TonyRobinson
Long

Trying to chart the unchartable

NASDAQ:NVDA   NVIDIA CORP
Seems to be no stopping this bad boy.

Bearish indicators everywhere for MONTHS but it's still on a steep climb to outer space.

The only direction from here from TECHNICALS seem down. Well it's been that way, lol.

But on the fundamental side, it's doing very well. Follows Bitcoin trend fairly well in fact because of the mining craze going on. Earnings are predicted to be very well, and if there's anything to hold them back it's the ability to supply retailers with graphics cars in time for the hype.

I honestly don't know if anyone can chart this company's shares with precision.

Options trading would be a death wish for me.
Comment: Resistance tested at 191USD, support at $155. Possibly optimal buy in at support in near future.
Better be away from this crazy shares. There are so many nice options INTC, MSFT, MU
Reply
If you looked at the day volume you would've seen that it's precisely as used to be on 2011 when distribution was taking place, so there is the end.
Reply
I don't think we are ever going back to 140s.
Reply
Love the fundamentals of this company, good current ratio, around $4 EPs, but you're paying about $50 per share. MXIM is cheaper and has an eps growth about the same as nvda. It's looks to be consolidating, may be a good buy. I want to GUESS that nvda will drop to around 160 over the next month or so.

Great chart Tony. What are your thoughts on the pe dropping from 50 to 40?
Reply
Brandon50115 Brandon50115
@Brandon50115, edit: paying $50 per $1 earnings, etc
Reply
TonyRobinson Brandon50115
@Brandon50115, Thanks for the feedback. Yes, 160 is the hope... Another with similar fundamentals with a bit weaker earnings and leadership is AMD. Same market, more challenges.
Reply
Interesting! Thanks for sharing.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out