NVIDIA Short Term: the downside prevails as long as 218.76 is resistance
NVIDIA (NVDA.US)
+6.97+3.40%
the downside prevails as long as 218.76 is resistance
Our pivot point is at 218.76.
Our preference: the downside prevails as long as 218.76 is resistance
Alternative scenario: above 218.76, look for 233.65 and 242.51.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 214.62 and 206.91).
Supports and resistances:
242.51 **
233.65 *
218.76 **
205.19 USD - last
186.03
177.33 **
168.62 *
Our preference: the downside prevails as long as 218.76 is resistance
Alternative scenario: above 218.76, look for 233.65 and 242.51.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 214.62 and 206.91).
Supports and resistances:
242.51 **
233.65 *
218.76 **
205.19 USD - last
186.03
177.33 **
168.62 *
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