“Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations.” says Jensen Huang - CEO of NVIDIA.
The company has reported record 126% growth YoY.
Nvidia stands as the fourth largest company in terms of market capitalisation.
The company revenue is expected to grow as highlighted in...
Simple EW/Fibonacci analysis shows that a possible top for NVIDIA could be in.
OR this could be my imagination and we go to the magic 1000 number.
Trading is risky, and this is no financial advice :)
Also look at my other posts which delves into the general concept that the entire market has topped.
The drop in Palo Alto Networks Inc (PANW) shares by 21.09% from February 20 to February 21, 2024, following the company's reduction of its annual forecast, could mark the end of the growth phase for the technology sector.
NASDAQ:NVDA NASDAQ:PANW #NVDA #Nvidia #Stock #StockMarket #Shares
Both stocks have met all their targets and are likely to have...
After a good rally the stock is looking weak on weekly timeframe
The key supports are mentioned in chart
A daily candle closing below 666 would be strong confirmation for downtrend
NVDA Short (2024.02.20) Current price : 727.10
It shows that technical indicators are very overheated
Although there has been some adjustment, it is very likely that it will go down further.
Since there will be an earnings announcement soon, we need to be cautious of volatility and respond accordingly. But the overall direction is more likely to be down than up....
I have some followers who made quite a loss shorting this stock. They believed it has gone overboard with its buy and decided to short against it. Some did the intrinsic value calculations and felt it is also way over valued by a double digit percentage and short it. Both groups suffered losses !
Drawing a simple trend line tells you the bullish trend is still...
The Nvidia effect has ripped through global equity markets and given fresh wind to markets that were looking ominously poised for a 3-5% drawdown. New highs have been seen in EU Stoxx, GER40, JPN225, and the US large-cap equity bourses; the US30, US500 and NAS100.
What levels do the bulls target now?
Well either, you’re looking at fibo...
Record quarterly revenue of $22.1 billion, up 22% from Q3, up 265% from year ago
Record quarterly Data Center revenue of $18.4 billion, up 27% from Q3, up 409% from year ago
Record full-year revenue of $60.9 billion, up 126%
SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 28,...
Unraveling the Success Story of Nvidia Amidst AI Renaissance
Nvidia ( NASDAQ:NVDA ), the trailblazing chipmaker, has once again set the tech world ablaze with its staggering performance and bullish projections. With an unprecedented surge in stock value, Nvidia ( NASDAQ:NVDA ) has firmly established itself as the pinnacle of innovation and market dominance in the...
NVDA Mar28 675/630 Bull Put
Love this trade here.
Profit on the increased options premiums.
Breakeven 670.58
MAX Loss 4037
MAX Return 465
If you have questions on how this type of trade works, post a comment.
- WillNixx
NVDA gaps up somewhere close to 15% on positive earnings.
This takes us to the max expected spike out tolerance of the 2.61 fib.
I love to short things when they are spiking out big levels. Love to short things when they are hyper up over a short period of time and I love to short things at new highs on positive news.
So, here I go.
Taking advantage of volatility.
Buy low, sell high.
I think NVDA either gaps up small, or opens flat.
And we are able to capture the volatility suck. EVEN if NVDA does gap down, trend is SOOO STRONG, people will buy it up eventually.
🔴 Resistance - 759 🔴
🚀 Target - 787 - 808 🚀
🟢 Support - 739 🟢
🚀 Target - 718 - 704 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
With NASDAQ:NVDA earnings coming up i thought it was time i'd update some stuff for you guys to see. we got some room for pullback but still have some room for it push above another bit.
I'm expecting stuff to be pumped up until earnings time with cpi data after we get to NASDAQ:NVDA earnings it will pop the bubble that will start "the great reset" as what it...
