Nvidia starts recovering - Analysis - 30-06-2020

Nvidia's stock rose 2.36% in the last session amid support from the 50-day SMA with the dominance of the main upward trend while trading alongside the upside short-term trend line, with positive signals from the RSI after reaching oversold levels. 

Therefore we expect more gains for the stock, targeting the resistance of 398.29, provided the support of 351.45 holds on. 

Expected trend for today: Bullish