$NVDA Buy now when everyone is in fear! Easy Rally to $165 !!Based on recent analyses and expert forecasts, NVIDIA's stock price (NVDA) is anticipated to perform robustly in the first quarter of 2025. Analysts have set a target price around $170 if the stock can convincingly surpass the $145 mark.
Reason to BUY NASDAQ:NVDA
Strong Demand for AI: NVIDIA's GPUs play a critical role in training complex AI models. The rising demand for AI technologies, particularly from major tech companies, is boosting the need for NVIDIA's specialized chips.
Data Center Growth: NVIDIA's data center revenue has been experiencing significant growth. This segment now accounts for a substantial portion of their total revenue, and ongoing investments in data centers by cloud service providers are expected to further drive demand.
New Product Launches: NVIDIA is preparing to increase shipments of its new H200 GPU, which boasts greater efficiency and power compared to its predecessor. This could attract more customers and boost sales.
Positive Market Sentiment: Analysts maintain a bullish outlook on NVIDIA's stock, with some predicting further price increases due to sustained demand and strong financial performance.
AI Monetization: Companies such as Microsoft and Meta are seeing increased monetization from AI applications, potentially leading to higher spending on NVIDIA's products.
BUY NOW NASDAQ:NVDA !!
Fear & Greed Index: 39 (FEAR)
Green Days: 13/30 (43%)
RSI as of 01/13/2025
200-Day SMA: $119.35
50-day SMA: $139.86
Volatility: 3.12%
I also anticipate a dramatic increase due to the following events:
CPI 01/15/2025
Trump Administration 01/20/2025
FOMC Meeting: 01/29/2025
AVGO
Broadcom - This Chart Tells Us Everything!Broadcom ( NASDAQ:AVGO ) is retesting massive resistance:
Click chart above to see the detailed analysis👆🏻
For roughly a decade, Broadcom has been trading in a quite obvious rising channel pattern, perfectly rejecting the lower support trendline back in the end of 2022. After the recent rally of more than +200%, it is quite likely that we will now see a substantial move lower from here.
Levels to watch: $250, $150
Keep your long term vision,
Philip (BasicTrading)
$AVGO downside potential target $220.Multiple time frames it gives me downside vibes. Not sure how quick the move will come or be, I expect $220 then break into the $217 support. Short term puts here. May give it a go Friday / Friday into close. Will keep eyes on the development of time frames Friday.
WSL
AVGO Formed a PENNANT Pattern After Strong EarningsAVGO looks like to have been forming a pennant pattern over the last 2 weeks, following the strong earnings report and price blowout. This is a text book example of the pattern, covering the visual figure and volume drying up, potential new breakout and new ATH coming?
Nvidia or Broadcom? Who will be the winner ? How big is the custom chip market?
By 2027, the custom chip market is expected to reach $90 billion. What does this mean for Nvidia?
Nvidia vs. Custom Chips
In the custom chip (ASIC) sector, two major players, Broadcom ( NASDAQ:AVGO ) and Marvell ( NASDAQ:MRVL ), have overshadowed Nvidia. Since the end of Q2, they have outperformed the tech giant by approximately 30% and 50%, respectively.
With tech giants like Amazon ( NASDAQ:AMZN ), Google ( NASDAQ:GOOGL ), and Microsoft ( NASDAQ:MSFT ) developing and accelerating the production of their own chips, the market has finally recognized the huge opportunities in custom chips.
How big is the custom chip market?
Based on comments from the two leading custom chip players, we estimate that by 2027, the custom chip market will grow to $90 billion, with a compound annual growth rate (CAGR) of over 60%. Earlier this year, Marvell offered a more conservative forecast, predicting that the market will reach $75 billion by 2028, but with early customer growth suggesting further upside potential. Broadcom’s forecast is even more impressive, estimating the market could reach anywhere from $60 billion to $90 billion by 2027.
Both companies have strong platforms. Marvell’s biggest customers are Amazon and Microsoft, and after gaining deeper insight into their growth, they suggest Marvell’s market prediction might be conservative. Broadcom’s top clients include Google, Meta, and ByteDance, all of whom plan to shift to clusters of one million XPU units by FY2027. Reports also suggest that Broadcom has secured two additional customers (potentially Apple and OpenAI).
What does this mean for Nvidia?
Nvidia’s stock price is currently consolidating, and even when using enterprise value (EV)/EBITDA as a metric, its valuation is now below that of Marvell and Broadcom.
Source: Bloomberg,Spear Invest
Investors now expect Nvidia’s market share to significantly decline by 2027, leading to slower revenue growth. However, the market has underestimated two key factors:
The strength of CUDA.
The yearly product improvement cycle.
I believe CUDA holds a powerful advantage that will reduce the pressure on cloud service providers (CSPs) to promote custom chips at scale. Given that the cloud market accounts for about 50% of the total market, I believe that capturing half of this market between 2027 and 2030 would be a major win for custom chip providers.
Currently, the market assumes, based on comments from Broadcom’s CEO, that most CSP revenue will flow to custom chip vendors, but Broadcom’s assumption may be overly optimistic. Furthermore, whether custom chips can keep up with Nvidia’s yearly product launch cycle remains to be seen—Nvidia’s new products consistently show significant performance improvements with each generation. Our best estimate is that Nvidia’s competitors are still on an innovation cycle of about 1 to 2 years behind Nvidia.
Source: Bloomberg,Spear Invest
Nonetheless, the AI industry chain, especially in the medium to long term, will continue to benefit. For example, AI + Generative Content (AIGC) companies like Adobe ( NASDAQ:ADBE ) and Unity Software ( NYSE:U ), AI + Software companies like Palantir ( NASDAQ:PLTR ), AI + Insurance companies like AIX Inc. ( NASDAQ:AIFU ), and AI + Financial companies like Block ( NYSE:SQ ) will all benefit.
$AMD GAP FILL 138 & 160A stock gap occurs when there's a significant jump in a stock's price after market closure, typically driven by some news. When this gap is filled, it indicates that the stock's price has reverted to its pre-gap, or "normal," level. This common occurrence happens as the price stabilizes after the initial rush of buying and trading sparked by the news subsides.
Exhaustion gaps are usually the most likely to be filled because they indicate the end of a price trend.
BUY NOW
According to 30 Wall Street analysts who provided 12-month price targets for Advanced Micro Devices over the past three months, the average price target is $182.18. The high forecast is $220.00, and the low forecast is $145.00. This average price target indicates a 46.14% change from the last price of $124.60 (as of 12/23/2024)
NASDAQ:AMD 's growing presence in the markets for central processing units (CPUs) and graphics processing units (GPUs) is poised to drive significant stock gains. We foresee a robust outlook for the semiconductor specialist's Epyc CPUs in the server and data center segment, as well as strong performance from the company's M1350 and M1400 GPUs.
+ NASDAQ:AMD net profit YoY grew by 777.88% which is 633.31% above its peer average
+ NASDAQ:AMD revenue has grown by 17.57% YoY from Q3 2023 to Q3 2024
+ NYSE:MD EPS is forecasted to grow by 41.26% YoY from Q4 2023 to Q4 2024
+ NASDAQ:AMD has a lower debt to equity ratio (3.02%) compared to its peer average (33.87%)
+ NASDAQ:AMD 's debt to equity ratio has reduced from 40.07% to 3.02% over the past 5 year
12/22/24 Weekly Watchlist + NotesAMEX:SPY - Huge sell off across the board from FOMC news on Wednesday. SPY sold off down through previous Broadening Formation range reclaiming previous downside pivot just below 684. So with that in mind, we expand out of the BF below that pivotal low, or come back through range above it. With SPY currently setup to potentially go 3-2 daily, we look to see whether fridays high or low gets taken out. Being above the pivot at 684, we are looking to come back through that BF range and make new ATHs as of now. Of course this can all change depending on whether our W is green or red, but for now we are closer to making a daily HH than a LL. With Christmas being this week, the markets close 2 hours early on Tuesday, and re open on Thursday. Being a short week like this, we need to be extra cautious as there will be lower than normal volume, and simply less time for the weekly candle to form, so expectations on a large move this week as most seem to be predicting, may not happen for the prior reasons. Personally will not be trading Tuesday and possibly not at all this week if I don't see absolute A+ setups.
Watchlist:
Bullish:
NASDAQ:NVDA - Pot. 1-3-2U Daily to trigger failed 2D hammer week. Swept BF lows this past week. Looking to come back through range. This is a big name for the markets, so I expect that if the markets are recovering, this will lead the way or follow with it
NASDAQ:MU - 2-2U reversal potential daily to target gap fill from ER. We took out weekly BF mag on friday, hitting exhaustion levels after finally escaping the motherbar it was stuck in for the last 11 weeks. One side gets toasted, magnitude is hit for W and M. All the ingredients for a big recovery. Only issue is being stuck in last weeks range
NASDAQ:PLTR - potential 3-2D for a simultaneous weekly 2-1-2U trigger. Nuclear green on all TFs. Slight room to go to target ATH again, but mainly looking for the weekly inside up measured move, meaning if we go 2-1-2U, we can expect the same move up as we had in the week prior to last weeks inside bar week.
Cruise Lines: NYSE:CCL + NYSE:NCLH Weekly hammers. NYSE:RCL Not a clean weekly AS, but similar daily to other names in the industry.
Bearish:
NASDAQ:TSLA - 3-1 4Hr to trigger MoMo shooter Daily to trigger Shooter Weekly 2-2. Daily PMG to target from ATH Exhaustion. (Big green day for most names Friday, why was TSLA so bearish with such relative strength lately?)
NASDAQ:AVGO - Shooter 2U Day to trigger 2-2 shooter week. Huge gap up from earnings. Looking to attack the gap.
NYSE:KO - MoMo Shooter 2D day to trigger 2-1-2D week. Having issues making range lately, but daily BF is targeting lower still, and weekly 2-2d has yet to be negated. Inside week will confirm more downside to target our BF magnitudes on the D and W, or it will be negated by a 2U week. Simple plan here. Short under prev week low, exit if back above.
NYSE:UBER - MoMo shooter 2d Weekly to reconfirm M 2D and Q 2U going 3. Check Monthly for the BF. Wanna see continuation lower to Q mag at 54.84. No daily AS but 3-1 4HR. May be a slower mover on the list. Basing all my decisions on the weekly as the momo shooter should simply just trigger and work
AVGO Broadcom Options Ahead of EarningsIf you haven`t bought the dip on AVGO:
Now analyzing the options chain and the chart patterns of AVGO Broadcom prior to the earnings report this week,
I would consider purchasing the 175usd strike price Calls with
an expiration date of 2025-2-21,
for a premium of approximately $12.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AVGO Bullish and bearish at the same timeAVGO had an amazing Gap up opening due to fantabulous earnings and guidance related to AI .
Looking at historic trend AVGO always fill the gap up openings by bearish moment
At this point in time AVGO is in bear trend and looking to fill the gap but we can give AVGO benefit of doubt and it seems like 212 is a very strong support as well
Entry advice
Buy at 212 or 212 when it bounces off that support
Second entry can be at 185 as that is a very strong support and will bounce off from that support level
Stop loss 155
AVGO 187 AFTER EARNINGS ?Broadcom ( NASDAQ:AVGO ) is setting the stage for a potentially explosive earnings report. With the tech sector, particularly AI, driving growth, here's why NASDAQ:AVGO might just hit $187:
Earnings Expectations: Analysts are predicting a revenue of $12.96B for the next quarter, showcasing a significant jump from last year's $8.8B. This growth trajectory is fueled by Broadcom's strategic positioning in AI and enterprise solutions.
Market Sentiment: The buzz around NASDAQ:AVGO on X is palpable. From stock split announcements to bullish analyst price targets, the sentiment is overwhelmingly positive. A recent post highlighted a potential for NASDAQ:AVGO to be the next stock hitting $200, given its performance and market conditions.
Technical Analysis: The stock's chart shows strong support above key moving averages, suggesting bullish momentum. A break above previous highs could see NASDAQ:AVGO testing new levels, with some even eyeing an all-time high of $184, which could easily extend to $187 with positive earnings news.
AI and Market Growth: Broadcom's integration of VMware and its AI segment growth are expected to contribute significantly. With AI markets projected to grow by 40% in 2024, NASDAQ:AVGO 's AI-related revenues could exceed $10 billion this year, up from $4.2 billion in 2023.
Price Targets: Rosenblatt's raised price target to $240 from $165 indicates strong confidence in Broadcom's future, driven by AI and enterprise software synergies.
CAFE CITY STUDIO NYC 2024
LONG TERM INVESTMENTS FOR BIG COMPANIES !! LONG TERM !TRADING CAN CHANGE YOUR LIFE !!
META - APPLE - AMAZON - SPX - SPY - TESLA - NVIDIA - JP MORGAN - RIVIAN - LUCID
AVGO - HOOD - ROCKETLAB - AFFIRM - GOOGLE - SOFI - MICROSOFT - META -TSM - CRM - AMD
QCOM - BAC - AMEX - DISCOVER FOREX EURUSD - GBPUSD - USDJPY BTC
Key Considerations for Trading Forex, BTC, and Stocks
Trading in financial markets, whether it's Forex, Bitcoin (BTC), or stocks, involves a unique set of challenges and opportunities. Here are crucial points to keep in mind before diving into these markets:
For Forex Trading:
Leverage: Forex markets offer high leverage, which can amplify both gains and losses. Understand your risk tolerance and use leverage cautiously.
Market Hours: Forex markets are open 24/5, which means opportunities and risks are constant. Consider when you trade in relation to major market sessions (London, New York, Tokyo).
Volatility: Currency pairs can be highly volatile, especially around economic news releases or geopolitical events. Stay updated with economic calendars.
Interest Rates: Central bank policies can significantly affect currency values. Monitor interest rate decisions and monetary policy statements.
Pair Correlation: Understand how currency pairs correlate with each other to manage your portfolio risk better.
For Bitcoin (BTC) Trading:
High Volatility: Cryptocurrency, especially Bitcoin, is known for extreme price movements. Prepare for significant price swings.
Regulatory Environment: Keep an eye on global crypto regulations which can influence market sentiment and price.
Market Sentiment: Bitcoin's price can be heavily influenced by news, tweets from influencers, and market sentiment. Tools like sentiment analysis can be beneficial.
Security: Since BTC is digital, security of your wallet and trading platform is paramount. Use hardware wallets for long-term storage.
Liquidity: Ensure you're trading on platforms with good liquidity to avoid slippage, especially during volatile times.
For Stock Trading:
Company Fundamentals: Unlike Forex or BTC, stocks are tied to company performance. Analyze earnings, financial statements, and growth prospects.
Dividends: Some stocks offer dividends, providing an income stream which can be reinvested or taken as cash.
Market Trends: Stocks are influenced by broader market trends, sector performance, and macroeconomic indicators. Diversification across sectors can mitigate risk.
Brokerage and Fees: Stock trading can involve various fees like transaction fees, management fees, etc. Choose your broker wisely based on cost and services.
Long vs. Short Term: Decide if you're in for long-term investment or short-term trading. Each strategy requires different approaches to analysis and risk management.
General Tips for All Markets:
Education: Continuous learning about markets, new tools, and strategies is essential.
Risk Management: Never risk more than you can afford to lose. Use stop-loss orders, diversify, and only invest money you don't need for living expenses.
Psychology: Trading can be emotionally taxing. Manage stress, fear, and greed to make rational decisions.
Technology: Utilize trading platforms, analysis tools, and keep abreast of technological advancements that can impact your trading, like blockchain for crypto.
Regulation: Understand the regulatory environment of each market you're trading in to avoid legal pitfalls.
Community and Mentorship: Engage with trading communities or find a mentor. Learning from seasoned traders can provide shortcuts and insights.
Remember, every market has its nuances, and what works in one might not work in another. Tailor your strategies to each asset class while maintaining a cohesive risk management framework across all your trading activities. Good luck trading!
BROADCOM made a Top on the 2year Channel. Potential danger aheadExactly 1 month ago (November 18, see chart below) we gave the buy signal on Broadcom Inc. (AVGO), which turned out to be a big success as shortly after the stock catapulted past our $223 Target:
This time however we share with you an analysis that is calling for profit taking on this amazing rally as technically it is coming to an end. The price hit yesterday the top (Higher Highs trend-line) of the 2-year Channel Up, which has approached another 3 times during that time.
As you can see, the pattern's structured Legs and Phases are cyclical and repeat themselves. The current Top seems to be similar to the previous Highs (orange circles) that initiated the re-accumulation phases before resuming the uptrend for the final top (red circles) of the Bullish Leg.
Both of those pre-Top Highs (orange circles) and their re-accumulation phases that followed, touched the 1D MA200 (orange trend-line) before the final rally of the Bullish Leg. As a result, we won't turn bullish again on AVGO until it tests the 1D MA200 again, which given the aggression of the recent pump, the pull-back could be equally strong.
After the re-accumulation Phase is completed, we will resume our long-term bullish Target of $285.00. That represents a +121.85% rise from the August 05 2024 Low, which is the % rise that both previous Bullish Legs had.
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Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%Broadcom Inc. (AVGO) Stock Price Soars Nearly 20%
The chart shows that at the end of last week, Broadcom Inc. (AVGO) stock price surged nearly 20%, breaking the psychological barrier of $200 per share and pushing the company’s market capitalisation to $1 trillion.
Last week, the company released its quarterly earnings report. The actual figures were close to analysts' forecasts — earnings per share of $1.42 vs $1.39 expected and fourth-quarter revenue of $14.05 billion vs $14.07 billion expected. However, the extraordinary rise in stock price was driven by a strong market reaction to the company's optimistic forecast, which is based on robust sales of chips designed for artificial intelligence (AI) applications.
Media reports highlight that the company’s revenue growth from the AI boom reached 220% year-over-year, and the total AI chip market could reach approximately $90 billion by 2027.
Technical analysis of the AVGO chart indicates the formation of a significant bullish gap:
→ In 2024, the price formed an ascending channel (shown in blue). Now it is near its upper boundary.
→ By measuring the width of the range between $139 and $185 to set a target for price movement following its bullish breakout, the level of $233 is obtained.
If the bullish momentum continues, the AVGO stock price could rise above the upper boundary of the ascending channel (as it did in mid-June), potentially reaching the specified target. Following this sharp increase, the price might correct, possibly moving toward the area of the bullish gap.
According to TipRanks, the average price target for AVGO shares is $229. However, given the information on anticipated future earnings released last Friday, these forecasts may be revised upwards.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
$AVGO Possible Bullish setup targeting 195-210-220 Stop 163The stock in conseldation for almost 3 months . 173 is a key point, it can confirm bearish pattern with double tops or conuination for Bullish trend targeting 195-210-220 before next earning. Watching RSI signal if its keep the uptrend. below 173 , we can see 163 as support and can be sto loss for longs before it goes to 50% fib.i will take the idea of adding longs when the stock is red with stop loss at 163 . good luck!
AVGO LOOKING BULLISH DEC 12 2024AVGO is looking very good to go long at cmp. If you do understand the risk then you can go ahead and trade. If you don't understand the risk of a breakout then you should stay out of it.
Do not trade options at all
I am long here at current price and expectation is a green candle.
Direxion Semiconductor 3x Bull | SOXL | Long at $30.00So many semiconductor companies... which one to choose? Enter AMEX:SOXL - not for the faint of heart. Losses and gains triple compared to most semiconductor ETFs, so stay away if high-risk plays aren't your thing. The top three holdings are NASDAQ:AMD , NASDAQ:AVGO , and NASDAQ:NVDA - two of which are at all-time highs...
I wouldn't be shocked if AMEX:SOXL enters the low $20's to test the base of my historical simple moving average area, but I don't think we are done hearing about AI and the semi demand. There are large gaps to fill above and below the current price and we are at the 50/50 stage (i.e. historical simple moving average zone) for a price move up or down.
My bet is up, especially with the new presidential administration. If politicians start dumping semis, I'm out. Thus, at $30.00 AMEX:SOXL is in a personal buy zone.
Target #1 = $35
Target #2 = $40
Target #3 = $50
Target #4 = $60
$SOXL Inverted Cup and Handlel (SELL NOW!)Grasping chart patterns is essential for market participants. This article explores the inverted cup and handle formation, a bearish signal that suggests potential downward movement.
The inverted cup and handle, also known as an upside-down cup and handle pattern, is a bearish chart pattern that can appear in both uptrends and downtrends. It is the reverse of the traditional bullish cup and handle pattern. The inverted formation consists of two main components: the "cup," an inverted U-shape, and the "handle," a small upward retracement following the cup.
SELL NASDAQ:NVDA AMEX:SOXL NASDAQ:AMD NASDAQ:AVGO NASDAQ:QCOM NASDAQ:MRVL NASDAQ:MU $TXN.
Lets BUY it again WHEN IT'S LOW guys.
Mark my word
OH NO! $SOXS is primed for a significant rise.The concept of a multiple bottom suggests that the stock has already experienced a significant decline, creating a buying opportunity at a lower price over time.
Plus, Trump is coming= BYE semidocutor stocks!
Stricter trade policies and tariffs on imported semiconductors could disrupt global supply chains, leading to higher costs and potential shortages.
During his previous presidency, Trump focused on "America First" policies, which included promoting domestic manufacturing and reducing reliance on foreign supply chains
Additionally, there were concerns about the potential mismanagement of federal initiatives like the CHIPS and Science Act, which aimed to boost domestic semiconductor manufacturing.
AMEX:SOXL , NASDAQ:NVDA , NASDAQ:AMD , NASDAQ:AVGO , NASDAQ:QCOM : Sell now to take the profit.
IT'S COMING