Nvidia
$NVDA headed for a reversalNASDAQ:NVDA headed for a reversal. Looking at candlestick patterns on 15th June 2023, NVDA is losing steam and trend reversal is suggested. Some other indicators are also bearish. The near term resistance levels I see are $438.14 | $446.31 | $462.62
By the end of August 2023 I would not be surprised to see NVDA trading at or below $350
*Disclaimer*
The information is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
Harnessing the AI Revolution: A Powerful Surge with NVIDIA, GoogThe future is now, and it's coded in the language of Artificial Intelligence. As investors, we have a unique opportunity to be part of this game-changing journey. My personal story began with NVIDIA, an industry leader in AI and graphics processing. Acquiring NVIDIA shares two months ago was akin to boarding a spacecraft destined for new frontiers. The ride has been exceptional, with returns exceeding my expectations.
But, the vast landscape of AI is not limited to one planet. There's a whole universe to explore, and I decided to broaden my horizons. Hence, I ventured further, incorporating three other stellar entities into my portfolio - Google, Microsoft, and IBM. These industry titans are carving their paths, harnessing AI to innovate, and influencing global trends.
My portfolio is not just an investment; it's a belief in a future shaped by AI, a testament to a revolution unfolding right before our eyes. Join me in this journey, as I share my insights, strategies, and perspectives on navigating these high-tech tides. Together, we can capitalize on the industry that is relentlessly and rapidly shaping our tomorrow. Remember, the revolution might be digitized, but the rewards are very real.
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.NVIDIA's price action last week was a historic event in the markets, and at a very strange time. Whenever you see such an outlier, it's time to perk up and really give a deep think to what's going on in the world at large.
For me, I had long since anticipated NVIDIA would print a new ATH, but I did not believe it would do it until the markets at large had started to moon, which I stated in a March call, which turned out to be pretty accurate.
NVDIA - Expect Sideways Until Bear Puts Expire Worthless
The fact that a megacap could take out the November of 2021 highs before the Fed started hiking is extremely indicative of what's going on, namely that the indexes and the market at large are sure to follow.
I've heard some pretty good theories that NVIDIA being able to do what it's done has a lot to do with Chinese Communist Party entities running a "boomerang" through Cayman Islands-based proxies that are shuffling liquidity through big enterprises like the US banks located in Hong Kong.
NVIDIA also reportedly relies on Taiwan-based TSMC to make its processors, and right now, Taiwan is the springboard for the western globalist interests to attempt to take control of Mainland China when the CCP collapses in the upcoming future.
The Party has recently stated that the mainland is scheduled to get hit up by 60 million new cases ***per week*** of the nouveau variant of the Omicron version of the Wuhan-originating Coronavirus Disease, and yet the Communist Party is not reporting any hard figures on case counts and death through the global faucets, and has not since Xi dropped the Zero COVID social credit scheme in January.
And on top of that is the soon-to-be 24 year long persecution of Falun Dafa by Jiang Zemin and its Shanghai faction combining with the CCP itself, a persecution that targeted 100 million people and committed the unprecedented sin of live organ harvesting.
The sin of the persecution is so enormous that once brought into the public eye, no matter who you are in this world, you'll be brought down as retribution for evil.
So there's a lot to watch out for in geopolitical tensions, and a lot at play. The biggest thing right now is that the markets are set to pump to provide people with a new distraction as they try, once again, to get rich, and quick, instead of paying attention to what is important in life.
Everyone is now convinced that NVIDIA is unshortable, and some are even looking for a mild pullback to go long on the "parabolic trend line."
Frankly speaking, there's a lot of risk in buying ATHs when you're dealing with something governed by a clever MM, and if the Q2 ER scam doesn't convince you that NVIDIA's MM is clever, "Sorry, I don't have time to explain it to you."
In making this call, I would like to say that NVIDIA going parabolic is pretty likely.
I'd also like to say that some formation like this, which we saw on Sun Microsystems in the Dotcom bubble, is also pretty likely:
If the Sun fractal is valid, then this call is invalid. How it would play out is kind of like what Boeing did in 2018-19:
Or what BTC CME Futures has already done
Meaning that shorting will remain extremely risky, but going long won't necessarily have any opportunities to meaningfully pay.
However, if the MMS are intending to conduct a turtle soup into a three drives/three Indians pattern, you do actually have the opportunity to Shortgod the top, get long at the bottom, and collect an even bigger trade.
What this would involve is that starting in June NVDIA begins to retrace, and if it were to be so, it would likely retrace with a consistency that is as good as selling volatility has been in the last 9 months.
It would refill the May gap completely, and rebalance the unbalanced March gap, which coincides with the recent market structure's range equilibrium at $250 and the week of April 24's pivot.
Many have said that the debt ceiling crisis being resolved by the Federal government often results in a stock market crash since the market has to absorb all the new TBonds that the Treasury has to issue to keep the government afloat.
If you couple that with how the market didn't go down at all during the debt ceiling crisis itself, a bear impulse appears more and more likely.
If it were to do this, NVIDIA would also never print a $1 trillion market capitalization despite being so close.
NVDIA likely would quickly bounce at this point and then the target would be one standard deviation above the May high, coming in at $540, which would also take the psychological $500 level.
Doing this will encourage and trap bears all the way down, and then slaughter bulls over $500. Doing this will slaughter the bulls that have already bought the top, and at present, the bears have literally all been killed.
Projected time frame for this to happen would be something like a September bottom and the top would come in the middle of '24 with the next U.S. Presidential Election on the horizon.
Of course, that assumes that the world remains in good enough shape to be stable in any way a year from now.
I do not have conviction that this will be the case it will play out, but I wanted to post this theory because the timing, logic, and price action all support it strongly, and it's the one scenario that nobody is considering, which also happens to generate a lot of alpha if you can get on top of it.
Artificial intelligence: signs of acceleration in 2023“One final investment area that I’ll mention, that’s core to setting Amazon up to invent in every area of our business for many decades to come, and where we’re investing heavily, is Large Language Models (“LLMs”) and Generative AI. Machine learning has been a technology with high promise for several decades, but it’s only been the last five to ten years that it’s started to be used more pervasively by companies. This shift was driven by several factors, including access to higher volumes of compute capacity at lower prices than was ever available. Amazon has been using machine learning extensively for 25 years, employing it in everything from personalised ecommerce recommendations, to fulfillment center pick paths, to drones for Prime Air, to Alexa, to the many machine learning services AWS offers (where AWS has the broadest machine learning functionality and customer base of any cloud provider). More recently, a newer form of machine learning, called Generative AI, has burst onto the scene and promises to significantly accelerate machine learning adoption.”
Amazon.com CEO Andy Jassy1
When Amazon’s CEO makes such a statement, we pay attention. In 1997, Amazon.com had revenues of $147.8 million; in 2022, this figure was $434 billion for Amazon’s consumer business. Amazon Web Services was conceptualised in 2003, with the first services launched in 2006 and, in 2022, generated $80 billion in revenues.
Elsewhere, The Stanford AI Index Steering Committee, Institute for Human-Centered AI (one of the best annual resources on artificial intelligence), have also just released a new report. Artificial intelligence (AI) is, undoubtedly, a big topic in 2023, and this report provides an excellent resource for understanding how it is progressing. The full piece is almost 400 pages, but we wanted to highlight some key points.
ChatGPT was not the only big AI development of 2022
On November 30, 2022, ChatGPT was launched, but the Stanford AI Index report helps us remember other notable events in 2022. Our 5 favourites:
February 16, 2022: DeepMind trained a reinforcement learning agent to control nuclear fusion plasma in a tokamak2. While this doesn’t mean that fusion powerplants are immediately around the corner, it does show a notable use case for AI to help scientific research in a very, very difficult area.
April 5, 2022: Google released its PaLM large language model with 540 parameters. This was an important step, showing that one avenue to improve the performance of these models was to simply train them on more data. As of this writing, we do not know how this figure compares to the number of parameters in use for OpenAI’s GPT-4.
May 12, 2022: DeepMind showcased Gato, which is a model that can generalise across such activities as: robotic manipulation, game player, image captioning, and natural language generation.
June 21, 2022: GitHub makes Copilot available as a subscription-based service for individual developers. Copilot is a generative AI system that can turn natural language prompts into coding suggestions across multiple languages.
July 8, 2022: Nvidia uses reinforcement learning to design better-performing GPUs, accelerating the performance of its latest H100 class of GPU chips.
Insights on global corporate investment
AI has been one of the hottest areas for corporate investment, but Figure 1 shows the total level of investment shifted downwards, from $276.14 billion to a level of $189.59 billion in 2022 with the market volatility.
The two biggest categories comprising the level of AI investment recently has been ‘Merger/Acquisition’ and ‘Private Investment.’ Both of these categories dropped significantly from 2021 to 2022, but this is not surprising in that both of these would be expected to slow in a less certain economic environment with the US Federal Reserve quickly raising the cost of capital.
One of the most informative charts in the 400-page report is the specific focal areas of investment, and how they have changed.
‘Medical & Healthcare’ was the biggest focal area in 2022, after being second biggest in 2021, trailing only ‘Data Management, Processing and Cloud.’
‘Cybersecurity, Data Protection’ was the fourth biggest investment area in 2022 and the largest that saw an acceleration in investment, meaning investment in 2022 was actually larger than in 2021. The Russia/Ukraine conflict in 2022 created a big focus on cybersecurity.
There is little question, the first four months of 2023 have seen a massive focus on AI, and a massive focus usually leads to at least some hype and some risk of near-term overvaluation. Sometimes this is the nature of thematic investment—we all want something to get excited about, especially if economic growth and geopolitics are less positive. What is emphasised in the letter from Amazon.com CEO, Andy Jassy, and then measured in the 2023 Stanford AI Index report, is that the AI megatrend is continuing to grow and increase in its impact on society and on businesses.
Sources
1 Source: aboutamazon andy-jassy-2022-letter-to-shareholders
2 A tokamak, put simply, is somewhat of a doughnut in shape and is a device used to contain the plasma in a fusion reaction.
NVDA - MyMI Option Plays - PUTsNVDA hit resistance yet again at $394.97 so we closed our Calls this morning and captured some decent profits.
We have purchased some PUTs to carry us over the weekend for a cool-off period before the markets continue pushing forward if they even push much further than here.
We believe volume has leveled out across different stocks now after all the profit taken and NVDA and other Tech carrying the Markets higher.
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).
NVDA - MyMI Options PlaysWe sold our NVDA PUTs that we were carrying since last Friday and purchased 2 separate Calls on 2 different Expiration Dates with the intention of selling the shorter timeframe sooner and using the profits for reversals while the longer-term option played out.
I expect this to at least retest the $395 Levels if not $404 by the end of next week if not tomorrow.
Due to time decay over the weekend, will have to consider if the profits obtained by the end of the trading session tomorrow (Friday 6/8/23) is worth losing the money over the weekend waiting game + any external variables that may cause the stock's current trend to shift/deviate.
NVDA: Bullish Divergence Preparing to Bring it to $444NVIDIA is showing some subtle MACD Bullish Divergence at the 55EMA while forming a potential Bullish Dragon Pattern that could propel it into a Bullish BAMM which may bring it up to the levels of $410-$444 depending on rather it chooses to be a Deep Gartley at a minimum or a Crab Pattern at the maximum.
Overcoming Regret: How To Move Forward and SucceedRegret is a common emotion experienced by traders when they miss out on opportunities or a trade they took doesn't go the way they believed it would. It is a feeling of disappointment or dissatisfaction with a decision that has been made or not made. In trading, the fear of missing out (FOMO) can often lead to irrational decision-making, which leads to missed opportunities or poorly timed entries. Today we will explore the psychology of regret in trading and provide tips for dealing with missed opportunities.
The psychology of regret:
Regret is a complex emotion that can be triggered by many factors when trading. In trading, regret is frequently stirred up by missed opportunities. When an opportunity slips past a trader, they may experience disappointment, frustration, and anger. These emotions can lead to irrational decision-making, often resulting in further missed opportunities or poorly executed trades.
One of the reasons why traders experience regret is due to the phenomenon of counterfactual thinking. Counterfactual thinking is the process of imagining alternative outcomes to past events. When traders miss out on an opportunity, they may engage in counterfactual thinking by imagining what could have been if they had made a different decision. This can lead to feelings of regret and disappointment.
Another reason why traders experience regret is due to cognitive dissonance. Cognitive dissonance is the discomfort that arises when one feels a conflict between beliefs and actions. When traders miss out on an opportunity, they may experience cognitive dissonance because their faith in what they see in the market may conflict with their actions.
How do we deal with missed opportunities?
Dealing with missed opportunities is a principal aspect of trading psychology and maintaining a positive mindset. Your trading strategy and plan may have a strong foundation, but our own mind is often the biggest obstacle we face in trading. Here are some tips for dealing with missed opportunities.
Accept that missed opportunities are a part of trading:
Missed opportunities are a part of trading. No trader can catch every opportunity that arises in the market. Accepting this fact can help traders cope with the disappointment and frustration that can manifest when opportunities are missed. If we do not recognize this we may start to make brash decisions, which can lead to over-trading. Overtrading can lead to losses that may impact your trading mindset, more negatively than simply missing an opportunity.
Learn from missed opportunities:
Missed opportunities can be a valuable learning experience for traders. By analyzing the reasons why an opportunity was missed, traders can learn from their mistakes and improve their decision-making in the future. However, it is important to be careful with this, one or two missed opportunities do not mean you need to question your entire strategy. It is important to take a step back and objectively look at what happened and analyze if there were possible opportunities for improvement.
Focus on the present moment:
Focusing on the present moment can help traders avoid counterfactual thinking. Do not get sucked into making FOMO decisions and entering trades at poorly executed times. Instead of dwelling on missed opportunities, traders should focus on the current market conditions. As traders, we need to be forward-looking to explore new opportunities that can be confirmed by a robust yet simple trading system.
Talk it out with other traders or a trading community:
Talking to other traders or a trading community can help traders deal with missed opportunities and regret. Other traders can provide support, advice, and a fresh perspective on the given situation. You might be surprised to find out you are not alone in how you feel about missed opportunities. A trading community can also offer a sense of belonging and understanding, which can be helpful in managing other difficult emotions when trading.
Conclusion
Regret is a complex emotion that can be triggered by a variety of factors when trading, and if you have felt it, you are definitely not alone. Dealing with missed opportunities is a critical part of trading psychology as it happens to everyone at every skill level. By accepting that missed opportunities are a part of trading, learning from missed opportunities, focusing on the present moment, and talking to others, traders can cope with the disappointment and frustration that comes with missed opportunities and improve their decision-making in the future.
"The Rothschilds have reduced their position in Nvidia!"The Rothschilds have reduced their position in Nvidia!
Benjamin Melman, Global Chief Investment Officer (CIO) of the fund manager Edmond de Rothschild, has revealed that the firm has been overweight in Nvidia since late 2020, but has now partially taken profits and now holds a "much smaller position"
Eight years of ownership, during which it has "paced" its additions and deletions
The position in Nvidia was increased in 2015 when Nvidia's results first exploded. At one point the position was as high as more than 1.6 million shares.
In the slow rise in Nvidia's share price, the holding was finally reduced to less than 10,000 shares in the first quarter of 2018. By this time, though, Nvidia shares had also risen from near $4 in 2015 to near $60, an estimated 15-fold increase.
After 2018, the ups and downs of virtual currencies sent Nvidia's share price on a rollercoaster ride. late 2021 saw the collapse of virtual currencies, which saw Nvidia's share price slump for a time as well.
During this period, Edmond de Rothschild seems to have "stepped in" to increase and decrease his position each time.
Then in late 2022 he plunged 200,000 shares of Nvidia ..... This really is a bottom ..... I basically bought at the lowest point and told everyone today that I sold out
U.S. valuations are here, but the A-share is going under license!
Another hair first Nvidia EVP, CFO Kress Colette also on May 30, 2023 U.S. time ongoing sale of the company's equity. Sure enough, the leader goes first
Nvidia -> The Final ConsolidationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction.
You can also see that we do have the next previous resistance zone which is now turned support exactly at the $325 area so I am now just waiting for Nvidia to actually retest this zone and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Nvidia stock is currently stuck in between support and resistance - nothing too interesting for now, I am just waiting for a break below the previous support area at $375 and then I do expect Nvidia to fill the gap and retrace back to the $325 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
⭐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
Semiconductors NVIDIA and TSMC Vs BTC Ratio Semiconductors Vs BTC Ratio
- Since Sept 2017 we have been in a range
- The 3 channels are periods Semiconductors(SCRs)
performed better than BTC.
- The red resistance has been a sell indicator for SCRs.
- Exiting the 3 channels also meant sell SCRs.
Within months we are reaching a potential exit point for SCRs with BTC potentially offering better returns once we reach resistance or leave the current channel.
Factoring in yesterdays tweet regarding TSM, the next 3 - 6 months will be pertinent for SCRs and will likely provide a final upward thrust and an exit opportunity. It is possible that we break the resistance on the chart however this has not happened since Sept 2017 and may not happen. If it does we can reenter on a retest of the resistance turned support. I would still sell having enter the resistance.
This chart gives us another metric to watch for the SCR and BTC trade simultaneously. With AI making news lately the AI driven sentiment could offer the final thrust and exit position opportunity we are looking for for NVDA & TSM. Given NVDA has has such an epic move and factoring in that TSM appears to be signaling that its now its turn to rise (yesterdays tweet), my positioning would be into TSM. Furthermore, anyone wanting to diversify an AI holding, may sell NVDA into TSM. We shall see. A fascinating sequence of events that we can observe and trade off over the next 3 - 6 months.
PUKA
A Deep Dive into NVIDIA's $960B Success Beginning their journey in a modest Denny's, Nvidia has skyrocketed to become a dominant force in the technology industry. Outshining major tech players, Nvidia's $960 billion market cap now overshadows Facebook ($665B), Tesla ($618B), and Netflix ($168B). It's their monumental growth that solidifies our confident and long-standing endorsement of Nvidia.
Nvidia's Game-Changing Invention: The GPU
Back in 1999, Nvidia transformed the technology landscape by introducing the world to the graphics processing unit (GPU). Their GeForce series swiftly emerged as a crucial asset for PC and console games requiring advanced graphics.
Elevating GPU Programming: The Launch of CUDA Computing Platform
Nvidia didn't halt their innovation at GPUs. In 2007, they unveiled the CUDA computing platform, which revolutionized GPU programming and led AI enthusiasts towards Nvidia's superior technology.
A Nvidia representative noted, "We acknowledged early that accelerated computing was necessary to address the world's most pressing issues. Thus, we committed to crafting CUDA in its entirety, thereby bestowing millions of developers with the capability of general-purpose acceleration."
GPUs & Generative AI: A Perfect Pair
GPUs, as it turns out, are ideal for the rigorous data processing and model training needs of generative AI. Nvidia stands unrivalled in providing large memory chips, with their top-tier A100 series costing $10K each.
Envisioning a CPU to Gen AI Shift: CEO Jensen Huang's Market Forecast
Nvidia's CEO Jensen Huang anticipates a substantial shift in the trillion-dollar data center market: "Historically, data centers globally were 100% CPU-based. However, I predict that in the next 5-10 years, a large portion of this $1 trillion market will be dominated by gen AI."
With the tech gold rush in full swing, Nvidia's GPUs are shaping up to be the most lucrative 'shovels' ever seen.
Our unwavering support for Nvidia from the outset is a testament to their relentless innovation, risk-taking prowess, and strategic brilliance. They're not merely reshaping the future of technology; they are a shining example of the transformative power that aligns ambition, vision, and action.
#AMD3 Leveraged 3x Long with American Micro Devices StocksAll the World chipmakers are on the rush this night, due to Nvidia Q1'23 Earnings Report.
LSE:AMD3 is the Leverage Shares 3x AMD ETP Securities that seeks to track the iSTOXX Leveraged 3x AMD Index, which is designed to provide 3x the daily return of Advanced Micro Devices, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock.
It invests directly in the underlying Advanced Micro Devices, Inc. stock and uses margin (borrowing) to purchase additional shares of Advanced Micro Devices, Inc. stock.
For example, if Advanced Micro Devices, Inc. rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Advanced Micro Devices, Inc. falls by 1% over a day, then the ETP will fall by 3%, excluding fees.
Key Features
• Opportunity to magnify returns in one simple trade.
• Liquid. Trades like an equity on exchange, with multiple market makers (MMs).
• You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls.
• Simple to trade, no need for futures, no need to use margin accounts.
• Transparent structure with full ownership of the underlying assets, so credit risk effectively negated.
• Is independent and managed by industry experts.
Key Risks
• Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns.
• Investors can lose the full value of their initial investment (but not more).
• Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk.
• Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works.
• Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor.
• Only use these ETPs if you can monitor your positions daily or during the day.
• Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product.
Key TA Highlights
• LSE:AMD3 trades higher its weekly SMA(52), since middle of the May, 2023
• Technical picture indicates the possibility to further 100 per cent upside price action.