DECK, NVDA - what am I missing?DECK, NVDA is flying up nicely (in FIAT terms), quite FOMO, however in a five year period both trying to stick with bitcoin. NVDA is even slightly better, but I can't actually own it, transfer it anywhere, send it, pay with it, etc. So now is not a good time for me to even buy NVDA, I think it is overrated just like DECK. Plus, in the upcoming cycle, it's going to have a very hard time with the hard meter. What will the next 5 years bring? I bet on bitcoin.
Start measuring value with the world's hardest asset - bitcoin (sats). Filter out a lot of the dirt and misinformation caused by monetary policy.
When you build a house, you don't use a rubber tape measure. Take the same approach to building your financial freedom. Study bitcoin.
DECK with rubber tape measure:
NVDA with rubber tape measure:
NVDA with hard tape measure:
NVDA
NVDA - Coming weeks will be corrective The best move for this finished imho.
We should see a correction that ideally shouldn't exceed -10% from the high but it will be mostly time consuming, frustrating all late comers.
So, if you're a short/medium term trader it's best to just take your profits and stay out of the market for the next few weeks or try your luck somewhere else in another group.
If you're a long term investor, this doesn't change the bullish outlook for now. Just be aware that there probably won't be big up moves in the short term.
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Nvidia Monumental Divergence- Nvidia seems ready for a bigger retracement.
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Trading Parts
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Short Zone : 400$ ish ( Now )
TP1 : 275$ ish
TP2 : 200$ ish
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- Stay S4fe!
Happy Tr4Ding !
We're in the BoxSince starting coverage on NVDA in November of 2023 and forecasting a minimum high of $650 to as high as $706...I can now say we're in the topping box.
In the next few weeks, as we finalize these last squiggles higher, I would advise to trim your positions by scaling out. The next intermediate move will be a larger degree decline.
Best to all,
Chris
NVIDIA's Soaring Market Value: Propelled by AI OptimismNVIDIA Corp (NASDAQ: NASDAQ:NVDA ) experienced an unparalleled surge in market value during January, breaking records and solidifying its position as the world's most valuable chipmaker. This monumental achievement, marked by a staggering $296.52 billion increase, has captivated investors and analysts alike. As we delve into the factors fueling this extraordinary rise, we uncover a narrative shaped by the burgeoning demand for artificial intelligence (AI), positive analyst projections, and NVIDIA's strategic moves in the AI landscape.
AI-Driven Optimism:
NVIDIA's (NASDAQ: NASDAQ:NVDA ) meteoric rise in market value finds its roots in the surging optimism surrounding artificial intelligence. With the company positioned at the forefront of AI innovation, the market has responded favorably to NVIDIA's commitment to advancing the field. The recent announcement of expanded AI offerings, coupled with breakthroughs in desktop graphics processors and AI-related components and software, has propelled the stock to new heights. As AI continues to reshape industries, NVIDIA (NASDAQ: NASDAQ:NVDA ) stands poised to capitalize on the growing demand for cutting-edge technologies.
Record-Breaking Momentum:
January witnessed NVIDIA (NASDAQ: NASDAQ:NVDA ) setting a monthly market value increase record, surpassing its own previous high set in May 2023. The company's market capitalization now stands at an impressive $1.52 trillion, reinforcing its dominance in the semiconductor industry. This extraordinary achievement underscores the market's acknowledgment of NVIDIA's strategic vision and its ability to stay ahead in the rapidly evolving tech landscape.
Microsoft's Parallel Ascent:
In the tech realm, Microsoft has also experienced a robust increase in market value, adding $159.36 billion in January. The surge is attributed to the rising demand for its Azure cloud service. As NVIDIA forges ahead in AI, Microsoft's parallel ascent emphasizes the industry-wide recognition of the pivotal role played by both companies in shaping the future of technology. Microsoft's quarterly profit and revenue exceeding estimates further bolstered investor confidence.
Meta Platforms' Resurgence:
Meanwhile, Meta Platforms, formerly known as Facebook, witnessed a resurgence in market value, crossing the $1 trillion mark for the first time since September 2021. The 14% surge in Meta's stock after reporting a 25% jump in revenue to $40.1 billion for the December quarter has positioned the social media giant as a formidable player in the evolving tech landscape.
Tesla's Contrasting Fate:
In stark contrast, Tesla Inc emerged as the weakest performer among the top 20 global companies by market cap. Concerns over slowing growth led to a 24.5% decline in its market value over the last month. CEO Elon Musk's cautionary statements regarding lower sales growth despite recent price reductions have raised questions about the electric carmaker's trajectory.
Technical Outlook and Investor Sentiment:
From a technical perspective, NVIDIA's medium to long-term outlook appears robust, with a broken rising trend signaling even stronger growth. The absence of resistance in the price chart indicates potential for further upward movement.
Conclusion:
NVIDIA's (NASDAQ: NASDAQ:NVDA ) unprecedented surge in market value reflects not only the company's prowess in AI but also the evolving landscape of technology. As the demand for advanced computing and AI solutions continues to soar, NVIDIA's strategic positioning and groundbreaking innovations position it as a key player shaping the future of the tech industry. Investors and enthusiasts alike will be closely watching how the company navigates the dynamic market conditions and sustains its remarkable momentum in the months to come.
Nvidia Continues to extend and so does wave iii of v of 5 pf (1)Until we get a wave iv of v of 5 that can take more traders out, consolidate more than a couple days, we're going to continue to extend. It is now conceivable we get a $7-handle on this company before it dumps.
Unfortunately, this doesn't haven't a happy ending.
Best to all,
Chris
Nvidia's Strategic Leap into AI: Unveiling a $150 Mil Investment
In a bold move that underlines Nvidia Corporation's ( NASDAQ:NVDA ) commitment to shaping the future of artificial intelligence (AI), the renowned chip and graphics card manufacturer has recently joined forces with FTV Capital, Coca-Cola, and Airbus in a $150 million funding round for Kore.ai, an Orlando-based startup specializing in AI-powered chatbots.
This latest investment solidifies Nvidia's ( NASDAQ:NVDA ) position at the forefront of the AI revolution, leveraging its high-end chips to power innovative solutions in diverse industries. With a growing portfolio that already includes investments in Hugging Face, Cohere, and Mistral AI, Nvidia ( NASDAQ:NVDA ) is strategically aligning itself with cutting-edge AI technologies that have far-reaching implications.
Kore.ai, led by CEO Raj Koneru, has experienced exponential growth, boasting an impressive clientele that includes global giants such as Coca-Cola, Airbus, Roche Holding AG, and LG Electronics Inc. The startup's focus on developing virtual assistants for major brands positions it as a key player in the rapidly evolving landscape of AI-driven customer interactions.
Nvidia's involvement in this funding round goes beyond a mere financial transaction. As a long-time advocate for AI initiatives, the company is extending its influence into the development of next-generation AI applications. The partnership with Kore.ai not only underscores the versatility of Nvidia's ( NASDAQ:NVDA ) products but also highlights its commitment to fostering innovation and technological advancement.
Raj Koneru, in a recent statement, revealed that Kore.ai is gearing up for an initial public offering (IPO), signifying the startup's confidence in its trajectory and the broader market's appetite for AI-driven solutions. Nvidia's investment comes at a pivotal moment, aligning with Kore.ai's ambitions for expansion and market dominance.
Nvidia's ( NASDAQ:NVDA ) deepening involvement in AI ventures is a testament to the company's forward-thinking strategy. Beyond manufacturing cutting-edge hardware, Nvidia ( NASDAQ:NVDA ) is actively participating in the AI ecosystem, strategically positioning itself to capitalize on the widespread application of its products. The synergy between Nvidia's chips and the AI algorithms developed by companies like Kore.ai has the potential to redefine industries, from customer service to manufacturing and beyond.
This latest move also emphasizes Nvidia's ( NASDAQ:NVDA ) role as a catalyst for the AI revolution, fostering collaboration and investment in companies that share a vision for a future where artificial intelligence plays a central role in shaping our everyday lives.
In conclusion, Nvidia's $150 million investment in Kore.ai is not just a financial transaction; it is a strategic move that cements the company's status as a key player in the AI landscape. As the world increasingly relies on AI-powered solutions, Nvidia's commitment to fostering innovation positions it as a driving force in shaping the future of technology.
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 $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.