NVIDIA Short Term: as long as 217.77 is resistance look for 173.74
NVIDIA (NVDA.US)
+0.65+0.32%
as long as 217.77 is resistance look for 173.74
Our pivot point is at 217.77.
Our preference: as long as 217.77 is resistance look for 173.74
Alternative scenario: above 217.77, look for 231.93 and 240.36.
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 above its 20 period moving average (202.13) but below its 50 period moving average (209.91).
Supports and resistances:
240.36 **
231.93 *
217.77 **
202.81 USD - last
181.82
173.74 **
165.67 *
Our preference: as long as 217.77 is resistance look for 173.74
Alternative scenario: above 217.77, look for 231.93 and 240.36.
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 above its 20 period moving average (202.13) but below its 50 period moving average (209.91).
Supports and resistances:
240.36 **
231.93 *
217.77 **
202.81 USD - last
181.82
173.74 **
165.67 *
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