as Nvidia makes it's 3 wave correction pushing down to 111 high volume price action.
Fundamentally, the graphics card maker is in a brilliant position as leading graphics card provider to work in future disruptive industries, such as AI, QC, Crypto and Autonomous driving, as well as established industries such as Gaming, CGI/animation and CAD design.
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...
I know the haters will jump on this one. Everyone's favourite (including Cramer) bull market stock Nvidia. Looks to have broken 2017 uptrend and also breaking below Cloud and potential double top/triple top pattern on negative divergence. Given the huge run up in the stock I think 190 is on the cards with potential for significantly lower if the overall market...
My EW count; if it is valid we could see a nice move up.
Quarter after quarter NVDA is pushing higher and higher as it is beating analysts by a large degree.
Potential from AI, Crypto, Autonomous Driving and Gaming is huge.
I expect this trend to continue; seems like a no brainer long term holding.NASDAQ:NVDAhttps://uk.tradingview.com/x/wTFlY5cC/
If you want to...
I think Nvidia are a good trade all the way into 2018; get a trade in now for the next dividend payout as we've just missed the ex-dividend day of 22/08 .
It's a personal surprise to me to find they've not been overbought this year, so, let's discuss the TP; I see a good pattern has formed since June this year: a 2-month gap between the low of mid-June and the...
I am in NVDA at 154.
Price is oversold in my opinion. This is a great stock with ever growing potential. RSI was oversold and price held the 50ma. Price dropped on a good earnings result so as far I am concerned its sale time and I'm buying!
Looking to hold until $200.
We expect a further reduction in NVIDIA share prices. According to our assumptions, the exchange rate decreases to a level of 152.32 usd at relative low speeds. Then it may rise again to a correction level of 173.39 usd. There are two options here. Or again, it is a sideways course, and the other is taking a boost and approaching the target price of 249.25 usd....