Hello There!
Welcome to my new analysis about NVDA on several timeframe perspectives. Within the recent times the market of NVDA has shifted into a potentially crucially developing bearish pullback scenario consideration. Especially, as there are underlying bearish factors that could trigger such a bearish signal that NVDA does not have the ability to emerge...
While prices have certainly given a solid return for anyone who placed a bet around the support right below $1, current price action IMO does not provide a good risk/reward (also factor in the wild intraday
price swings).
Despite prices building up well below the AVWAP from the Jan 2023 highs and breaking out on Friday, the large daily range over the past week...
This is a potential put setup with a strike somewhere between 55-70$ that I am currently looking into. If the stock price drops below 85$ I will likely enter some puts on TSM. Between Senator Tuberville loading up with his military affiliations and Warren Buffet selling 86% of his TSM shares recently, I think a big move is coming.
$NVDA has a very interesting chart.
Today NVIDIA announces earnings, missed. The price plunged a bit after hours but not as bad imo.
I see a solid accumulation/support near the $157-$161 level.
NVDA previously broke out of a falling wedge on July 15th, however, it didn't back test the break-out zone afterwards, holding the support level this week would set up a...
Who is gonna win this battle: cup and handle or rising wedge ?
MCHP made a nice “buy the dip” on Tuesday creating a “cup and handle” pattern that combined with the ABCD pattern gives a forecast for a possible target price at point (D).
If that happens, MCHP will break the resistance line and go into a new trend which it will then surely test again.
Of course...
This is not financial advise. For entertainment purposes only. MY OPINION
AMD has had some good news, and solid growth despite the trade war between US and China. Finding support at the .618 Fib retracement at the end of a rising wedge, especially to end the week or month, could spark a full breakout to the ATH of $47.50. However, when adjusted for inflation, that...
beyond technicals, the crypto space looks to be finding its footing again and we are seeing serious signs of a recovery. AMD caters to this market so a return to bullish momentum in this space generally means an increase in microchips, thus a positive speculative play on AMD. Additionally, markets seem to be making a turnaround so this should be positive for AMD.
