NVIDIA Short Term: as long as 194.42 is resistance look for 166.35
NVIDIA (NVDA.US)
-4.15-2.22%
as long as 194.42 is resistance look for 166.35
Our pivot point is at 194.42.
Our preference: as long as 194.42 is resistance look for 166.35
Alternative scenario: above 194.42, look for 203.24 and 208.48.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 185.30 and 184.41).
Supports and resistances:
208.48 **
203.24 *
194.42 **
190.96
182.81 USD - last
171.43
166.35 **
161.27 *
156.19 **
Our preference: as long as 194.42 is resistance look for 166.35
Alternative scenario: above 194.42, look for 203.24 and 208.48.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and positive. The break above the 50 area on the RSI should trigger further gains. Moreover, the price stands below its 20 and 50 period moving average (respectively at 185.30 and 184.41).
Supports and resistances:
208.48 **
203.24 *
194.42 **
190.96
182.81 USD - last
171.43
166.35 **
161.27 *
156.19 **
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