Pretty self explanatory. Not usually a fan of inverse H&S any more but this one has all the classic hallmarks without the questionable slanty neckline or asymmetrical shoulders. NVDA stock looks ready to rock following recent U.S legislation limiting what semiconductors can be exported to China + Nvidia chips expected to be a major component in the growing AI...
AMD looks like it still has a lot more steam left. More so than NVIDIA. If I was holding NVIDIA I would sell and put it into AMD probably now. I see a move up into the $600 range, hard telling what a top would be but that rising channel resistance will probably hold. Once rejected off that resistance itll be a slow and steady decline back down to double...
NVIDIA and the whole stock market is topping out. I see a crash coming perhaps within the next month or two. NVIDIA has weekly bearish divergence on the RSI so a drop is imminent and a possible multi year downtrend as the chart shows. The valuation is over 2 trillion, thats a little ridiculous as are most valuations on these companies. This blowoff in the stock...
NVDA and MSFT stood out as my top picks for 2023! On the chart, you'll find some of my past buy recommendations, such as this one before the earnings: In my view, the current retracement presents a favorable 'buy the dip' opportunity. Utilizing the Fibonacci retracement tool, I've identified a buy zone between the 0.618 level and 0.5, ranging from $785 to...
In a stunning reversal, Nvidia Corp.,( NASDAQ:NVDA ) the behemoth in the semiconductor industry, witnessed its most significant one-day drop in nine months, sending shockwaves through the market and prompting questions about the sustainability of its blistering rally. Traders scrambled to lock in profits following an astonishing surge that saw Nvidia's (...
NVIDIA shares have been accumulating for a long time. The last few days we have been watching the price trying to get out of the zone. There are no significant resistances from above, which means there will be no potential sellers up to the $1500 levels. Tensions are growing in the Pacific Ocean, where the production of the "hearts" of all world technology is...
$nvda is a buy between 125/155 stock should go higher once consolidation is done
You can't turn on the TV without hearing about Nvidia that means that we're in the cycle distribution phase, can the stock rally to $1,300 certainly so this isn't a call to sell $950 today at all, but it is a call that the years high probably happens between now and July 4th start to make your exit plan now, so that when $1,300 arrives, you know what to...
NVDA Corporation- It has formed falling wedge pattern. Also it is currently trading near the 1st support zone of 112. Expected 1st Target to be 136 which is near the 1st resistance. Disclaimer: This is only for learning purpose and not a trading recommendation.
NVIDIA NASDAQ:NVDA - Will NVIDIA hit $1,000 Today? What's next after that? Will Shorts come in? They say 'what goes up ,must come down.' Will this hold true for a juggernaut like NVDA? Also could this turn into a short squeeze? Will non-farm payroll fuel some volatility today? Will it be the perfect storm or just another day in the books? What are your thoughts?
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the...
The EUR/USD currency pair has been making waves recently, and it’s currently dancing around the 1.1150 mark. Here’s what you need to know: Recent Highs: The pair has been on a bullish streak, reaching its highest level since March 2022 after convincingly breaking above the 1.1100 mark. Bulls are flexing their muscles, and the euro is strutting its stuff against...
Hello everyone, today I would like to talk about Nvidia. I believe that the current price level could be very challenging for the stock, so buying at these prices without any correction in price and time is not recommended at all. Please be aware of the risks and if you were an early buyer, it is a good idea to take some profit. The price might go higher, but the...
Team RED is READY As with any competitor, a quarterly earnings report from a peer can provide great insight into the market. For Advanced Micro Devices, the Q2'23 earnings report from Intel provides great views on the surging demand for AI chips and a rebound in PC demand crucial for AMD The most immediate signal from Intel beating Q2'23 estimates and guiding up...
NVIDIA aiming for a breakout upwards, Still riding on the Bullish AI momentum Buy signal Target above $700 Minimal downside
Reason Why Nvidia Will Still Growing Diverse Market Presence: NVIDIA is not just a semiconductor manufacturer; it’s a tech powerhouse. Beyond GPUs for gaming and professional markets, they also create system-on-a-chip (SoC) units for mobile computing and automotive applications. Their expansion into cloud software and services positions them well for...
Overview My first two publications on this idea were removed and I was banned for a day so let's try this out again: ... I finally gave in and started looking into NASDAQ:NVDA and I'm glad I did. If I was going to comfortably invest in derivatives or shares of the tech company, I needed to perform a full evaluation and determine pragmatic price targets. ...
Nvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI...