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Earningsanalysis

Selling Opportunity setup -NVDAIn general me and my brother, we are long on NVDA, but since we noticed multiple red flags, we believe that in the short term there are more odds in favor of a correction than a continuation. We take the upcoming earnings as a trading event and we access the risks versus the potential upside return. Our trading system gave us a signal for a long entry on the open of 19 November 2024. We will now show you the red flags: #1 Pattern similarity Feels like we traded this pattern before, see the current pattern of Nvidia VERSUS an old pattern of the SPY: You can clearly see, that there was a correction and a long sideway action, then the price did a NEW HIGH on a small upward channel of higher highs and higher lows. #2 Not the right volume pattern You would expect that when the price is rising and makes a new local highs, the volume will increase on the upside, but there is a rise on shrinking volume. Also most of the relative large volume is on the red bars down on the selling side. Let us do the following thought experiment, if a small edge fund wants to book profit on NVDA which I am sure such an edge fund exists since we are at all new time highs, they would put sell orders so a big edge fund will fill them and they will book a profit. This should be manifested as a large spike in volume, especially when the stock reached a new all-time high twice. But we did not see any spike in volume! This means as Jesse Livermore liked to put it, the stock is not acting right ! We wanted to see Nvidia making a new high on large volume and push forward to $180 as analysts forecast, but it didn't. We suspect that the rising in price, is a retail activity being allowed by the puppet master, so the puppet master could sell out Nvidia as high as he can. Hence he is the Master, and the public is the puppet. They are being played to believe that Nvidia will get to $180 right now. Somehow we feel it's a red flag, that NO VOLUME is entering the market on a rising price. This COULD happen in a case where all the market and public are so bullish on Nvidia that everyone just lifted up all their sell limit orders to $160 plus, so this explains the non existance of volume. However, the odds are not in favour of this behavior since it is not normal human behavior of profit taking. #3 No shakeout of the public Previously the market shaked out all the non believers, but now, they just let the stock price chip its way up with higher highs and higher lows to reach $150 but not break it? ... No stop loss hunting to get liquidity from the market? looks suspicious. #4 Options Chain Large Size on the long side (calls) At first we wanted to buy options to the long side, but since we saw we were less likely to profit from it since IV (Implied volatility) is 100%+ it made the options prices too expensive, and no room for a reasonable profit. The day after earnings, the IV will drop dramatically and we saw in our indicator that it is a losing bet UNLESS it will actually reach $180 after earnings is released and we are skeptical about it. See the options volume leaders: You can clearly see that Nvidia is a leader of sold call options above $150 (open interest). I don't know if you read the options book, but statistically most options end up worthless... This is how the market makers make their money... and it is profitable... to collapse the price of the stock... by selling hardly the stock... so all those options will end up worthless... Because it is PROFITABLE to make them worthless, we somehow find it hard to believe they will let all those options become at the money by a price jump to $180 right now as analysts say it expects to go. Because this means they will lose lots of money on those sold OUT OF THE MONEY options. There are substantially more amounts of Calls than Puts. (1.61 ratio). The volume of options is crazy, this is serious money. The options in the interesting prices ($150 for example) are 4 times larger calls than puts. There could be a possibility that if the market sentiment of Nvidia is so bullish that they can't sell the stock down, they will have no choice but to edge themselves, and buy the stock itself which will ultimately drive the price of Nvidia up. We estimate this low in likelihood, given recent other earnings that pushed the stock prices down when the earnings are released after hours. So what can you expect next? You can expect this for sure: If the post-earning movement will be to the upside, your portfolio of other stocks (the market) will not gain the same amount of return. If the post-earning movement will be to the downside, since all the indexes will get hurt (due to high weight of NVIDIA), the whole market will get HURT, so NVIDIA loss will be reflected also in other stocks in your portfolio. THE SELLING SETUP is to wait for NVIDIA to crush on earnings so it will crush the market, and then it is the happiest day for DAY TRADING ! to the short side... Since, the odds for short on the post-earning day, are very high, and it is like a present from the market, since you can prepare yourself to it by waiting for the money to be on the floor, so you just pick it up.
NASDAQ:NVDAShort
by ZoharCho
19
$HIMS : YOU DON'T OWN ENOUGH OF THIS NAME HEADING INTO EARNINGS!NYSE:HIMS WHY YOU SHOULD BUY BEFORE EARNINGS. In this video, we talk about: 1.) Why the stock is crashing 2.) Why everything on the Technicals/ Fundamentals point to a STRONG BUY. 3.) My earnings prediction & fair value Thanks for watching! I know it was a longer video, but I always want to be thorough. Comment below if you like this type of content or if your not a fan of videos and rather have posts. NASDAQ:SOFI REPEAT INBOUND! NFA #BuyingOpportunity #BuyTheDip
NYSE:HIMSLong
by RonnieV29
7
NVIDIA Waiting for the big day !!!! Although we closed last week with a candlestick pattern called an 'Inside Candle,' the following candle was green, but it didn’t exceed the last high (see slanted yellow arrow). Nvidia is stronger than ever, but that doesn’t mean the price won’t take a pause or make a small pullback before its report; rather, the price is likely entering an accumulation phase, as everyone expects Nvidia’s upcoming quarterly report to show excellent earnings results. So my forecast for Nvidia is that it will fluctuate between my point of interest as resistance and the yellow order block as support, but the most important moment here will be its earnings report day—that’s when the price will make a decision and direction. Thank you for supporting my analysis. TRADE SAFE Best regards!"
NASDAQ:NVDALong
by RocketMike111
Analysis: LVMH Misses Third-Quarter Revenue ExpectationsOverview: LVMH, the world's largest luxury-goods company, reported lower-than-expected third-quarter revenue. The company's organic revenue fell 3% to €19.08 billion, missing analysts' forecasts of €19.94 billion. This decline was primarily driven by weaker demand in China and a broader slowdown in the luxury sector. Key Factors: China's Economic Slowdown: China, once a growth engine for the luxury sector, has become a significant challenge. The country's economic malaise, marked by a sluggish real-estate sector and uncertain economic outlook, has led to reduced consumer spending on luxury goods. Performance by Division: LVMH's core fashion and leather-goods division, which includes high-end brands like Louis Vuitton and Dior, saw a 5% decline in organic revenue. The wines and spirits business, which includes Hennessy cognac and Moet & Chandon champagne, experienced a 7% drop in organic revenue. Regional Performance: Sales in LVMH's Asian market, dominated by China, fell 16% in the third quarter. In contrast, Japan saw a 20% increase in organic revenue, although this was a slowdown from the previous quarter's 57% growth rate. Western Markets: In the U.S., LVMH's organic revenue was flat, while Europe saw a 2% increase. Western consumers, especially the less affluent, have been cutting back on luxury purchases due to continued price increases and a weaker economic backdrop. Outlook: Despite the challenges, some investors remain hopeful that China's economic-stimulus plans could lead to a recovery in the luxury market. However, analysts caution that it is too early to see the effects of these measures. EURONEXT:MC Recommendation: Hold Given the current economic uncertainties and the mixed performance across different regions and divisions, it is prudent to hold LVMH shares for now. While there are potential recovery signs in China and Japan, the broader luxury sector's slowdown and ongoing economic challenges suggest a cautious approach. --------------------------------------------------------------------- Risk Warning Trading stocks and options is a risky activity and can result in ​losses. You should only trade if you understand the risks involved and are ​comfortable with the potential for losses. Risk Disclaimer! General Risk ​Warning: Trading on the Financial Markets, Stock Exchange and all its asset ​derivatives is highly speculative and may not be suitable for all investors. ​Only invest with money you can afford to lose and ensure that you fully ​understand the risks involved. It is important that you understand how ​Trading and Investing on the stock exchange works and that you consider ​whether you can afford the high risk of loss!
EURONEXT:MC
by TheTrade_Academ
Alpha Group - What next post-earnings and CEO sucession plan?My take on Alpha Group: Alpha Group LSE:ALPH leads, in my view, as the UK's best FXRM firm, and institutional lending provider. What most lenders don't do is take a mixed approach - both expertise and technology when developing and implementing their services. From a macro perspective, Alpha Group provide stronger growth prospects than peers, as well as higher margins. They are continuously making large investments into their infrastructure, expanding their already strong platform. Analysts ests. momentum continues to be strong, due to the cheap valuation (despite the inflated NII). The acquisition of Cobase had provided an additional vector of growth for the company, and will continue to do so into the future. Presently, and historically, Alpha Group have always displayed a super solid balance sheet, indicating mgmt. are in control. Buybacks are continuous, with £20m now completed in this year alone, leaving them with a huge cash position, over £180m. And, as we all know by know, interest rates are dropping globally! Slowly, but surely, we will come down to a more modest cost of borrowing, and Alpha Group are a major beneficiary of this. 4th September 2024 - 1H24 results • Total income up 19% yoy to £107m. Revenues at £64m, a 16% yoy rise. 1H underlying EBITDA @ £25.3m (39.4% margin), surpassing PH’s estimate of £23.3m. • Additionally, an increase in net client additions and revenue per client. Corporate FXRM client base grew by 9% yoy, and institutional FX client numbers rose 11% yoy. • Cash up again! Now sitting on £180m at the end of the first half. Buyback on track, now with £20m completed. • As at 04/09, trading at approx. 6x ‘25e EV/EBITDA and an 8% FCF yield, still suggesting good valuation for buying. 10th September 2024 - CEO Transition & Succession - Alpha Group announced today that Morgan Tillbrook, CEO, has decided to step down from his duties at the company. - He will continue his role up until the end of the calendar year, where he will then be succeeded by Clive Khan. - Clive is currently Chairman at Alpha Group and is also the CEO of takepayments. takepayments was recently acquired by Global Payments NYSE:GPN , which I believe provides perfect timing for Clive to step down as CEO and step up for the role at Alpha Group. - With over 30 years in the FX and payments industry, there's no real better option than Clive, as his philosophy is almost identical to Morgan's. - He transformed takepayments from a failing bill payments business into one of the leading card acceptance businesses in the UK. As for Morgan, he too has a history of angel investing. - I anticipated a potential move for Morgan, as his long history of angel investing gave me a "heads up" to his absence. - At the open on the 10th, the markets felt disappointed and surprised, causing the stock to drop c.10% on the day. - However, Morgan made absolutely clear in his formal announcement that he will be leaving the business primed for further exponential growth and equipped with a robust business model. He emphasised that Alpha Group cannot be left in better hands than Clive, and I believe there is no reason to expect a rough transition in the step-up for him.
LSE:ALPHLong
by FytaLO
Major earnings are times to hedge or BTDAs far more eloquent and technical writers have covered (spotgamma, etc) - it's very clear that the markets in general are driven by single name options on the largest market cap companies. And to help visualize just how much volatility can happen around earnings on these single names, I wanted to be able to visualize those earnings dates and impacts against some of the major benchmark ETFs like SPY or QQQ. So far, I hadn't seen a place that gives this a more clear presentation so here is my first attempt at visualizing just how large the ripples are from the "megacaps" (AAPL, MSFT, NVDA, TSLA, etc) in a very "glanceable" way. Introducing this indicator here first! Earnings Date Highlighter - from0_to_1 Easily see the earnings dates from top market movers or the top holdings of your favorite ETF!
NASDAQ:QQQEducation
by from0_to_1
$NVDA after earnings insights #NVDA has been a hot topic with the recent tech boom. This stock has recently seen several earnings reports of massive growth over the last few quarters and this earnings session was no different in my opinion. NVDA beat on every category and initiated a stock buy back! i think the market was just expecting more and the sell off will be temporary. In this video I breakdown my outlook on NVDA and set expectations moving forward. i think we need to give it some room to work but there is opportunity. Im overall bullish on NVDA but i have a bearish back up plan going into September. Stay tuned for how we will probably end up making money both ways on this stock.
NASDAQ:NVDALong
by Mustangsvt281
6
NVDA New ATH Inbound Technical reasons for a move to the upside are as follows 1 - 1 Fib Extension gives us $155 TR Pocket pull gives us $154 - $157 for more confluence, and finally we have Pivots at $152. All aligning in the same region I expect price to eventually gravitate to the upside . Not necessarily all on earnings day but never say never . Market structure is also in a bullish uptrend HTF. With that in mind we have these strong technicals/confluence to expect all time highs to be taken out $140.76.*ATH come Earnings Release. I dont advocate blindly longing up here though as the last opportunity to long was back in July but if you trade the INDEX Futures then you can use this as a potential compass into taking a Long * NQ for example . I dont look at Fundamentals but it was brought to my attention that the CEO has been selling vast amounts of stock which is publicly displayed if you care to investigate . So its possible that he knows something that we dont and maybe the results that are announced tomorrow dont meet expectations . if thats the case then of course be prepared for a move to the downside before continuation to the upside but bear in mind that NVDA have beaten expectations 4 X previously and have lucrative partnerships in the tech space and AI is still in its infancy so anything can happen . I remain bullish on the sector and NVDA especially Results are announced after market close Wed 29 Share and Like to support my work
NASDAQ:NVDALong
by SJTRADESFUTURES
2
Maximize Gains with Options for $UBER: Option Chain Outlook The NYSE:UBER stock price had been in an uptrend until it reached around the $75 level, after which it entered a correction phase. The price is currently near a long-term upward trendline, which could act as strong support. Volatility: The IVRank (Implied Volatility Rank) is 107.5, indicating that the current volatility is high compared to the values observed over the past year. The IVx value is 73.6, also indicating high volatility. IVx 5-day Change: +7.8%, showing a significant increase in volatility over the past 5 days. This is common in the period leading up to earnings as investors prepare for the announcement. Price Skew: The 27.3% skew indicates that call options are more in demand, which could suggest that investors are expecting a bullish movement post-earnings. A solid skew suggests higher demand for call options, indicating a potential bullish sentiment among investors. IVx (46 DTE): 73.6, indicating high volatility expected over the next 46 days. Volatility is likely to remain high around the earnings report, which is favorable for selling option premiums. Exp.mV (46 DTE): The expected move over the next 46 days is $7.6, indicating that investors are pricing significant price movement after the earnings report.
NYSE:UBERLong
by TanukiTrade
PLTR Earnings Options Analysis: Strong SupportsCurrent Price Level: NYSE:PLTR is currently trading around 23.79 USD. Options Data: IVRank: 95.8, indicating that the current implied volatility is at the 95.8th percentile over the past 52 weeks. IV% 5d Change: 16%, showing a significant increase in implied volatility over the past 5 days. Exp. move at 46 DTE: 4.6% for options expiring in 46 days. Price Skew: 31.8%, indicating the difference between the bid and ask prices of options. Market participants overpriced call options by 31.8% for the September expiration, indicating bullish sentiment despite the significant panic in the markets today. Support Level: There is strong support below the 4/8 level, which is crucial for put options. The green line represents the strike price expected by the market based on the options chain for 46 days to expiration (46 DTE), around 18 USD. The Delta 16 PUT level is below the 4/8 Murrey Math level, indicating strong support based on the status of the current optionchain.
P
by TanukiTrade
Options Analysis for Caterpillar Inc. ($CAT)Key Levels and Indicators: Current Price: $316.49 IV Rank: 129.5 IV (46 DTE): 58.7% IV Change (5 Days): +10.2% Expected Move (46 DTE): $31.4 Price Skew: 3.1% for PUTs (almost neutral) The market appears to anticipate that the price of NYSE:CAT will remain above this strike price ($280) by the expiration date of 46 days (DTE). A 5-day change in IV of +10.2% indicates increasing volatility possibly due to upcoming earnings or other significant events + today crash of SP500. An expected move of $31.4 suggests that the market predicts CAT could move within a $31.4 range from its current price over the next 46 days. The green horizontal line at $280 represents a critical support level at MurreyMath 2/8.
NYSE:CATLong
by TanukiTrade
Stock Pricing Above Fundamentals Ahead of EarningsWeekly Chart: NYSE:ANET reports today after the close. The stock has a short-term topping formation that is nearly completed. The prior runs went speculative but then corrected. The top is similar to the previous peak and the depth of correction is likely to be similar. The stock has simply moved beyond fundamental levels. This is NOT likely to turn into a long-term top unless there is something substantially wrong with the company and its products. To become an intermediate-term top, it must have lower highs and lower lows. That is not in the chart at this time. Ideally, the stock needs to shift sideways to build a much stronger support level to sustain a longer-term uptrend. HFTs are in the mix and may gap the stock on earnings news.
NYSE:ANET
by MarthaStokesCMT-TechniTrader
$T cheapest good R:R earnings play2024-07-23 at 3DTE NYSE:T Jul 26th 16/17 Put Ratio Spread Options Overlay indicator and Options Screener in action. Tomorrow before open : Earnings Max loss: $2.5 Max profit: $97 Bp.req: $200 Bearish micro, bullish macro. I expect that even in the event of a possible fall, the 4/8 will hold the price. If it doesn't, then the upward macro trend. So I went for a pretty safe-looking trade, with the green rage showing the range of returns, so I will sleep well :) PUTS = CALLS equally priced for 3DTE.
NYSE:TShort
by TanukiTrade
Visualize $TSLA CALL pricing skew due to the upcoming earningsLet’s take a look at our new tradingview options screener indicator to see what we observe, as the options chain data has recently been updated. When we look at the screener, we can immediately see that NASDAQ:TSLA has an exceptional Implied Volatility Rank value of over 100, which is extremely high. This is clearly due to the upcoming earnings report on July 23rd. As we proceed, we notice that Tesla's Implied Volatility Index is also high, over 70. This means that not only the relative but also the absolute implied volatility of Tesla is high. Because the IVX value is above 30, Tesla’s IV Rank is displayed with a distinguishable black background. This favors credit strategies such as iron condors, broken wing butterflies, strangles, or simple short options. Next, let’s examine how this IV index value has changed over the past five days. We can see it has increased by more than 6%, indicating an upward trend as we approach the earnings report. In the next cell, we see a significant vertical price skew. Specifically, at 39 days to expiration, call options are 84% more expensive than put options at the same distance. This indicates that market participants are pricing in a significant upward movement in the options chain. The call skew is so pronounced that at 39 days to expiration, the 16 delta call value exits the expected range. This signifies a substantial delta skew twist, which I will show you visually. We see a horizontal IV index skew between the third and fourth weeks in the options chain. This means the front weekly IVX is lower than the IVX for the following week, which may favor calendar or diagonal strategies. Hovering over this with the mouse reveals it’s around the third and fourth week. In the last cell, we observe that there’s a horizontal IVX skew not just in weekly expirations but also between the second and third monthly expirations. Now, let’s see how these values appear visually on Tesla’s chart using our Options Overlay Indicator. On the right panel, the previously mentioned values are displayed in more detail when you hover over them with the mouse. The really exciting part is setting the 16 delta curve and seeing the extent of the upward shift in options pricing. This significant skew is also visible at closer delta values. When we enable the expected move and standard deviation curves, it immediately becomes clear what this severe vertical pricing skew in favor of call options means. Practically, market participants are significantly pricing in upward movement right after the earnings report. Hovering over the colored labels associated with the expirations displays all data precisely, showing the number of days until expiration and the high implied volatility index value for that expiration. Additionally, a green curve indicating overpricing due to extra interest is displayed. Weekly expiration horizontal IVX skew values appear in purple, and those affected by monthly skew are shown in turquoise blue. The 'Lite' version of our indicators is available for free to everyone, where you can also view Tesla as demonstrated. Pro indicators are available more than 150 US market symbols like SPY, S&P500, Nvidia, bonds, etfs and many others. Trade options like a pro with TanukiTrade Option Indicators for TradingView. Thank you for your attention.
NASDAQ:TSLAEducation
by TanukiTrade
Mind the gap! What next for Broadcom?Broadcom (AVGO) has been a major beneficiary of the AI boom, with its stock soaring 53% since the beginning of 2024 and more than doubling year-to-date. While not reaching the astronomical heights of NVIDIA (NVDA), Broadcom's performance remains remarkable. The company's Q2 revenue report was a resounding success, showing a 43% year-over-year increase, while EBITDA grew 31% year-over-year. This strong performance prompted Broadcom to announce a 10:1 stock split on July 15th, a move that will make the stock more accessible to smaller retail investors. The sustainability of this growth in the rapidly evolving AI landscape remains a key question for any AI-related company. However, Broadcom's forward P/E ratio of 35 appears relatively modest compared to its AI peers like NVIDIA (50), CrowdStrike (95), and AMD (46). This suggests that Broadcom may still have room for further valuation expansion. Following the impressive earnings report, the stock surged 12% on June 13th and continued to trade higher in after-/pre-market activity. The technical picture is also positive, with the price comfortably above its short, mid, and long-term moving averages, indicating strong momentum. The recent surge in volume, reflected in the Volume Oscillator, further underscores the heightened interest in the stock. While the Relative Strength Index (RSI) is currently in overbought territory at 79.23, this is not unusual following a major earnings announcement. Importantly, the RSI's moving average has been trending upwards since early May, suggesting that the bullish momentum behind AVGO may not be exhausted yet. Furthermore, the overall market sentiment towards AI remains positive, which could continue to support Broadcom's growth trajectory. Yet it remains important to monitor Broadcom's competitive position in the Semiconductor Solutions & Infrastructure Software market, as the landscape is constantly evolving. Risk Management: Despite the positive outlook, investors should be mindful of potential risks, such as a slowdown in AI adoption or increased competition, and employ appropriate risk management strategies.
NASDAQ:AVGOLong
by WHSelfInvest
Meta Platforms - Watch the earnings!Hello Traders and Investors, today I will take a look at Meta Platforms. -------- Explanation of my video analysis: For more than five years Meta Platforms has been trading in a reverse symmetrical triangle formation. We saw the last retest of support back in the end of 2022 which was followed by a decent rally of +450% towards the upside. At the moment Meta Platforms is retesting the upper resistance of the triangle formation so it is quite likely that we will see at least a short term rejection towards the downside. -------- Keep your long term vision, Philip (BasicTrading)
NASDAQ:METAShort
by basictradingtv
8
Nvidia Stock Eyes Apple’s 2nd Spot After Monster 30% Gain in MayChip giant racked up nearly $700 billion in market cap last month and is on track to become the world’s second-largest company. If you’ve been extremely online and following the headlines for a while, you know how this blog will kick off: Nvidia (ticker: NVDA ) crushed, smashed, and shattered all expectations while reporting record profits and revenue. The artificial intelligence (AI) bonanza is so strong it’s literally no-froth-gains-only out there. Not that much in the loop? Let’s catch you up. For the fiscal first quarter, Nvidia reported record revenue of $26 billion, up 262% year-over year. Along the way, shares of the AI-focused company soared past $1,000 a pop and the stock is now threatening to overtake iPhone maker Apple (ticker: AAPL ) as the world’s second-largest company . Blink and You’ll Miss It. You Blinked, Right? Not that long ago — in March 2019 — Nvidia was a little-known GPU provider with its niche found in the gaming sector and the crypto mining corner. And, worth mentioning, it was chugging along as the 84th company in the world by market cap with shares changing hands at $30 a piece. Fast-track to nowadays, Nvidia’s market cap hovers near $2.7 trillion after gaining a monster 3,755% from its March 2019 lows. It also swooped in as the third-biggest company globally, replacing Amazon (ticker: AMZN ). Nvidia’s Big Gains Could Dethrone Apple The AI mainstay picked up more than $700 billion, or 30%, in valuation over May as its shares hit a record high of $1,160. The big leap positioned the company’s market cap less than 10% shy of Apple’s $2.95 trillion. This said, another $250 billion and Nvidia will become the second-biggest company in the world, trailing Microsoft ( MSFT ), valued at $3.2 trillion. That is, if Apple stays where it is now. The iPhone maker, on the other end of the spectrum, is having a rough year. The victim of a monopoly lawsuit , Apple is witnessing its shares linger around a 3% gain for the year, compared with Nvidia’s 130% rise. What’s more, spiraling iPhone sales in China added to the brewing troubles. Can Nvidia Sustain Its Bonkers Revenue Growth? Looking forward, Nvidia expects to rack up revenue of $28 billion for the current quarter . Recent quarterly performance shows that this type of guidance is not only being met, but it’s being comfortably exceeded. That’s what happens when you have big tech companies lining up to be your loyal customers. Nvidia is happily selling its hot hardware to the biggest and baddest out there — Microsoft (ticker: MSFT ), Google (ticker: GOOGL ), Tesla (ticker: TSLA ) and privately-held ChatGPT parent OpenAI are all scrambling to get their hands on the powerful chips made by Nvidia. These heavyweights usually pre-order the good stuff and sign contracts worth billions and billions of dollars, allowing Nvidia to predict how much revenue it will bring in over a quarter. Coming for That Margin Investors poured hundreds of billions into Nvidia as they sought to capture the AI train. What this has done to the industry is to propel a single company to the forefront while leaving a huge gap for the rest of the companies that a) have ample amounts of cash to invest, and b) are looking to get a piece of the AI action. Here’s Nvidia’s weak point: it boasts a huge profit margin. For the past quarter, Nvidia churned out a net income of $14.88 billion on its $26 billion revenue. That’s a clear invitation for other players in the ecosystem to swoop in and attack that profit margin. Rivals such as AMD (ticker: AMD ) could be looking to get involved in the battle for margin and launch a product that’s slightly better, slightly faster, and slightly cheaper than what Nvidia is making. The incentive is there — the question is when will a rival roll out a competitive product worthy of attention? Let’s Hear from You! What’s your take on Nvidia and the AI race? Do you own Nvidia shares or maybe AMD shares? Join the discussion below.
NASDAQ:NVDA
by TradingView
21
NVIDIA - ready for the earnings? Regarding Nvidia, we maintain our view that Wave ((iv)) has concluded, and we are currently on the path to completing the overarching Wave 3. We anticipate this wave to reach between $1032 and $1300, which we consider the maximum potential target range for now. We observed an accumulation phase from June 2023 to January 2024. This area might become significant again, possibly next year, as a zone for placing new entries. Currently, the market has left a lot of imbalances and shows very little volume on the way up because the price has been consistently surging. With the earnings report due today, we can expect around 8.7% volatility in either direction, depending on the earnings outcome. It’s common to see even greater fluctuations than anticipated during such events. We will find out this evening after the market closes. For now, everything points towards the continuation of the upward trend. Zooming in, it's clear that since reaching the 461.8% level, where we perfectly completed Wave ((iii)), we have seen the formation of Waves (i) and (ii) in the current move to complete wave ((v)). We anticipate expanding this upwards within the trend channel. Our tentative expectation is that the upcoming earnings report might outperform expectations, which would align with the chart’s indications. If earnings exceed expectations, we could see a spike to a new all-time high, followed by a retracement marking Wave (iv) and then an overshooting Wave (v). The target zones for Wave ((v)) are similar to those of Wave 3, lying between the 50% and 61.8% Fibonacci extensions. Specifically, we are looking at a range between $1123 and $1192. After reaching these levels, we expect a significant pullback towards the Wave 4. This scenario would align with typical Elliott Wave patterns and provide opportunities for strategic entries and exits.
NASDAQ:NVDA
by stromm_by_wmc
Study of Dark Pool Buy Zones: CRWDNASDAQ:CRWD reports out of season, June 4th. When outlined to eliminate the extreme price action, there is a clear sideways trend. This is a Dark Pool Buy Zone. When the stock moves outside of that zone, it recovers quickly back into the zone. The huge Black candle was a gap up by HFTs on the last earnings report, followed by pros taking profits. Along with a lack of accumulation at that level, the stock whipsawed back down. The black candles thereafter were smaller funds selling on each bounce. Notice the tiny white candles that follow the black candles (see the orange arrows), patterns that reveal controlled, incremental buying against the selling. This is a longer sideways trend with stronger support and more definition of the buy zone despite heavy interference from small funds selling in the past couple of months.
NASDAQ:CRWD
by MarthaStokesCMT-TechniTrader