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NVDA

NVDIA: Will the 1D MA50 hold?NVDA is neutral on its 1D technical outlook (RSI = 48.753, MACD = 1.350, ADX = 31.640) as the Channel Up since the October 13th 2022 bottom has transitioned into a Rectangle where the stock in consolidating. The price is exactly on the 1D MA50 in the last three sessions, making it a key support for a possible continuation of the uptrend. If it holds, it will continue to follow a pattern similar to October-December 2022 when a 0.5 Fibonacci hold catapulted the price to the 2.0 Fibonacci extension. The RSI trend makes the comparison more easy to understand. The Rectangle pattern is favorable for us at the moment as it provides an extra validation point. We will only buy if NVDIA crosses over its top and as the fractal suggests, target the 2.0 Fibonacci level (TP = 635.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
NASDAQ:NVDA
by InvestingScope
Shorting NVDA. Try #2!If at first you don't succeed.... Traders, You know I tried this once already. Got stopped out for a loss and honestly, I've been annoyed since. So yeah, this is kind of an revenge trade. Not a good example of how you should trade kids. But again, this is all for your entertainment anyways as I've said all along. Anywho. Here we are at the bottom of my channel. Patent retest! Also, I've redrawn the H&S neckline in a way that does not show confirmation on the daily. That right shoulder looks wonky (sometimes it does), but still appears to be forming. Am I a product of my own confirmation bias. Probably. Time will tell. 30%+ Potential profit on this trade. $460 Entry $317 Target $480 SL 7/1 RRR Def not fin advice. LFG! Stewdamus
NASDAQ:NVDAShort
by stewdamus
21
HPE and Nvidia Team Up for Full Stack Generative AI SolutionHewlett Packard Enterprise (HPE) and Nvidia, two industry giants renowned for their cutting-edge technologies, have joined forces to build a groundbreaking full stack generative AI solution. This collaboration is set to revolutionize the way we approach AI, opening up new realms of possibilities and transforming industries across the globe. By combining HPE's expertise in high-performance computing and data center solutions with Nvidia's unmatched prowess in AI and accelerated computing, this dynamic partnership promises to deliver an all-encompassing AI infrastructure that is both powerful and efficient. The full stack generative AI solution will empower businesses to unlock the true potential of AI, enabling them to develop innovative applications, drive operational efficiencies, and gain a competitive edge in today's fast-paced market. This remarkable collaboration signifies a major milestone in the AI landscape, as it brings together the best of both worlds. HPE's deep-rooted experience in delivering scalable infrastructure solutions, coupled with Nvidia's groundbreaking GPU technology, will create a synergy that is simply unparalleled. Together, they will pave the way for groundbreaking advancements in AI research, development, and deployment. Now, you may be wondering, "How can I be a part of this exciting development?" Well, as an astute trader, you understand the value of seizing opportunities at the right time. Nvidia, being at the forefront of AI innovation, is poised for remarkable growth as a result of this collaboration. Therefore, I encourage you to consider adding Nvidia to your portfolio, as it has the potential to benefit significantly from this game-changing partnership. As we witness the birth of a transformative full stack generative AI solution, it is crucial to stay ahead of the curve and invest wisely. By positioning yourself strategically, you can potentially reap substantial rewards in the coming months and years. So, let's embark on this exhilarating journey together! Take a moment to evaluate the potential of Nvidia and consider adding it to your trading portfolio. As always, thorough research and analysis are key to making informed decisions, so ensure you carefully assess the opportunities and risks involved. If you have any questions or require further information, please do not hesitate comment below. I am here to assist you in any way I can. Wishing you an exciting and prosperous trading journey!
PYTH:NVDALong
by bryandowningqln
ARE WE ARE ABOUT TO WITNESS A TRAIN WRECK FROM THE FRONT ROW?This evening I was watching TV and I get an email alert. The title of email, “Wall Street’s 2024 SP500 forecasts are out, are you positioned?”, … and to my surprise (not really) the future looks bright for the US stock markets next year. I immediately thought to myself…What did I click on to get this garbage? LOL Truthfully, I didn’t think that…I eagerly went to my office to open the email to see what firms were peddling what train wreck of a guess, and to what extent would market participants buy into this publicity stunt. If you’re like me and you’re either directly affiliated with the US markets or just a hit and run reader of online financial news, you probably get emails just like these. Obviously, these emails are click-bait for readers of market news…it worked on me. I practice a form of market analysis called Elliott Wave Theory. To be brief, this form of analysis charts the price action that market participants create each of every time they buy and sell. The buys and sells are obviously based on their positive or negative sentiment within any particular market. The patterns tend to be repeating, and fractal in nature, from the intraday to the very long-term time durations. Based on their repeating nature these patterns can be very accurately forecasted long into the future. This form of analysis does not take into account market and economic news or events. The basis for this theory created by RN Elliott in the 1930’s is that news and external events are not causal with the respect to the pattern and its aftermath. A great example of this would be the last two earnings releases for Nvidia (NVDA) in both the August and November releases. Each release far exceeded analysts’ expectations on both revenue and EPS, but the resulting stock price behavior was to decline 20% and 10% respectively. However, in both cases those types of stock price behaviors could have been forecasted in advance. On November 30 I posted this article,“ Is NVDA Headed to $467 " Later in the trading day, NVDA followed through as forecasted. This was not a function of magic, just EWT analysis and good ole' fashion math. Now for full disclosure, the rally off the October 27th bottom in the markets was not entirely unanticipated I just did not expect to the extent it has rallied and I had deemed that potential alternative pathway showing a rally, low probability . Now, having rallied from late October to last Friday, I would not get too excited about that sort of price action persisting. More on that when I update followers next time. Back to the 2024 SP500 targets. From Bank of America to Goldman Sachs, not one firm is projecting the SP500 to be down next year. In fact, they forecast modest growth in neighborhood of 5% to 10%, with some other firms as high as 20% higher from current levels. The above chart is the SPX cash market from inception. You can see with arrows how I am forecasting the future price action. I have written on this subject matter ad nauseum. Nonetheless, I wonder if these latest SP500 targets from Wall Street firms are elevating market participant expectations, only to set up a pending train wreck. Are we willing participants? Is Dow Theory Dead? Dow Jones Transportation Index Do Small Caps no longer lead? Small Caps Index I'm reminded of this true story. In 1849 the Texas county of McClennan thought it was a good idea to approve an event for the (Missouri, Kansas, Texas Railway) known as KATY for short, railway executive George Crush to market two steam engine trains of his deliberately colliding head on into each other. The event was highly marketed and touted as free to attend. However, to get to the area of the event in rural McClennan county, you had to buy a ticket on one of George Crush’s trains for $3.50. In today’s dollars that fare would be $125. On the day of the event, a whopping 40,000 people lined up to witness the spectacle. Ironically, the sheer total human population in attendance on that day, rivaled the total population of Texas’ largest city at the time. The main event got underway with the two trains chugging towards each other at top speed and collided in spectacular form,…right up until the steam engines of both locomotives exploded, and jettisoned debris in such violent form, that scores of people were injured, and 2 people actually died that day. Between the event promoters, staff, county officials, and each and every soul that made a conscience decision to attend such an event on that day, apparently not one thought, this could be the outcome. In hindsight the result seems both obvious in its destructive and harmful potential, while simultaneously being inexplicable why no one thought it was a bad idea. Are there two metaphorical locomotives running towards each other now in the economic world? Is the CNBC’s of the world, and Wall Street analysts of today with their lofty 2024 SP500 predictions nothing but a bunch of latter-day George Crushs’? Saying its free to attend their publicity stunt, but transport will cost you an arm and a leg. Then you literally have to pay up. Time will tell. Best to all, Chris
SP:SPXShort
by maikisch
6
NVDA: A Dangerous Turning Point (D and H charts).In our last analysis, we warned of a possible correction in NVDA's shares, right on the day they made a new all-time high above $500. The link to my latest public analysis of NVDA is below this post. What's most interesting is that NVDA's shares fell just to hit our target at $476.09, which we set in our last analysis, and apparently, it's working so far. In addition, the $476.09 is very close to the 21 EMA on the daily chart as well, reinforcing this support area. In the two days following my analysis, NVDA confirmed a bearish reversal pattern by triggering a bearish pivot on the hourly chart (as evidenced by the image below). A bearish pivot is a lower high than the previous one, followed by the breakout of the last bottom. As shown in the chart above, NVDA shares were on a rally, making rising tops and bottoms, surfing above the 21 EMA, until on November 22, a bearish pivot was confirmed. The share price quickly fell to our target which is its first support point, but despite being in a good place for a bottom pattern to form, there is still no reaction suggesting such an event. What if NVDA shares don't react at this support? From a technical point of view, it could look for its next support levels, such as one of the Fibonacci retracements as shown below: For now, let's stay tuned, as NVDA is once again in a critical price zone, and we will soon have a clear answer as to whether there will be a reversal, or a continuation of the short-term bearish sentiment. In any case, I'll keep you updated, so remember to follow me for more analysis like this, and support this idea if you like it. All the best, Nathan.
NASDAQ:NVDA
by Nathan_The_Finance_Hydra
2
Above 459 we go up to new highs, below high chance we see $400We're getting alternation between an almost indistinguishable wave 2 and this current wave 4. However, if we breach 459, then we have declined lower than .50% of wave 2 and 3, and although we have NO overlap, the chances are high we are no longer dealing with a wave 4. Therefore I will keep this simple, above 459 and we go higher to complete this larger pattern. Below 459 and I'm 75%/25% on price heading to 400 in a larger wave 4 flat.
NASDAQ:NVDA
by maikisch
How to Trade on Earnings ReportsEarnings reports are a critical element in the financial markets, often triggering significant shifts in stock prices. This FXOpen article aims to walk traders through the complexities of trading these pivotal announcements. From preparation to strategy, discover key insights for making informed decisions during earnings season. Importance of Earnings Reports Earnings reports are a financial scoreboard for companies, released to share quarterly results with investors and analysts. These documents are pivotal in shaping market sentiment and often lead to significant fluctuations in stock prices. They encompass key metrics like revenue, expenses, and earnings per share, serving as a transparent record of a company's financial earnings. Investors keenly watch these reports as they provide a glimpse into the company's health and future prospects, often setting the tone for stock performance in the subsequent quarters. Preparing for the Earnings Season When earnings season approaches, traders are usually proactive in preparing for the influx of financial quarterly reports. One essential step is to create a comprehensive earnings calendar that lists upcoming earnings releases from companies of interest. Traders can also review past earnings reports and compare actual results against market expectations to gauge how a stock might react in the future. In addition to these, investors often consult SEC filings like 10-Q and 10-K reports to deepen their understanding of a company's financial health. Keeping tabs on analysts' predictions and expert commentaries can also provide valuable insights. A well-prepared trader is one who has extensively researched and planned for the season, thereby increasing the chances of successful trading outcomes. Key Metrics to Monitor When it comes to stock trading, earnings reports are a treasure trove of vital data points that can inform trading strategies. These metrics not only reflect a company's past performance but also offer hints about future prospects. Here are some important figures to keep an eye on: Earnings Per Share (EPS): This is the portion of a company's profit allocated to each share of stock. A high EPS can be a sign of profitability and is often compared to analysts' expectations. Revenue: The cumulative amount of money generated by the organisation. Meeting or exceeding projected revenue numbers is generally seen as a positive indicator. Guidance: This is the company's own forecast for its future performance. Strong guidance can positively affect stock prices. Operating Margin: This measures operational efficiency by comparing operating income to revenue. A higher operating margin can indicate a more profitable and well-managed company. Price-to-Earnings (P/E) Ratio: This ratio is used to value a company by comparing its current share price to its EPS. A lower P/E ratio might suggest that a stock is undervalued, while a higher one could indicate overvaluation. Dividends: Though not part of the earnings report, the announcement of dividends or changes to dividend policy can also influence stock prices. Earnings Report Trading Strategies Trading around earnings reports requires a distinct set of strategies, especially when dealing with companies about to report earnings. The market is often volatile during this period, and traders must tread carefully to navigate the complexities. Having a reliable trading platform can be a game-changer in this high-stakes environment. FXOpen’s TickTrader offers the real-time charts and trading tools necessary to help traders analyse trends and execute trades. Buy the Rumour, Sell the Fact This strategy involves buying stocks based on anticipated strong earnings and selling right before or after the report is published. The aim is to capitalise on pre-report hype and avoid subsequent volatility. Contrarian Approach Here, traders go against market sentiment. If a stock has been rallying before the earnings, but the fundamentals don't support the hype, a contrarian might short the stock, expecting a correction post-earnings. Post-Earnings Announcement Drift (PEAD) This strategy capitalises on the tendency of stocks to gradually drift in the direction they moved post-earnings. Traders buy stocks that beat expectations and short those that miss, with a plan to hold for several days or weeks. Event-Driven In this approach, traders closely monitor corporate events other than earnings, such as mergers or regulatory changes, that might influence stock prices around earnings announcements. Volatility Skew Traders analyse the implied volatility of the stock leading up to the earnings report. A significant change could offer clues about market expectations, enabling traders to position their portfolios accordingly. Common Mistakes and How to Avoid Them Navigating earnings reports involves several challenges, and traders often find themselves making common errors. Here are some of those mistakes, along with ways to sidestep them: Emotional Trading: Traders sometimes let emotions guide their actions, particularly after unexpected earnings results. Keeping a trading journal can provide valuable insights into emotional triggers. Ignoring Volatility: Market volatility is usually higher around earnings season. Utilising tools like the Volatility Index (VIX) can offer an understanding of market conditions. Incomplete Information: Decisions based solely on headlines or analysts' predictions often lack depth. Comprehensive research, including past performance and industry trends, provides a fuller picture. Over-Leveraging: It's tempting to amplify potential gains using leverage, but this increases risk. Traders often manage this by setting strict risk-reward ratios. Failing to Diversify: Putting all eggs in one basket, especially with companies about to report earnings, is risky. Diversification across sectors can mitigate some of that risk. The Bottom Line Trading during earnings season is a nuanced endeavour, requiring a blend of preparation, strategy, and keen observation of key metrics. A reliable broker can further enhance a trader's edge in this challenging landscape. For those interested in taking their trading to the next level, opening an FXOpen account enables access to a robust platform and tools for navigating the complexities of earnings reports. Happy trading! This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NVDAEducation
by FXOpen
1
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NASDAQ:QQQLong
by ArcadiaTrading
How much better can things get? Potential double-top.After reporting earnings earlier last week, shares of NVIDIA have been struggling to march higher, and if you wonder how this is possible despite astounding results, here is some food for thought. The tech giant has experienced an unprecedented rally of more than 360% since October 2022, and it is no secret that the revolution in the AI sector has highly contributed to this fact. It did not take long until the talk in the news was all about large corporations investing hundreds of billions of dollars to fund artificial intelligence research and about AI disrupting various fields and reshaping the world as we know it. With this narrative playing out, the tech giant delivered outstanding performance for the second quarter of fiscal year 2024. Its GAAP-calculated operating income was up by 1,263% YoY, net income by 843% YoY, and diluted earnings per share by 854% YoY; then, on top of that, in the third quarter of fiscal year 2024, operating income increased by another 53% QoQ, net income by 49% QoQ, and diluted earnings per share by 50% QoQ. While these are indeed incredible results, more often than not, when things are starting to be too good, the situation starts to beg the question of how much better they can get. Therefore, it is also important to consider the broader economic context. There is an apparent slowdown in multiple sectors outside of technology, like manufacturing, real estate, cargo transport, etc. These other sectors could eventually ripple into the tech industry, impacting overall economic growth and investment. Moreover, replicating the astonishing success of the last year indefinitely is improbable. Market saturation, increased competition, and potential regulatory changes are just a few other factors that could contribute to the normalization of growth rates. Regarding technicals, RSI, Stochastic, and MACD have started to decline in the past few days (on the daily chart), accompanied by the formation of a potential double-top pattern. As these developments are bearish in nature, we are growing increasingly suspicious about the upcoming move in the stock. Consequently, we will be attentive to NVIDIA’s performance in the following days and weeks. Illustration 1.01 Illustration 1.01 shows the daily chart of NVIDIA and simple support/resistance levels derived from peaks and troughs. Technical analysis gauge Daily time frame = Slightly bearish Weekly time frame = Slightly bearish *The gauge does not necessarily indicate where the market will head. Instead, it reflects the constellation of RSI, MACD, Stochastic, DM+-, ADX, and moving averages. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NASDAQ:NVDAShort
by Tradersweekly
8
Momentum, Growth and Innovation: NVDAWe have just added a new position (NVDA) to our 'Growth, Momentum and Innovation' portfolio with 11% of total equity. Here is the link to our updated portfolio, which is up > 20% in the last month: www.tradingview.com Here is a more detailed analysis of this trade: Technical Analysis Trend: NVDA has been in a general uptrend, as indicated by the price being above the major moving averages (50-day, 100-day, 200-day), which are also sloping upwards. Moving Averages: The stock is currently trading above its short-term moving average (50-day) but there appears to be a slight pullback, which could be seen as a buying opportunity in an uptrend, as per Minervini's trend following strategies. Volume: There's been increased trading volume on up days, suggesting strong buying interest. According to Minervini, higher volume accompanying price advances is a positive sign. Relative Strength Index (RSI): The RSI is not in an overbought territory (below 70), which could indicate that there is still room for upside before the stock becomes overextended. Moving Average Convergence Divergence (MACD): The MACD line is above the signal line but starting to converge, indicating potential for a change in momentum. However, as long as the MACD remains above the signal line, it is typically considered bullish. Support/Resistance: The stock has recently bounced off a support level and is making its way towards a potential resistance area. The pullback to the support could be part of a "high tight flag" pattern, which Minervini finds favorable. Price Action: The recent price action has formed what appears to be a consolidation pattern after a strong uptrend, which may be indicative of a pause before a continuation of the trend. Background Analysis Market Conditions: Mark Minervini advocates trading in sync with the overall market. If the market indices are in a confirmed uptrend, individual stock trades like NVDA are more likely to succeed. Earnings and Fundamentals: NVDA is known for its strong market position in graphics processing units (GPUs) and its expansion into areas like artificial intelligence, autonomous driving, and data centers. Sector Performance: NVDA is part of the technology sector, and its performance is often tied to the tech industry's overall health. A bullish sentiment in the tech sector can contribute to individual stock success. Risk Management: Following Minervini's risk management rules, it's essential to have a predetermined stop loss to protect capital. The trade should also be sized appropriately, not risking more than a small percentage of the trading capital on any single trade. Entry Point: According to Minervini's strategy, this entry is considered a pullback entry which further reduces the risk of this trade.
NASDAQ:NVDALong
by JS_TechTrading
Starting Coverage on Nivida (NVDA)Starting with the big picture containing all the price action within Trading View charts. Based on fib extension levels my long-term green labeled count is my primary. Purple is an alternative, but again, based on fib extensions levels it seems unlikely that purple is the optimal long-term count. Nonetheless, in either scenario, we should be entering a period of sustained downside that even in my alternative count will last years. I will drill down into the daily and the micro patterns to get at a top for v of V of 5 of (1)
NASDAQ:NVDA
by maikisch
NVDA in correction sideways.NASDAQ:NVDA has gone through a great rise and we are currently entering a flat correction that should break further downwards given its increase since mid-October so we could see prices from $395 to $300 to see its correction completed. I am more inclined to see NVDA between $300-$350 in the coming weeks since the moving averages have not yet given a clear sign of a deep correction, but of a lateralization for its distribution process providing the opportunity for trades within the ranges previously established and for the moment we would be entering in shorts for day traders.
NASDAQ:NVDAShort
by wowzone
NVDA Pullback - Ichimoku Time Analysis Long time viewer of ideas, first time posting. I am in no way an experienced expert in any sort of Technical Analysis, let alone Advanced Ichimoku theory, but have spent the last two years learning Advanced Ichimoku where I can. Have been practicing general TA for the past 5 years otherwise. Posting this idea is intended to be part of my educational journey, and I would love to hear any pointers/feedback/corrections/questions the community might have for me. Brief Explanation before technical analysis: This chart pairs Heiken-Ashi candles with Ichimoku Kinko Hyo Time Analysis. The timeframe is 1y/1d. I marked 8/24/23's high of $502.66 as the beginning of our analysis. You can see it is marked with a red "+" symbol above it. I created an Ichimoku Analysis indicator in pinescript that: a) plots additional "+" symbols to mark basic & complex numerical values cited by Kinko Hyo time analysis. These values are essentially predicted "turning" dates where volatility may cause a reversal or reinforce a trend. b) calculates 4 targets based on prices of wave peaks + valleys. Now on to why I think we're looking at a pullback. Techical Analysis: Price Action: - Increased strength in downward movements since NVDA's big pop on 5/24/23, which was due to strong earnings. We are forming somewhat of a megaphone pattern. I have lightly highlighted these movements. Trend Analysis: Heiken-Ashi candles are great when it comes to visualizing trends. Pairing completed formation of one or more trend breaking candles with other supporting factors (MACD, volume, etc) greatly increases chance of timing reversals, or hopping in/out of existing trends. We have completed two trend breaking candles, and are looking at the potential development of a bearish MACD cross. Ichimoku Analysis: - Price breaking and closing below tenkansen + means we may retreat to the kijunsen line at the $448 mark. For confirmation I would like to see a candle both open and close below the kijunsen. - The orange line below point C is the NT-Target calculated from Points A-C. Seeing that we never reached the NT-Target during this last move, I wouldn't be surprised if we saw NVDA reaching the $375 area in this next move. Friday the 24th was also a date where we can experience a reversal, as indicated by the blue "+" under Point D. Our next "turning" date is 12/20/23. Speculation & Sentiment: This is more of how I feel personally, and incredibly simplified. I think that NVDA continuing to report fantastic earnings is nothing surprising to the big money out there. I think big money has been sitting on some amazing gains over the last few months, and they are itching to lock those in. I think the fall on earnings was confirmation to big money that NVDA will continue to be a great investment for them to dump money into, and now that they have this confirmation it's time to find a better entry. By dropping the price, big money can dump more money in later to increase their holdings and, well, make even more money. Isn't that always the goal? There's honestly so much more to address here, including positioning of the components of the ichimoku cloud, but I've already listed the parts of my technical analysis I feel is most important. I've been trading as a hobby for the past five years and have found that these aspects have worked best for me personally. TL;DR: (my predictions) 1. "Tis but a flesh wound." We could fall down to and bounce off of the tenkansen (currently ~$448) and continue upwards to the E & V-Targets located at $540 - $560. This should be in motion if not complete by 12/20/23. 2. "Robert it go down." I think this is the most likely scenario. We fall to our NT-Target of ~$375 by 12/20/23. I think after this it is very likely big money starts adding some buy pressure, and we will revisit $500 soon(ish) after.
NASDAQ:NVDA
by nappelgate
NVDA Shares Decline after Strong ReportThe previous historical record and maximum for 2023 (USD 502.66 per share) was set on August 24 against the backdrop of the publication of the 2nd quarter report. This week, NVidia published its report for the Q3, and again the price set a record high, as the report turned out to be better than expected: → earnings per share: actual = USD 4.02, forecast = USD 3.37; → gross revenue: actual = USD 18.12 billion, forecast = USD 16.18 billion. However, after the publication of the report, the NVDA share price shows bearish dynamics — perhaps the information from the company disappointed overly optimistic investors. Or perhaps some market participants used the excitement associated with the publication of the report in order to lock in profits from the 2023 rally. However, NVDA shares fell 2.6% yesterday after CFO Colette Kress said sales to China, impacted by recent US government export controls, would decline significantly in the fourth quarter. Thus, the chart of NVDA shares develops a picture that may worry the bulls: → The price fell below USD 480 per share yesterday, despite the recently published good report. → The price is near the median line of the ascending channel, which describes the market dynamics starting from the gap on May 25 (excluding the second half of October). Moreover, the events of this week show that the median line acts as resistance. If the price is able to hold above the USD 480 level, this could mean that the CFO's statement caused only a short-term correction, then a gradual increase along the median line would be a sign of a strong market. Otherwise, the price may continue to decline to the lower border of the channel, acting bearishly after the publication of a strong report — just like 3 months earlier. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NASDAQ:NVDA
by FXOpen
2
NVIDIA is at balance. Here are my long/short scenariosWhen you trade the Model of the Medianlines/Pitchforks, you know now that price of NVDA is at balance. Why? It's at the Center-Line. From here Chances for up or down are equal weighted Details? Well, price closed above the CL. This is bullish. Price usually pull back to it. Then it should continue to the other extreme, which is the Upper-Medianline-Parallel. If it fails it's target and instead open and close below the CL, we have a short at hand. OK, so how could we play either side? LONG: After the pullback to the CL, I watch for a upside continuation. I want price closing above a previous candle. Stop/Loss goes below the CL. Profit target is the U-MLH. SHORT: After a open/close below the CL, I'm short immediately and my stop is above the highest Bar above the CL. Profit target is the L-MLH. Save trading4all
NASDAQ:NVDA
by Tr8dingN3rd
2
High-Stakes Trading Alert: Gold, AMD, and NVDA! Risky Trades 🚨 Brace yourself for an adrenaline-pumping trading session! In this video, we're diving into the risky world of trading with three bold ideas: Gold, AMD, and NVDA. 📉📈 Our analysis unveils the potential risks and rewards associated with these trades, providing you with valuable insights to navigate the market. Whether you're a seasoned trader or a risk-taking enthusiast, join us on this thrilling journey as we dissect the charts and strategies for these high-profile assets. Remember, with great risk comes the potential for great reward – let's embark on this trading adventure together! 💼💡 #TradingAlert #RiskyTrades #Gold #AMD #NVDA #StockMarket"
NASDAQ:AMDShort
by MoemenAwadalla
A Deep Dive into NVIDIA's Financial SuccessNVIDIA , a leading player in the world of accelerated computing and artificial intelligence, has once again demonstrated its financial robustness and strategic foresight in the technology sector. The company's recent financial report for the third quarter ended October 29, 2023, reveals a remarkable growth trajectory, emphasizing NVIDIA's significant role in the evolving landscape of computing and AI. Record-Breaking Financial Performance NVIDIA's revenue for Q3 reached a staggering $18.12 billion, marking an impressive 206% increase from the same period last year and a 34% rise from the previous quarter. This growth trajectory is not just a testament to the company's innovative products and services but also reflects the increasing demand for advanced computing solutions across various industries. The GAAP earnings per diluted share stood at $3.71, a more than twelve-fold increase from last year and a 50% increase from Q2. The Non-GAAP earnings per diluted share were even more striking at $4.02, showcasing nearly six times growth from the previous year and a 49% increase from the preceding quarter. Data Center Dominance A significant contributor to NVIDIA's success is its Data Center segment, which reported a record $14.51 billion in revenue. This figure represents a 41% increase from Q2 and an astounding 279% increase from the same period last year. The introduction of innovative products like NVIDIA HGX™ H200 with HBM3e memory and the integration of NVIDIA Spectrum-X™ Ethernet networking platform in servers from major tech companies like Dell Technologies and Hewlett Packard Enterprise have been pivotal in this growth. The Generative AI Revolution NVIDIA's CEO, Jensen Huang, attributes the company's robust growth to the broad industry transition from general-purpose to accelerated computing and generative AI. The company has positioned itself at the forefront of this revolution, offering comprehensive solutions like AI foundry services and NVIDIA AI Enterprise software. These offerings are rapidly being adopted by various sectors, including large language model startups, consumer internet companies, and global cloud service providers. Future Outlook and Strategic Moves Looking ahead, NVIDIA expects its Q4 revenue to be around $20.00 billion. The company continues to innovate and expand its product line, evident in its recent launches in the gaming sector and professional visualization. For instance, the introduction of DLSS 3.5 Ray Reconstruction for enhanced gaming experiences and the release of TensorRT-LLM™ for Windows reflect NVIDIA's commitment to staying ahead of technological advancements. Diverse Growth Areas Beyond data centers and gaming, NVIDIA has made significant strides in professional visualization and automotive sectors. The company's collaboration with Mercedes-Benz to use NVIDIA Omniverse for creating digital twins of manufacturing and assembly facilities exemplifies its influence in professional visualization. In the automotive sector, NVIDIA's partnership with Foxconn to develop next-generation electric vehicles underscores its strategic vision. Conclusion: NVIDIA's latest financial report is not just a display of numbers but a narrative of a company that is effectively navigating the rapid advancements in technology. With its continued focus on innovation and strategic partnerships, NVIDIA is not just achieving financial success but is also shaping the future of computing and AI. As the era of generative AI takes off, NVIDIA stands as a pivotal player, driving growth and innovation in a world increasingly reliant on advanced computing solutions.
NASDAQ:NVDALong
by financialflagship