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Overcoming Regret: How To Move Forward and SucceedRegret is a common emotion experienced by traders when they miss out on opportunities or a trade they took doesn't go the way they believed it would. It is a feeling of disappointment or dissatisfaction with a decision that has been made or not made. In trading, the fear of missing out (FOMO) can often lead to irrational decision-making, which leads to missed opportunities or poorly timed entries. Today we will explore the psychology of regret in trading and provide tips for dealing with missed opportunities. The psychology of regret: Regret is a complex emotion that can be triggered by many factors when trading. In trading, regret is frequently stirred up by missed opportunities. When an opportunity slips past a trader, they may experience disappointment, frustration, and anger. These emotions can lead to irrational decision-making, often resulting in further missed opportunities or poorly executed trades. One of the reasons why traders experience regret is due to the phenomenon of counterfactual thinking. Counterfactual thinking is the process of imagining alternative outcomes to past events. When traders miss out on an opportunity, they may engage in counterfactual thinking by imagining what could have been if they had made a different decision. This can lead to feelings of regret and disappointment. Another reason why traders experience regret is due to cognitive dissonance. Cognitive dissonance is the discomfort that arises when one feels a conflict between beliefs and actions. When traders miss out on an opportunity, they may experience cognitive dissonance because their faith in what they see in the market may conflict with their actions. How do we deal with missed opportunities? Dealing with missed opportunities is a principal aspect of trading psychology and maintaining a positive mindset. Your trading strategy and plan may have a strong foundation, but our own mind is often the biggest obstacle we face in trading. Here are some tips for dealing with missed opportunities. Accept that missed opportunities are a part of trading: Missed opportunities are a part of trading. No trader can catch every opportunity that arises in the market. Accepting this fact can help traders cope with the disappointment and frustration that can manifest when opportunities are missed. If we do not recognize this we may start to make brash decisions, which can lead to over-trading. Overtrading can lead to losses that may impact your trading mindset, more negatively than simply missing an opportunity. Learn from missed opportunities: Missed opportunities can be a valuable learning experience for traders. By analyzing the reasons why an opportunity was missed, traders can learn from their mistakes and improve their decision-making in the future. However, it is important to be careful with this, one or two missed opportunities do not mean you need to question your entire strategy. It is important to take a step back and objectively look at what happened and analyze if there were possible opportunities for improvement. Focus on the present moment: Focusing on the present moment can help traders avoid counterfactual thinking. Do not get sucked into making FOMO decisions and entering trades at poorly executed times. Instead of dwelling on missed opportunities, traders should focus on the current market conditions. As traders, we need to be forward-looking to explore new opportunities that can be confirmed by a robust yet simple trading system. Talk it out with other traders or a trading community: Talking to other traders or a trading community can help traders deal with missed opportunities and regret. Other traders can provide support, advice, and a fresh perspective on the given situation. You might be surprised to find out you are not alone in how you feel about missed opportunities. A trading community can also offer a sense of belonging and understanding, which can be helpful in managing other difficult emotions when trading. Conclusion Regret is a complex emotion that can be triggered by a variety of factors when trading, and if you have felt it, you are definitely not alone. Dealing with missed opportunities is a critical part of trading psychology as it happens to everyone at every skill level. By accepting that missed opportunities are a part of trading, learning from missed opportunities, focusing on the present moment, and talking to others, traders can cope with the disappointment and frustration that comes with missed opportunities and improve their decision-making in the future.
NASDAQ:NVDAEducation
by LeafAlgo
3
"The Rothschilds have reduced their position in Nvidia!"The Rothschilds have reduced their position in Nvidia! Benjamin Melman, Global Chief Investment Officer (CIO) of the fund manager Edmond de Rothschild, has revealed that the firm has been overweight in Nvidia since late 2020, but has now partially taken profits and now holds a "much smaller position" Eight years of ownership, during which it has "paced" its additions and deletions The position in Nvidia was increased in 2015 when Nvidia's results first exploded. At one point the position was as high as more than 1.6 million shares. In the slow rise in Nvidia's share price, the holding was finally reduced to less than 10,000 shares in the first quarter of 2018. By this time, though, Nvidia shares had also risen from near $4 in 2015 to near $60, an estimated 15-fold increase. After 2018, the ups and downs of virtual currencies sent Nvidia's share price on a rollercoaster ride. late 2021 saw the collapse of virtual currencies, which saw Nvidia's share price slump for a time as well. During this period, Edmond de Rothschild seems to have "stepped in" to increase and decrease his position each time. Then in late 2022 he plunged 200,000 shares of Nvidia ..... This really is a bottom ..... I basically bought at the lowest point and told everyone today that I sold out U.S. valuations are here, but the A-share is going under license! Another hair first Nvidia EVP, CFO Kress Colette also on May 30, 2023 U.S. time ongoing sale of the company's equity. Sure enough, the leader goes first
NASDAQ:NVDA
by MieMie87
Nvidia -> The Final ConsolidationHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction. You can also see that we do have the next previous resistance zone which is now turned support exactly at the $325 area so I am now just waiting for Nvidia to actually retest this zone and then I do expect more continuation towards the upside. On the daily timeframe you can see that Nvidia stock is currently stuck in between support and resistance - nothing too interesting for now, I am just waiting for a break below the previous support area at $375 and then I do expect Nvidia to fill the gap and retrace back to the $325 level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
45
⭐NVIDIA - Best Buy of the Decade? ⭐⭐⭐⭐NVDA stock has massive growth prospects and its strong fundamentals prove it. Not sure about the 'Best Buy of the Decade' part but it is definitely a STRONG BUY! - acquisition of the UK Based Arm. Once this deal closes, Nvidia will enjoy a competitive advantage in the industry. It also will become a major player as a provider for the chip industry and will rule the world of AI. - Nvidia is making its presence felt across several industries (AI, gaming, crypto mining, defense, electric cars, everywhere NVIDIA) and the demand for its chips is only increasing each quarter - NIO partnership to Develop a New Generation of Automated Driving Electric Vehicles - ⭐STOCK SPLIT in 5 days (July 20th)⭐⭐⭐⭐ ⭐NVIDIA(NVDA) has announced a four-for-one stock split – to make stock ownership more accessible to employees and investors. Each shareholder as of July 20th will receive a stock dividend of three additional shares. ⭐This is like a Cash Dividend but in a form of stock, and it dilutes the high share price while the market cap and fundamentals remain the same. Starting July 21th , trading will be done on a stock split-adjusted basis. ⭐NVidia split stock means that new investors with limited capital can afford purchases of NVidia's stock. This potentially provides a significant boost to public involvement and therefore higher Demand for NVidia shares leading to potentially higher prices, ⭐Take a look at TESLA split and you will probably agree with the statement (Tesla had a stock split a year ago and its obvious from the chart – it was huge success to Shareholders. Price went up almost 80% In a matter of 3 weeks, and then after period of consolidation price went up for a New All Time High, banking extra up to 125% for its shareholders. Therefore, As history repeats –We can potentially expect similar results from NVDA split. We can buy and hold or you can trade it. I will do both and for sure it will be a fun occasion and I doe xpect a dip to buy when the price will consolidate. That's the best part of the deal fellows. I am LOVING it, the FXPROFESSOR
NASDAQ:NVDALong
by FX_Professor
32
Semiconductors NVIDIA and TSMC Vs BTC Ratio Semiconductors Vs BTC Ratio - Since Sept 2017 we have been in a range - The 3 channels are periods Semiconductors(SCRs) performed better than BTC. - The red resistance has been a sell indicator for SCRs. - Exiting the 3 channels also meant sell SCRs. Within months we are reaching a potential exit point for SCRs with BTC potentially offering better returns once we reach resistance or leave the current channel. Factoring in yesterdays tweet regarding TSM, the next 3 - 6 months will be pertinent for SCRs and will likely provide a final upward thrust and an exit opportunity. It is possible that we break the resistance on the chart however this has not happened since Sept 2017 and may not happen. If it does we can reenter on a retest of the resistance turned support. I would still sell having enter the resistance. This chart gives us another metric to watch for the SCR and BTC trade simultaneously. With AI making news lately the AI driven sentiment could offer the final thrust and exit position opportunity we are looking for for NVDA & TSM. Given NVDA has has such an epic move and factoring in that TSM appears to be signaling that its now its turn to rise (yesterdays tweet), my positioning would be into TSM. Furthermore, anyone wanting to diversify an AI holding, may sell NVDA into TSM. We shall see. A fascinating sequence of events that we can observe and trade off over the next 3 - 6 months. PUKA
NASDAQ:NVDA
by PukaCharts
A Deep Dive into NVIDIA's $960B Success Beginning their journey in a modest Denny's, Nvidia has skyrocketed to become a dominant force in the technology industry. Outshining major tech players, Nvidia's $960 billion market cap now overshadows Facebook ($665B), Tesla ($618B), and Netflix ($168B). It's their monumental growth that solidifies our confident and long-standing endorsement of Nvidia. Nvidia's Game-Changing Invention: The GPU Back in 1999, Nvidia transformed the technology landscape by introducing the world to the graphics processing unit (GPU). Their GeForce series swiftly emerged as a crucial asset for PC and console games requiring advanced graphics. Elevating GPU Programming: The Launch of CUDA Computing Platform Nvidia didn't halt their innovation at GPUs. In 2007, they unveiled the CUDA computing platform, which revolutionized GPU programming and led AI enthusiasts towards Nvidia's superior technology. A Nvidia representative noted, "We acknowledged early that accelerated computing was necessary to address the world's most pressing issues. Thus, we committed to crafting CUDA in its entirety, thereby bestowing millions of developers with the capability of general-purpose acceleration." GPUs & Generative AI: A Perfect Pair GPUs, as it turns out, are ideal for the rigorous data processing and model training needs of generative AI. Nvidia stands unrivalled in providing large memory chips, with their top-tier A100 series costing $10K each. Envisioning a CPU to Gen AI Shift: CEO Jensen Huang's Market Forecast Nvidia's CEO Jensen Huang anticipates a substantial shift in the trillion-dollar data center market: "Historically, data centers globally were 100% CPU-based. However, I predict that in the next 5-10 years, a large portion of this $1 trillion market will be dominated by gen AI." With the tech gold rush in full swing, Nvidia's GPUs are shaping up to be the most lucrative 'shovels' ever seen. Our unwavering support for Nvidia from the outset is a testament to their relentless innovation, risk-taking prowess, and strategic brilliance. They're not merely reshaping the future of technology; they are a shining example of the transformative power that aligns ambition, vision, and action.
NASDAQ:NVDA
by cryptohubble
#AMD3 Leveraged 3x Long with American Micro Devices StocksAll the World chipmakers are on the rush this night, due to Nvidia Q1'23 Earnings Report. LSE:AMD3 is the Leverage Shares 3x AMD ETP Securities that seeks to track the iSTOXX Leveraged 3x AMD Index, which is designed to provide 3x the daily return of Advanced Micro Devices, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Advanced Micro Devices, Inc. stock and uses margin (borrowing) to purchase additional shares of Advanced Micro Devices, Inc. stock. For example, if Advanced Micro Devices, Inc. rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Advanced Micro Devices, Inc. falls by 1% over a day, then the ETP will fall by 3%, excluding fees. Key Features • Opportunity to magnify returns in one simple trade. • Liquid. Trades like an equity on exchange, with multiple market makers (MMs). • You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls. • Simple to trade, no need for futures, no need to use margin accounts. • Transparent structure with full ownership of the underlying assets, so credit risk effectively negated. • Is independent and managed by industry experts. Key Risks • Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. • Investors can lose the full value of their initial investment (but not more). • Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk. • Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works. • Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor. • Only use these ETPs if you can monitor your positions daily or during the day. • Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product. Key TA Highlights • LSE:AMD3 trades higher its weekly SMA(52), since middle of the May, 2023 • Technical picture indicates the possibility to further 100 per cent upside price action.
LSE:AMD3
by Pandorra
This #1 Stock Will Shock YouBecause this stock was in the news the whole week Honestly -- i didnt think anything would happen to it -- It made a surprise gap The one i have been telling you about -- This gap happend on thursday Right after the market open -- If you missed this trade dont worry there are always good trades -- every week The question is which one will it be next week? -- Watch this video to find out this stock which gaped and cause a media frenzy - --If this video helped you Like it and share it -- Cheers, Lubosi Forex
NASDAQ:NVDALong
by lubosi
2
Hey Siri, why is NVIDIA Mooning?The simple answer is AI. Amongst other things, but currently AI is the latest Buzzword on everyone's lips! I recently posted a stream on how you can use chat GPT to make a pinescript indicator (see below) There are so many possibilities with AI and we are still early, very early! NVIDIA stock closed near a trillion-dollar market value this week as shares surged 25% following a better than expected earnings report from an artificial intelligence boom globally. This puts NVIDIA at around 160% plus on the year in terms of it's stock price. This in turn attracts late comers to the party. Of course, they were already on the up n up from growth since the Pandemic. The Covid outbreak and lockdowns around the world meant gaming took off in a big way. Cloud adoption surged and crypto enthusiasts turned to its chips for mining coins. To make things 'better' Goldman Sachs analysts now estimate that U.S. investment in AI could approach 1% of the country's economic output by 2030. All green lights for AI and NVIDIA. But the reason this tech company, more than others right now is soaring? Well, did you know??? The large computers that process data and power generative AI run on powerful chips called graphics processing units (GPUs). Nvidia produces about 80% of GPUs, according to analysts. What else is there to know? Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Editors' picks
NASDAQ:NVDA
by Mayfair_Ventures
23
NVIDIA ($NVDA): Trend is still bullishFrom a technical point of view, NASDAQ:NVDA 's trend is bullish on daily and intraday charts, and after some correction, NVIDIA Stock should trigger at least the latest rally. That said, if we look at 1H chart, we see a completed wave 3 and a corrective structure in play. The 309/303 support area should limit a potential pullback before a price recovery, , and as shown on chart, the amplitude of wave 5 should be around 7%. Trade with care! Like if my analysis is useful. Cheers! About INVIDIA NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment consists of product brands, including GeForce for gamers, Quadro for designers, Tesla and DGX for AI data scientists and big data researchers, and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.
NASDAQ:NVDALong
by TheAnonymousBanker
2
Nvidia -> What A MoveHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia just perfectly broke above the previous all-time-high which we created back in November of 2021 at the $340 level. You can also see that from a weekly perspective Nvidia stock is a little bit overextended towards the upside, Nvidia just created a rally of 250% without any real correction, so I am now just waiting for a retest of the previous all-time-high and then I do expect more continuation towards the upside. On the daily timeframe you can see that Nvidia stock is massively gapping towards the upside today with a gap of 25%, breaking all resistance towards the upside but as I mentioned we are a little overextended towards the upside so I am now just waiting for some kind of a distribution phase and then I do expect a short term correction towards the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
33
Nvidia Gains Favor with Influential Wall Street Family OfficesNvidia has garnered significant backing from some of the largest family offices on Wall Street, as evidenced by its remarkable 11.8% surge last week. This performance is all the more noteworthy considering that NVDA stock has already risen by 121% year-to-date. The recent release of 13F filings unveiled that family offices associated with Stanley Druckenmiller, David Tepper, and Steven Cohen have either initiated substantial positions or increased their existing holdings in Nvidia. Druckenmiller augmented his stake in NVDA by 35% during the first quarter, acquiring over 208,000 shares, which now represent his second-largest holding. Tepper purchased 150,000 new shares, while Cohen's Point72 family office bought over 980,000 shares of Nvidia stock in the same period. The investment thesis revolves around Nvidia's revolutionary $40,000 H100 GPU chip, which has emerged as a primary tool for processing the vast datasets necessary to power AI chatbots and other advanced products. Considering these developments, our forecast indicates a further increase in the value of Nvidia.
NASDAQ:NVDALong
by FOREXN1
23
NVIDIA - A big tech leading indicator NVIDIA (NVDA) - EARNINGS are reported TODAY after market close - Expected Earnings 0.924 EPS (prior 0.88) - Expected Revenue $6.532 bln (prior $6.051 bln) - We are oversold on the weekly but could hit the Cup & Handle ceiling before turning over. - P/E ratio up from 57 in Oct 2022 to 175 in May 2023... - Price is 182% up from the Sept 2022 lows - Pre Market is down @ $303 from $306.88 Being the tech sector sentiment leader, If NASDAQ:NVDA earnings are lower than expected today it could catalyze the next swing lower in tech. If positive we could revisit ATH but I would expect a rejection from this level. Based on all of the above a correction in price is the most probable outcome, this could start today or after revisiting $335 briefly. Potential bullish long term view which includes a sharp rip downward at some stage followed by a repeat Fractal and cup and handle to drive shorts and longs insane, all whilst staying in the long term comfort channel. All of which can happen with todays earning being the cup and handle inflection point (A drive up to $335 and rejection followed by significant decline or we turn over here now).
NASDAQ:NVDA
by PukaCharts
#3NVD Leveraged 3x Long with Nvidia Corporation StocksAll the World chipmakers are on the rush this night, due to Nvidia ( NASDAQ:NVDA ) Q1'23 Earnings Report. LSE:3NVD is the Leverage Shares 3x Nvidia ETP Securities that seeks to track the iSTOXX Leveraged 3x Nvidia Index, which is designed to provide 3x the daily return of Nvidia stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying NASDAQ:NVDA stock and uses margin (borrowing) to purchase additional shares of Nvidia. For example, if Nvidia rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Nvidia falls by 1% over a day, then the ETP will fall by 3%, excluding fees. Key Features • Opportunity to magnify returns in one simple trade. • Liquid. Trades like an equity on exchange, with multiple market makers (MMs). • You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls. • Simple to trade, no need for futures, no need to use margin accounts. • Transparent structure with full ownership of the underlying assets, so credit risk effectively negated. • Is independent and managed by industry experts. Key Risks • Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. • Investors can lose the full value of their initial investment (but not more). • Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk. • Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works. • Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor. • Only use these ETPs if you can monitor your positions daily or during the day. • Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product. Key TA Highlights • 3NVD trades higher its weekly SMA(52), since middle of the May, 2023 • Technical picture indicates the possibility to further 100 per cent upside price action.
LSE:3NVD
by Pandorra
NVIDIA soars to an all-time high after Q2 earningsNVIDIA soars to an all-time high after Q2 earnings far exceed expectations NVIDIA (NASDAQ: NVDA) shares hit new all-time highs on Thursday following the release of the company's robust Q2 earnings report, which showed a performance that far exceeded Wall Street's expectations. The tech giant's guidance for the next quarter also topped forecasts, leading to a sharp rise in the company's shares. Q2 earnings review NVIDIA reported record Q2 earnings, putting to rest any doubts about its continued growth trajectory. Driven primarily by strong sales in its data center and gaming segments, the company's financial results beat estimates on both the top and bottom lines. The company's revenue for the quarter came in at $7.4 billion, representing a healthy 68% year-over-year increase. NVIDIA's adjusted earnings per share were $1.04, beating the Wall Street consensus estimate of $0.89. Driving factors The impressive results were primarily driven by solid growth in the company's gaming segment, fuelled by insatiable demand for graphics processing units (GPUs). As the digital revolution continues, NVIDIA's high-performance chips have become indispensable business tools worldwide. In addition to its traditional strength in gaming, NVIDIA's data center business continues to thrive. The rise of artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) has opened new avenues of growth for NVIDIA's data center GPU solutions. In addition, the company's acquisition of Mellanox has successfully strengthened NVIDIA's position in the data center networking market. Forward-looking guidance The most exciting news for investors was NVIDIA's forward-looking guidance. The company forecasted Q3 revenues of approximately $7.8 billion, a staggering 50% above the Wall Street consensus of $5.2 billion. This significant increase reinforced the bullish view of the company's future growth potential. Market reaction Investors reacted positively to the news, with NVIDIA shares soaring. The company's robust Q2 results and favorable Q3 guidance drove the share price to an all-time high, further cementing NVIDIA's position as a powerhouse in the global technology industry. The bottom line Despite an uncertain economic climate, NVIDIA continues to exceed expectations with its remarkable financial results. Its stronghold in the booming gaming and data center sectors and its optimistic forward guidance underpin a compelling growth narrative. Investors will undoubtedly keep a close eye on the tech giant as it continues to innovate and grow in the fast-paced world of digital technology. Although NVIDIA's valuations may appear stretched after its recent run-up, its strong growth prospects could justify its high market capitalization. As always, potential investors should adopt a balanced approach, recognizing both the considerable upside potential and the inherent risks associated with high-growth technology stocks.
NASDAQ:NVDALong
by LukkVal
NVDA - Setting up for all time high?I was pointed to this inverted head and shoulders last night and it's almost too perfect. You can look at the structure and the neckline (slightly declining) and it's perfect. Well, we just kinda broke out yesterday. Chances are you can get a better entry from here if this is what you want to play. It may (and probably will) chop back under this important trendline. Your stop loss really is around $143 but the target is going to be around $336. Good upside potential if you can wait a while. This formation has been in the making since April 2022. 9 months of chop and now we might get that move up. The wave master pro indicator is currently showing signs of exhaustion so you may want to wait for some pullback to get a good entry. Will need patience on this one.
NASDAQ:NVDALong
by bitdoctor
21
Nvidia Just $32 Away From Creating Record HighsNvidia, a tech industry leader, has shown remarkable financial growth. In Q2 2022, earnings per share were $1.36, dipping to $0.58 in Q4. However, Q3 2023 projections are promising at $0.92 per share and a revenue of $6.52 billion. In October 2022, Nvidia's stock price, initially heading towards $100, found support at $108, marking the start of a bullish trend. Despite a 25% decline in December 2022, the 50 simple moving average (SMA) provided crucial support. The stock price faced resistance at last year's high of $307 but broke through on May 16th, 2023, climbing 7.7%. Despite some volatility, Nvidia's resilience and growth potential remain strong.
NASDAQ:NVDALong
by Sublime_Trading