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Nvidia

Nvidia long position ongoing. Hello traders. Just wanted to share an ongoing Nvidia trade with opportunity to still enter before market reopen. Working the H1 time frame here on this stock using a follow trend script. Nvidia is a great example of how the script I'm using can be used on stocks if you operate on lower time frames to catch the ups and downs needed for working those lower time frames. On this stock I'm using the script to work to a stop loss and take profit target. Back test data is show at the bottom of screen on three years worth of data. For anymore information please drop me a message.
NASDAQ:NVDALong
by RichScott
NVDA to All Time HighsGood morning traders, today we want to share our analysis in NVDA. 🔸Needless to say, it is a stock that has been extremely bullish for a long time. 🔸This year, the price had an increase of more than 200%, and with very few corrective processes, one at the beginning of the year with the downside move suffered by most of the assets, and the current correction, which is 25%. 🔸Respecting the bullish vision, we consider that after the current consolidation process, we will see a new upside move, which will again lead to record highs. 🔸Of course, this will be valid only if the price can penetrate the resistance zone, since while it is inside the retracement, we cannot define when the breakout will happen. 🔸The estimated minimum price of increase is 20%, which is the size of the correction range, projected upward.
NASDAQ:NVDALong
by ThinkingAntsOk
9
NVIDIA lower channel retesting, possible bull run to 591$Possible NVIDIA bull run after bouncing the lower boundary of the 2020 channel. This channel provided great results this year and I'm betting it will bounce once again. It worked 3 times already, why shouldnt a 4th one? See chart. Final target to be reached before earnings in 20 days. Careful since it may need a clear strong bull market signal to actuall rocket. PT 1 intermediate:550$ PT 2: 570$ PT final: 591$ Stop loss if it breaks the big channel or if market crash hard due to USA elections.
NASDAQ:NVDALong
by Ankel-ssj
AMD whats your next move?😩 Some times we are faced with difficult decisions in the trading/investing space and this comes from the psychology and emotion of the game. 🐻 I pride my self on being pretty emotionless when trading, in fact some times I can be pretty brutal when it comes to day trading shorter time frames. But I dont just trade and there is a big difference between trading and investing. 👨‍💼 I invest into other asset classes as a defensive play or a way to hedge into global markets and this comes from the saying "never put all your eggs into one basket" You see if all you did was trade the one asset and just keep accumulating and accumulating to the point the majority or all of your wealth is in the one asset, if anything where to happen like say...Apple closes the doors one day, the ethereum blockchain gets hacked, or the USD collapses, you will quickly see your hard earn disappear very very quickly. 🐻 So I have learnt over time to play other markets, industries and asset classes as a defensive move to protect my wealth. Precious metals and other commodities, foreign currencies, and even equity markets which can be broken down even more into multiple industries like pharmaceutical, banks, real estate, entertainment and payment systems. 🥰 Over the last 12 months I have been really enjoying the long term growth in the US markets playing on the New York Stock exchange, but today I'm faced with a dilemma .....and I feel like I'm breaking one of my rules. 🤓 A while ago now I jumped into AMD at $33, I'm sure you have all heard of them, they are a huge CPU/GPU manufacturer for computers and graphics cards, something that is mass produced and for ever evolving. Recently there competitor Nvidia came out with there new range of graphics cards and AMD took a small hit while there competitor shot up...How ever. Nvidia's launch was not the best and there has even been some issues with there new cards and bad reviews, and to hit back AMD now releasing details of there new Zen chips which look to blow Intel out of the water yet again. 😤 So we have some pretty bullish fundamentals, but here is the problem I'm faced with. The chart is cooked lol We are well and truly off the long term growth trend, we have had a parabolic run then accumulated with in a tight zone and now seem to be forming a flag pattern on the higher time frames. Technical's are telling me "be happy with your return, drop your bags and wait for another entry back on the long term trend". But I'm a massive AMD fan boy, I run there cpus in all my pc's and laptops, i even use there graphics cards and I feel like the new Zen chips could see some more spikes on the charts in coming months... 👉 This is why its important to separate emotion from the charts, it clouds your judgement, you doubt your self and often end up making poor decisions. The downside seems temporary and I'm confident on a return to the bullish trend which in tern will provide more steady growth long term. A rise from this flag will see us deviate further from the long term growth hinting the chance of a much larger correct to even pit us below the long term growth which can in some cases on a technical stand point indicate a down trend forming... what to do what to do?
NASDAQ:AMDLong
by DeNomics
2