With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...
Nvidia on hourly candles respecting elliot impulse wave pattern for year 2024. Wave 2 was a classic 3 wave elliot correction wave pattern. This then breaks into wave 3 and is respecting a very tight channel upwards. Expecting 1000+, back to 900s, then price target of 1100+ post July. Heavy chop in wave 3 due to broader market uncertainties and pressures. This...
Reasons Why !! In Q4 2023, Robinhood’s net revenues increased by 24% year-over-year to $471 million. This growth was driven by higher net interest, transaction-based, and other revenues1. The company reported net income of $30 million, a significant improvement from the net loss of $166 million in Q4 20221. Adjusted EBITDA rose to $133 million, a 62% increase...
Supermicro is an American company, a major manufacturer of motherboards, cases, power supplies, cooling systems, SAS controllers, Ethernet and InfiniBand. The company specializes in the production of x86-server platforms and various components for servers, workstations and data storage systems. The headquarters is located in San Jose, USA. Founded in...
Meta has invested $30 billion in 1 million NVIDIA GPUs to improve its AI model training capabilities and push technological boundaries in AI development. The acquisition, which includes a million GPUs, is one of the largest in the technology industry for such equipment and represents a major milestone in Meta's strategic direction towards the development of...
The semiconductor industry, known for its dynamic nature, faced a tumultuous day as Advanced Micro Devices ( NASDAQ:AMD ) delivered an uninspiring outlook for the upcoming quarters. The repercussions of AMD's subdued guidance rippled across the market, with its main rival Nvidia ( NASDAQ:NVDA ) feeling the heat, alongside other semiconductor giants like Skyworks...
Nvidia has been weak as of the last month, after a major run-up in the stock. Since we have no catalysts on the short term horizon, I am forecasting a fall back towards $700. However, in the short term we can get as high as $927 before falling back towards my target of $700. To get this sort move in the stock I will remove the purple alternative path of the...
Reasons Why !! Key Financial Insights: Stock Price: Amazon’s stock reached a peak of $189.77 on April 11, 2024, showcasing a remarkable uptrend1. Market Performance: The company’s strong market performance is evident as the stock price hovers close to its 52-week high. Behind the Surge: Amazon continues to dominate the e-commerce space with innovative...
NVIDIA NVDA continues to swing upwards. We are keeping an eye on the $1000 level. Is this a good time for a call Option entry?
NVDA has created an expanding channel and the price confirmed a bullish breakout under the hourly timeframe. Here we see a potential rally to the upside back towards the previous resistance zone. And also the price managed to respect the demand zone highlighted.
Throwing this out there, in case it unfolds. NVDA, the path to $3000. Projection up to 2027...
NVDA Nvidia LONG T1 900 T2 950 Stop Loss is explained in the video with partial exit when price breach Horizontal support TL towards downside and remaining exit when green sloping TL breaches towards downside. However, probability of NVDA reaching T1 = 900 and T2 = 950 is very high
Why Coinbase Could Soar to $260 Post-Earnings Coinbase, the renowned cryptocurrency exchange platform, has been making headlines with its impressive financial performance. As we approach the next earnings release, there’s a palpable buzz around the possibility of the stock price hitting the $260 mark. Here are some compelling reasons why this could become a...
Copper has been in an uptrend since february 2024. Price is currently outside Bollinger bands (50 period). Some of the reasons copper has been rising is near term demand and shortages, some articles pointing out to data center demand for copper for the AI boom. With Nvidia, intc, amd and other tech stocks showing weakness in last week, my opinion is that it...
According to the historical relationship between ETH & NVDA The caveat obviously this relationship was far stronger when ETH was validated using GPU's ... but we still have to take note of this relationship in my opinion! We know a vast majority of the altcoins are still in fact ERC20's ... including all the various L2's like Arbitrum, Base, Pulsechain and the...
Will the anchored vWAP of $763.45 on the daily chart for NASDAQ:NVDA (anchored from the low on 3rd January 2024) be defended after Friday's close dipped beneath it? The 15 minute open at 4am this morning ($778.00) looks like a potential intraday key level at this stage...
We move on from a week where strong momentum markets (AI names, NAS100, JPN225, Mexican peso) were sold down hard, with traders better buyers of the VIX, US30, gold, CHF, USD, and defensive equities (utilities). Notably, the NAS100 recorded its worst week since November 2022, driven in part by market players part-liquidating an incredibly extended position in...
Nvidia, do your own M M Targeting Discount 50% fib ( 684 ) & 61.8 fib ( 615 )from LastLow 393 ~ HigherHigh 975 Buy plan, Purple -Range 725 ~ 663 -Fomo : buy at 1st touch -Safety but possible too late: buy at 2nd touch purple box or wait confirmation technical / news try to get the Avg holding at 700 or under, as long as the price D1 closed bellow 787...