Nvidia tries to garner momentum - Analysis - 28-05-2020

Nvidia's stock fell 2.21% in the last session amid negative signals from the RSI while gathering momentum to help it rise anew, amid the dominance of the main upward trend while trading alongside the main upward short-term trend, coupled with positive support from the 50-day SMA. 

Therefore we expect the stock to rise and target the resistance of 366.67 anew, provided the support of 316.03 holds on. 

Expected trend for today: Bullish