NOW LONGS ( OPTION SIGNAL )NOW 815 STRIKE 23 FEB EXP CALL
NOW is setting up for a bullish pattern and our Ai algo has turned bullish on it
Expecting to prices to break 800 in 3 weeks time
NVDA
TESLA & SMCI: the tail of Semis vs EV stocks.Tesla has had a beautiful bounce off support.
This bounce comes on the back of a strong market, charging higher.
If Tesla can hold above $195 it may move for the gap fill. Caution to the wind with Tesla as it has triggered a very bearish breakdown.
SMCI is one of the best performing Semis. Its gone completely parabolic on its earnings.
after gapping up 30% on its pre guide, its now up another 10% in the afterhours.
The semis seem to have an unlimited amount of capital flowing into them.
Look for an intra day short opportunity (day trade) on SMCI
NVDA SHORT/PUT OPPORTUNITY ( JAN 28 UPDATE )Posted the short trade on NVDA on the 26th of January. NVDA has moved down 12$ since our post and we have not taken profits. Expecting a move down to 500 level the month of february
Stay tuned for more posts from us.
Check out our previous predictions. Our algos catch the markets before the move
NVIDIA Pioneers $30 Mil Initiative to Propel U.S. AI Research
In a groundbreaking move, VANTAGE:NVIDIA ( NASDAQ:NVDA ) has joined forces with the U.S. National Science Foundation (NSF) to spearhead the National Artificial Intelligence Research Resource (NAIRR) pilot project. This strategic partnership, aimed at advancing the United States' artificial intelligence industry, sees NVIDIA ( NASDAQ:NVDA ) committing a substantial $30 million towards cutting-edge AI technologies, supercomputing capabilities, and relevant software over the next two years.
The NAIRR pilot project, launched in collaboration with 10 federal agencies, private-sector entities, nonprofits, and philanthropic organizations, seeks to provide researchers and diverse communities with comprehensive access to high-level computing, data resources, AI models, and software. The overarching goal is to accelerate AI research, drive innovation, and enhance the country's global competitiveness in the rapidly evolving field of artificial intelligence.
At the heart of this initiative is the vision of creating a national research infrastructure that empowers researchers and communities across the U.S. The commitment of $30 million from NVIDIA ( NASDAQ:NVDA ) is a pivotal factor in expanding the scale of the pilot, fostering potential breakthroughs, and catalyzing momentum towards full-scale implementation.
The NAIRR pilot's primary objectives are to support fundamental AI research, promote domain-specific research applications, and extend access to AI innovation to communities currently underserved by the AI ecosystem. This includes smaller institutions, rural areas, and institutions serving underrepresented populations that may lack the resources to independently build their computing or data infrastructure.
NVIDIA's ( NASDAQ:NVDA ) collaboration with scientific centers goes beyond financial contributions. By scaling up educational and workforce training programs, the initiative aims to enhance AI literacy and skill development across the scientific community. The partnership also facilitates insights from researchers using NVIDIA's platform, contributing to the refinement and enhancement of the company's technology for scientific applications.
The comprehensive support from government partners, including the NSF, U.S. Department of Agriculture, U.S. Department of Energy, and others, underscores a unified approach towards advancing AI research. The NAIRR pilot builds on the U.S.'s rich history of leading large-scale scientific endeavors, mirroring the creation of the internet, which played a pivotal role in advancing AI.
The initiative aligns with President Biden's Executive Order 14110, signed in October 2023, directing the NSF to launch the NAIRR pilot within 90 days. By providing access to advanced computing, datasets, models, software, training, and user support, the NAIRR pilot aims to democratize access to AI innovation and pave the way for future investments in trustworthy AI development.
As the U.S. takes a significant step towards establishing itself at the forefront of global AI advancements, the NAIRR pilot promises to drive innovations across sectors, from healthcare to environmental science. This visionary collaboration between NVIDIA ( NASDAQ:NVDA ) and the U.S. National Science Foundation sets the stage for a new era in AI research, with the potential to shape the future of technology and innovation.
NVDA SHORT/PUT OPPORTUNITY Im shorting NVDA here because of the current seasonal anamoly. NVDA was supposed to fall this time of the year usually tracking 20 year historical data and the options chain is skewed to the call side.
PE ratio is insane at these levels
Our Ai forecast tool has turned bearish
Trade Idea : NVDA 640 PUT MARCH EXPIRY SL 640
SPY SHORT ( UPDATE FROM JAN 24,2024 )**Hello all, Im here to add some insights to the trading view community. I run options and stock programs out of trading view which give intraday bull and bear probabilities and support and resistance levels based on options chain data
Looking at SPY, I see a Support level at 485 and the open interest difference between calls and puts are the highest there ( over 5000 ). Resistance at 487 and 488. Im looking to enter a short now with 490 SL.
Target is sub 480 if bears push it over
Based on my program which does seasonal analysis, SPY is bearish for the next 10 days. Feb month is where the big bear comes seasonally.
Ai forecast also looks bearish. Not a place to go long. We Trade algo is applied on the chart**
We posted the above idea initially on the 24th of january when SPY was close to 489 but the idea got hidden. The short/ put trade we entered at 488 level paid 80% and closed at 485 level.
Watching for another short opportunity. Out of all longs for now
NVDA Nvidia Jan 25th updateNVDA is on the way to its next resistance box, and should be hit by Friday, then a move down to the 575-555 level will be expected
I expect NVDA to maj top in Apr
NVDA $500 Break on VolumeNVDA has been rangebound since June 2023 and made multiple attempts to break $500. It's been accumulating in the upper half of the zone since the beginning of December, surfing the 50 EMA, and looks ready to breakout above $500 on a volume spike. Accumulation leads to expansion, and NVDA looks primed for another leg up.
Nvidia Continues on it's impulsive move towards completionNvidia is trading just shy of it's 1.382% Fib extension level at $609 where we would normally see a wave 3 terminate in the premarket. If price has designs to extend, it will more than likely do so in a wave 3. It will be interesting to see how this coincides with the broader SPX cash and futures market, which appears to be in the exact same scenario.
The apparent way Nvidia is subdividing and where it is in the overall count continues to cause me to suspect this entire pattern could complete around earnings time. If this was to align properly, that would mean that earnings will be used as a sell event. Something to keep in mind.
NVDA: An Unstoppable Rally! How Far Will It Go? (D&W charts).NVDA shares are in a very strong uptrend, and since they broke the previous all-time high around $500 (yellow area), we have been navigating in unknown waters, since there are no more “previous tops” to act as resistance levels to guide us here. Since our previous study, NVDA has made many important movements, so let's update our idea. Remember, the link to my previous post is below this analysis, as usual.
In this case, there are a few things to remember that can help us. Firstly, the $ 600 is supposed to act as a resistance, not because it is a technical key point, but because it is a round number. More often than not, the market has a thing for round numbers, especially when it is making new highs, and apparently, NVDA is finding a resistance near the $600 (at least in the short-term).
Secondly, since NVDA broke the $500, it also triggered a Rectangle chart pattern seen on the weekly chart, as seen on the chart below:
The technical target of a Rectangle pattern is its height projected in the direction of the breakout (as evidenced by the red arrows). This takes is to the $626, approximately. Therefore, although NVDA is having a hard time breaking the psychological resistance at $600, in theory it still has more upside.
If this is a buy or not, it depends on your strategy and the time-frame you work, but I understand when I see people worried about it being overbought. If we use a few indicators, like RSI, we see that NVDA is around the 80s area, but there is a problem in determining whether a stock is overbought or oversold using only indicators.
On May 2023, NVDA went into overbought territory, as its RSI exploded and I saw many people worried about this. However, the price didn’t correct. In fact, it kept going up, while the RSI dropped, and this is one of the reasons why I don’t trade indicators – I trade price, but I use indicators sometimes as a tool to support my thesis, when I need more confirmation.
Therefore, as long as NVDA maintains the pattern on making higher highs/lows, trading above its support levels, the bull trend will persist. For now, there is no technical evidence, price action-wise, suggesting a pullback, and if a pullback occurs, we see many support levels to hold the price, as seen on the chart below, like the retracements, the 21 ema, and in the worst-case scenario, the $500 again.
I’ll keep you updated on this, so remember to follow me for more analysis like this, and like this idea to support me.
Best regards,
Nathan.
$NVDA COMPLETE ELLIOT WAVE ANALYSISI have identified all the wave counts visible on the weekly chart, and while they make sense to me, I acknowledge the possibility of errors, given my relatively new exposure to Elliott Wave analysis. It's evident that we are currently within wave B in the overarching wave count. Anticipating an elongated wave B due to various sub waves, my expectation is for wave B to reach the designated green pivot area before completing wave C well below the 2022 low.
Nvidia's Reign as the AI King: Navigating the Boom Amidst RivalsNvidia ( NASDAQ:NVDA ) stands tall, hitting an all-time high as the AI craze continues its unstoppable momentum into 2024. The semiconductor giant's shares surged over 2% to an impressive $594.91, propelling its market cap towards the $1.5 trillion mark. However, Nvidia's ascent is not a solitary journey, as rivals like AMD and Intel are also riding the AI wave, challenging the industry leader's dominance.
The Meta Boost:
Nvidia ( NASDAQ:NVDA ) received a monumental vote of confidence when Meta CEO Mark Zuckerberg announced a multi-billion-dollar investment in thousands of Nvidia chips for Meta's ambitious AI projects. In a groundbreaking move, Zuckerberg expressed Meta's intention to build an AI infrastructure equipped with 350,000 Nvidia H100 chips by the end of 2024. The goal? Developing general artificial intelligence with plans to make Meta's AI open source, fostering collaboration across the industry.
Hardware Dominance and Cuda Software Moat:
Nvidia's supremacy in AI chip development is undisputed, boasting an estimated market share ranging from 70% to 90%. Beyond hardware, Nvidia's Cuda software acts as a strategic moat, empowering developers to create robust AI platforms. This dual advantage positions Nvidia ( NASDAQ:NVDA ) ahead of its competitors, solidifying its stronghold in the rapidly expanding AI market.
Rival Onslaught:
While Nvidia remains the reigning champion, rivals AMD and Intel are not resting on their laurels. AMD's MI300 accelerator, designed to rival Nvidia's data center accelerators, and Intel's upcoming Gaudi3 AI accelerator showcase the industry's competitive spirit. The battle for market share intensifies as these companies strive to offer cutting-edge solutions in the AI hardware space.
The Rise of ASICs:
The landscape is evolving further with hyperscalers like Microsoft, Google, Amazon, and Meta investing heavily in developing their own application-specific integrated circuits (ASICs). Unlike the versatile graphics accelerators from Nvidia, AMD, and Intel, ASICs are tailored for specific AI needs, offering enhanced efficiency. This shift poses a potential challenge for Nvidia, as hyperscalers explore alternatives to traditional GPU solutions.
Room for Growth Amidst Challenges:
Despite the intensifying competition and technological shifts, the AI explosion is only in its infancy. Many companies have yet to fully embrace AI, suggesting a vast untapped market. Even if Nvidia faces challenges to its market share, the overall revenue is poised for sustained growth as the demand for AI solutions continues to skyrocket.
Conclusion
As the AI landscape transforms, Nvidia remains the undisputed king, navigating the challenges posed by rivals and emerging technologies. The company's strategic partnerships, hardware dominance, and commitment to open-source collaboration position it as a key player in shaping the future of AI. The journey ahead promises both challenges and opportunities, and only time will tell how Nvidia continues to lead in the dynamic world of artificial intelligence.
NVIDIA / TECHNİCAL ANALYSIS / 4H As long as the trend line remains unbroken and there are candlestick closures above the support zone of 506-487, there should be no issues with buying.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
Nvidia hits (iii) of iii target & gets closer to Major TopNvidia remains impulsive and within it's wave iii of v of 5. The manner in which price is sub-dividing and given it posture of finishing of it's wave 3 shortly towards the $600 area, this could complete prior to earnings, or result in a sell the earnings event.
NVIDIA ($NVDA): Riding the AI Wave to New Heights
NVIDIA Corporation ( NASDAQ:NVDA ) is on the cusp of a historic moment, with its stock hitting an all-time high and poised to become the fourth-largest company by market capitalization. The company's recent surge is fueled by groundbreaking developments in artificial intelligence (AI) and graphics processing units (GPUs), propelling NVDA into new frontiers. We delve into the factors driving NVDA's success, the competitive landscape, and whether now is the right time for investors to buy into this tech giant.
The AI Revolution:
NVIDIA ( NASDAQ:NVDA ) has long been at the forefront of innovation, pioneering graphics processors that revolutionized computer gaming. The company's GPUs have expanded beyond gaming, finding applications in healthcare, automobiles, and robotics. In a game-changing move, NVIDIA's AI-capable supercomputer played a pivotal role in the advancement of generative AI, exemplified by OpenAI's ChatGPT. This "iPhone moment of AI" not only reshaped the industry but also marked a turning point for NVIDIA's financial performance.
Stellar Financial Performance:
NASDAQ:NVDA 's 2023 rally of 239% and its recent all-time high of 553.46 underscore its exceptional financial performance. Despite a brief dip after its third-quarter earnings report, where profits exceeded expectations at $4.02 per share on sales of $18.12 billion, NASDAQ:NVDA has continued its upward trajectory. The company's data-center sales, a key driver of growth, surged 279% to a record $14.51 billion, showcasing the insatiable demand for NVIDIA's advanced technologies.
Competitive Landscape:
While NVIDIA has maintained its trailblazing status, competitors are catching up. Advanced Micro Devices (AMD) launched a new AI chip in December, intensifying the competition in this rapidly evolving space. However, NVIDIA's extensive product portfolio and established market presence position it as a formidable player. The question for investors is whether the company can sustain its lead and fend off competitors eyeing a slice of the burgeoning AI chip market.
Analyst Projections:
Analysts project robust growth for NASDAQ:NVDA , with an estimated 236% increase in per-share earnings to $11.22 for fiscal 2024. Despite concerns about profit growth decelerating to 67% in fiscal 2025, the overall outlook remains positive. Bank of America analyst Vivek Arya and Bernstein analyst Stacy Rasgon both hold a bullish perspective, with a price target of $700, suggesting that there is untapped potential in NVIDIA's stock.
Investor Considerations:
While NASDAQ:NVDA 's technical outlook is favorable, with the stock trading near the top of its 52-week range and above its 200-day simple moving average, caution is warranted.
Future Prospects:
The global AI chip market is projected to grow significantly, reaching $67.1 billion in 2024 and doubling to $119 billion by 2027. NASDAQ:NVDA is well-positioned to capitalize on this growth, given its track record of innovation and market dominance. However, investors should monitor the competitive landscape and consider the potential impact of emerging technologies on NVDA's market share.
Conclusion:
NVIDIA's journey to becoming the fourth-largest company by market capitalization is a testament to its pioneering spirit and technological prowess. While challenges loom on the horizon, the company's strong financial performance, coupled with optimistic analyst projections, paints a compelling picture for investors.
As NASDAQ:NVDA continues to ride the AI wave, the question remains: is now the opportune moment to invest in this tech giant? Only time will reveal whether NVIDIA's ascent is a sustained trajectory or a momentary surge in the ever-evolving landscape of technology stocks.
Nvidia's Dance with ControversyThe Underground Market for Banned AI Chips in China"
Nvidia (NASDAQ: NASDAQ:NVDA ) finds itself at the center of a storm as reports surface regarding the illicit trade of its advanced AI chips in China. Despite a U.S. ban on exporting these chips to the country, Chinese military entities, state-owned AI research centers, and universities have reportedly been actively acquiring batches of Nvidia semiconductors. This raises concerns about the efficacy of U.S. efforts to restrict China's access to critical AI technology and the potential implications for national security.
The Chinese Quest for Nvidia's Banned Chips:
According to a comprehensive analysis, various Chinese entities, including elite universities like the Harbin Institute of Technology and the University of Electronic Science and Technology of China, have been identified as purchasers of Nvidia's banned A100 and H100 chips. Even chips specifically developed for the Chinese market, the A800 and H800, faced a ban in October. The relentless demand for these chips underscores the challenges faced by the U.S. in cutting off China's access to advanced AI technology, vital for breakthroughs in artificial intelligence and high-end military applications.
Regulatory Quandaries:
While the U.S. ban prohibits the direct export of these chips to China, the emergence of an underground market reveals a complex web of transactions. Chinese vendors reportedly acquire excess stock or import through companies incorporated in countries like India, Taiwan, and Singapore. Nvidia ( NASDAQ:NVDA ), however, maintains that it complies with export control laws and pledges to take action against customers engaging in unlawful resale. U.S. authorities are equally determined to close loopholes in export restrictions, but experts argue that achieving watertight control over small chips is unrealistic.
The Superiority of Nvidia's GPUs in AI:
Nvidia's graphics processing units (GPUs) have long been recognized as superior for AI-related activities, efficiently processing vast amounts of data crucial for machine learning. The persistent demand for these banned AI chips in China highlights the absence of satisfactory alternatives for Chinese firms, with local competitors like Huawei expected to lag behind in development.
National Security Concerns:
The intersection of technology and national security is a critical aspect of this controversy. The involvement of Chinese military entities and institutions with alleged affiliations to military bodies raises questions about the potential dual-use nature of these AI chips. The U.S. government faces the challenge of balancing its commitment to innovation with the imperative to safeguard sensitive technologies that could have military applications.
Conclusion:
Nvidia's entanglement in the controversy surrounding the underground trade of banned AI chips in China sheds light on the complexities of enforcing export restrictions in the tech industry. As geopolitical tensions continue to shape the landscape, the story of Nvidia's chips serves as a compelling narrative, emphasizing the delicate balance between technological advancement, economic interests, and national security. The evolving situation calls for a nuanced approach from both the U.S. government and technology companies to navigate these challenging waters.
[SHORT] Trend is over! #NVDATrend is ended... #NVDA short time for #NVDA
*Head & Shoulders formation*
NVDA at the CES Ahead of Earnings Next MonthNASDAQ:NVDA moved up on the excitement around AI at the Consumer Electronics Show. We can see that Professional Traders were anticipating a breakout.
The stock should be able to begin some pre-earnings runs soon, as long as revenues and earnings continue to improve.
Volume Oscillators and Money Flow Indicators have been improving as Derivative Developers continued to increase inventory.
NVDA "AI King" BreakoutNvidia 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 room to test $530/$544 projected targets on the short term.
✨❄️🌟 The Tutorial How-To Find a Magic on TradingViewFinancial markets just finished its memorial 2023.
Whatever the numbers at the “Closing bell”, on your monitors and in your portfolios, there is no doubt that 2023 year’s Santa Rally will go down in history as one of the most outstanding in many years.
In November and December, 2023 the U.S. stock market was rallying for the 9th consecutive week in a row.
This was the longest ever upside streak in SP:SPX over the past 20 years, since the fourth quarter of 2003.
Well.. just try to answer what happened with the market the past one time.
Happy New 2024 Year!
✨❄️🌟🎅🎊🌲💫⛄️🌠✨❄️🌟🎅🎊🌲💫⛄️🌠
NVDA: What Lies Ahead Following A Massive BreakoutNVIDIA (NVDA) shares broke out in one of the cleanest moves you’ll come across. The current 4-day rally is now more than 12% - the best such stretch since the chip designer posted its now-famous earnings blowout and incredible guidance figures in May 2023. NVDA’s rally has helped the Information Technology sector reclaim losses to start 2024. But where will the stock go next? Let’s put on our technician hats and investigate.
Following the quarterly results posted in the second quarter of 2023, NVDA went on to trade in a trading range between support near $400 and resistance around $510. That $110 zone is key as we can now add that on top of the $510 level to arrive at a bullish upside measured move price target to $620. That means roughly 14% more upside from the current price.
It will be key to watch for a possible pullback to $510 – what was once resistance becomes new support. As it stands, implied volatility on NVDA is moderate at 36%, and the company’s next earnings report is not due out until February 21. So, we may have to pay closer attention to what its industry peers have to say in nearer-term Q4 profit reports. As for NVDA’s valuation, following the technical breakout, the company trades 43.4 times 2024 consensus operating EPS forecasts and under 27 times out-year EPS estimates.
Nvidia Long-Term ChartWe are definitely in our wave v of 5 of larger (1) now. In the smaller patterns a move to $650 is not out of the cards...however, please understand your trading the final machinations of a very long term pattern.
A breach of the $400 will signal a potential move back to the sub $100 area.
NVIDIA ($NVDA) Future of AI-Enabled DevicesNVIDIA ( NASDAQ:NVDA ) appears to be on an impressive trajectory, bolstered by the recent unveiling of its GeForce RTX 40 SUPER Series GPUs at CES 2024. These graphic processing units, built on the Ada Lovelace architecture, promise a significant leap in AI-powered PC experiences. The GPUs boast remarkable capabilities, with up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS, setting new standards in gaming realism and AI-enhanced experiences.
The introduction of these AI-powered chips aligns well with the emerging demand for AI-enabled PCs. Despite recent challenges in the PC market, including declining demand and economic uncertainties, NVIDIA's forward-thinking approach positions it to capitalize on the growing opportunities in the AI PC segment. PC manufacturers like HP Inc. and Dell Technologies are also gearing up to roll out AI PCs, anticipating a recovery in the PC market in 2024.
NVIDIA's transformative technology goes beyond gaming, extending across various sectors such as deep learning inference, generative AI applications, and productivity tools like Adobe Photoshop. The RTX 40 SUPER series chips, equipped with specialized AI Tensor Cores, represent a monumental leap in AI capabilities for PCs, promising users transformative AI experiences.
The technical analysis further supports the positive outlook for NVIDIA. The stock is in a rising trend channel, indicating positive development and increasing buy interest among investors. The recent breakout through resistance levels and the positive signal from the rectangle formation suggest a potential further rise in stock price.
In summary, NVIDIA's strategic focus on cutting-edge AI chips, its readiness to meet the demand for AI-enabled PCs, and the positive technical indicators make it a compelling investment opportunity. The company's commitment to innovation positions it well in the evolving landscape of AI-centric computing, making NVIDIA an attractive choice for investors seeking growth in the technology sector.
