knocked out the stops AMD knocked out the stops by making a false breakout. Which means that most likely there will be a rise
Nvidia
The price jumpedThe price jumped out of the resistance, collecting stops and now there is enough strength to fall. What do you think?
$NVDA | Watchlist #3 | 11/22-11/24 $NVDA +$333
(Over $333 for calls)
Price targets: $335, $337, $340
Technical analysis:
- Bull flag on the daily chart
- All time high breakout
NVIDIA broke////NVIDIA broke through the resistance. Now everything looks very good. What do you think?
IT companyanother breakthrough of resistance by the IT company. it looks like the computer hardware market is strong. how do you think?
Perhaps this is a false breakouthe price broke through the support. Perhaps this is a false breakout. how do you think?
Solid NVIDIA earnng to Propel RallyRevenue increased more than expected to $7.1 Billion vs $6.83 expected. Demand for Nvidia AI is strong. Gaming Revenue up 42% from last year.
After hours we saw a jump to $306-7 but we have cleared the big risk event and a retest of recent all time highs is likely now the good news is out and behind us. Buying small pullbacks to $300 for test of $322.
wait and see, maybe long?A triangle appeared. What does it mean? We have to wait and see, maybe long?
Maybe the bulls still have strength?A triangle appeared on the chart. Given the previous trend, where will the price go? Maybe the bulls still have strength?
Is that a short? Or ...We are still waiting for the breakout of resistance and further downward movement. Is that a short? Or ...
NVDA Starts to Rise Again?NVIDIA has started a downtrend after a good growth and a bullish trend.
Currently, price is bouncing sideway between the SR zones. We still don’t know if price has done with the correction and the downside move, or it still wants to drop further.
Since price could not make a higher high and has made a lower high:
If the support zone which is around $290 broken out to the downside, there is a high probability of more drop towards the next yellow support zone around $265
On the other hand, price has been pushed to the upside from the first yellow support zone and could not make a lower low:
We can see the upside pressure and if price breaks the red resistance zone around $307 and makes a higher high and fixes above this level, we can expect more rise towards the last major high at $323 and in the case of an upside breakout on this level, the next possible target would be around $365
good sign for a shortthe price has formed two tops. The second peak below the first is a good sign for a short. What do you think?
Drop to 270? what do you think?the upward movement has weakened. perhaps a smaller correction, but I expect a drop to 270. what do you think?
Intel FOMO - Overseas Supply - Made in America STORYTELLINGTurnaround stories can be polarizing investments -- some see the long-term potential while others see a business full of problems to overcome. HOWEVER, an OVERSEAS SUPPLY CHAIN makes it take longer and cost more money than originally thought. As with ANY company. The supply disruption is PERMANENT. If there is no actionable PLAN B......
The highest Intel ever spent in a single year has been $16 billion. They are expecting it to go up beyond 2022. They're expecting this turnaround to be very expensive. .... because SPEND SPEND SPEND.....
They don't make what they need to in America. Like most US companies that have taken advantage of OVERSEAS PROFITS (ie. Apple, Amazon), they have no other opportunities to build what they need, where they need to. Supply Supply Supply.
Stuck in the ocean & ports like EVERYTHING else from the OLD ECONOMY.
I'm a fan of SOFTWARE. #cannabisreform software. $KERN
Looking forward to the Republican led "States Reform Act" on Monday.
GL all
Go Biden's "BUY AMERICAN ACT". Time to generate US MANUFACTURING & SALES in country. What a thought.... lol
PS. JUST BE SURE THE COMPANIES YOU INVEST IN CAN ACTUALLY MAKE THEIR PRODUCTS IN AMERICA SHOULD THEY SHIFT THEIR MANUFACTURING...... yikes
NVIDIA targets 1 and 2the price went up for too long. I expect a strong correction to targets 1 and 2. reaching target 2 will be more difficult.
Double Top?
A double top looms on the chart. the price went up for a long time and now it looks like it wants to take a breath. What do you think?
waiting for a correctionAMD went up for a long time, forming new highs. Now the price needs to gain strength for a new rise, so I am waiting for a correction and a rebound from the level..
ESports - Value Investing - DraftKings Competitor - Metaverse Gaming stocks are great. Gaming #stonks like $DKNG not so much. Valuation matters most in *rising rates environment. #valueinvesting wins next decade.
#cannabisreform is #thefuture
$KERN #thegem
CANNABIS COMPLIANCE SOFTWARE
GL
$NVDA | REQUESTED TAAfter an INSANE run today, Nvidia looks like it needs to cool down a bit. Going long at this region presents a lower risk/reward than I'd ideally like to take. Things to note are the extended MACD and 2.618% fib extension to potentially conclude wave 3.
Pullback into $255-270s would be ideal to build a base for the 5th wave higher!
NVDA (NVIDIA) long term countIt seems AI is beneficial
Very bullish on NVIDIA, we work the wave (3) now and there is still a long way to go
Short term target 5-800
NVIDIA (NVDA) bullish working wave 3Wave 3 of (3) completed, but still a long runway ahead it seems
Seems to continue the bulltrend well into 2022
Overbought maybeI know in this day and age a pullback is entirely unfathomable, but even during covid times we see rsi spike above 80 pre earnings then disappointment following consistently. Bulls and bears will be expecting this and therefore no buyers are coming in and momentum will drain.
