Nvidia has seen massive growth in the past year. They will be announcing Q1 earnings next Thursday (May 10) after close. Expectations are very, very high, and the run up to the earnings call can be explosive, as well. However, with expectations so high, it also becomes more risky to hold a position through earnings (EPS estimate is almost double that of Q1 2017,...
As strong and loved as the Nvidia name is, it's been caught in a familiar range all year. While everyone wants to boost the price target around $280-300, it's barely been able to crack $250 even during positive sentiment and momentum. The advantages Nvidia has don't need repeating, nor do its merits and prospects. It's an expensive stock and has always traded high...
I dont think there is something to add on a chart like this. Best case scenario its gonna have an irregular ABC. Farewell greens.
Looking great for another run... it broke the resistance line and stochastics are in the underbought zone.
Pretty straightforward bracket here. Picking a high around $74 and a low in the high $40's. If I had to pick one, I would say due to the chart pattern the $74 is most likely, but watch for volatility taking this thing down to $48. Will keep an eye on it, options trade anyone?
As you can see there is alot of bearish rsi divergence which means NVDA is not done with the correction yet. Also it broke out of that pattern and now is coming down to that .382 fib line which is met with a gann fann line and alot of previous resistance.
Hi everyone Nvidia Corp (NVDA) Support and Resistance and Nvidia long term $294 Deal
NVidia closely resembles the Bitcoin chart! The manufacturer closely supplies digital infrastructure companies (crypto miners), many of whom are currently contending with low digital asset prices, regulatory clampdowns, and expensive hardware prices. Consolidations are imminent. And the secondary market for GPUs will likely slam retail prices and orders with the...
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave BETA & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
When the stock broke the purple resistance on March 12, I decided that there must be something else here.. After a couple of days this set up was born. However, one can observe that the stock is at the junior support (black lines) Meanwhile, note the risky speculative way that I have set the Fibonacci ratracement levels. See how they exlain the recent...
This is a bullish swing trade I entered on Friday. NVDA has made a nice recovery from the recent low and is now forming a pennant pattern. I am looking for a break to the upside and depending on how strong NVDA looks I may trail my stop up rather than exiting all at my target.
Hot stock that has made some historic movements over the past 24 months has now been in consolidation for around a 8 week period. Are we going to break low? This is the question being asked and if we check the indicators we can see a volume decline and the RSI is showing we have a slight decline in momentum. However, if you look at the figures we have pulled...
If one is lazy.. this is where cash could be stashed.
Nvidia, the leader in making graphic processing units (GPUs), sells into many of the most bullish themes in technology. These trends include autonomous driving, artificial intelligence, machine learning, gaming, and data centers. The stock as been on a tear in recent years and looks poised to continue its upward trajectory. Nvidia broke out today after the CEO,...
Everything mentioned in the chart Best of luck
Long position can be developed in this next week if we can close above 199.50. we came down into resistance area so we should be safe putting sl under it at 185. RR isnt perfect but we could get to our target 214. Move BE when price at 205. Its quite a big red candle and dont want to be caught in trend change.
NVIDIA always in his impressive rise due to Bitcoin growth, actually on an ascending range. Buy the dip