NVDA ContinuationNVDA is giving a blue continuation signal after 3 days of sharp selling. It may need more time to flag, but the risk/reward favors the upside.by Algo_Edge0
Nvda Trend break, first bounce. Where could we go? As long as nvda remains above 123 we can expect a potential rally to 132 area. From here it is possible we see a rejection and a break of the last low down to 110$ This is my idea. I’d long against 122-121 as stoploss. Targeting 131.50-132 If we start rejecting 132 this is where I would go on a far out put for nvda against 134 for a target of 110 by Erictaylor0
NVDA longer TErm AnalysisGoing Over NVDA's price action last few weeks looking for clues and how to trade going forward. Always know where you'll get out if you're wrong. we are Risk Managers first and foremost. Take shots and then manage Risk. Management of Trades is what creates the Savages of the markets. 06:03by BobbyS8130
The next target price for Nvidia after record opening USD764.21Yesterday Nvidia reported the Q4 2023 earnings report with flying color, beating not only top line and bottom-line estimates but also projected beating earning expectation for Q1 2024 and robust growth not only in 2024 but also 2025. Things are even more positive since there will be a new and better replacement chip for the H100, one of the top line AI chips. The current market capitalization is at USD1.67T and Nvidia company share will most likely increase to around USD1212.00 in next few months and will beat Apple the world largest market capitalization at USD3.0T. Nvidia currently looks like will beat Apple to be the world largest market capitalization company. If the Fed's FOMC news on fighting the inflation remains with 2 to 3 rate cuts this year even when the next 2 to 3 months CPI, PPI and PCE numbers are bad. Nvidia and S&P 500 index will continue to raise further creating more record high. Nvidia share price will most likely go beyond USD1212.00 if this happen but there will be some pull back or dip. Hence, traders and investors should buy the dip. If there is a strong headwind happening in these coming 6 months' time such as US-Iran war or recession or Fed's cutting rate too soon for inflation to go back higher, then most likely USD1212.00 will not happen. Keep breaking record high will not happen when this potential strong headwind appears in the market. Overall BUY Nvidia and keep for at least 2 years to 10 years. The Fundamentals for the coming 2 years will most likely be the same except appearance of Strong headwind which might not happen. Longby juntech8Updated 332
nivdea great ideas come hellp im new to this can someone send me a good traders profileLongby dannyheine0
Nvidia Stock Soars On Blowout GuidanceSoaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the end of July, more than 50 per cent ahead of the 7.2bn dollar analysts had been expecting and confirming its position as the biggest short-term beneficiary of the AI race that has broken out in the technology industry. The forecast fuelled a 27 per cent leap in Nvidia’s shares, which had already more than doubled since the start of the year, and lifted its stock market value to a record 960 bn dollar. Jensen Huang, chief executive, said the company was “significantly increasing our supply to meet surging demand” for its entire family of data centre chips, including the H100, a product launched this year that was designed to handle the demands of so-called large language models such as OpenAI’s GPT4. The race in the tech industry to develop larger AI models has led some customers to worry privately about a shortage of H100 chips, which only went on sale earlier this year. However, Nvidia’s $4.28bn in sales to data centre customers in its latest quarter topped even the most optimistic analysts’ forecasts, and the company said there had been strong sales of both the H100 and its A100 chips, based on its previous chip architecture. Nvidia’s forecast noted a potential doubling of sales to data centre customers in three months, even though data centre sales were running at an annualised rate of $17bn in the opening quarter of this year. Growth is coming from customers across the board, Kress said, with consumer internet companies, cloud computing providers and enterprise customers all rushing to apply the generative AI to their businesses. The bullish forecast came as Nvidia reported revenue and earnings in its latest quarter, to the end of April, had also topped forecasts, thanks to a jump in sales to data centre customers as demand for AI took off. Revenue reached $7.19bn, up 19 per cent from the preceding three months but down 13 per cent from the year before, as sales of chips for gaming systems dropped. Earnings per share rose 22 per cent from a year before to 82 cents, or $1.09 on the pro forma basis Wall Street judges the company. The consensus view on Wall Street had been for revenue of $6.52bn and pro forma earnings of 92 cents a share. now let's delve into the numbers. Nvidia's different business units did not all perform equally well during the quarter - which can be expected, of course. Nvidia's data center business grossed revenues of $4.3 billion during the first quarter, which represents a new record high. Data center demand is not very cyclical, and companies kept investing in new equipment despite a potential recession being on the horizon. This can be explained by the fact that data centers are mission critical for many companies, so they don't really have a lot of choice when it comes to allocating capital to this space. Strong data center sales also have been seen in the results of other chip companies such as Advanced Micro Devices (AMD). Both Nvidia and AMD also were able to benefit from the weak performance of their competitor Intel (INTC), as Intel has been losing market share in the data center space in recent quarters due to self-inflicted problems and an unconvincing product line-up. Nvidia is a major graphic chip or GPU player and is thus heavily impacted by the performance of related end markets. This includes both cryptocurrency mining and gaming. While some cryptocurrencies can't be mined with GPUs economically, such as Bitcoin, others, such as Ethereum, can be mined with GPUs. Ethereum moved from a proof-of-work model to a proof-of-stake model in the fall of 2022, but some miners still use GPUs for Ethereum mining. Not surprisingly, Nvidia's sales to this end market depend on the price for cryptocurrencies - when cryptocurrencies are expensive, miners are more eager to acquire additional GPUs and they may also be willing to pay high prices for them. During times when cryptocurrencies are less expensive, mining is less profitable, and GPU demand from cryptocurrency miners wanes. This has had an impact on Nvidia's sales in the past and likely played a role in Nvidia's Q1 sales as well. GPU sales have been under pressure in recent quarters due to lower demand by gamers as well. Many that like to play video games upgraded their hardware during the lockdown phase of the pandemic when staying at home meant that consumers had more time for video games. With many gamers having relatively new equipment, demand has declined in the recent past. At the same time, inflation pressures consumers' ability to spend on discretionary goods. On top of that, some consumers prefer to spend their money on experiences over things now as there are no lockdowns or travel restrictions in place any longer. All in all, this has resulted in a difficult macro environment for Nvidia's gaming business. Combined, the headwinds for the gaming market and the cryptocurrency market explain why Nvidia's sales and profits kept declining during the most recent quarter, relative to the results the company was able to generate one year earlier. The strong performance in the data center space was not enough to offset the headwinds Nvidia experienced in other areas. I personally going to take huge profit right now and wait for 250 $ levels by moonyptoUpdated 5513
NVDANVDA has been excellent for me so far. The stock is skyrocketing, and I love it. I'm bullish on this one until I see a reversal pattern.Longby AmyThongbai0
nvda ahead to 300nvidia ahead at a ru n to 300 target price,y target price for the year, upsid3 again al. most more 100% keep ur tradi ng strategy safe, this is not an investment adviseLongby Carlosdrcunha0
BTC vs NVDA Fractal 📈📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. In my previous updates, I've mentioned the two scenarios that I foresee for BTC after reaching a new ATH. The one was a correction, and the other was range trading until after the halving. Find the previous Bitcoin post here: When we compare BTC to how Nvidia has been moving, we see a very similar corrective pattern play out, followed by a steep increase. Then, after a period of sideways/range trading on NVDA, the price continues to even higher highs as it increases parabolically. Could we possible see something similar on Bitcoin? I think it's worth keeping an eye on this fractal and expect some boring price action for a while on BTC. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck NASDAQ:NVDA MEXC:BTCUSDT by CryptoCheck-Updated 13
Unknown territoriesRed box is unknown land for NVDA stock, if i were you i would not venture in there without proper equipment. Stay hydrated.by xxeruss119
NVDA FOR EARNINGS Q2NVDA needs to correct until last earnings to prove that a company can keep the guidence of last quarter .Longby alexpv7314
Nvda idea long term Assuming it does a correction as big as apple amazon or tesla corrections when the top is reached we can assume it could fall to the ranges of 80-100 . That’s where am buying sometime in the following months . This AI bubble will pop soon just like the Tesla bubble popped and dropped 70% . Am being conservative and maybe Nvda drops 30% -40%. There is nearly any profits to be made after a 1800% rally with no major corrections. not shorting but ready to buy at those ranges Shortby Todopoderoso151550
$NVDA Algorithm Buy Alert June 11Our strategy is to wait for the large green dot to enter a long position. One June 11 2024 14:45, we got our large green dot buy alert. We never trade with emotion. By eliminating emotion, we can trade successfully and make huge profits that will pay for the software 10 times over. As of today we are still in Nvidia long positionLongby AlgoTradeAlert6
some even anticipating a $10 trillion market valuation by 2030Continuously monitor Nvidia's financial performance, market news, and analyst reports. Be prepared to adjust your holdings based on new information, such as quarterly earnings reports and industry developments.Longby Super_B_XinR2210
$NVDA #Bullflag #Earnings #History PT;$1200 #DontShort Earnings questions? You've checked the right Idea. "When in doubt, zoom out." Color Coated a lot of these crayon lines for you bois. LOG SCALE Arrows on last earnings and upcoming earnings... I've only seen more and more AI growth/hype... Shorting this is like shorting EV's in 2020 #NotTheTime... "NVDA 1150 by May" ;) - Prof Everything is "lining" up here imo... I'm happy to see people wanting to short this personally, adds to the #Squeeze. #WhiteBoySummer gets started Wednesday 5/22 NVDA 1000C 6/21/2024 @ $35.20 Not financial advice.Longby Prophecies_R_UsUpdated 6626
NVIDIA Corporation _ Under _ Trading _ Venue _ NASDAQ.NVIDIA Corporation _ Under _ Trading _ Venue _ NASDAQ. So many wrong moves! We move slow as lots of lower data are missing! $141.97 $152.18 Distribution price: $162.17by Skill-Knowledge-Conduct996
Because someone had to short this.We will consider one technical indicator: F = (G * m1 * m2) / d^2 Aka “gravity” Shortby FibonaccivixUpdated 5514
Nvidia is Topping in the Near TermAlthough having reached my target for wave v of 5, we do not have any evidence of a top in place as of today's trading session. In the days or weeks to come I look for a breach of $116 to give us our initial indication we've topped, with confirmation coming with a breach of $106. This would be a long term top. Best to all, ChrisShortby maikisch101042
NVDA: UptrendOn this fifteen (15) minute chart we could have an upward trend after the break of the resistance line and the vwap indicator.Longby PAZINI195
NVDA: UptrendOn this fifteen (15) minute chart we could have an upward trend after the break of the resistance line and the vwap indicator.Longby PAZINI194
NVDA earnings stats NVDA earnings stats based on the last 10 earnings days close to following day close. 11/17/21 293 - 317 + 24 = + 8% 2/16/22 265 - 245 - 20 = - 9% 5/25/22 170 - 179 + 9 = + 5% 8/24/22 172 - 179 + 7 = + 4% 11/16/22 159 - 157 - 2 = - 1% 2/22/23 208 - 237 + 29 = + 14% 5/24/23 305 - 380 + 75 = + 25% 8/23/23 471 - 472 + 1 = na % 11/21/23 499 - 487 - 12 = - 2% 2/21/24 675 - 785 + 110 = + 16% 5/22/24 ? 10 earnings average = + 6% high = + 25% low = - 9% 5/24/24 expiry options data: Put Volume Total 144,889 Call Volume Total 221,403 Put/Call Volume Ratio 0.65 Put Open Interest Total 145,386 Call Open Interest Total 180,269 Put/Call Open Interest Ratio 0.81 Highest OI Call strike = 950 Highest OI Put strike = 920 IV implied move = +/- 9%by Options360Updated 226
BUY NVDABUY NVDA at the 650.20 or the 562.00 price levels, going back up to the 1,030.00 price and beyond.Longby pstock123Updated 4