Stocks

Nvidia may fall to 125.00 - 127.60

2024-10-16

Pivot

136.00

Our preference

Short positions below 136.00 with targets at 127.60 & 125.00 in extension.

Alternative scenario

Above 136.00 look for further upside with 139.40 & 144.40 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

144.40

139.40

136.00

131.19 Last

127.60

125.00

121.80

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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