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NVIDIA Corporation (NVDA) “On a long-term technical basis, the stock (NVDA) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 487.13 and 453.28. If the stock breaks down through support at 487.13 then it will probably continue lower to 453.28. The stock will meet resistance at 589.07 and 662.70. If the stock breaks up through resistance at 589.07 then it will probably continue higher to 662.70. The 200-day moving average is at 345.06. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (65.02).”
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