Nvidia gives in to negative pressure - Analysis - 25-03-2021

2021-03-25 12:01:05 GMT (Economies.com)
 

Nvidia's stock (NVDA) fell 3.27% in the last session amid negative pressure from the 50-day SMA, amid the dominance of the downward correctional short-term wave, while hurt by piercing the main upward trend line recently. 

 

Therefore we expect more losses for the stock, targeting the pivotal support of 466.60, provided the support of 503.35 was breached. 

 

Expected trend for today: Bearish

 
 
 
  Symbol Last Change Chg.%
1.2135
-0.0038
0.3150%
1.4122
-0.0014
0.1015%
Tadawul
10322.68
86.96
0.85%
27.434
-0.370
1.333%
65.429
0.037
0.057%
68.55
0.41
0.60%
1832.165
-12.060
0.654%
 
 
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