Nvidia tries to garner momentum - Analysis - 22-01-2020

Economies.com
2020-01-22 11:46AM UTC

Nvidia's stock declined amid the dominance of the main upward trend in the long term, with support from the 50-day SMA, marking a loss of 2.76%, while gathering momentum to help it rise anew. 

 

Therefore we expect the stock to return higher, targeting the resistance of 253.07. 

 

Expected trend for today: Bullish 

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