Stocks

Nvidia rallies - Analysis - 06-08-2020

2020-08-06 13:22:29 GMT (Economies.com)

Nvidia's stock kept rising in the intraday levels with a 0.53% profit, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, targeting the resistance of 470.78, provided the support of 424.12 holds on. 

 

Expected trend for today: Bullish 

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