alfredomares2019

alfredomares2019

NVIDIA Stock Analysis and Future Outlook: September 2024 Update Overview: NVIDIA (NVDA) continues to exhibit a robust upward trend, consistently trading within a rising channel. The stock's performance is supported by both strong technical signals and fundamental factors. NVIDIA has established itself as the leader in the AI hardware space, benefitting from...

alfredomares2019

Looking at the weekly chart (1W) of Apple (AAPL) with the vertical lines marking the dates of iPhone launch events, we can attempt to identify a more consistent pattern around these events. Key Observations: Pre-Launch Price Rally: In nearly all the iPhone launch events, we observe a notable pre-event rally. This suggests that investors tend to buy Apple stock...

alfredomares2019

Overall Trend: NVIDIA (NVDA) has been trading within a well-defined upward channel on its daily chart, which has guided the stock's price since late 2022. This channel underscores a strong, long-term uptrend. Moving Averages: Short-Term: The stock is currently consolidating around its short-term moving averages, which have acted as dynamic support. Despite the...