NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower. Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive...
Tech entrepreneur Elon Musk took to social media platform X to celebrate a significant development in the world of artificial intelligence (AI). In a post, Musk lauded Nvidia for their contribution to the launch of training for xAI's Memphis Supercluster. This massive computing facility, equipped with a staggering 100,000 of Nvidia's H100 GPUs, marks a significant...
NASDAQ:NVDA ’s stock has been on a meteoric rise, fueled by the growing demand for AI technology and high-performance computing solutions. However, recent market behavior and technical analysis suggest that a significant pullback may be imminent. The company’s recent 10-for-1 stock split has made shares more accessible to retail investors, but it has also...
NASDAQ:NVDA is clearly overextended but still not bearish at all on the smaller timeframes. If you watched my previous analysis on Nvidia, you know that I have been bearish for quite some time and totally wrong so far. But there was never ever any single sign of weakness so I did not take any trade betting on price to go down. Nvidia is still retesting...
Even though it is possible for price to go beyond the 3rd STD, It usually doesn't remain there for long before it has to cycle back to test lower levels. However, hype stocks can lead people to keep buying in fear of missing out. We all know that is a rookie mistake. That's why, even though NVIDIA is an awesome company, I would instead prefer to buy at a discount....
Overview It's a good mindset to be skeptical about a bull market that doesn't seem like it should exist. The GDP (Gross Domestic Product) has declined for a second consecutive quarter to a 24 month low and the Civilian Unemployment Rate is the highest it's been since Nov 2021. This leads me to believe that the current rally is being mostly fueled by two factors...
NASDAQ:NVDA is clearly overextended after the +1.000% rally and ready for a correction. Trees simply do not grow to the sky. And neither do stocks, especially Nvidia. I know that a lot of people are calling price targets of $250 and beyond, but we still have to respect gravity and the nature of fear and greed. Nvidia is simply overextended a retesting a 6 year...
Nvidia has bounced back today after its recent 16% drop from a record high reached just last Thursday. For the first time in three days, it has broken above a prior day’s high. After finding good support from its 21-day exponential moving average around $120, and key support slightly lower at $118, today sees NVDA rise above Monday’s high of $124.45 to trade...
Hi Traders, I think its due for a major ABC corrective wave. The reaction sort of confirms it. 10% pullback . I'm expecting it to find support at the 0.618 and maybe look for an AB= CD correction All the best. S.SAri
NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%. Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance...
It’s a profit taking zone for me ! NVIDIA from 150 to 30 something bad needs to happen with the market For the moment everyone is bullish on NVIDIA but take this channel in to consideration
There's only one more meme rally left before CBDC's. I expect Nvidia to meet guidance for earnings, will spike up and then crater. There's some cheap puts for .20 for 500 strike price for July. Will probably be 450 after it's all said and done when it bottoms out. Which is a 2,250x return if the stock did crater! Couldn't rule out a flash crash. I think if we...
Soaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the...
Our strategy is to wait for the large green dot to enter a long position. One June 11 2024 14:45, we got our large green dot buy alert. We never trade with emotion. By eliminating emotion, we can trade successfully and make huge profits that will pay for the software 10 times over. As of today we are still in Nvidia long position
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The Nvidia share price has never risen so steeply. Each rise lasted about 30 months and was followed by an average correction of 50%. I think we are getting close to the next correction. It will be an excellent buying opportunity. But until then we can even see $160 because of the FOMO and the new investors who came after stock split.
🔔Today, I want to analyze NVIDIA stock for you because I think it still has the potential to increase in price, and also, in NVIDIA 's previous rally, AI tokens had a good rise. 💡The main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips . The market value of this company crossed the one trillion...
Nvidia Scores a Knockout: Chipmaker Topples Apple to Reach $3 Trillion Throne In a stunning shift of the tech world's power dynamics, Nvidia Corporation (NVDA) has dethroned Apple (AAPL) as the world's most valuable company by market capitalization. Surpassing the $3 trillion mark for the first time ever, Nvidia's meteoric rise signifies the transformative power...