Nvda plan of actionthis looks like a good technical scenario all indicators are good Market is good yes let's do itby RNR80S4
More upside on NVDA“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 the 2025 outlook of the company. It is a fundamentally and technically strong and trending company that should be part of every portfolio. Longby tradingswift2
NVIDIA - Top is inSimple 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.Shortby mi_khanUpdated 434347
NVIDIA Shares - Quarterly Report and Potential Pullback to $400The 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 concluded their growth phase. Among the big six that have been propelling the entire S&P 500 (Microsoft (MSFT), Apple Inc (AAPL), Alphabet (GOOGL), Amazon.com (AMZN), NVIDIA (NVDA), Meta Platforms (META)), only NVIDIA has significantly surpassed its 2021 highs. Indeed, the share dynamics of the graphics equipment manufacturer are responsible for the historical highs being updated by stock indexes. The peak of wave v perfectly aligned with the ascending channels of two fifth waves. This suggests the start of a very deep downward movement. NVIDIA shares could drop to around $400.Shortby ChainKnightsUpdated 223
NVIDIA -looking weak 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 Shortby Vallabh69Updated 443
NVDA Short (2024.02.20) Current price : 727.10NVDA 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. If prices rise sharply after the earnings announcement, we must respond with additional selling. If the stock falls sharply after the earnings announcement, it would be a good idea to respond by closing it. It is worth aiming for a profit of at least 2%Shortby CEOofUnknotUpdated 11117
It's dangerous to bet against the trendI 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 intact and strong. At the current price, the possibilities of it having a pull back and close the gap 2 is higher than gap 1 now. Others rely on candlesticks and think that a bearish pin bar means must sell only to be disappointed with its strong rally as evidenced several times in the chart. Understanding the macroenvironment of the chips industry globally also plays a part in pushing up the prices of these stocks. But at some point, it has to regress to its mean value before deciding the next route. If you own say 5000 shares of this company and bought last year (Oct -Dec), then maybe you want to offload 30-50% and take some profits. However, do bear in mind that the market is irrational and prices can continue to go higher and higher despite its rich and extended valuation. by dchua1969Updated 8
The Nvidia effect; US equity indices break out to new highs 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 extension/projections, psychologically important round numbers, or you hold until price action offers an exit signal, or your trailing stop is triggered. Our client flow is progressively skewed short index positions at current levels (85% of open positions on US30 are held short, 74% short on the NAS100), with many countering for a reversion move, although this is an aggregation of different strategies and timeframes. Nvidia hits the sweet spot Nvidia has dominated the narrative and rightfully so – the flow-on effects into the AI/semi’s scene has been truly emphatic. I won’t go over Nvidia’s numbers at a granular level, but clearly, they hit the absolute sweet spot – beating on Q424 actuals by some margin across the board, but also on their guidance for Q125 numbers. While not meeting some very lofty market expectations was a small risk, there was perhaps a greater fear that the guidance would be too hot, subsequently creating an incredibly high bar to beat in the future. That wasn’t the case, and one could say the outcome was a ‘goldilocks’ scenario. It’s hard to go past the commentary on their outlook and future operating environment, as this has not just lifted Nvidia but the whole scene. Saying that demand will continue to exceed supply all year was a massive bullish trigger. Detailing that supply constraints should improve over the year was also well received, with supply chains asked to increase capacity by 30% for CYQ1. Sales to China have also dropped to mid-single-digit percentages despite such explosive revenue growth, which was a factor and could be a big kicker further into the future. Nvidia shares not only closed +16.5%, far higher than the -/+11% implied in options pricing but adding $276b in market cap was absolutely staggering. The fact price closed right on its session highs must enthuse the bulls and for tape readers, it tells a lot about the mindset of the collective – dips will likely be shallow, and traders will chase the upside. 87.75m shares traded hands – the most since November 2023 - and in the options market, we saw 1.51m calls bought vs the 20-day average of 913k. Valuations are obviously lofty, but they matter little for these high-growth plays, which are essentially out-and-out momentum vehicles. Also, consider that Nvidia holds its highly anticipated GTC conference on 18 March – where they are likely to update the market on new products and innovations – so pullbacks in the stock should be shallow, and we could see buyers push price higher into that event. The spill over into names like Super Micro Computers (+32.9%), AMD (+10.7%), Marvell (+6.6%) and Broadcom (+6.3%) is clear. The Philadelphia Semi ETF (SOX) also gets some focus as price breaks to new ATHs. Offshore we saw plays such as Infineon, ARM Holdings, Tokyo Election, Taiwan Semi and Korean Semi names all working well and finding a solid bid. The biggest one-day move since early February On a broad index basis, the NAS100 saw its biggest one-day move since Feb 2023 (a 3% move was a 3.3 Z-score move). That said, for such a big percentage change in the index volumes were only 7% above the 30-day average, although this was more than offset by good breadth with 82% of stocks higher (72% in the US500). NAS100 implied volatility has fallen a touch with the NAS100 VIX index dropping 1.21 vols to 18.4% with the S&P500 VIX -0.80 vols to 14.5%, with traders rolling out of downside hedges. Hedges cost money when the market is ripping and subtract from performance. So global high-quality growth equity has found its mojo courtesy of just one stock, and what they have said about the outlook, which of course means so much not just for the A.I adopters but the enablers. We can once again talk about concentration risk in equity, but we can use the 2023 case study and see that reduced participation in the rally isn’t the red flag for contrarian positions it perhaps once was. While CFD traders will take timeframes down and trade intraday flows – long and short – the primary big-picture trend remains higher, so for those who hold for longer than a day, we need to assess the big risk that can cause a 5%+ drawdown. What can cause a reversal? That risk is inflation, and a resurgence of concerns that we move into a far higher-for-longer regime, with rate cuts essentially priced out for 2024. It is my view that equity can hold in and even push higher if expected rate cuts are priced out for 2024, as long the cause is solid growth dynamics. But if the primary reasoning for reduced rate cut expectation is inflation, which causes long-end bond yields to rise (both nominal and real), and volatility in interest rates and US Treasury’s lifts then equity risk premium will rise, and the bears will likely get their 5-10% pullback. For now, the Nvidia show is real, and a feel-good factor runs through the whole sector – The NAS100 breaks 18k, the US500 eyes 5100 and the US30 looks up at 40k. Longby Pepperstone117
NVIDIA Announces Financial Results For Fourth Quarter And FiscalRecord 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, 2024, of $22.1 billion, up 22% from the previous quarter and up 265% from a year ago. For the quarter, GAAP earnings per diluted share was $4.93, up 33% from the previous quarter and up 765% from a year ago. Non-GAAP earnings per diluted share was $5.16, up 28% from the previous quarter and up 486% from a year ago. For fiscal 2024, revenue was up 126% to $60.9 billion. GAAP earnings per diluted share was $11.93, up 586% from a year ago. Non-GAAP earnings per diluted share was $12.96, up 288% from a year ago. “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations,” said Jensen Huang, founder and CEO of NVIDIA. “Our Data Center platform is powered by increasingly diverse drivers — demand for data processing, training and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level. “NVIDIA RTX, introduced less than six years ago, is now a massive PC platform for generative AI, enjoyed by 100 million gamers and creators. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward. Come join us at next month’s GTC, where we and our rich ecosystem will reveal the exciting future ahead,” he said. NVIDIA will pay its next quarterly cash dividend of $0.04 per share on March 27, 2024, to all shareholders of record on March 6, 2024.Longby mustaqim.mazuky2
Nvidia's Meteoric Rise: How AI Dominance Propels GrowthUnraveling 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 realm of artificial intelligence (AI) and beyond. Riding the AI Wave The heart of Nvidia's ( NASDAQ:NVDA ) recent triumph lies in its unwavering commitment to pioneering AI-driven solutions. As the demand for AI accelerators skyrockets, Nvidia ( NASDAQ:NVDA ) finds itself at the forefront, supplying the critical technology that powers an array of AI applications, from chatbots to generative AI services. CEO Jensen Huang's proclamation that "accelerated computing and generative AI have hit the tipping point" encapsulates the zeitgeist perfectly. With global demand soaring across industries, Nvidia stands poised to reap the rewards of this burgeoning market. Exceeding Expectations Nvidia's ( NASDAQ:NVDA ) latest financial report sent shockwaves through Wall Street, surpassing even the loftiest of expectations. Bolstered by a staggering revenue forecast of $24 billion, the company continues to outshine its competitors, solidifying its status as the world's most valuable chipmaker. The fourth-quarter results, which sailed past Wall Street estimates, underscored Nvidia's relentless pursuit of excellence. As the company's market capitalization surpasses $1.89 trillion, investors eagerly anticipate further growth fueled by the AI computing boom. Unprecedented Growth Trajectory Nvidia's meteoric rise is a testament to its transformative impact on the tech landscape. From its humble beginnings as a provider of graphics cards for gamers, Nvidia ( NASDAQ:NVDA ) has undergone a remarkable evolution, emerging as a driving force in the AI revolution. The company's data center division, now its primary revenue generator, witnessed a staggering 409% increase in revenue, signaling the seismic shift towards AI-centric computing. With giants like Amazon, Meta Platforms, Microsoft, and Google among its top customers, Nvidia's influence reverberates across the tech ecosystem. Navigating Challenges However, Nvidia's ( NASDAQ:NVDA ) ascent hasn't been without its challenges. Mounting competition and regulatory hurdles pose significant obstacles to sustained growth. The emergence of rivals like AMD, armed with their own AI accelerators, presents a formidable challenge to Nvidia's dominance. Moreover, navigating complex export regulations, particularly concerning sales to China, requires adept maneuvering. Despite these challenges, Nvidia ( NASDAQ:NVDA ) remains undeterred, doubling down on innovation and strategic partnerships to maintain its competitive edge. The Road Ahead As Nvidia ( NASDAQ:NVDA ) embarks on its next chapter of growth, the possibilities seem boundless. With AI poised to revolutionize industries ranging from healthcare to finance, Nvidia's role as a catalyst for innovation has never been more pronounced. With visionary leadership, unwavering dedication to excellence, and a commitment to pushing the boundaries of technology, Nvidia ( NASDAQ:NVDA ) stands on the precipice of a new era of prosperity. As the world embraces the transformative power of AI, Nvidia's ascent seems destined to continue unabated, shaping the future of technology in the process.Longby DEXWireNews3
AI March Madness (NVIDIA, NVDA)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. - WillNixxLongby WillNixTrading1
If this is a false breakout, should end soon. 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. Shortby holeyprofit2211
NVDA bull put spread over earningsTaking 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. Longby ReallifetradingUpdated 551
Nvidia all the wayBelieve me or not but Nvidia still has a long way to go Longby aryan_chandel_brine220
$NVDA EarningsWith 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 will be known or "great depression 2.0" the rugpull is near 2008 all over again. Shortby calmstradesUpdated 554
745 was a point of resistance, wonder if it will fall back to thNASDAQ:NVDA - 745 was last point of resistance before earningsby emilio_sforza0
NDVA 775 plus or minus 3 has been hit 5th of 5 ?The chart posted is that of NVDA . I now feel the RISK is at a 10 out of 10 .based on wave structure and the relationships within the waves . last week I talked about 2.618 on a log scale as being an issue and we saw the reaction at that point 733 we then declined in an ABC and wave 2 and 4 were equal . I then labeled the decline as wave4 waves 1 and 5 would be equal at 775 plus or minus 3 so now I can count a 5 wave structure and on NEWS we are also just outside the daily BB bands and at a trendline . Can we extend yes will we ? . I trade only based on MATH and EW . I will now EXIT ALL LONGS IN QQQ this morning and SMH GOOG AAPL and move to a 105% in CASH .BEST of Trades WAVETIMER .by wavetimer2
NVIDIA @ $762?The problem is that we are in a recession time, and the global financial system has crashed by the US Dollar. -- But despite that, the Dow Jones is going up in value one of the companies that is following the Dow Jones is Nvidia. -- Yesterday Nvidia posted positive Revenue earnings and this has led to a significant Gap up!! -- We are in the A.I. bubble. Welcome to the bubble economy my friend. But you can use this to your advantage using the Rocket Booster strategy -- If you dont understand a strategy to use then you wont be able to take advantage of the current bubble economy that is happening -- You need to learn the rocket booster strategy. Rocket boost this content to learn more. -- Disclaimer: This is not financial advice do your own research before you buy or sell anything.YOu will lose money trading take this as a warning!Longby lubosi1
Whats Happening With #NVIDIA @ $762?The problem is that we are in a recession time, and the global financial system has crashed by the US Dollar. -- But despite that, the Dow Jones is going up in value one of the companies that is following the Dow Jones is Nvidia. -- Yesterday Nvidia posted positive Revenue earnings and this has led to a significant Gap up!! -- We are in the A.I. bubble. Welcome to the bubble economy my friend. But you can use this to your advantage using the Rocket Booster strategy -- If you dont understand a strategy to use then you wont be able to take advantage of the current bubble economy that is happening -- You need to learn the rocket booster strategy. Rocket boost this content to learn more. -- Disclaimer: This is not financial advice do your own research before you buy or sell anything.YOu will lose money trading take this as a warning!Long14:52by lubosi1
just a reflection NVDAI am not an expert in stocks, but I will try to explain my idea: if the highs are updated under the publication of NVDA reports, how can it not be considered a potential trap for bulls ?Shortby unemployeddd110
♨ Nvidia stocks are heading Up to recover, after September meltNvidia stocks moved higher in early Monday trading after analysts at Goldman Sachs NYSE:GS added the chipmaker, along with three other stocks, to its flagship list of stock recommendations. Goldman Sachs analysts added Nvidia to the bank's "Americas Conviction List", a step up from the 'buy' rating it assigned to the stock in late August, while holding its price target in place at $605 per share. "Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," Goldman argued. The bank also added cybersecurity group Okta NASDAQ:OKTA , industrial supply group Cintas NASDAQ:CTAS and biotech Quanterix NASDAQ:QTRX to the "conviction buy" list while removing Salesforce NYSE:CRM and Johnson Controls NYSE:JCI . Nvidia, the world's biggest AI chipmaker, forecast current quarter revenues of around $16 billion in August when it published stronger-than-expected second quarter earnings and later unveiled an make it easier for clients to run AI applications on Google Cloud NASDAQ:GOOGL using Nvidia-made chips with deeper integration between hardware and software offerings. "We’re at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," said CEO Jensen Huang of the Google agreement. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs." Nvidia shares were marked 3% higher in early Monday trading to change hands at $ 448 /share. The stock is up more than 200% for this year, and reached an all-time high of $487.84 on Aug 29, 2023. Technical picture says, Nvidia NASDAQ:NVDA stocks are still on its positive path, and trading above 6- and 12-months simple moving averages. Moreover the key breakout of technical indicator known as "a Triangle" is happening right here as stocks are recovering form the bearish hug. Longby PandorraUpdated 226
NVDA Critical support area is $409. Several bearish technical signals are forming: 1. a potential head and shoulders pattern 2. a potential island top, a broadening wedge breakdown 3. bearish divergences in RSI and MACD. 4. All Gaps must be filled. 5. Need some more selling today to confirm the breakdown trend as heavy volume but Candle stick showing indecisiveness. Here are the potential bearish targets: $410 $316Shortby wiseinvertor1288Updated 3