NVDA showing sellers not happy with earnings growth announcement for GPU, however relates to trade war and slump in electronics. This could be great bargain watch as GPU need for AI, self-driving cars, and many other high growth tech area's. Watch or short. Sell or Hold, what's your thoughts? $138 sell for lower entry on DPO day chart. await LONG...
While the ADX is quite high, the PVT is however below zero so this might not be the best to invest in..... especially since it seems to now be descending. However, I'm here to tell you it might be a smart idea to invest as Intel has just confirmed that they are entering the GPU market by 2020 and hence preventing NVIDIA from becoming a pseudo-monopoly. Intel's...
Are they looking to even compete in the AI market? Nvidia has almost the entire AI market in GPU's. Vega did not have enough juice to compete and was not a market crusher. The future isn't look too bright.
www.coindesk.com Ethereum plans to upgrade its proof of work dramatically lowering the profits for GPU miners. I feel that much of Ethereums strength came from its well distributed mining algo and now we will see a huge movement not only of hashpower but also funds to other GPU minable coins. Remember the key to Crypto is Hashpower, Crypto cannot be separated from...
thinking of 2 ways, rising from this basecamp or retracement. But my opinion, it seems promising. So let's wait and see...
Buy the rumor sell the news. We broke out of the wedge