NVIDIA Intraday: as long as 181.30 is support look for 189.33
NVIDIA (NVDA.US)
+4.25+2.31%
as long as 181.30 is support look for 189.33
Our pivot point is at 181.30.
Our preference: as long as 181.30 is support look for 189.33
Alternative scenario: below 181.30, expect 178.37 and 176.62.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). 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 182.57 and 179.41).
Supports and resistances:
191.09 *
189.33 **
187.58
183.86 USD - last
181.30 **
178.37 *
176.62 **
Our preference: as long as 181.30 is support look for 189.33
Alternative scenario: below 181.30, expect 178.37 and 176.62.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). 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 182.57 and 179.41).
Supports and resistances:
191.09 *
189.33 **
187.58
183.86 USD - last
181.30 **
178.37 *
176.62 **
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