NVIDIA : Sell
Open: 1142
SL: 1200
TP: 955
Nvidia is a leading company in the design, manufacturing, and marketing of graphics processing units (GPUs), central processing units (CPUs), and parallel computing. Founded in 1993, it is headquartered in Santa Clara, California. Nvidia is renowned for its advanced GPUs used in gaming, scientific computing, artificial...
nvidia after touching the 0.618 fibo and reacting a lot on it with big shadows it couldnt break it and falls a little its a very good signal and clear one for me after breaking the 550
look at the gaps and see how important they are
like share and follow if itv was helpful
Nvidia, the undisputed leader in graphics processing units (GPUs), has hit a rough patch. After a stellar run that saw its stock price reach record highs, the company has entered correction territory, with its share price dropping over 10% from its peak. This sudden decline has sent shockwaves through the tech industry, prompting questions about the company's...
Nvidia is renowned for its stellar performance in the AI chip manufacturing sector. However, the company's core strength lies in building a business barrier made up of a tight integration of software and hardware, effectively keeping customers loyal and competitors at bay.
Over the past two decades, Nvidia has meticulously crafted a "walled garden" in the tech...
Nvidia Corporation has once again captured the world's attention, this time with a stunning market value surge. The tech titan, synonymous with the burgeoning artificial intelligence (AI) landscape, has added a staggering $420 billion market capitalization in just four trading days. This represents a 17% surge in its stock price, leaving investors and analysts...
Nvidia, the tech giant renowned for its high-performance graphics processing units (GPUs), has been riding a wave of unprecedented success. As the world dives deeper into the realm of artificial intelligence (AI), Nvidia's GPUs have become the indispensable hardware powering the most advanced AI models. This surge in demand has propelled Nvidia's stock to new...
Technicals and fundamentals supporting short position
- Nvidia has risen 25% in the last month to date, suggesting it may have a gap to fill - 90% of gaps get filled
-Overbought on every timescale and has rarely stayed above a 80% overbought level for more than a few days, which it is long
- Stock split coming in mid-July, which will jumpstart a stock buying spree...
- Nvidia seems ready for a bigger retracement.
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Trading Parts
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Short Zone : 400$ ish ( Now )
TP1 : 275$ ish
TP2 : 200$ ish
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- Stay S4fe!
Happy Tr4Ding !
NVIDIA - KEYLEVELS TO WATCH for a trade.
The best entry in my opinion is under a broken neckline with a short position until the GAP is closed...but not too early i think there will be some days of distribution.
Nvidia is set to release its earnings report on Wednesday night, with expectations sky-high.
Market Prediction:
41% year-over-year surge in earnings
113% increase in sales, reaching $28.73 billion.
This would mark the fifth consecutive quarter of triple-digit gains for the AI chip giant.
What's your opinion about NASDAQ:NVDA earnings?
Nvidia has garnered significant backing from some of the largest family offices on Wall Street, as evidenced by its remarkable 11.8% surge last week. This performance is all the more noteworthy considering that NVDA stock has already risen by 121% year-to-date. The recent release of 13F filings unveiled that family offices associated with Stanley Druckenmiller,...
NVIDIA displays a robust uptrend, confirmed by the price action consistently forming higher highs, a classic indicator of bullish sentiment. The Moving Average Convergence Divergence (MACD) substantiates this, as the MACD line is positioned above the signal line, indicating maintained upward momentum.
Relative Strength Index (RSI) reads above 70, signaling that...
Nvidia ( NASDAQ:NVDA ) has surged above the 1,000 level for the first time in a year, with its market cap racing past $2.5 trillion. The chip giant's earnings and sales growth have led it to pass or challenge Apple ( NASDAQ:AAPL ) and Microsoft ( NASDAQ:MSFT ) as the world's most valuable company. Nvidia ( NASDAQ:NVDA ) stock surged 15.1% last week to a record...
Nvidia ( NASDAQ:NVDA ), the global leader in Artificial Intelligence (AI) hardware and software, is set to release its Q1 FY2025 earnings report on May 22, 2024. Analysts predict a significant revenue growth of $24.65 billion, driven by strong demand for AI-related products and services. Nvidia's net income is expected to increase to $12.87 billion from $2.04...
Nvidia ( NASDAQ:NVDA ), the titan of artificial intelligence semiconductors, kicks off its highly anticipated annual developer conference amidst fervent speculation surrounding new chip unveilings and software advancements. As Chief Executive Jensen Huang takes the stage for his keynote address, investors and tech enthusiasts alike await eagerly to witness the...
