Boring_Trader

(Update) NVDA

NASDAQ:NVDA   NVIDIA
Back in 2 April commentary where we discuss bearish scenario for Nvidia (NVDA). Price since then reached the highlighted $209 support. Based on the latest price action, a daily close below the $183 threshold could ignite further sell off and a potential retest of either $161 or $134.51 support. However, a bullish scenario might occur upon an EMA10-EMA20 golden cross plus with a daily close above $209 level. Upside resistance is $237.55 and $265.45.
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