Nvidia rallies - Analysis - 22-01-2021

Economies.com
2021-01-22 12:27PM UTC

Nvidia's stock rallied 3.75% in the last session while shaking off negative pressure from the 50-day SMA, amid the dominance of the main upward trend in the medium term, with positive signals from the RSI.

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 588.110.

 

Expected trend for today: Bullish

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