Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the...
The EUR/USD currency pair has been making waves recently, and it’s currently dancing around the 1.1150 mark. Here’s what you need to know: Recent Highs: The pair has been on a bullish streak, reaching its highest level since March 2022 after convincingly breaking above the 1.1100 mark. Bulls are flexing their muscles, and the euro is strutting its stuff against...
Hello everyone, today I would like to talk about Nvidia. I believe that the current price level could be very challenging for the stock, so buying at these prices without any correction in price and time is not recommended at all. Please be aware of the risks and if you were an early buyer, it is a good idea to take some profit. The price might go higher, but the...
Team RED is READY As with any competitor, a quarterly earnings report from a peer can provide great insight into the market. For Advanced Micro Devices, the Q2'23 earnings report from Intel provides great views on the surging demand for AI chips and a rebound in PC demand crucial for AMD The most immediate signal from Intel beating Q2'23 estimates and guiding up...
NVIDIA aiming for a breakout upwards, Still riding on the Bullish AI momentum Buy signal Target above $700 Minimal downside
Reason Why Nvidia Will Still Growing Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for...
Overview My first two publications on this idea were removed and I was banned for a day so let's try this out again: ... I finally gave in and started looking into NASDAQ:NVDA and I'm glad I did. If I was going to comfortably invest in derivatives or shares of the tech company, I needed to perform a full evaluation and determine pragmatic price targets. ...
Nvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI...
Nvidia today popped over 25% on blockbuster earnings. We predicted this as far back as February 15, 2023. Congrats if you opened a position or bought Call options! ---- How to understand price action. It is very easy to read price action if you have a reference point. These support/resistance lines are there to help you read where the buyers and sellers are...
Let's take a closer look at Nvidia NASDAQ:NVDA – a stock generating a lot of buzz. On the two-day chart, we observe a potential completion of Waves (3) and (4) between November 2021 and October 2022. As an alternative, we could see Waves (1) and (2), leading to the upcoming Wave (3). The targets are ambitious, and time will reveal the accuracy of these...
After a big rally in price stock i think that the company is overvalued in this moment in my opinion. After so a good start in the stocks the companies starts to sell stocks to mark some big profits. Many companies have declared that they intend to make the stocks more accessible for retail investors. Today i short the stock. First TP 770 Second TP 740 Third TP 700
Strong Revenue Growth: Salesforce’s total revenue for Q2 2024 was $8.603 billion, up from $8.247 billion in Q1 20241. This consistent growth in revenue is a positive sign. Impressive Earnings Per Share (EPS): The basic earnings per share (EPS) for Q2 2024 was $1.4118, up from $0.7562 in Q1 20241. This significant increase in EPS indicates a strong financial...
As we prepare to go into battle in the new trading week, we look down at the calendar and see the highlights being US core PCE and EU inflation, RBNZ meeting, China PMIs, and numerous Fed speakers - we regroup, and consider the propensity for outsized movement, into and around each data release, as we do with our assessment of the trading environment through which...
Analyzing NVIDIA we can see a complex market picture. The large Elliott waves (orange) indicate five primary price movements, with three being impulsive waves upward (1, 3, 5) and two corrective waves (2, 4). The smaller Elliott waves (white) represent sub-waves within the larger upward trend of wave (5). Potential support at a yellow channel, which is aligned...
If you haven`t bought NVDA before the previous earnings: Then analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week, I would consider purchasing the 710usd strike price Calls with an expiration date of 2024-2-23, for a premium of approximately $48.65. If these options prove to be profitable prior to...
Good evening and i hope you are well. Last time i talked about Nvidia was 3 week ago and Nvidia at 661. Time to revisit and adjust again. I said buy, 700 and even 800 were my targets. Market kept at it, 788 now with 823. If you made money, please leave a comment, thumps up or whatnot. I hope you enjoyed it. Outlook Quote from last outlook: "The thing about...
While the main scenario for this stock implies a further advancement in price considering the importance of its product(s) in AI development and deployment, this project attempts to anticipate or "catch", a significant reversal signal, preferably with a candlestick shadow at one of the shapes (similar to the examples highlighted in past price action). 2 other...
NVIDIA NASDAQ:NVDA - Feb. 22nd, 2024 BUY/LONG ZONE (GREEN): $661 - $810 DO NOT TRADE/DNT ZONE (WHITE): $609 - 661 SELL/SHORT ZONE (RED): Not Shown Weekly: Bullish Daily: Bullish 4H: Bullish Not much to say, earnings and momentum speak for themselves, just thought I'd quickly throw up what I have drawn as support areas for bulls and a profit target. The target...