Nvidia stalls - Analysis - 10-06-2021

2021-06-10 10:28:38 GMT (Economies.com)
 

Nvidia's stock fell 0.57% in the last session on profit taking, while gathering momentum to help it rise anew, as it vented off overbought saturation in the RSI, with the dominance of the main upward medium-term trend, coupled with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher and target the resistance of 718.35. 

 

Expected trend for today: Bullish 

 
 
 
  Symbol Last Change Chg.%
1.1938
0.0036
0.2995%
1.3922
0.0028
0.1979%
Tadawul
10919.68
6.62
0.06%
26.002
0.013
0.050%
73.577
1.751
2.438%
75.56
0.32
0.43%
1776.465
-1.925
0.108%
 
 
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