As of the last 2 months, there have been some very interesting progressions in NASDAQ:NVDA 's stock. In the beginning of November, they had a drastic price climb (15 percentage points) in the stock due to their announcement of their strong third quarter earnings. Although, a couple of weeks later (the present) their stock has tumbled a considerable 7% and there...
Recently I decided to take a delve into the sector of the stock market that truly represents my personal interests, the performance PC hardware sector. I've been performing investigation into various companies such as NASDAQ:INTC (Intel Corporation), NASDAQ:NVDA (Nvidia) & NASDAQ:AMD (Advanced Micro Devices). In many peculiar ways, these companies are very similar...
#NVIDIA SHORT in the mid-term!
ENTRY: 295.60 USD
TARGET: 236.77 USD (+ 20% profit)
STOP: 317.40 USD
NVIDIA Corporation operates as a visual computing company worldwide. It operates in two segments, Graphics and Compute + Networking.
1. Chip maker Nvidia (NVDA) caused euphoria with its announcement that it is developing technology for Metaverse applications....
I am a trader first and foremost and investor second. I checked the company's fundamentals and I've come to a conclusion that NVIDIA is a good company that I want to buy at least 10 shares of them BUT not at the current price.
I am a swing trader and I will wait for opportunities to buy at the DCF average price of $266 or closer to the technical price that I have...
Revenue increased more than expected to $7.1 Billion vs $6.83 expected. Demand for Nvidia AI is strong. Gaming Revenue up 42% from last year.
After hours we saw a jump to $306-7 but we have cleared the big risk event and a retest of recent all time highs is likely now the good news is out and behind us. Buying small pullbacks to $300 for test of $322.
NVIDIA has started a downtrend after a good growth and a bullish trend.
Currently, price is bouncing sideway between the SR zones. We still don’t know if price has done with the correction and the downside move, or it still wants to drop further.
Since price could not make a higher high and has made a lower high:
If the support zone which is around $290 broken...
