Nvidia may fall to 114.00 - 118.50

Pivot

130.00

Our preference

Short positions below 130.00 with targets at 118.50 & 114.00 in extension.

Alternative scenario

Above 130.00 look for further upside with 136.00 & 140.60 as targets.

Comment

The RSI is below its neutrality area at 50%

Supports and resistances

140.60

136.00

130.00

123.85 Last

118.50

114.00

110.00

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