After a remarkable bull run, is NVDA finally starting to show weakness? Could be a good short opportunity. Thoughts? P.S. This stock has been BRILLIANT for morning gap trades. Have traded put options between 9:30 and 10:00 am all month. Very high percentage play as of late.
The stock being pumped up. Even though stocks are future earnings there are also uncertainties as we can't not see the future. I don't recommend buying into Nvidia at these levels. It is also look like it's forming H&S pattern. If I'm right we could see a big crash down to $50s or $60s levels in the never term. Thanks.
Using volume to see the big players... Remember, Retail will forever be a small fish in a big pond
NVDA showed their new exciting innovation and road map for future AI development. As I mentioned before, I do consider NVDA more than GPU manufacturer, and their recent demos and concepts of "AI in the cloud" give a strong boost to their stock. In short the new processor and representing (somewhat) the physical limits of fitting transistors. For end users, that...
NVDA inverted head and shoulders pattern. Heading back past $135 before weekend. Looking for break through key resistance level around $132.70 before strong move higher.
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A high implied vol rank/implied vol, earnings volatility contraction play with no downside risk ... Metrics: POP%: 72% Max Profit: $101/contract Max Loss/BPE: $199/contract BE at 111.01 (no downside risk). Notes: A good finish remains between the short strikes (95.5/113). Attempting to avoid getting "AMD'd" here ... . Will look to take profit at 50% max. ...
With the French elections now in the rear-view mirror, the Euro is at 1.10-ish at Asian open, and I'm looking to watch and short /E6 or FXE after seeing how far the spot forex pair goes here. Typically, the currency doesn't move all that much in the Asian session, so I kind of want to see what the European market does with the news before committing to a short...
completion at 10.12 although due to the overwhelming selling pressure I will play this one with careful. Preferable buy near 200MA (9.75) but I'm happy buyer near 10...will see it opens tomorrow.
Is that it for the NVDA run? Definite reason to think good news is all priced in here.
On April 28, 2017, NVIDIA stock crossed below its 100 day moving average (DMA). Historically this has occurred 106 times and the stock drops a minimum of 0.327%. The median drop is 6.170% and maximum drop is 44.146% over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 54.3666. RSI tends to...
NVDA shows support levels at 95 Implied Vol is 45% Current HV at 26% DOJI Candle from Down trend. watch for reversal next two days target 107. Closes below $96 in next two days No longer a trade. Sell 28 April 98 Put/Buy 28 97 Put .35-.40 credit
NVDA was the stock of the year and it is great company in my opinion. People mostly focus on their GPU market, but it's hard to ignore their strong hand into the hardware and software for A.I. Researchers love using (CUDA) software, which just saves time but it's also reason enough for it to be to-go choice for machine learning, deep learning etc. (GPU...
NVDA reports on 5/9, and has been in a downward channel since the double top at 120. How low can it go before ER? If you are bullish on the company long-term, at what price points do you start scaling in?
If you didn't notice the bullish reversal on 3/7, then another entry was on 3/17 for a long position. The trailing stop is $5 of risk, not too shabby. $NVDA is one of our favorites for a Skip-strike butterfly trade, especially if you want an OTM position for higher risk reward (due to the price fluctuation and strike hits). Our youtube post on our site discusses...
On April 4, 2017, NVIDIA Corporation ( NASDAQ:NVDA ) crossed below the 50 and 100 day moving average (MA). Both events have occurred on the same day 27 times with a minimal loss of 0.33% and median loss of 5.99%. Historically the stock has crossed below the 50 day MA 144 times and the stock does not always drop. The stock has a median loss of 3.802%. Historically...
Blue-dashed lines as weekly R/S lines. #NVDA is a potential long, especially bouncing off the 50-MA.