After a drop of little over 60% in the past year, NVIDIA has created a bullish divergence on a previous support line. 1 Year analyst targets according to Tradingview is $202/share, which constitutes roughly a 60% price increase from current price. My plan for NVIDIA as of right now is a swing trade earning to make anywhere from 30-50% in the next couple of...
The price bounced on the support line and now is approaching the resistance from the wedge and the Keltner channel. We expect that the price will reach the resistance line soon , get rejected and drop back to target point as in short position. Entry, Stop loss and target are shown in the chart Good luck.
Friday, 21 October 2022 23:59 PM (WIB) Check frequently for the fluctuates price until meeting the ascending support lines.
As with Tesla stocks, such increases were unsustainable. In my opinion, Nvidia is a very qualitative company, so after potential drops under the Cisco analogy ( CSCO ) from the dotcom bubble, it may be worth buying. Cisco ( CSCO ) during the dotcom bubble grew by 1500% from March 1997 to March 2000 (35 monthly bars) and then decreased by 90.10% (in 31 monthly...
While NVIDIA got new lower low from July, I think $129 is the key level for NVIDIA to hold. Second is we need RSI to turn around so we can get a divergence. Third is we need to get above the order block and hold above it. This is only chance for bulls.
C Wave of Zigzag on a background of negative strikes on parabolic and volatility indicators. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci...
NVDA NVIDIA Corporation looks ready for a technical rebound. A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold. In this case, the Relative Strength Index momentum indicator of NVDA is below 30. Even though i am overall bearish on the economy, buying a strong financial instrument when...
using Nasdaq futures to monitor the long term trendline from 1999 till now... we violently broke the trend in 2008, but bounced beautifully in 2018/2020 and I think we soon get a decision on how price will act this time around... it should also let us know what to expect for tech valuations in the coming months/year!
BingX’s Bitcoin Chart The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Bitcoin is down 2.75% over the last 24 hours and fell to an intraday low of $18,125.98. The largest cryptocurrency dropped alongside the traditional equity market as the Fed hiked rates by another 75 basis...
$NVDA is on its last leg of support, if it loses this area we are looking at $115 as the next support level HOWEVER, I'm spotting signals of capitulation as I highlighted in yellow - steep decline with elevated volume. In the past NVIDIA usually bounces after this type of price action and we have now touched the bottom of this descending supportive channel that...
Price has been falling since the stock's highs at the 344 zone. It has now formed a bearish gap at $148. More reason to remain BEARISH! I'm expecting it to get to the $40 zone. I'm sitting on the sidelines when it comes to NVIDIA and other US tech stocks. They are over-valued.
Stock investments by US House Speaker Nancy Pelosi and her husband, venture capitalist Paul Pelosi, are again in the spotlight after shares of Nvidia (NASDAQ: NVDA) declined again after the pair reduced their interest in the semiconductor company. Pelosi is the first female Speaker of the US House of Representatives and second in line to the presidency (after...
NVIDIA Corporation provides graphics, and compute and networking solutions in the United States, Taiwan, China, and internationally. The company's Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics;...
Here is my prediction of the SP market bottom. How do we get here. well currently the small and medium stocks that were overpriced have been smashed, I'm talking about all specs the poster child of the 2020 run, all speculation stocks lemonade, zoom, peloton and other retail favourites have been killed. Ive always said the market will bottom when the big names...
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
BingX’s Bitcoin Chart According to the OKLink data, Ethereum miner addresses have transferred more than 317,000 ETH since August. Bitcoin is up 1% over the last 24 hours and rose to an intraday high of $21,900.00. The largest cryptocurrency has been trading in a tight range between $20,800 and $21,500 since 19 Aug, indicating the demand dries up at higher...
$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...