NVIDIA Intraday: the downside prevails as long as 203.8 is resistance
NVIDIA (NVDA.US)+0.06+0.03%
the downside prevails as long as 203.8 is resistance.

203.8 is our pivot point.
Our preference: the downside prevails as long as 203.8 is resistance.
Alternative scenario: above 203.8, look for 208.6 and 211.4.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Nvidia is trading under both its 20 and 50 period moving average (respectively at 203.31 and 208.67).
Supports and resistances:
211.4 **
208.6 *
203.8 **
199.531 last
193.8
191 **
188.2 *
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