NVDA reports on 5/9, and has been in a downward channel since the double top at 120. How low can it go before ER? If you are bullish on the company long-term, at what price points do you start scaling in?
If you didn't notice the bullish reversal on 3/7, then another entry was on 3/17 for a long position. The trailing stop is $5 of risk, not too shabby. $NVDA is one of our favorites for a Skip-strike butterfly trade, especially if you want an OTM position for higher risk reward (due to the price fluctuation and strike hits). Our youtube post on our site discusses...
On April 4, 2017, NVIDIA Corporation ( NASDAQ:NVDA ) crossed below the 50 and 100 day moving average (MA). Both events have occurred on the same day 27 times with a minimal loss of 0.33% and median loss of 5.99%. Historically the stock has crossed below the 50 day MA 144 times and the stock does not always drop. The stock has a median loss of 3.802%. Historically...
Blue-dashed lines as weekly R/S lines. #NVDA is a potential long, especially bouncing off the 50-MA.
Looking to sell this rally. Ideally get above 114 to short
NVDA came up in our smart money course. It had a really long run, and now seems forming a Head & shoulder. Also seems forming a double top. We think it has very good down side potential & it can drop to $90 shortly. * Trade Criteria * Date First Found- February 13, 2017 Pattern/Why- Head & shoulder; Double top Entry Target Criteria- Break of $108.07 Exit...
A double top with abnormal volumes and break below the oblique trendline are signals that big hands have distributed. Target for our strategy : 73 Usd with an intermediate target at 96, where we should see a small rebound. Check-out our analysis at www.wallstreetimes.com
NVDA short term bounce off of first support at 85 back to 100; then falls to second support level at 73; closing the window (filling the gap)
Now down-trend has broken the 50 SMA, this signals the "Run" component of "Bump & Dump" pattern is in play.
Observation: We took profit on NVDA as planned over the past month just in time, and the price dropped massively today, towards our "Buy-back levels" that we identified back in December. Which means, the following levels could be ideal for a) adding to your position, or b) start fresh with NVDA, buying it at lower prices! Buy back order...
I think we might form a topping pattern, and take some time to break down here, so, I'll look to short on a retest of the earnings level above. Price won't slice through this level immediately, it'll take some time to coil, and eventually break out confirming the decline. With how steep valuation is, I'm inclined to look for hedges to my long positions, that's...
Nvidia might bounce on the 20 days moving average (green line), as in my opinion there is no reason for this stock to retest 100$ - Lot's of positive stuff coming from nvidia. After not even closing 1 month negatively for the past 12 months, i don't expect it to do so now! I'm bullish!
... for a 1.57/contract credit. (Earnings; High IVR/High IV). I fiddled with various setups long enough ... . Here, I'm going out farther in time than I usually like to go with an earnings play in order to give myself time to be right. Will look to manage to 50% max profit. Metrics: Probability of Profit: 63% Max Profit: $157/contract Max Loss:...
If you're a premium seller, you're probably doing a bit of hand-sitting here (again) with VIX again at sub-12 levels. There are, however, a few things that could prove productive ... . NVDA: With a six-month implied volatility rank of 85% and general background implied volatility of 55%, it's ripe for a volatility contraction play. They announce earnings on...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
I'm short $NVDA, aiming for considerable downside as $SPY starts a short term correction back to support in the 223 zone. Valuation justifies taking any and all short opportunities in this stock, so, I'd reccomend taking a 0.5-1% risk position here and let it run for a month at least. Good luck, Ivan Labrie.
Market to enter strong bearish trend after long uptrend. 107-108 Resistance level, then bearish until 84.50, small bounce back before another bearish trend and hit support at 71-71.