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...
scamz finished. we loaded uh massive weekly 820-835 PUT position posted this morning. rolling them into 800 PUTS 4 next week. back to 750 in no time. thu valuation iz reedickulous for this nonsense. also, RSI 87 on thu weekly lol. unsustainable
strong hands hold> more upside coming for nvidia they have 95 % ai market in there hands new launce for ai chips in q2 coming ai hype every one wants the nvidia chips.
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...
Weekly 9 coming on a 2 week time span. It has been a good indicator for pullbacks / consolidation. NVDA could see some chop as it did in the last 9 or more off a pullback to the uptrend. Just something to keep in mind.
After finding this channel to my liking, I also noticed that today it closed at exactly the price needed to complete a measured move.
Two range expansions will put it at $822
I have no clue what it will do, just observations. I don't trade NVDA.
I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must...
We can spot a perfect bullish impulse starting the month of October 2022.
NVIDIA Corporation's valuation grew by an astonishing 590%.
After the fifth wave we get a correction.
We have a rounded top and a very strong bearish divergence with the RSI.
Today's session is full red pushing price action below EMA10.
As the action moves below EMA10 the bias turns from...
“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,...
