I review NVDA on larger time frames. There is a tremendous fight between the bulls and bears at a 23.6% retracement on the Daily time frame, with momentum heavily for the south. NVDA has suffered the worst fall in its history. It is still a bear market at least on the Daily and Weekly time frames.
In my previous screencast of 17th November, below all this text, is the story of someone (not from Tradingview) messaging me to ask if NVDA was good to buy. They were disappointed when I simply said "No". In the current screencast I follow up on how the FOMO bulls were punished for attempting to hunt a gap too early. This screencast is not advice. I am not...
In the screencast, I give a little story first about someone (not from Tradingview) who enquired about buying into NVDA. My simple "No" wasn't received with much enthusiasm. What happened in ULTA is a lesson for people interested in NVDA.
NVIDIA Iis at an interesting position. The gurus of fundamental analysis are saying it's ready for a pump north. I'm not so sure. A few years ago there was a major crisis and loads of stocks plummeted despite great earnings. I remember well as I was long on Disney, which had brilliant prospects, then had a great earnings surprise, yet the market fell like a...
Hi Guys, NVIDIA has seen a huge rally in the past few weeks and I think there is more gas in the tank to grow even further! Nvidia just reported they made $289 million in graphic card sales to crypto mining, which is great news for not just NVIDIA but for the crypto world as a whole. This clearly shows there is clear support, belief and demand for graphic cards...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...