Nvdabuy
NVDA Buy for long term appreciationNVDA has formed a perfect double bottom on the weekly and daily TF.
Semiconductors are performing well after truce between US-China trade wars.
Enter at current price for a nice 1:3 risk-reward ratio, or wait further retracement towards major support of 120 for a much bigger risk-reward.
TAYOR
NVDA - DAILY TREND - 26. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
DAILY STOCK MASTER SIGNAL
1 HOUR
Bullish pressure after taking out 259!
4 HOUR
Bearish waving market with bullish wave now, expecting it to rise more!
OVERALL
Following overall bullish trend and price pressure!
LEVELS
BUY NVDA @ 269.70
SL @ 264.70 (500 Pips)
TP OPEN, WE RIDE THE WAVE!
„We will move our SL every day! Be patient!
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NVIDIA: $265 Short Target CallNVIDIA is obviously going to pass the $250 threshold soon, but I think a short call that passes even $265 is imminent as well. The rise of NVIDIA's stock price was mostly pushed by the demand of GPU mining. However, NVIDIA is still a conservative buy. Even if GPU mining demand decreases, the fact is that NVIDIA started doing many things with AI. This includes AI SDKs, improvements on there processing algorithms, and large enterprise level research in scale. NVIDIA seems to be one of those unicorn stocks that been positive correlations for a while. Only time will tell if these spreads and correlations will continue.