NVDA is in an incredibly strong bull market - it looks very good both fundamentally (rising revenue and profits, virtual monopoly on AI chips) and technically. Current wave that started in Nov 23 is yet far from being done and it's very unlikely it would conclude before hitting at least $1600 maybe will even go much further to $2k area.
Lovely continuation pattern $1000 is going to be reclaimed today And with a potential 20% upside. Expect momentum to help push this thing to these projections. Best of Luck Make the most of the meltup!
NASDAQ:NVDA shares will begin trading on a split-adjusted basis on June 10th. Nvidia has completed five other stock splits since its IPO in 1999, and shares have typically declined sharply during the next year. Regarding reversion targets (pre-adjusted): Correction: 200 Day, currently at $657.97 Long Term Correction: 200 Week, currently at $303.14 Once...
Market Chatter: Antitrust Scrutiny and Milestones in the AI and Tech Industry Antitrust Scrutiny for AI Dominance Microsoft ( NASDAQ:MSFT ), OpenAI, and Nvidia ( NASDAQ:NVDA ) are facing antitrust investigations over their dominant roles in the artificial intelligence industry, according to The New York Times. The Federal Trade Commission (FTC) and the...
Nvidia Scores a Knockout: Chipmaker Topples Apple to Reach $3 Trillion Throne In a stunning shift of the tech world's power dynamics, Nvidia Corporation (NVDA) has dethroned Apple (AAPL) as the world's most valuable company by market capitalization. Surpassing the $3 trillion mark for the first time ever, Nvidia's meteoric rise signifies the transformative power...
Custom indicator to track volume against median levels diverting levels of highs and lows. Basically the indicator looks to measure something that offers a view of the direction of shares and whether the shares are pulling or pushing against the price of the stock, or crypto. In this case nVidia is running eerily close to the zero hline. The split is coming up and...
The price has reached our target, as mentioned yesterday, with a gain of +1.20%, approximately $60. The SPX has recorded a new all-time high and continues to gain. It may retest down to 5347 before pushing up to 5378. Overall, it could potentially reach 5320 if it stabilizes below 5347. As long as it trades above 5320, an uptrend towards 5423 is expected. ...
During the last breakout, NVIDIA (NVDA) surged by 300 points before experiencing a sharp decline of 134 points within two days. This current situation bears a striking resemblance to the previous occurrence. Reaching 1282 would position NVDA as the most valuable company globally, contingent upon Microsoft's valuation. I possess additional market capitalization...
NASDAQ:NVDA Started Accumulating on May 6, with our buy alert from our proprietary algorithm momentum indicator. ### Algorithm Momentum Indicator The Algorithm Momentum Indicator (AMI) is a sophisticated trading tool designed to identify the strength and direction of market trends. By leveraging advanced computational algorithms, the AMI analyzes price...
When NVDA surpass AAPL in market cap, the clown fiesta is ready to conclude itself. The ration of $CME_MINI:NQ1!/CBOT_MINI:YM1! has far surpassed its high back in the dot com crisis, and the collapse is a matter of time. When we have both S&P and Dow Jones underperform Nasdaq that much, and we have a crazy high concentration on mega market cap companies, it's...
I still think we hit the same upside levels but think we take a different path to get there than I originally thought. I've been anticipating a big move down before we hit the top, and I still think it happens, but I think we go to different price levels and it happens in a different timeframe than I previously thought. Everyone thinks the trade is going to be...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
NVDA's 1890 (189 after splitting ) is next major resistance where price meet time by end of the year ( right after US election).
Having entered the area of a wave (iv), and now exited the box to the upside to challenge the recent ATH, I have to consider the possibility we're headed towards the wave (v) target area to complete this primary wave 3. However, to be clear, below the ATH of $1158.19, we're still in wave (iv). This is visible in the below 1 hour chart. Nvidia will be...
The price is moving inside upper channel the price will reach the resistant of trend base FIBO i am suggesting going short with stop lose 1300
At the 2024 Computex trade show in Taipei, Nvidia CEO Jensen Huang sent ripples through the tech world with the announcement of their next-generation AI platform, codenamed Rubin. Scheduled for release in 2026, Rubin promises to be a game-changer, pushing the boundaries of generative AI and accelerating its integration across various industries. Huang's vision is...
As I continue to study the market, I can't help but notice so many stocks are in outrageous ATH Levels, in such a way that I can't help but believe the market will undergo a Price Correction that will in fact catch many off guard. Who am I to say though? Just an average man with an average brain. As far as levels, If we cannot hold above May Highs, Price should...
Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M chart) The key is whether the price can be maintained by rising above the Fibonacci ratio 3.618 (1135.97), which is the peak of the major uptrend. If not, it is expected to form a...