Nvdalong
Nvidia's runaway gap could keep it king of the NasdaqWhilst Meta platforms has closed the gap with Nvidia in terms of YTD performance on the Nasdaq 100, Nvidia remains king of the crop having climbed over 170% from its 2022 low.
Prices blew past their previous record high set in 2022, and since consolidated around the current cycle highs. An initial inspection of the higher timeframes suggests it could be 'overbought' - at least over the near-term. But to expect a solid reversal of gains would likely require the combination of a broader market downturn alongside loss of confidence in AI (with the latter feeling unlikely at present). Therefor, a broader market downturn could simply provide the catalyst for a pullback and for AI-bulls to load up at more favourable levels. And if a downturn does not occur? We could be looking at a breakout from its current consolidation.
Assuming the recent swing lows hold and prices break higher, it could trigger another bout of technical buying from those who identified the 'runaway gap'. Such gaps tend to appear around the midway point of a strong trend, and mark another round of strong buying as those who missed the first move cannot sit on their hands any longer. And with the AI frenzy unlikely to peter out for some time, perhaps a bullish breakout isn't so crazy (even if the charts suggest it could be overbought by some measures).
⭐NVIDIA - Best Buy of the Decade? ⭐⭐⭐⭐NVDA stock has massive growth prospects and its strong fundamentals prove it.
Not sure about the 'Best Buy of the Decade' part but it is definitely a STRONG BUY!
- acquisition of the UK Based Arm. Once this deal closes, Nvidia will enjoy a competitive advantage in the industry. It also will become a major player as a provider for the chip industry and will rule the world of AI.
- Nvidia is making its presence felt across several industries (AI, gaming, crypto mining, defense, electric cars, everywhere NVIDIA) and the demand for its chips is only increasing each quarter
- NIO partnership to Develop a New Generation of Automated Driving Electric Vehicles
- ⭐STOCK SPLIT in 5 days (July 20th)⭐⭐⭐⭐
⭐NVIDIA(NVDA) has announced a four-for-one stock split – to make stock ownership more accessible to
employees and investors. Each shareholder as of July 20th will receive a stock dividend of three additional
shares.
⭐This is like a Cash Dividend but in a form of stock, and it dilutes the high share price while the market cap
and fundamentals remain the same. Starting July 21th , trading will be done on a stock split-adjusted basis.
⭐NVidia split stock means that new investors with limited capital can afford purchases of
NVidia's stock. This potentially provides a significant boost to public involvement and
therefore higher Demand for NVidia shares leading to potentially higher prices,
⭐Take a look at TESLA split and you will probably agree with the statement (Tesla had a
stock split a year ago and its obvious from the chart – it was huge success to Shareholders.
Price went up almost 80% In a matter of 3 weeks, and then after period of consolidation price went up for a New All Time High, banking extra up to 125% for its shareholders.
Therefore, As history repeats –We can potentially expect similar results from NVDA split.
We can buy and hold or you can trade it. I will do both and for sure it will be a fun occasion and I doe xpect a dip to buy when the price will consolidate. That's the best part of the deal fellows.
I am LOVING it,
the FXPROFESSOR
AI strategy drives NVDA MSFT GOOG METAAs we navigate through the ever-evolving world of technology, it is becoming increasingly evident that artificial intelligence (AI) is the driving force behind some of the biggest players in the market. Companies such as NVIDIA (NVDA), Microsoft (MSFT), Google (GOOG), and Meta Platforms (META) have all implemented AI strategies that have propelled them to the forefront of their respective industries. In this email, we will explore how these companies are utilizing AI to gain a competitive edge and what it means for their future growth potential. So, buckle up and let's dive into the world of AI and its impact on the stock market.
Additionally, it's crucial to have a long-term investment strategy and to not make emotional decisions based on short-term market fluctuations. It's also wise to diversify your portfolio across different industries and sectors to minimize risk. Seeking the advice of a financial advisor can also be helpful in making informed investment decisions.
Additionally, it's important to have a long-term investment strategy and not make emotional decisions based on short-term market fluctuations. It's also wise to consider factors such as the company's financial health, industry trends, and management team before investing in individual stocks. Diversification is key to managing risk, so it's advisable to have a mix of individual stocks and diversified portfolios in your investment portfolio. Finally, seeking the advice of a financial advisor can help you make informed investment decisions and manage your risk effectively.
NVDA: Short of the Century (Fork In The Road- Thrice Potentials)The after-hours price action on NVDA is a best case scenario imo. Put Option Premiums have dropped off a cliff, 33 times
more aggressively than I had hoped we would see. With this kind of momentum, it could take a while for it to break down,
so positioning into the fall or early 2024 is probably the smartest plan of action. But for the true gamblers out there,
there are rare potential opportunities for huge gains if you are willing to lose what you pay in premiums obviously.
There are so many reason why this rally was not sustainable and those reasons have increased 13 fold at the current prices.
SasanSeifi 💁♂️NVDA / 1D ⏭ $266 /$285? HI TRADERS ✌The possible scenario of NVDA is specified. As you can see, after breaking the downward trend, the price was able to grow up to the range of 230 and after a little price correction, it started to grow again from the range of 204. Currently, the price is in the range of $238 due to the breaking of dynamic resistance and pullback to the level of dynamic resistance. We can expect the price to continue to grow to the range of $266 and $285 and see a new HH.
Important support ranges are $220 and $196.
❎ (DYOR)...⚠⚜
WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌
IF you like my analysis please LIKE and comment 🙏✌
NVDA - Cup and handle pattern breakoutWhat we can see on the chart is a cup and handle pattern. The price is just breaking out so it's a time to take a long position.
Target: 269 $
MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA.
Moreover, the price has been on a higher lows trajectory. Easy long.
Good luck
NVDA bullish continuation?$NVDA soars before market opens after beating the earnings estimates. it also got a price upgrade from few analyst from 225 to 255 or 275
below is my key level for day trading entry and exit.
NVDA average price move per day is $7-$10 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TSLA:
Buy call above 237.87 and sell at 242.49+ or above
Buy puts below 232.12 and sell at 227.35 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
Nvidia -> Breakout TimeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move.
The past couple of weeks Nvidia already started this bullish move, we now just broke about a weekly resistance area so I simply do expect the continuation towards the upside from here.
With earnings coming out yesterday, the market today gapped higher 15%, breaking also a daily resistance area so I am now just expecting a retest of the previous resistance, now turned support, and then the continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVDA NVIDIA Corporation Options Ahead of EarningsLooking at the NVDA NVIDIA Corporation options chain, i would buy the $180 strike price Calls with
2023-3-17 expiration date for about
$16.35 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Remember, this is a medium term play, we could not necessarily see instant results.
Looking forward to read your opinion about it.