NVIDIA Intraday: Rebound towards 232.08
NVIDIA (NVDA.US)+2.45+1.09%
Rebound above 224.12 towards 232.08

Our pivot point is at 224.12.
Our preference: Rebound above 224.12 towards 232.08
Alternative scenario: below 224.12, expect 221.32 and 219.66.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. The price stands below its 20 and 50 period moving average (respectively at 227.47 and 231.36).
Supports and resistances:
233.75 *
232.08 **
230.41
226.43 USD - last
224.12 **
221.32 *
219.66 **
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