Nvidia
NVIDIA to bottom fib retraction zoneTechnicals and fundamentals supporting short position
- Nvidia has risen 25% in the last month to date, suggesting it may have a gap to fill - 90% of gaps get filled
-Overbought on every timescale and has rarely stayed above a 80% overbought level for more than a few days, which it is long
- Stock split coming in mid-July, which will jumpstart a stock buying spree as the stock becomes more accessible to retail investors…due for a correction before the
- Based on this chart, Nvidia has retreated into its bottom fib zone every time after hitting its peak fib zone, which is where it is currently positioned
NVIDIA stocks analysisHi every one
this is the chart of Nvidia corporation. as you might know Nvidia is a Great company which is Very famous among Gamers and Miners for It's High quality Graphic cards which everyone is using right now! so the chart is showing a pretty interesting bullish pattern,a bullish Flag! as you know the price can increase as much as the Flag pole after the upward breakout of this pattern happens.which in this chart It has already happened so yeah The price can Increase to 1000$!!
Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Trading Idea - #NVIDIABUY
ENTRY: 545.00 USD
TARGET: 608.00 USD (+ 13% profit)
STOP: 512.00 USD
NVIDIA is a world leader in the design, development and marketing of graphics processors.
1.) Strong support at 536.70! This should help the price to move up in the short-term!
2.) NVIDIA's profit margins are among the highest of any traded company. The business is extremely profitable.
3.) The strong growth is one of the company's strengths. A further growth of approx. 70% until 2024 is forecast.
$NVDA Earnings Anticipation Nvidia cruising towards the top of its trading range as the company reports earnings this Wednesday May 26th, the report could definitely allow a breakout to happen near $700 if expectations and future projections are strong. High demand for graphics cards within not only the crypto community, but gaming community as well. Nearly impossible to get your hands on a 30 series card near MSRP these days. Watching closely.
NVDA getting ready for the earnings report
All eyes will be on Nvidia NVDA to report its Q1 results next week on Wednesday. The stock is down 12% over the last month, However, it seems that the stock is preparing for a probable trend reversal getting ready for the earnings report.
Prices could hit $590 and $600 respectively.
$NVDA Pullback$NVDA to pull back to the slow-moving average (purple highlighted area), using it as support, then potentially move higher as shown by the bullish Ichimoku cloud. There is clear disequilibrium between the fast and slow-moving averages (base and conversion lines) and price action has already started moving towards the base line at roughly $569.63 and my analysis shows that it will continue to close the gap between the moving averages before a continuation of an uptrend. Thoughts on this analysis?
NVIDIA idea NVIDIA idea
I think we have an interesting moment for this promotion.
For 8 months, the price was in a flat and formed a price range on the daily chart.
There was a breakdown of the resistance level and now we are witnessing its testing, which is a signal to continue moving along the trend.
Nvidia Target UpdateSo after reaching the goals from the last analysis we can analysis what will come next .
Nvidia closed 608$ after touched Ath on 614$ , with a good news about new arm based server and set to beat Q1 sales .
Obv - very good with high volume
W%r & Rsi still have room for more
Ema's are on bullish trend after Ema 20 cross Ema 50
our goals above 615$ set on :
T1 - 620$
T2- 624$
T3- 640$
After big rally like that, we can watch for healthy pullback for long bullish uptrend , so even if the targets will reach before the pullback i take support key points :
S1 - 600$
S2 - 589$
* There is no buy / sell recommendation in the aforesaid ,
$AMD Return to the mean, 20-40% profit over the next quarter.Pretty simple trade setup here, expecting us to return to the middle of this channel quicker than previously, in as little as 20 days, as long at 50 days. Price target $100-$110.
Take profit at $100: 25% gain
Take profit at $110: 37.5% gain