NVIDIA Intraday: the upside prevails as long as 201.55 is support

NVIDIA (NVDA.US)
+0.38+0.19%
the upside prevails as long as 201.55 is support
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Our pivot point is at 201.55.

Our preference: the upside prevails as long as 201.55 is support

Alternative scenario: below 201.55, expect 197.61 and 195.27.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 204.17 and 203.75).

Supports and resistances:
214.50 *
212.15 **
209.80
204.72 USD - last
201.55 **
197.61 *
195.27 **

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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