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Nvda_analysis

Nividia Poised for ATH Test!Exhibiting signs of exhaustion, U.S. equities gave up nearly all their gains from the morning, closing today's session flat. The Dow Jones Industrial Average gained +0.56%, the S&P 500 +0.90% and the Nasdaq 100 led the way with +1.09%. Interestingly, a number of heavy hitters are roaming around resistance. One name of note is Apple which finally entered a region where I'd suspect sellers to begin coming in between 301-308. I'll touch upon Apple tomorrow morning. Today, we take a look at Nividia Corp. ahead of earnings May 21st. All-Time High Bound? With Nividia Corp. (NVDA) reporting their quarter one earnings on May 21st and yesterday's news that it acquired Cumulus Networks, a deeper look into the charts was deserved. Below is the 4-hour chart of NVDA. NVDA has rallied 68% off the March lows and has been consolidating at its highs for just over two weeks, a bullish sign. Additionally, resistance at 300 has been tested a third time, as NVDA posts higher lows on declining volume, also bullish. Notice the ascending triangle taking shape. Although, known as a bullish continuation pattern, it is not confirmed until a breakout to the upside. With a breakout the projected target would would propel NVDA to all-time highs of 340 per share. There is a lot of positive going for NVDA heading into earning's. That said, could NVDA be setting up as a sell the news candidate? The ascending triangle set up is poised to breakout prior too May 21st earnings. It is something to keep in mind if taking on the bullish trade. With fundamentals and technicals aligning heading into earnings, its hard not to be bullish NVDA. Bias: Bullish . Flat Week Continues Today was the second straight day U.S. indicies posted flat gains. It's really not a surprise. There is a log of uneasiness in the market and tomorrow may shed some light on that uneasiness. Tomorrow the ADP unemployment report is released and should offer some insight on Bureau of Labor Statistics unemployment rate announcement this Friday. Spoiler, the the report won't look great. Until then, have a great evening!
NASDAQ:NVDALong
by DailyClose
Nvidia: Reverse Head and Shoulders Pattern Analysis 1D (Apr. 20)X FORCE GLOBAL ANALYSIS: In this analysis, we take a look at both technicals and fundamentals for Nvidia (NVDA) Technicals - We see a text book reverse head and shoulders pattern - It seems as though the right shoulder has also finished forming, and our neckline remains around our support at $285 - Our all time high resistance sits at $315 - The Relative Strength Index is forming higher lows, and continues in an uptrend as a sign of trend strength - The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms after a golden cross, indicating signs of momentum - Normally, a breakout from the reverse head and shoulders pattern is resulted by an increase by the same degree of the depth of the neckline Fundamentals - The operating margin for Nvidia sits at 26.10%, gross at 62%, and net at 25.6. - Nvidia generates considerably more profit, after expenses are accounted for, compared to its counterparts What We Believe Overall, Nvidia shows bullish technicals, and sound fundamentals. As a solid stock, it appears that Nvidia could move on to test new all time highs. Trade Safe.
NASDAQ:NVDALong
by XForceGlobal
3
NVDA- bullish movementsShares of Nvidia Corp. (NVDA) rallied 1.7% toward a record high in premarket trading Wednesday, after Bernstein analyst turned bullish on the graphics chip maker, citing upcoming product cycles, near-term catalysts and the resumption of hyperscale spending. They have raised his rating to outperform, after being at market perform for the past year. They have boosted the stock price target to $360, which is 21% above Tuesday's closing price of $296.57, from $300. Price is already up about 5.3% today as I pen down this review Lets now look at the charts from a cycle perspective and see what is expected. We are in a upside zone in the 42 day cycle, one that the stock has been following well. In this bullish phase, positive news can have expanded favorable movements, as we are witnessing. As shown in the charts, as the cycle matures, somewhere in the first week of March 2020, one may expect a minor test of support levels as minor cycle bottoms, and price should likely find support in todays gap up opening around 297 levels being strong, until breached. As the larger cycle matures around end of March/ First week of April 2020, price is expected to make a cycle bottom, NVDA should like find support around (price around $284 to $275 ), the upward window and the previous window $262 to $264. Hope this finds value and buying on dips may be a god option specially around support zones. If you like what you read, please share a thumbs up and share your comments below. Follow me for more updates on this.
NASDAQ:NVDALong
by LoveForCharts
Daily NVDA forecast timing analysis by Supply-Demand strength24-Jun Investing strategies by pretiming Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. View a Forecast Candlestick Shape Analysis of 10 days in the future: www.pretiming.com (You can easily create a trading plan.) D+1 Candlestick Color forecast: GREEN Candlestick %D+1 Range forecast: 4.0% (HIGH) ~ 0.2% (LOW), 2.5% (CLOSE) %AVG in case of rising: 2.8% (HIGH) ~ -0.5% (LOW), 2.0% (CLOSE) %AVG in case of falling: 1.2% (HIGH) ~ -2.5% (LOW), -1.2% (CLOSE) Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
NASDAQ:NVDALong
by pretiming
$NVDA. Bearish trend. Short this dog at $175.Well, the strong bullish trend has a place because the crypto mining was the trend of 2017-2018, at the moment a lot of coins and including the Ethereum of course are developing the stacking mining model so I can't see any positive for NVidia in the near future. NVidia is working on the AI driver, but there are too much competitors on the market, and some of the have control their own production of cars like Tesla, Jaguar or BMW. If you like shorts or puts, I think $175 per share is the best price to short NVDA and take a profit at $100. Time Frame: 1 Week Resistance: ~ Strong resistance $170 - $175 ~ Resistance EMA lines ~ Downtrend on the graph Support ~ $100 Short ~$175 SL ~ $190 TP ~ $100 I have the subreddit with the same name, if you wanna ask me or community, feel free to do that. Hit like, comment and follow for more profitable ideas.
NASDAQ:NVDAShort
by MARKETKNOWS
NVDA forecast timing strategies.Stock investing strategies Read more: www.pretiming.com Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit S&D strength Trend Analysis: In the midst of a downward trend of strong downward momentum stock price flow marked by temporary rises and strong falls. Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a strengthening selling flow again. D+1 Candlestick Color forecast: RED Candlestick %D+1 Range forecast: 0.5% (HIGH) ~ -1.0% (LOW), -0.6% (CLOSE) %AVG in case of rising: 2.9% (HIGH) ~ -0.6% (LOW), 1.9% (CLOSE) %AVG in case of falling: 0.6% (HIGH) ~ -2.8% (LOW), -2.0% (CLOSE) Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
NASDAQ:NVDAShort
by pretiming