NVIDIA Intraday: Aim at 228.50

NVIDIA (NVDA.US)
+0.55+0.25%
In spite of the current correction, a rebound near 230.28 is expected as long as 221.09 is still intact
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Our pivot point is at 221.09.

Our preference: In spite of the current correction, a rebound near 230.28 is expected as long as 221.09 is still intact

Alternative scenario: below 221.09, expect 218.12 and 216.35.

Comment: the RSI is above its neutrality area at 50. The price stands above its 20 period moving average (224.38) but below its 50 period moving average (225.43).

Supports and resistances:
232.07 *
230.28 **
228.50
225.06 USD - last
221.09 **
218.12 *
216.35 **

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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