NVDA shot up on earnings two months ago and more or less went sideways until
mid July when it trended up for a week and then reversed downward.
On the 2H chart, I have placed both a VWAP anchored to the earnings date as
well as a volume profile. Price is currently above the 0.5 Fib level as well
as at one standard deviation above the mean VWAP and above the...
NVDA turned down today while SOXS rose a bit. On the 30 minute chart is shown to have
have been trending down but then reversed in the after-hours trading period albeit with
the low volumes typical of after-hours. The relative volatility indicator however showed
a dramatic reversal and will be beyond the moving average within the indicator.
Overall, I see...
On the 4H chart PATH was on a trend down in April. The strength momentum ( green band) was
in a narrow range. In May as can be seen on the indicators, both volume and more especially
volatility have increased significantly. The chart pattern is now that of an upward facing
megaphone reflecting the volatility. The strength momentum band is much wider....
On the 2hr chart, NVDA popped from earnings over 20% putting with a PE Ratio sky high
on the promise of semiconductor heaven and AI ecstasy. Can it stay there ? Will it lead
other technology companies ( semiconductors / cloud services / AI et cetera) higher
as well ? Is it now overbought and looking at a glass ceiling? The indictors suggest a near-term...
NASDAQ:NVDA
NVDA on the daily chart appears to have formed a flat top triangle
with the trendlines drawn onto the chart. Price appears to
be falling outside the ascending support line before upcoming
earnings. Will NVDA rise to regain support or breakdown further?
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been analyzing $MU for the past few months. After...
Shooting star or big doji its bearish pattern on daily candles - Bearish signal can be triggered below 720 - Overbought indicators - Expected Split at 20 Jul so its risky trade to short prior to the split process but technically its overbought and can be corrected to the level of previous major breakout levels. cancel short idea above ATH Only!
AMD one of the first stocks i traded, showing signs of a repeating H&S pattern, i likely return to the purple fib line before right shoulder is established, nice short. It goes against the momentum of the momemtum of the MA on the Monthly chart but i think a H&S squeeze can be fit in. Strong mirror resistance level at the top of the three peaks can be seen.
Directional Bias: Short
Price Target: 7140-7160
Good Entry: 7000-7020
Risk/Reward: Max Risk of 30 points/Potential Reward of 100-130 points
If target is reached on the idea titled "Some NQ Loving", it would present a good opportunity for a little retrace. Given how weak AAPL is, a gap fill type move isn't out of the question.
Directional Bias: Long
Price Target: 37-38
Good Entry: 34.3-35
Risk/Reward: Max Risk of $1 (trade idea invalidated below 34.3 15 min candle close)/ Potential Reward of $3+
Well A multi year flag? A big move is coming, My gut has been telling me to Buy TVIX or UVXY and DRV as my gut is bearish, no doubt SEMI's are not going anywhere, but the overall Bull market run tells me we are due for a shocker sometime soon, DRV soon looks to be profitable.
For a brief overview and risk see:
drive.google.com
Micron has been a solid value play for the majority of the 2017 tech run and I think it's worth looking at the current standing and valuation as of current, should you choose to stay long tech into 2019.
Micron had a $2.5 EPS just 90 days ago with a PE of just over 8. MU reported FQ4 guidance Rev/EPS @...
