Super Micro Computer Inc. (SMCI) suffered yet another brutal sell-off following the announcement of a delay in filing its 10-K annual report. This may prove to be a catastrophic one as technically not only did it fail exactly on its 1W MA50 (blue trend-line) but also saw the stock test the bottom of its multi-year parabolic support, the Higher Lows Zone since the...
Intel's latest reveal, the Intel 3 process node, promises to revolutionize the tech landscape with substantial performance and efficiency gains. But could this be the strategic breakthrough Intel needs to outmaneuver its competition? Enhanced Performance and Density for Leading-Edge Computing Intel's commitment to process technology leadership leaps forward...
Based on Elliott Wave (EW) 2.0 analysis and the Fibonacci retracement tool, NVDA has shown a significant bounce recently, indicating potential future gains. Elliott Wave 2.0 and Fibonacci Insights Using the advanced EW 2.0 theory, we have observed a retracement for wave 3, with NVDA bouncing impressively from the $90 mark. The Fibonacci retracement tool, which...
Buying Support 'Supply/Demand' has dried-up. Stay below the moving averages. Even the Dividend did Not help. Did Not participate in the Rally with the Rest of the mkt. Another Dismal earnings upcoming.
Stock has dropped almost 40% from it's ATH into a pennant into earnings. Short sellers would be insane not to cover on any good news or if sentiment just stops getting worse. Tech as a whole looks due for a bounce, AMD was a bottom indicator in 2023, could do it again in 2024. Upside price targets are 155, if through then 200 Stop loss = breakdown of the pennant
Is this a breakout for intel after forming a 6 month triple bottom?
Hi, It's a bit hard to get in technically if the stocks are constantly making new higher highs without any certain pullbacks and NVIDIA was one of them. Now we have seen some red weeks and we have an opportunity where some criteria are matching with each other around $100. If you are still interested then it might be your chance. Good luck, Vaido
Current situation: SKILLING:US100 : NASDAQ:SMCI is currently at support level. Potential scenario: If tomorrow's earnings do not meet expectations, the stock could drop to around $450 in a heartbeat. Why? 1. The movement that started on 4.03.2024 appears to be an ABC correction, and the stock is currently in wave C of that correction. 2. In an ABC...
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?
AMD on the Weekly is showing Potential MACD Hidden Bullish Divergence above the Weekly Support floor and the previous 0.886 Resistance. If it plays out there is room all the way up to $232.37 that AMD could go for.
Throwing this out there, in case it unfolds. NVDA, the path to $3000. Projection up to 2027...
Check AMD, I'm not entirely sure yet, but something about this chart is screaming bullish again. Last chart update was pretty much short over 171 and we pretty much stuck to the chart. Now that things are settling, the next move is starting to appear. There is potential we see the move from 169.99 to 207. If we cap out near 207 or 209 and drop to around 192, it...
SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO. I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped. Below is the trade plan for commons, If you are trading options, have a tight stop loss. Long between 137-145 Stop Loss - 130 Target #1...
NVIDIA Corporation (NASDAQ: NVDA), a leading player in the technology sector, has been showing promising signs that could potentially drive its stock price to reach the $1000 mark. Here’s why: Strong Financial Performance NVIDIA’s financial performance has been impressive. In 2023, NVIDIA’s revenue was $60.92 billion, an increase of 125.85% compared to the...
There's a triple confluence here on NVDA, This is a massive support level with a developing 45min order block. With these confluence and a strong company leading the tech/AI world, I would expect higher prices to come unless we get a random negative event. I'm bullish and looking to break $1,000 in the next few months. Let me know your thought sin the comments...
NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15) Price action has formed a bullish ascending triangle formation. There is no clear indication that the upward move is coming to an end. Daily signals for sentiment are at overbought extremes. In our opinion, this stock is overvalued. A break of the recent high at 709.44 should result...
Nvidia stock NVDA price just hit a new all time high Monday after the chip company unveiled new products and partnerships at the annual Consumer Electronics Show (CES). The company rolled out three new chips that will let gamers, designers and other users make better use of AI on their personal computers. Technically speaking, the stock NVDA is still having the...
Archer-Daniels-Midland (ADM) announced its acquisition of Revela Foods, a Wisconsin-based dairy flavor developer. This move expands ADM's flavors portfolio, aligning with its strategy to diversify into nutrition foods. With Revela's projected $240 million sales in 2023, ADM aims to enhance its global presence in the $1.8 billion dairy flavors market. The deal is...