Nvidia may rise to 112.20 - 116.15

Pivot

106.25

Our preference

Long positions above 106.25 with targets at 112.20 & 116.15 in extension.

Alternative scenario

Below 106.25 look for further downside with 103.30 & 98.65 as targets.

Comment

The next resistances are at 112.20 and then at 116.15.

Supports and resistances

120.00

116.15

112.20

109.34 Last

106.25

103.30

98.65

Number of asterisks represents the strength of support and resistance levels.