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Nvdashort

Nvidia Hits Major Resistance Level.AMD and NVDA are both hitting a top of channel Resistance on larger timeframes. I am looking at $460 for a potential short on nvidia. I will play a tight stop and see if it can break above the channel. If it did break above you would want to see it establish a new support level above old Resistance, then you could play it going up. But for now I will stick to the rules and look at this as a potential reversal. If sellers stepped up we could see a potential 20% retracement. Risk a little for a potential bigger move down. The spx500 is almost back to all time highs, I don't think we will blow right through. We could see some correction in the markets first, then we can see where we want to establish support. It will be an interesting month. Best of luck
NASDAQ:NVDA
by UnknownUnicorn2319099
7
$NVDA Earnings Play | What's The Move NVDANvidia ($NVDA) Gains But Lags Market: What You Should Know Technical Analysis Going Into Earnings | NASDAQ:NVDA The Plays: - Bullish Call: $400 Call 8/21 | Currently sitting at $1783 (preferably we will wait for a down day to enter) Thinking $400 will be a solid sell wall. - Bearish Put (entry late August): $350 Put 12/18 |Patience will pay My standpoint on NVDA is rather bullish , sitting up 20% from pre-covid highs. If we breakout, we will look to play the continuation without a strong set target. Zooming out we can see a iffy rising wedge formed, will this be enough to contain the beast & send it down? (rising wedge: formed 391 days ago) Quick News Updates: NVDA will be looking to display strength as it nears its next earnings release. In that report, analysts expect NVDA to post earnings of $1.95 per share. This would mark year-over-year growth of 57.26%. Meanwhile, our latest consensus estimate is calling for revenue of $3.65 billion, up 41.71% from the prior-year quarter. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.66% higher within the past month. NVDA is currently a Zacks Rank #2 (Buy). NVIDIA still generates the largest share of its revenue from gaming, but it's no longer just a gaming company. It's applied its expertise in computing power to data centers, a key component of the red-hot cloud computing space, and to the market for artificial intelligence (AI). DotcomJack | DM Always Open Do not trade this, I am not a trained professional nor am I a financial advisor
NASDAQ:NVDA
by DotcomJack
1
Been watching NVDA: Next Target $330First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. For the last few days of watching Nvidia and looking at the current market spread, I feel like for a small bullish expectancy, is at least realistic. It will likely pass the $330 price threshold within days, a week or so at most (though expected way sooner). I am not sure though about the earnings call, which is why I am mostly mutual on either shortening it or doing your own research before doing a hold after May 19th. This stock has been having stable growth overall however.
NASDAQ:NVDAShort
by gamer456148
1
$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 SHORTEarlier today, Citron Research tweeted that they believe NVDA is on the way to $200. They pointed out that customers are moving away from GPU to TPU as they find it easier and cheaper. After the companies Q2 report and disappointing crypto stream, I could see this being a possibility. Especially from the head and shoulders pattern we can observe. $NVDA has been a huge player in the game for so long this could be the chance for smaller companies to have break through and have a larger presence as competitors. What do you guys think? Bullish or bearish heading into 2019? Personally, I would like to see some smaller companies step it up and put the pressure on $NVDA and I'm overall bearish at least for now. In the next Q3 report I would like to see some transition to TPU and an overall increased beat on estimates.
NASDAQ:NVDAShort
by goodppldonttrade
1