NVDIA Corporation (NVDA) has been going exactly as planned since our latest update (February 16, see chart below) and looks very promising to hit the 1150 Target:
On the shorter term, the 1D time-frame, we see one last buy opportunity arising for those who missed our earlier buy call. Based on the (-21.66%) symmetry of the current correction with that of...
Short Term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally. Up from 4.20.2024, wave 1 ended at 846.07 and pullback in wave 2 ended at 776.80. The stock extends higher in wave 3 towards 887 and dips in wave 4 ended at 852.66. FInal leg wave 5 ended at 888.19 which...
Immediate negative outlook for NASDAQ:NVDA with:-
#1 the bearish engulfing candle,
#2 accumulated volume hitting 1.9x standard deviation implying a climatic topping,
#3 +4x standard deviation on the daily MACD and +5.3x standard deviation on the weekly MACD.
Taken together, this looks like a climatic topping act NASDAQ:NVDA ion for a parabolic surge.
NVIDIA Corporation, NASDAQ May, 2024 X Right Prices:
This week new support = $922.10
$1,72.098
$1,087.09
$1,140.84
$1,168.34
$1,233.61
$1,251.38
Execution price: $1,286.92
Distribution price: $1,300.88
After multiple retests of 61.8 fib, I think JPOW just gave clearance past 1k. I implore you to look at what AVGO did when it broke 1,000 critical level as well as look back at TSLA in 2020 pre/post stonk split. NVDA is now a STONK, and those only go up. AMEX:SPY trend line was regained today, classic shake out before next leg up, thought we'd get a better dip...
Why the stock gained today?
• NVDA is a good defensive stock to protect against high interest rates.
• Competitor intel losing part of the market and disappointed Q2 forecast
• AI demand from MSFT, GOOG, META, TSLA that just revealed an increase in capex this week.
NVDA is backed up after last week sell-off, could it last ?
• NVDA broke the bearish channel...
This chart analysis is a bit of mess, but the price action in the last 10 sessions leads me to believe that we will see around 960 by earnings. This would be a setup for another new high if the market likes the print. Options action around 900 middle of last week seemed to indicate a push higher. Having said that, I really don' know if the consolidation from the...
- The Market registers higher highs and lows since October 2022 ; The long-term trend is therefore bullish.
- Since 2024, and thanks to the AI frenzy, the market has accelerated from $480 to a new all-time high just below the $1000 zone.
That sharp bullish impulsion that doubled the company's valuation and drove prices to uncharted territory has led investors to...
Fundamentals:
From the management, the future looks bright for Nvidia. Their sales are accelerating and their earnings are growing. Healthy funds are piling in to the company. Its industry, the electron-semiconductor fabless industry, is booming (one of the top 20 industries). These things puts the wind at its back.
Technicals:
On a daily and weekly, Nvidia...
When I do TA I don't like putting too many indicators. Indicators are probability and nothing else. Too many indicators = too much noise. Anyways we are getting straight in details. The recent trendline on daily from bigger picture is held as support on broad market selloff. Also if you see the MACD on daily it just turned to the upside so putting an additional...
im bullish on this late in the day as long as we can remain inside the reversal trend. while above this area average ill be targeting the mean range highs.
Hi, After my TSLA forecast which was confirmed when even everybody on the street was bearish.
I am back with NVDA, which is bullish in the long term. I am in a position for the NVDA 1010 Sept. Call. I trust Fortune 50 companies are investing, directly or indirectly, in LLM, which will lead to Cloud sales and intern drive NVDA card sales. The combined CAPEX...
Meta has invested $30 billion in 1 million NVIDIA GPUs to improve its AI model training capabilities and push technological boundaries in AI development. The acquisition, which includes a million GPUs, is one of the largest in the technology industry for such equipment and represents a major milestone in Meta's strategic direction towards the development of...
Item Name: Nvidia
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Nvidia, which used to be called God, is falling.
We found the starting point from the existing Nvidia falling point of view.
