Be careful about NVIDIA. There is a bearish divergence (price and CCI), and the breakout of the trendline could mean the beginning of a bearish phase for NVDA.
A few weeks ago, I published a short-term NVDA play that worked out very well - riding the run-up to earnings, targetting $245 (and failing that, sell it right before market close on earnings day). Profits on at-the-money June calls were 100%+ As expected, they handily beat expectations. The stock price, however, were down the day the next morning. The run-up was...
Hey guys, I think NVDA has some big things coming up... Check out whats big...
Hi Guys, NVIDIA has seen a huge rally in the past few weeks and I think there is more gas in the tank to grow even further! Nvidia just reported they made $289 million in graphic card sales to crypto mining, which is great news for not just NVIDIA but for the crypto world as a whole. This clearly shows there is clear support, belief and demand for graphic cards...
Watching for t-k re-cross above bullish 1W ichimoku cloud. AB=CD harmonic pattern bringing $AMD to $22 by May 2019
NVDA earnings are in two days and a negative divergence is forming. It will complete if there is a slight price increase after earnings. This could indicate a lack of conviction in buyers and sell off will take place after a brief pop in price.
Nvidia has seen massive growth in the past year. They will be announcing Q1 earnings next Thursday (May 10) after close. Expectations are very, very high, and the run up to the earnings call can be explosive, as well. However, with expectations so high, it also becomes more risky to hold a position through earnings (EPS estimate is almost double that of Q1 2017,...
As strong and loved as the Nvidia name is, it's been caught in a familiar range all year. While everyone wants to boost the price target around $280-300, it's barely been able to crack $250 even during positive sentiment and momentum. The advantages Nvidia has don't need repeating, nor do its merits and prospects. It's an expensive stock and has always traded high...
I dont think there is something to add on a chart like this. Best case scenario its gonna have an irregular ABC. Farewell greens.
Looking great for another run... it broke the resistance line and stochastics are in the underbought zone.
Pretty straightforward bracket here. Picking a high around $74 and a low in the high $40's. If I had to pick one, I would say due to the chart pattern the $74 is most likely, but watch for volatility taking this thing down to $48. Will keep an eye on it, options trade anyone?
As you can see there is alot of bearish rsi divergence which means NVDA is not done with the correction yet. Also it broke out of that pattern and now is coming down to that .382 fib line which is met with a gann fann line and alot of previous resistance.
Hi everyone Nvidia Corp (NVDA) Support and Resistance and Nvidia long term $294 Deal
NVidia closely resembles the Bitcoin chart! The manufacturer closely supplies digital infrastructure companies (crypto miners), many of whom are currently contending with low digital asset prices, regulatory clampdowns, and expensive hardware prices. Consolidations are imminent. And the secondary market for GPUs will likely slam retail prices and orders with the...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
When the stock broke the purple resistance on March 12, I decided that there must be something else here.. After a couple of days this set up was born. However, one can observe that the stock is at the junior support (black lines) Meanwhile, note the risky speculative way that I have set the Fibonacci ratracement levels. See how they exlain the recent...
This is a bullish swing trade I entered on Friday. NVDA has made a nice recovery from the recent low and is now forming a pennant pattern. I am looking for a break to the upside and depending on how strong NVDA looks I may trail my stop up rather than exiting all at my target.
Hot stock that has made some historic movements over the past 24 months has now been in consolidation for around a 8 week period. Are we going to break low? This is the question being asked and if we check the indicators we can see a volume decline and the RSI is showing we have a slight decline in momentum. However, if you look at the figures we have pulled...