Nvida Back on Track to Reach 1,157My 03/12/24 post illustrated that NVDA could reach 1157. Subsequently NVDA broke important support noted in 04/19/24 post. The NVDA 05/22/24 earnings report has put the stock back on track to hit what could be major resistance near 1,157. by markrivest8
NVIDIA Technical AnalysisBased on Fibonacci levels, I would not buy NVIDIA at the current price. I believe those who purchased NVIDIA at much lower levels will start to sell around these points, as it appears overvalued with a PE ratio of 88, which is quite high. By only using Fibonacci levels and ignoring the hype of AI, earnings, and news, I could be wrong, but I think the price will decline in the coming months, and we are currently at a top. Please note, I am not a professional trader, I am just learning.Shortby MUSKCHART2
NVDA: Rising Wedge Pattern/ Date: 26.05.24Key Points: 1. A raising wedge pattern is used to identify possible trend reversals. 2. It is considered a bearish pattern. 3. It signals that the buying momentum is slowing down. 4. 1070 - may act as a resistance. 5. 964 - may act as a support Notice : looking for a job ------------------------ Is Your company hiring an assistant day & swing Trader/ assistant technical analyst/ assistant equity analyst? I am a day & swing trader, freelancer technical analyst & equity analyst. Now, I am looking for a job . Skills: Chart analysis, Trend identification, Price pattern recognition, important support and resistance levels identification, Set up trade idea ( long /short), Set up entry and target price. Valuation, making analysis report etc... Experience: 5 years.by ustrader263
NVIDIA IS UNBEATABLEEveryone calls for its inevitable downfall but they keep going stronger and stronger. For me, its way too dangerous skys are too high and buying for me here would be an act of fomo. but anyone who invested 200-300-400-500-600 i hope you enjoy the ride because there are no signs of running down. unlike gamestops nvidia has a really strong foundation to base its money on, so i wouldnt expect a sharp downfall. please be advised and look for any dips below 200 EMA at 4 hourly charts and daily charts if theres no sign of any, just enjoy the ride: YOU WONLongby Captainobvious5454110
NVDA-SELL strategy Daily chartI can fully understand the biz doing very well in the AI space. It is clearly a trend setter, and it has benefited from the market conditions it is in. However, we have moved upwards sharply and I feel may see some corrections in the near term. Strategy SELL @ 1,0850-1,115 and take profit near $ 890 for now. SL according to your entry and risk appetite. Shortby peterbokma2
A Golden Age for Splits? Nvidia's MoveNvidia's recent announcement of a 10-for-1 stock split sent ripples through the tech industry. Investors cheered the move, with the stock price surging 9% to a record high. But beyond the immediate impact on Nvidia, Bank of America (BofA) suggests this could be the first domino in a wave of tech stock splits. This article explores the implications of Nvidia's split, the factors driving potential future splits, and the historical trends associated with this strategy. Nvidia's Split: A Catalyst for Change? Nvidia's stock price, hovering around $1,000 before the announcement, undoubtedly played a significant role in the decision. With a lower share price after the split, the stock becomes more accessible to individual investors, potentially broadening its investor base. This aligns with BofA's observation that Nvidia is already a favorite among retail investors, according to a May 22 Vanda Research report. BofA analysts see the split as a positive sign, highlighting a trend of "shareholder-friendly policies" within large-cap tech companies. They also point to historical data suggesting that companies undergoing splits tend to experience strong returns in the following year. A Landscape Ripe for Splits? BofA's note identifies 36 companies within the S&P 500 with share prices exceeding $500, potentially making them candidates for future splits. This includes tech giants like Microsoft and Meta Platforms, whose stock prices are approaching that threshold. There are several factors making the current tech landscape ripe for stock splits: • Soaring Stock Prices: Fueled by technological advancements and strong demand, many tech stocks have experienced phenomenal growth in recent years. This has pushed share prices to record highs, potentially creating a psychological barrier for some retail investors. • Accessibility and Liquidity: A lower share price can make a stock more attractive to individual investors, increasing overall trading volume and liquidity. This broader investor base can potentially lead to a more stable stock price. • Psychological Impact: A lower share price can make the stock appear more affordable, even if the underlying value of the company remains unchanged. This can trigger increased buying interest, particularly among retail investors. Beyond Price: The Strategic Considerations While share price is a key factor, companies considering a split should also weigh other strategic considerations: • Signaling Confidence: A stock split can be seen as a sign of management's confidence in the company's future growth potential. This positive signal can improve investor sentiment and potentially attract new investment. • Maintaining Momentum: A well-timed split can capitalize on a company's positive momentum, further propelling its stock price upwards. However, a poorly timed split during a market downturn might not yield the desired results. • Cost and Complexity: Implementing a stock split involves administrative costs and logistical complexities that companies need to consider. Historical Trends and Potential Outcomes BofA cites historical data showing that stock splits have generally been followed by positive returns. They argue that splits don't dilute the company's value, but rather make it more accessible to a broader investor base. This can lead to increased trading activity and potentially higher valuations. However, it's important to note that correlation doesn't imply causation. While past trends suggest positive outcomes, future performance remains subject to market conditions and individual company fundamentals. The Road Ahead: A Spliting Tech Future? Nvidia's stock split has reignited the conversation around this strategy within the tech industry. With numerous companies sporting high share prices, BofA's prediction of a potential wave of splits holds merit. This trend, if it materializes, could have several implications: • Increased Retail Investor Participation: Lower share prices could attract more retail investors to the tech sector, potentially boosting overall market activity. • Enhanced Liquidity: Broader investor participation can lead to higher trading volumes and improved liquidity for these tech stocks. • Short-Term Volatility: The implementation of splits could lead to short-term market volatility as investors adjust their positions. Conclusion Nvidia's stock split may be a harbinger of a larger trend within the tech sector. Companies with high share prices might consider following suit to broaden their investor base and potentially enhance long-term value. However, the decision to split should be a strategic one, carefully evaluating both the potential benefits and the associated costs and complexities. As the market watches Nvidia's post-split performance, it will be interesting to see if this move ushers in a new era of tech stock splits and how it shapes the investment landscape in the coming years. Longby bryandowningqln1121
⭐NVIDIA - 'Best Buy of the Decade?' (2 years later...) 👈🙄Best feature of Tradingview? That everything stays, nothing can be amended or edited or deleted. ⏰ Jul 15, 2021: ⭐NVIDIA - Best Buy of the Decade? ⭐⭐⭐⭐ : Some of the comments back then were: ❤️🩹Short it or you will regret it ❤️🩹It was a great buy few years ago. Key word, WAS. ❤️🩹holy f, have you done some valuation analysis? god tier company, the future of mankind. but stock=/=company, insanely overpriced 2 Years later everyone talks about NVIDIA as AI brings near a trillion-dollar valuation. No further comment other than that i see Major resistance at 449-470$ One Love, the FXPROFESSOR ⭐🙄 Longby FX_ProfessorUpdated 1115
NVDA - making all time high daily till split day on 10 Jun 2024?NVDA - making all time high daily till split day on 10 Jun 2024? by tzemengter1
NVDA waves from its first day.Hello The main difference between Elliott and the other techniques is to draw a complete map from the start through the future of the market and none of other methods can do that. If this counting is correct or not wont change this rule and whenever our markings is incorrect we just need to repaint instead of changing our methods. For now this what I have labelled for NVDA and it might change in the next week. Red cycle counting is an alternative and red level is its invalidation area. Just Keep your Balance safeLongby AMA_FXUpdated 10
Nvidia $NVDA levelsCurrently up against resistance. Split could push to next level overheadby Meechum_stocktwits1
Triple top.. bye bye NvidiaPrice cannot get past 960-970$ zone These failures create a triple top formation that is a very bearish pattern I expect a sharp downtrend move in the next weeksShortby balinorUpdated 989891
Wide WindowToday we opened with a wide open window. The spike following is large and in view of the overall dwindling market sentiment I fear that this has exhausted the steam in the pipe for a while. That's why I prefer at least the attempt to close the window before the market will comeback to normal and make a decision.Shortby motleifaulUpdated 1
1070, and then might see downturn.I don't think NVDA would face any resistance until 1070. But still, not too much upside with a decent amount of risk. Closely watching, but if shorting QQQ would be a better symbol as NVDA is def too strong.Shortby hweikang1
$NVDA #Nvidia Gain on positive news: #Nvidia reported a 262% increase in revenue and a 462% increase in profits YOY ALSO: NVDA announced a 10-for-1 stock split Nvidia’s post-split shares will begin trading at the market open on June 10 Nvidia shares rose as much as 4% in after-hours trading following the report For the Analysis. This was made 2 days prior as a contribution. #Nvda Jumped straight to R2 news released after the bell closed on Wednesday. (POST WAS REMOVED EARLIER DUE TO RESTRICTED CONTENT). Will update this post with a new analysis. Stay tuned, Stay sharp;) Longby BaseLineTraders1
NVIDIA LAUNCH TO THE MOONthis is just a wow factor. bullish signals, competency on fleek in the market, global liquidity injections. Nvidia is flying. who ever caught this back in 2022 well done Longby lunster0
pure technicalsearnings aside NVDIA chart is looking bearish, it has closed out the ascending triangle like never before, probabaly a little sell and the earnings wont come as good as expected but not horrible, ive been doing this for 4 years news just an excuse 8/10 times to do what the chart says. lets see! im just using this to see if i should enter crypot ai coinsShortby DoubleDollars007Updated 222
NVIDIA NVDA - Breaking Upward towards $1000?NVIDIA NVDA continues to swing upwards. We are keeping an eye on the $1000 level. Is this a good time for a call Option entry? Longby PortfolioBuildersClubUpdated 0
While FED depends on Data NVDA stocks clearly predict Zero RatesNvidia reported another blowout earnings report in its first-quarter results, and its stock is soaring to record highs above $1,000 per share on Thursday. The company reported revenue and profit that surpassed analyst estimates and offered second-quarter revenue guidance that was well ahead of Wall Street's expectations. On top of that, the company announced a 10-for-1 stock split and increased its quarterly dividend by 150% to $0.10 per share. Wall Street analysts were impressed by the results, with a slew of price target increases hitting the tape this Thursday morning. Goldman Sachs (GS): "New products to drive sustained growth in Data Center" ⚡ Analysts at Goldman Sachs pointed out that the company delivered accelerated year-over-year revenue growth, with its Data Center business growing revenue at 427%. JP Morgan (JPM): "Demand continues to outstrip supply into CY25". ⚡ Analysts at JPMorgan said they were impressed that Nvidia is seeing more and more industries participate in the demand for its H100 AI chips. Bank of America (BA): "Now see $50+ EPS power in two years". ⚡ Analysts at Bank of America said Nvidia's first-quarter earnings report suggests a smooth transition to the company's next-generation Blackwell chips, and that's going to lead to massive revenue gains. Wedbush: "AI revolution just getting started" ⚡ Analysts at Wedbush said the "AI gold rush" is just getting started as a "tidal wave" of spending on AI chips hits the entire tech sector. Nonetheless, this story is a little bit another, rather than Goldilocks tales. With more than 25 years of NVDIA shares trading, and an amazing 237000 % profit since NVDA IPO inception in January, 1999, in nowadays it costs approximately as low as 0.20x to S&P500 stock index (SPX equal appr. to 5 (five) NVDA shares in this time). The main technical graph is a differentials exposure between 5 NVDA shares and SP500 index. Well.. there're you see 3 clear cases of NVDA shares advantage over the past 25 years: • Early 2000's when US Interest Rates turned Zero. • 2007-09 when US Interest Rates again turned Zero. • Early 2020's when US Interest Rates once again turned Zero. While FED officials depends on Data, maybe (just maybe) NVDA stocks indeed clearly predict deflationary winds and US Interest Rates at Zero again. Thanks for happy reading. 😎 Cheers, Pandorra by Pandorra2
Vibranium Capital raises NVDA PT from 700 to 1150+🎯 boost and follow for more! ❤️🔥January 18th I released a bullish update with 600-700 dollar price targets, since then we have smashed those targets.. Also we had a recent earnings report. So time for some updates? Well it looks like this "AI hype/AI bubble" isn't slowing down, the earnings on NVDA were extremely good. So I have raised my Price target from 700 to 1150+, I can see it hitting this in the next year! in case you didn't keep up with the earnings report, here is a summary 👉 -Nvidia will spend $9.2 billion to buyback its own stock. Talk about putting money where your mouth is! -*NVIDIA 4Q REVENUE $22.1 B, EST. $20.6B ( BEAT ✅ ) *NVIDIA 4Q ADJ EPS $5.16, EST. $4.63 ( BEAT 📷 ) -multiple PT upgrades from - BofA Global Research - Morgan Stanley - Vibranium Capital - Wolfe Research - many more Longby Vibranium_CapitalUpdated 131342
NVDA - Nice move up and EVERYONE is bullish but.....Arriving at resistant zone here. Would you consider locking in your profit around here.? Shortby Successful_Inv_Strategies2
NVDAWeekly chart here with log Scale... . Upper boundary has been respected for years 7years here and so has Weekly 200sma (Purple line)... last test of upper boundary was March .. The resistance is slanted upwards so Technically NVDA can make another high without breaking.. Lets see NVDA did rally after earnings, the upoer boundary or trendline would now be 1080-1100 which would represent another 12-15% move up .. Here you can see that when NVDA is over 150% extended from its weekly 200sma a crash occurs.. And when i say crash i mean 35-50% dump .. If NVDA was to pop to 1100 that would put it at 275% extended from 200sma and also near resistance. I think i nvda will pull back to weekly 200sma or 410.00 by fall of 2025 and that if this pops it will be the last high for some time.. Shortby ContraryTraderUpdated 363688
Nvidia Shares Soar 8.43% After Stellar EarningsChip stocks soared in out-of-hours trading on Wednesday and Thursday after chipmaker Nvidia ( NASDAQ:NVDA ) smashed Wall Street's expectations with its latest earnings report, continuing a period of extraordinary growth as booming interest in artificial intelligence propels the tech sector to new heights. Shares for Nvidia ( NASDAQ:NVDA ) climbed nearly 8% during after-hours trading on Wednesday, peaking above $1,000 per share for the first time. While these gains have pared a little in the hours since Nvidia’s earnings report, shares for the California-based company were still up by more than 6% at the time of writing on Thursday morning. Nvidia ( NASDAQ:NVDA ) shares are currently trading at around $1,030, putting the chipmaker on track to surpass the $1,000 milestone and hit an all-time high when markets open on Thursday. Other chipmakers benefiting from intense interest in artificial intelligence include shares for Taiwan Semiconductor Manufacturing Company, Arm Holdings, Dell Technologies, and Super Micro Computer Inc., which were all up between 3% and 6% during pre-market trading. Nvidia ( NASDAQ:NVDA ) released its hotly anticipated earnings report for the first quarter of 2024 on Wednesday afternoon, which smashed Wall Street’s expectations and marked the company’s most profitable quarter ever. Respectively, profits and sales were up 628% and 268% compared to the same time period last year, Nvidia ( NASDAQ:NVDA ) said, reporting $6.12 earnings per share and $26 billion in sales for the three-month period ending April 30. The release of OpenAI’s generative AI chatbot ChatGPT in 2022 ignited a global race among tech companies to build and deploy ever more advanced AI systems. The race has spurred stellar demand for the kinds of advanced computer chips required to maintain, run, and develop these AI systems, and Nvidia, formerly known for its gaming hardware, is one of the world’s leading beneficiaries for this demand and has become a bellwether for interest in the sector. Nvidia's profit soars, underscoring its dominance in chips for artificial intelligence. Its net income rose more than sevenfold compared to a year earlier, jumping to $14.88 billion in its first quarter that ended April 28 from $2.04 billion a year earlier. Revenue more than tripled, rising to $26.04 billion from $7.19 billion in the previous year. Technical Outlook Nvidia's (NVDA) stock is up 8.97% in Thursday's market trading riding high with a Relative Strength Index (RSI) of 71.60 placing NASDAQ:NVDA in an overbought territory, hence a trend reversal is along the horizon in the long term.Longby DEXWireNews3
#NVDA(#NVDA) - we held above $776 retest its now going for the next target which is $1007Longby directoptionalertsUpdated 660