NVDA Share Price Soars 11% after Report
The signs of concern we wrote about yesterday have largely subsided. After three days of declines, the price of E-mini Nasdaq 100 futures bounced off the lower boundary of the channel (see yesterday's chart) and rose, led by NVDA stock.
Nvidia's quarterly report exceeded expectations:
→ earnings per share: actual = USD...
Here on a daily chart I have the ratio of shares of NVDA to AMD and so the market caps
proportions. From September 2022 and for a year NVDA rose more than AMD and so the ratio
rose. From September 2023 to January 2024, NVDA fell as compared with AMD perhaps because
AMD's rate of rise on a percentage basis exceeded that of NVDA. Since the first of the...
Previous IDEAS are on the run, if you're trading OPTIONS, I bet Puts here to 606$, then Rebuy back at that level, For the highest assumptions of this stock might goes brrrr to 1000$,
This is the best stocks on all if this happens.
Follow for more, 1100$ testing the 7*3 numerology, were almost done the 6*3.
Keep updated if you like this stocks.
Natural gas has made an epic 2 day rally off the 52 week lows.
Looks like the Covid support zone is holding & we can move higher off of tight consolidation.
Uranium is into some minor daily chart support, a bounce is likely off the EMA 113.
Nvidia reported earnings and had a double beat. This stock was up over 10% in the after-hours. Completely saving and...
Short Term Elliott Wave View in Nvidia (NVDA) suggests that the rally from 12.4.2023 low is in progress as a 5 waves impulse. Up from 12.4.2023 low, wave (1) ended at 504.33 and pullback in wave (2) ended at 473.20. The stock rallied higher in wave (3) which ended at 746.11. Wave (4) pullback ended at 465 with internal subdivision as a flat Elliott Wave...
When an "Evening Star" candlestick pattern appears on a stock chart, it suggests that an uptrend is ending and a downtrend is beginning. The Evening Star pattern consists of three candlesticks: a large bullish candle (Day 1), a small-bodied candle (Day 2), and a large bearish candle (Day 3).
The appearance of the Evening Star pattern is considered a bearish...
If you have taken advantage of the 20% drawdown in Aug-Sep, then a 16% rally this month, then congrats to you. Right now, the final leg of correction is in progress before the next bull run starts. Today we might have seen the sharp a wave of Y. Things might slide a bit more, but a bounce should be incoming. After the bounce we should see the final leg down, when...
The market is eagerly awaiting the latest quarterly results from NVIDIA. The share has exploded in recent months and many investors believe that a significant correction is overdue. Other traders have entered the market late and are speculating that NVIDIA will continue to rise. Despite the sharp rise in the share price, there are good reasons for further growth:...
Nvidia ( NASDAQ:NVDA ) has long been hailed as a prime beneficiary of the AI boom, with analysts projecting staggering revenue growth in the fiscal fourth quarter. However, with the stock trading at a hefty valuation and investors expecting nothing short of a blowout earnings report, there's little room for error. Any hint of disappointment could send shockwaves...
There is a Potential Bullish Gartley at Support on NVDA leading to the earnings report. I'm not sure if it will hold but I have gotten some calls on it just in case and want to archive this harmonic setup.
Nvidia set to report fourth-quarter earnings after the bell
NASDAQ:NVDA
is scheduled to announce fiscal fourth-quarter earnings after the bell Wednesday in a highly anticipated report that will give Wall Street a sense of how long the AI boom can last.
Here’s what Wall Street is expecting according to LSEG, formerly Refintiv, consensus estimates:
-Earnings...
Feeling the Burn: Understanding Maximum Pain in Option Trading
Imagine a land where options contracts expire worthless, dreams turn to dust, and the collective financial pain reaches its peak. This, my friends, is the realm of Maximum Pain (Max Pain) in option trading. But fear not, for knowledge is power, and understanding Max Pain can help you navigate this...
Is printing an Evening Star candle formation on the week chart, so its potentially ripe for some bearish action post earnings and we may even see a significant pull back.
Could be some wild whipsaw, but this looks odds on to go lower.
Not advice.
In the current overheated market, the Semis have been the main catalysts driven by AI euphoria. Autonomous vehicles are one of the main catalysts for AI and with TESLA's cost reduction and the decrease in demand from China, this catalyst will lose its momentum in the next few months but will recover later part of the year.
NVDA will correct after earnings today...
NVIDIA is still in an upward trend even though current price drop. Price > SMA50 > SMA100 > SMA200.
Has by classical technical analysis been overbought on RSI(14), but is not now.
The volume balance weakly positive from the end of November 2023.
Price momentum indicators stand on the buy. Refers to Trading View.
The majority of fundamental analysts recommend...
Haven't done an update on Nvidia in ages!
The last one I did was for the members in May 2023.
So yes, the price broke up and out of the pattern - hit the target level at $562.
Now what?
I hate predicting Reversals when the market is trending up as there are elements of ego that play around.
So if it goes up, go for it!
But there are certain potential...
