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NVDA

NVDA ~ Long-Term Buyers ZoneNvidia ~ A beast of a company & Leader in the Semi-Conductors and Computer industry NVDA Stock has fallen nearly 60% with the recent market downturn. Nvidia has came to levels now attractive to buyers and is finding some Long-Term Support dating back to TrendLines from Years ago & Previous Resistance Zone in the Fall / Winter of 2020/2021. Though Nvidia had some bad news recently which has pushed it further in to this zone, long term outlook from the company has not changed one bit. As the Price of NVDA falls the value behind the stock only increases, with the p/e falling to near 35. Earnings are continuously growing annually, and this company is a monster in Tech. Long Term outlook here is strong, and the Risk/Reward near these levels are optimal for Long-Term investors. If NVDA Breaks Below its current demand Zone which I expect it to consolidate in, we could see a run down to $100 and then Pre-Pandemic Levels. TTM_Squeeze also indicates bearish momentum fading on the stock. Overall, my thesis for NVDA Long-Term (3-5 years) is strong and bullish for new fresh ATHs.
NASDAQ:NVDALong
by ZachSap
1
AFRM - Rising Trend Channel [MID-TERM]🔹Breakdown support of rising trend channel in the medium long term. 🔹Support at 13.81 and Resistance at 19.99 in Rectangle formation 🔹Slightly risen above the resistance level of 17. 🔹Technically POSITIVE for the medium long term. Chart Pattern: 🔹DT - Double Top | BEARISH | 🔴 🔹DB - Double Bottom | BULLISH | 🟢 🔹HNS - Head & Shoulder | BEARISH | 🔴 🔹REC - Rectangle | 🔵 🔹iHNS - inverse head & Shoulder | BULLISH | 🟢 Verify it first and believe later. WavePoint ❤️
NASDAQ:AFRMLong
by wavepoint99
NVIDIA - 200 DSMA and OBV Analysis An analysis of how the 200 DSMA and On Balance Volume can help us frame potential set ups for a Nvidia and what it might do next. Bullish Case and Invalidation Level Price is above the 200 DSMA at present and because we are breaking above a recent high on the OBV, this could signal higher highs for price similar to June 2020. Invalidation Level: This bullish scenario can be invalidated if the OBV breaks below the lower resistance line, in which case we can then expect a revisit of 200 SMA. Bearish Case subject to change of current trend If we fall below the 200 DSMA or/and get rejected from the overhead OBV resistance line this would indicate a trend change to the downside and this would look similar to the Oct 2018 signal. We could arguably be at a similar level to February 2020 (pre crash territory) which resulted in the orange handle price action in the prior cup and handle. A similar move would see use correct down to the 200 DSMA. In terms of trading, the OBV would be your lead indicator here, if it breaks its trend to the down side breaching the lower resistance line I would exit the trade. Similarly if it holds and reaches higher towards the upper OBV resistance line I would sit on the trade until we reach the line, at which point you could reduce your position and take some profit, or wait for a confirmation of rejection from the overhead line, then de-risk. The point is, these OBV levels should be able to help you make your decision on the trade, it is ultimately your decision. The chart is fascinating as current price action draws similarities to the Oct 2018 period, the Feb 2020 period and the June 2020 period, all of which were critical market moments. NVIDIA may be turning into a macro asset that can help us determine the overall market trend and direction. Hope this helps PUKA
NASDAQ:NVDA
by PukaCharts
1
Sell NVDA NowNVDA stock has topped. The run is over. And institutions are using Wednesday's earnings beat as a final chance to sell their shares while they can. Over the last 4-6 weeks we have witnessed many of these leading names roll over and retrace beneath their 50-day moving average – a key level that generally supports top stocks through the move higher. Despite the recent pullback in the market, Nvidia has held at its highs. Wednesday after the close, Nvidia reported earnings. And the results were better than anyone could have expected... Earnings $2.70 per share versus estimates of $2.08. Sales were $13.5 billion – 20% above expectations. And the company raised forward guidance (how much they expect to bring in next quarter) from $12 billion to $16 billion. They also announced a $25 billion share buyback which should act to propel the stock price even further. Investors got everything they wanted and then some. NVDA stock shot up 10% after hours. The news was so good, the entire Nasdaq index shot up 1% on the news. But Thursday, in the first few hours of trading, all of those gains were gone. The Nasdaq opened higher, and immediately began selling off. It fell 3% during the session. And NVDA was back where it closed the day before. This, to me, is a clear signal that the 2023 rally in tech stocks is over. The high was likely made on July 19th, and I doubt we see that level again this year. The 2023 high is in - both for the Nasdaq and Nvidia stock. Institutional sellers are very clearly selling into the good earnings news and using the demand as a chance to exit their multi-billion-dollar positions. Do not make the mistake of buying here. The party is over.
NASDAQ:NVDAShort
by rossgivens
1
NVDA Short: End of 5th Wave and huge reversal candleFrom my chart, it should be very obvious that the euphoria for NVDA has ended. We all know that this stock is over-priced. Yes, it is earning a lot more from the data centers (please see their financials if you are interested, but I don't trade from fundamental analysis). What we also know is that their executives have been selling into this price movement up. While a lot of the bears were heavily damaged during the past 5 months, I am here announcing that the end is here. The fabulous results from NVDA also triggered a lot of upgrades of price targets from major banks and other financial institutions. What I can say is, this is definitely an attempt at liquidity for the strong hands to exit. Good luck! Get the word out there!
NASDAQ:NVDAShort
by sngyuchao
NVDA Falls Flat Today Following Big Market BeatAs we navigate these uncertain times, we must remain cautious and closely monitor the developments in NVDA and the broader stock market. Unfortunately, NVDA witnessed a lackluster performance today, failing to maintain its momentum after the recent market rally. This decline may raise concerns and prompt us to reevaluate our trading strategies. While noting that a single day's performance does not determine the long-term trajectory is essential, it warrants closer observation. Considering the current state of the general stock market, keeping a watchful eye on NVDA becomes even more imperative. As we witness increased volatility and potential market fluctuations, staying informed and making well-informed decisions is vital. By closely monitoring NVDA's performance, we can gain valuable insights into the market sentiment and potential trends. Therefore, I encourage you to include NVDA in your watchlist and diligently track its movements. Keep an eye on the key indicators such as volume, price action, and any significant news or events that might impact the stock. Doing so, we can better navigate the volatile market conditions and make informed trading decisions. Remember, caution is vital during uncertain times. While the market may present opportunities, it is crucial to approach them with a measured perspective. By staying informed about NVDA's performance and its correlation to the broader market, we can position ourselves to capitalize on potential opportunities or protect our portfolios from potential downturns. In conclusion, I urge you to closely watch NVDA as it responds to the general stock market fluctuations. Take advantage of the tools and resources available to stay updated on the latest news, market trends, and expert opinions. We can navigate these challenging times more effectively by maintaining a cautious approach and being proactive in our analysis.
NASDAQ:NVDA
by bryandowningqln
NVIDIA: Fueling the Tech Stocks Rally with Record Results...NVIDIA: Fueling the Tech Stocks Rally with Record Results and Soaring Momentum NVIDIA, the star performer of the S&P 500 and Wall Street's darling stock in 2023, continues to lend robust support to global tech stocks. The company's recent release of quarterly results has cleared a towering bar and led to a surge in its stock price, propelling it to new all-time highs. Delivering Unprecedented Results NVIDIA, renowned for its cutting-edge chip technology, reported second-quarter results that shattered records across revenue, margins, and earnings. The driving force behind this exceptional performance is the surging demand for its AI chips and a resurgence in its gaming segment. Here's a snapshot of its remarkable achievements: 1) Q2 revenue more than doubled from the previous year to reach an impressive $13.5 billion, surpassing the forecasted $11 billion. 2) The company achieved an adjusted gross margin of over 70%, a new record high, leading to a fivefold increase in adjusted EPS compared to the previous year, soaring to $2.70, comfortably exceeding the projected $2.07. 3) NVIDIA's Q3 sales outlook of $16 billion has garnered substantial appreciation, outshining the Wall Street estimate of $12.4 billion. AI Dominance: NVIDIA's Choice of Partners The impressive results are a direct outcome of the escalating demand for advanced and powerful chips capable of running artificial intelligence and machine learning applications. Notably, major players in the global tech industry, including behemoths like Microsoft, Amazon, Alibaba, and Tencent, are racing to acquire NVIDIA's chips to upgrade their data centers. This strategic move will enable them to amplify their own AI services, leading to significant financial gains. This is a pivotal moment as NVIDIA is the exclusive provider of these critical chips, akin to supplying shovels during a gold rush. As the sole proprietor, NVIDIA stands to capitalize on this unique position, confident that its rivals will be racing to catch up in the years to come. Remarkable Surge: Datacenter Sales The mounting demand for advanced chips has translated into staggering results for NVIDIA, particularly evident in the datacenter sales for the second quarter. The company reported datacenter sales of $10.3 billion, which is more than double the figures observed just three months prior. Multifaceted Triumph NVIDIA's exceptional performance extends beyond AI. Sales of chips utilized in gaming consoles and other devices experienced their first increase in over a year, surpassing expectations. Moreover, the segment providing chips to the automotive industry continued to make strides. With AI driving the momentum and other business sectors back on track, NVIDIA appears to be firing on all cylinders. Wall Street's Bullish Outlook Wall Street's unwavering confidence in NVIDIA's potential led to a flurry of target price increases following the impressive quarterly results. JPMorgan, Wells Fargo Evercore ISI, and TD Cowen all elevated their target prices to $600, while Bernstein escalated its target to $675 from $475. Piper Sandler and Oppenheimer also raised their views to $620 and $650, respectively. A notable high target price of $1,100 was set by Rosenblatt. Even Morningstar, which previously held a Sell rating on NVIDIA, upgraded the stock to Hold. NVIDIA's average target price set by over 50 brokers surged to over $580, marking an increase from just $515 before the results were announced and a remarkable leap from below $300 a mere three months ago. This suggests the potential for over 15.5% upside, despite the stock reaching fresh highs, with some bullish analysts projecting a more than twofold increase in the next year. Navigating Potential Risks While NVIDIA is enjoying unprecedented success, potential risks loom on the horizon that could impact its trajectory, particularly as its share price and valuation climb higher. Key challenges include: 1) Supply Chain Dynamics: NVIDIA's performance hinges on its ability to meet market demand swiftly. Although current supply chain challenges have been managed effectively, the prospect of significantly scaling up chip output could pose challenges. 2) US-China Tensions: Trade tensions between the US and China, particularly in the semiconductor sector, present a substantial risk. Restrictions imposed on chip exports to China could impact NVIDIA's sales to a crucial market. 3) AI Investment Reality Check: The fervent demand for AI chips could face a reality check if businesses fail to achieve expected returns from AI investments. Tech companies will need to demonstrate the tangible benefits of AI applications to sustain investment levels. 4) Valuation Adjustment: NVIDIA's premium valuation may need to narrow as competitors catch up, potentially affecting its market position. NVIDIA's Trajectory NVIDIA's stock has surged over 8% in premarket trading, set to open at a record high of $507.50. As it enters uncharted territory, the current rise, although strong, is more moderate compared to previous surges. Nonetheless, the overwhelming consensus on Wall Street suggests that NVIDIA's momentum is far from waning. Despite trading at the lower end of analyst expectations, the stock has the potential to continue its ascent, with some experts projecting the possibility of doubling over the next year. As NVIDIA's journey unfolds, the tech world watches with anticipation for the next chapter in its remarkable trajectory.
NASDAQ:NVDALong
by FOREXN1
10
NVDA: Monthly Bearish ABCD Signal Pending Lowering Target to $80Last month I posted a setup that made the argument that NVDA was trading within the Pattern Completion Zone of a Bearish ABCD visible on the Monthly Timeframe and that all I was looking for was a Monthly PPO Confirmation Signal which would likely be triggered by a Bearish Negative Monthly Candle within the Zone; this situation remains the same we are still trading within the zone even after the earnings pop, but we simply haven't had that negative month yet, however it does seem like it will soon give me the signal that I want and it's something to pay attention to, at this point I'd say it'd be ok to put on a midsized bearish entry via 1-3 month NVDA Puts around the $480-$500 strike or NVDS Calls at the $36 strike and upon generating the bearish negative signal candle it will be appropriate to put on the full bearish entry. In addition, after the recent Price Action and Earnings, if we do get the signals we want here, NVDA will probably drop back down to around $80 The original setup can be found below:
NASDAQ:NVDAShort
by RizeSenpai
14
NVDA Analysis: Share Price Rises after Positive Report Postmarket, NVDA jumped +9% to break the USD 500-per-share psychological level for the first time, supported by strong Q2 data: → earnings per share: USD 2.70 (expected USD 2.08); → company revenue: USD 13.5 bn (expected USD 11.2 bn); → 3Q revenue forecast: USD 16 billion Nvidia also unveiled a USD 25 billion share buyback plan. Demand for NVDA shares also boosted stock prices of other AI-related tech giants: MSFT, GOOG, AMD. Bullish arguments: → the report showed that interest in the topic of AI remains, and NVDA can be the main beneficiary of this progress. By some estimates, over the next 10 years, companies will spend USD 800 billion building and training their models. → the price of NVDA shares exceeded the level of USD 480, which previously served as resistance. Now support can be expected at this level. → Also, a gap, which should be formed at the opening of today's session, will certainly be able to provide support. Bearish arguments: → resistance to the growth of the NVDA share price may be provided by the upper limit of the rising channel. It is possible that after the emotions from the strong report subside, there will be a correction — as an option, with a test of the psychological level of USD 500 per share. 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
1
Nvidia's stock has been suppressed by the 4.618 on gold splitNvidia's stock has been suppressed by the 4.618 on gold split This chart shows the weekly candle chart of Nvidia's stock in the past year. The graph overlays the bottom to top golden section of October 2022. As shown in the figure, the recent high point of Nvidia's stock has been suppressed by the 4.618 position on the gold split at the bottom of the figure! Due to NVIDIA's recent release of its second quarter financial report, its actual revenue was $13.51 billion, a year-on-year increase of 101%; Under non US GAAP, the net profit was $6.74 billion, a year-on-year increase of 422%, directly leading its stock to soar! However, it is not ruled out that there is a possibility of a bullish turn into a bearish turn. In the future, the 4.618 position on the bottom of the graph above the golden section can be used as the dividing line between bullish and bearish positions for Nvidia stocks!
NASDAQ:NVDA
by Think_More
Nvidia -> Earnings ObliterationHello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪 A couple of months ago Nvidia perfectly retested the lower support trendline of the major monthly rising channel and the next resistance towards the upside is roughly at the $800 level. On the weekly timeframe you can see that Nvidia is not slowing down at all and with today's massive +10% after hour earnings gap Nvidia just created new all-time-highs. Since the weekly and the monthly timeframe are both back to bullish now, I am simply waiting for a retest of the previous resistance at the $470 level which is then acting as strong support. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:NVDALong
by basictradingtv
28
NVIDIA - No Theatrics NVIDIA - NASDAQ:NVDA Earnings Release today (After Close) Earnings Est: 2.082 Reported: (TBC later today / will re-share) Revenue Est: $11.186 Bln Reported: (TBC later today / will re-share) Mid Term Chart - A correction would be welcome - Revisit of 10 month SMA @ c.$348 would be ideal Long Term Chart - Above 10 month SMA still - Could bounce off the 10 month SMA as it has in the past and continue upwards. - Losing 10 month SMA we cold fall into orange zone PUKA
NASDAQ:NVDA
by PukaCharts
4
NVDA's Earnings Report: Strategic Positions to Consider Introduction: It's time to rejoice as we dive into the exciting world of NVIDIA Corporation (NVDA) and explore the potential positions to consider after their recent earnings report. With the stock prices rising, let's embrace the positive vibes and strategize our moves to make the most of this profitable opportunity! 1. Riding the Momentum: NVDA's earnings report has sent shockwaves through the market, propelling the stock prices to new heights. As traders, we can ride this momentum and capitalize on the upward trend. We can join the celebration by positioning ourselves to benefit from the stock's bullish run and potentially reap impressive profits. 1. Long-Term Growth Perspective: NVDA has consistently proven its ability to innovate and adapt to the ever-evolving tech industry. With a strong focus on artificial intelligence (AI), gaming, and data centers, the company has positioned itself as a global leader. As the demand for these sectors continues to grow, NVDA's long-term growth prospects remain promising. Traders with a more patient approach may consider holding onto their positions, allowing them to enjoy the potential benefits of sustained growth. 2. Options Trading for Enhanced Gains: For traders seeking a more dynamic approach, options trading can offer exciting opportunities. With NVDA's stock prices on the rise, options strategies such as buying calls or employing bullish spreads can help magnify potential gains. By leveraging these strategies, traders can amplify their profits while managing risk effectively. 3. Diversification for Stability: While NVDA's recent earnings report has been impressive, it's always wise to maintain a diversified portfolio. By spreading our investments across different sectors, we can mitigate potential risks associated with any single stock. Consider exploring other promising companies in the tech industry or even different sectors, ensuring a well-rounded portfolio that can withstand market fluctuations. 4. Staying Informed: As traders, staying informed is crucial for making sound investment decisions. Monitoring NVDA's news, industry trends, and quarterly reports will provide valuable insights into the company's performance. Additionally, monitoring the broader market sentiment and potential catalysts can help guide our positioning strategies effectively. Conclusion: With NVDA's earnings report driving its stock prices to new heights, it's an exciting time to be a trader. By capitalizing on the momentum, adopting a long-term growth perspective, exploring options trading, diversifying our portfolio, and staying informed, we can position ourselves for success and potentially reap significant profits. Remember, trading is both an art and a science, and embracing a positive mindset while making informed decisions is the key to thriving in the market. So, let's celebrate NVDA's success and embark on this profitable journey together!
NASDAQ:NVDALong
by bryandowningqln
2
"Investors Await NVDA's Impressive Earnings PerformanceGet ready, traders! The highly anticipated earnings report from NVIDIA Corporation (NVDA) is just around the corner, and analysts are placing their bets on a target rise for this tech giant. If you want to make serious gains, now is the perfect time to consider going long on NVDA. Analysts have been closely monitoring NVDA's performance, and the consensus is clear: they are expecting an earnings beat. This positive sentiment has fueled excitement among traders and for good reason. NVDA has a strong track record of delivering impressive results, and this upcoming report is expected to be no different. With the demand for graphics processing units (GPUs) soaring, NVDA has been at the forefront of this technological revolution. NVDA's products have become indispensable in various industries, from gaming to artificial intelligence and data centers. As the world continues to rely on advanced technologies, NVDA's growth potential seems limitless. But what does this mean for traders like you? Well, it presents an incredible opportunity to capitalize on NVDA's success. By going long on NVDA, you can potentially ride the wave of its target rise and reap the rewards. So, how can you take advantage of this exciting opportunity? It's simple. Consider adding NVDA to your portfolio and position yourself for potential gains. With analysts betting on an earnings beat, now is the time to act. Remember, trading involves risks, and you must do your due diligence before making investment decisions. However, with NVDA's solid fundamentals and a promising outlook, going long on this stock could be a strategic move that pays off. Don't miss out on the potential gains that NVDA may bring. Take action now and position yourself for success. Whether you're a seasoned trader or starting NVDA, target rise is an opportunity you won't want to miss. Disclaimer: This article is for informational purposes only and should not be considered financial advice. Trading involves risks, and it's essential to consult a professional financial advisor before making investment decisions.
NASDAQ:NVDALong
by bryandowningqln