From a technical point of view, NASDAQ:NVDA 's trend is bullish on daily and intraday charts, and after some correction, NVIDIA Stock should trigger at least the latest rally. That said, if we look at 1H chart, we see a completed wave 3 and a corrective structure in play. The 309/303 support area should limit a potential pullback before a price recovery, , and...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia just perfectly broke above the previous all-time-high which we created back in November of 2021 at the $340 level. You can also see that from a weekly perspective Nvidia stock is a little bit overextended towards the upside,...
Nvidia has garnered significant backing from some of the largest family offices on Wall Street, as evidenced by its remarkable 11.8% surge last week. This performance is all the more noteworthy considering that NVDA stock has already risen by 121% year-to-date. The recent release of 13F filings unveiled that family offices associated with Stanley Druckenmiller,...
If you haven`t bought NVDA here: Then Analyzing the options chain of NVDA NVIDIA Corporation prior to the earnings report this week, I would consider purchasing the 360usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $31.75 If these options prove to be profitable prior to the earnings release, I would sell at least half...
NVDA is showing RSI Hidden Bullish Divergence at the Support Line of a Falling Wedge and the 200 Week Simple Moving Average. I have Two Bullish Targets for this Trade.
NVIDIA (NVDA) - EARNINGS are reported TODAY after market close - Expected Earnings 0.924 EPS (prior 0.88) - Expected Revenue $6.532 bln (prior $6.051 bln) - We are oversold on the weekly but could hit the Cup & Handle ceiling before turning over. - P/E ratio up from 57 in Oct 2022 to 175 in May 2023... - Price is 182% up from the Sept 2022...
All the World chipmakers are on the rush this night, due to Nvidia ( NASDAQ:NVDA ) Q1'23 Earnings Report. LSE:3NVD is the Leverage Shares 3x Nvidia ETP Securities that seeks to track the iSTOXX Leveraged 3x Nvidia Index, which is designed to provide 3x the daily return of Nvidia stock, adjusted to reflect the fees and costs of maintaining a leveraged...
NVIDIA soars to an all-time high after Q2 earnings far exceed expectations NVIDIA (NASDAQ: NVDA) shares hit new all-time highs on Thursday following the release of the company's robust Q2 earnings report, which showed a performance that far exceeded Wall Street's expectations. The tech giant's guidance for the next quarter also topped forecasts, leading to a...
I was pointed to this inverted head and shoulders last night and it's almost too perfect. You can look at the structure and the neckline (slightly declining) and it's perfect. Well, we just kinda broke out yesterday. Chances are you can get a better entry from here if this is what you want to play. It may (and probably will) chop back under this important...
Nvidia, a tech industry leader, has shown remarkable financial growth. In Q2 2022, earnings per share were $1.36, dipping to $0.58 in Q4. However, Q3 2023 projections are promising at $0.92 per share and a revenue of $6.52 billion. In October 2022, Nvidia's stock price, initially heading towards $100, found support at $108, marking the start of a bullish trend....
After an eventful week for the NAS100, US500, JPN225, GER40 and the USD, traders should be open-minded for further twists in the market script this week. At one stage last week better-than-feared US data and some modestly hawkish Fed chatter saw US interest rate futures price a 40% chance of a hike at the June FOMC meeting - the USD naturally benefited from this...
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Hello Fellow Global Stock Trader, Here's a Technical outlook for AMD Stock! Price Action Analysis After Rebounding on the Fibonacci Golden Ratio Area, AMD has broken out of the bearish channeling pattern. The breakout could confirm a possible bullish trend ahead. The MACD Indicator made a golden cross, signifying a possible upside movement to the target area. ...
This is reported by CNBC with reference to the opinion of a hedge fund manager who believes that AI-related demand will serve as a growth driver. → According to Goldman Sachs analysts, AI can increase the profits of S&P 500 companies by 30% in the next 10 years. → NVIDIA raises its FY2024 processor sales forecast due to demand for AI. → Billionaire Stanley...
Price Action es very Important Last Bull Move for EURUSD will be 1.0950 then Sell off is next !!! EXECUTE TRUST PATIENCE PRICE ACTION DO YOUR HOMEWORK TAKE PROFITS STAY HUMBLE REPEAT !!! DONT BE BULL OR BEAR , BE WITH THE MARKET !!
I believe NVIDIA has topped out for now. The inverse head and shoulders looks to have played out nicely for the bulls. Im currently looking to short back down to the $270 area. Ill play it level by level by using fibs and volume support along the way. Long term - My lowest target price is around $130-$150. Hard to say if we get there since its so far away...
- NVDA rising wedge resistance rejection, a lot weaker today - QQQ bounced off double bottom with yesterdays low - NASDAQ double top resistance still holds - CPI Data 5:30am PST tomorrow - PPI Data 5:30 PST thursday
This stock has been doing well recently and has reached significant resistance levels with overbought conditions and bear divs on both RSI and Volume. Along with that its moving up in rising wedge which is bearish structure. Highlighted the levels for SL and TP (Orange lines) it may not go all the way down because move from bottom to 50% level looks solid and...