$NVDA NVIDIA Corporation Stock Robo Analyst October 6 2019 #NVDA

NVIDIA Corporation (NVDA) “On a long-term technical basis, the stock (NVDA) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 178.89 and 169.56. If the stock breaks down through support at 178.89 then it will probably continue lower to 169.56. The stock has resistance at 188.40 and at 289.63. If the stock breaks up through resistance at 188.40 then it will probably continue higher to 289.63. The 200-day moving average is at 162.13. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 178.89 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (42.96).”