Nvidia clings to upside trend - Analysis- 19-11-2020

Nvidia's stock (NVDA) rose 0.05% in the last session after leaning on the support of the 50-day SMA, with positive signals from the RSI, and amid the dominance of the main upward trend in the medium term. 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 589.15, provided it holds above 532.30. 

Expected trend for today: Bullish