1. Face it, Bitcoin is back and NASDAQ:NVDA got crushed end of 2018 specifically because of the rev losses from their flagship mining chips. (Which i was not aware are connected to the A.I. in self driving vehicles). Billions are going into that industry too.
2. They beat earnings on Thurs, 5/16 and shot up to $173 after hours, however what i’m about to show...
Made a fortune on NVDA's rise - time to ride the wave back down. Thinking the weekly on NVDA is looking rather bearish. Oscillators are moving down with momentum, and a short opportunity is nearing on the smaller TFs. I like how much higher the beta is 1.9, with my leverage positions I can squeeze out more in a short than strictly an SPX play! While the volume...
NVDA has gapped down substantially but found support at it's 50 day moving average. Stock has bounced nicely from its' 50dma - doji formed from this nice bounce - looking for the bounce to continue with a pop higher from this doji on 50dma
NVIDIA is expected to continue its current bullish momentum with a minimum expectation of price reaching 292.75.
The 6 hour timeframe candlestick chart of NVIDIA (NVDA) is examined in today’s analysis with coverage of over 10 months of price action. The 50 moving average (MA) and 200 MA is used to help to track the trend changes in NVDA, and also suggest...
"Bring your lifestyle to me I'll make it better"
And how long will I live?
"Eternal life and forever"
And will I be, the G that I was?
"I'll make your life better than you can imagine or even dreamed of
So relax your soul, let me take control
Close your eyes my son
“My eyes are closed “
It looks like we have hit our price target of $187 with the probability of...
A: What is Nvidia?
This is a $200 stock. Thinking we will move up through the flag/wedge we've been forming. Hoping for a reach and ride along the multi-year kickoff trend line used as a stepping stone to potential ATH in the somewhat distant future.
Long @135, looking for 225 at least. Will begin selling 225 covered calls against my position close to the...
Confirmation/Entry: 124.46 (ideal) / 188.78 (early) / 227.89 (risky +)
Invalidation: Local high
Target: Three targets on chart
Pattern: 1) Weekly bearish impulse with 2) break of weekly EMA50, 3) death cross on daily, and 4) daily EMA200 resistance.
Weekly snapshot. Notice the trading between the EMA50 and...
The price is at an important level here. If it can bounce of the resistance level, would look for $190+ target. If it can't bounce of this level would cut it. Bull flag on daily and it's gapped above it pre market so this level is very important to hold for the idea to be valid.
This is a nice 3R+ trade if you put your stops in correctly.
Pretty clear long term channels dating back to 2000 and 2003. Plus a steeper near term growth channel has formed between two uptrend lines, confirmed with multiple touches. Looking for SOX to step up into new highs and for much of the past resistance to become support.
(1) - Looks as though this move down may have already occurred this week and we found some...