The Mining Break Through: Unlocking Nvidia’s LHRThe Mining Break Through: Unlocking Nvidia’s LHR – NiceHash CEO Martin Škorjanc
Nvidia, the worlds largest provider of GPU (desktop graphics cards – used for crypto mining) launched its LHR (Lite Hash Rate) technology in May 2021. Designed to combat the issue of shortages of GPUs for gamers due to the increase in crypto mining throughout 2021, Nvidia’s LHR anti-mining software ensured that strict mining limits were in place for selected graphics cards – preventing performance and profitability for the average cryptocurrency miner.
Naturally, it’s been a race since then for the world’s crypto mining experts to break the code and make LHR GPUs useful for crypto miners. And while solo miners have been on the case since Nvidia launched this tech, NiceHash is the first to fully unlock LHR graphics card with its proprietary software QuickMiner (Excavator), making online news headlines across the world.
NiceHash CEO Martin Škorjanc explains what this means and why it’s great news for crypto miners which they now accept with open arms. He also estimates that the breakthrough won’t adversely impact gamers either.
Nvidia
NVIDIA - Long PositionNVIDIA Corporation (NVDA) is Attracting Investor Attention. Nvidia is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this maker of graphics chips for gaming and artificial intelligence have returned +1.4%, compared to the Zacks S&P 500 composite's -0.5% change. During this period, the Zacks Semiconductor - General industry, which Nvidia falls in, has gained 2.5%.
NVIDIA - Long PositionNvidia Earnings: What to Watch on Wednesday After the Market Close
Nvidia (NVDA 1.22%) is slated to report its first-quarter results for fiscal 2023 (which ended April 30) after the market close on Wednesday, May 25. An analyst conference call is scheduled for the same day at 5 p.m. ET.
Nvidia great potencial BUY ZONE in the next futureNvidia: 1W
Some data before arriving at the Support and entry point.
1) Split last summer
2) China will soon ban all non-Chinese softwares in their state-owned companies.
NVIDIA is one of the best companies on all Wall Street with a very important future and a market capitalization of around $ 0.5T.
Currently, the price has dropped 50% to its all-time high of $ 350.
Where the Market Cap was $ 1T.
Big profit taking finds:
2 maximum decreasing between:
1) $ 315
2) $ 280
The breaking of the SUPPORTS a
1) $ 230
2) $ 210
3) $ 188 on the yellow average (100 EMA).
However, we have a MAXIMUM SUPPORT in the price range of $ 155 - $ 138.
Where we find the average 200 (Blue line) and a series of highs that lasted like one year. (31 August 2020 - 24 May 2021)
Buy when it is low and sell when it is high.
In the price rotation we will undertake to evaluate massive buy orders, obviously depending on the situation of all Wall Street indices in general.
For info write to us in private
LPI.sa
NVIDIA - Potential 100% Jump before Recession Hits? The absolute leader in graphic processing units NVIDIA has dropped nearly 50% from its historic high.
Is it still overpriced or is it time to start buying some shares of the giant?
Fundamental indicators:
Revenue and Profits - exponential growth for the past 10 years
Profit margin - very effective, one of few companies with impressive 36%
P/E - still overpriced at 48x, however it has considerably dropped from circa 90x just two years ago
Liabilities - no problems with debt
Technical Analysis (Elliott Waves):
Since IPO NVIDIA resembles parabolic graph. However, there might be few alternative options to count waves using Elliott Wave theory hence this presents additional risks
Presented scenario suggests that after forming the historic high in November 2021 there was a sharp correction of nearly 50%
Few alternatives for the developing wave 4 may include - (1) Flat Correction (ABC), (2) Contracting Triangle and (3) Running Correction
The last scenario has been selected due to the following reasons - as the leader in this sector NVIDIA is still most likely to enjoy increased interest from the investors, as there are not that many growth companies left, and given the exponential pattern of the graph every time the price touches Moving Average investors are most likely to buy all the dips
Risks:
Recession - looming recession is going to have inevitable impact even on the leader of this industry
Crypto - Ethereum's move to proof-of-stake model is projected to reduce the need for graphic processing units. However, Bitcoin and other coins using proof-of-work model are still going to remain the main clients
All of this including forecasts and assessment of the risks will be cleared in the next report planned for 25 May.
What do you think about the prospects for NVIDIA ?
Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves.
Thanks
Nvidia Losing SteamNvidia and other tech stocks like AMD are losing steam. Currently it is outside of it's main channel and printing a head and shoulders pattern. I am expecting some kind of bounce in the DCA area, the trick is to buy s l o w l y so you don't get caught without liquidity.
It's been nothing but bad news for the stock market, and the next Nvidia offerings are a ways away. Sit tight and buckle up, it's discount season soon
Time to revisit Nvidia!Hello Friends!
I’ve taken 5 positions of Nvidia from 2018 to 2020 and sold 40% on December 2021 at overbought conditions. I’ve been sitting on cash from that sale waiting for oversold conditions. I’m planning to look at how it reacts to the .236 and .382 zone. I believe the FEDs rate hikes, inflation, and potential chip oversupply from demand going down will give me an opportunity to enter positions below $165. Also that $165 target should bring down the RSI to oversold conditions.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
NVIDIA (NVDA) | Approaching Technically a Strong Buying Zone!Hi,
1. Channel projection
2. AB=CD
3. 2xFibo levels
4. 50% drop from the ATH
5. Different TF EMA's
6. Mid-number
7. Strong horizontal area
Do your own research about fundamentals and if its matches with my TA you are ready to go.
Regards,
Vaido
NVIDIA (NVDA): Expressing the Crossroads We Are At As you can see this Pitchfork shows just how strong of a Bullish Trend the Technology Sector has been in for the last 20 years.
Price finally reached a point of Peak.
Now, this doesn't mean the top is in but rather shows just where we are in the cycle.
Price isn't at life-changing levels anymore , at least based on the previous 20-year trend .
In fact, the Price is still a great deal away from the 200MA .
Hedge Funds and high-level investors are well aware of these levels.
As we head into a slowly economy filled with many unprecedented macro challenges, growth will be limited .
That's not to say there won't be light at the end of the tunnel, there certainly will be.
The question is...
Are we already on the other side or are we just beginning?
It's broken through support - whats next for Nvidia? NVIDIA
Short Term - We look to Sell at 212.65 (stop at 225.34)
Our bespoke support of 210.00 has been clearly broken. Closed below the 20-day EMA. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. The 61.8% fibonacci extension level is the target.
Our profit targets will be 160.25 and 124.10
Resistance: 210.00 / 250.00 / 290.00
Support: 190.00 / 160.00 / 150.00
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NVDA Supply And Demand AnalysisHTF (Higher Timeframe)
-Price inside HTF monthly rally base rally demand
-Trend = uptrend
-Look for lower timeframe confirmation.
LTF (Lower timeframe)
-Downward ML Break
-Opposing Zones Removed
-Price inside monthly demand
-Daily Confirmation Setup (potential buy stop
so you would get filled on the way out + you
would get extra LTF confirmation.
OR
-OR you can use the daily as the HTF
and go down to smaller timeframes and
wait for new confirmation...