NVIDIA Intraday: as long as 156.44 is support look for 161.84

NVIDIA (NVDA.US)
+3.93+2.57%
as long as 156.44 is support look for 161.84
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Our pivot point is at 156.44.

Our preference: as long as 156.44 is support look for 161.84

Alternative scenario: below 156.44, expect 154.67 and 153.62.

Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 157.34 and 155.99).

Supports and resistances:
163.96 **
162.90 *
161.84 **
160.78
157.87 USD - last
157.14
156.44 **
154.67 *
153.62 **

Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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