Nvidia tries to gather momentum - Analysis - 19-10-2020

Economies.com
2020-10-19 11:15AM UTC

Nvidia's stock fell 1.13% in the last session amid negative signals from the RSI, while gathering momentum to help it rise anew, as it trades alongside the main upward medium-term trend line, with positive support from the 50-day SMA. 

 

Therefore we expect the stock to return higher, targeting the record resistance of 589.11. 

 

Expected trend for today: Bullish 

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