NVIDIA Analysis - Personal viewNVIDIA remains a leader in AI-driven markets, benefiting from demand for GPUs in data centers, gaming, and AI development. Its AI and machine-learning capabilities are shaping industries like autonomous vehicles and healthcare. However, valuation concerns and risks tied to macroeconomic shifts or supply chain vulnerabilities may pressure the stock.
Looking ahead to 2025, my personal target for NVIDIA lies between $200 and $250. This range reflects a cautious approach, factoring in potential earnings normalization, adjustments in investor sentiment, and the broader tech sector's resilience in an evolving economic environment.
*This is not financial advice.
Nvidiabuy
Nvidia Analysis 15.12.2022Hello Traders,
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NVDA COMPLETION OF ABC CORRECTIONMarket finished 1-5 Elliot Wave Theory, broke the down trend and is on a verge to complete ABC correction, we are expecting this to be a flat ABC correction, because it is a 88.6 fib zone, the top of down trend line line, which also can be counted as a retrace, sop we expect a bounce off of a trendline and price to rise up to at least B point of a ABC correction.
Target: 290.56 (61.8 fib zone)
Entry: 215.5
Invalidation: 190.5
Nvidia Stock projection after the drop Hello everyone, as we all know the market action discounts everything :)
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Nvidia Stock starting push back up after the drop caused by the Evergrande problems where we see the stock pushing from 206.27 up to 225.34 in 3 days, That's almost a 10% increase in a very short period of time.
NVDA has an average volume of 26045000. This is a good sign as it is always nice to have a liquid stock.
Both The Long-term trend and Short-term trends are looking positive.
Possible Scenarios for the market :
Scenario 1 :
The market has reached the first resistance line located at 224.58 but a breakout didn't happen yet, Looking at how the trend is moving we should be seeing a breakout soon that will jack the stock price up and the first stop this stock is doing will be at the second resistance at 229.58 where it might have some push back from the Bears that could drive the price back to the 224.58 level, After reaching that point the Bulls will pull up and gather buy power to push the market to the 237.66 level.
Scenario 2 :
The market has reached the first resistance line located at 224.58, The Bears could step in and take control and drop the price here to show the Bulls that it's not gonna be easy for them to gain control which will lead the price dropping to the first support level at 214.42 where the battle over control will happen with Good chances of Bulls winning which will be the start of the push to the 237.66 level
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 58.86 showing good strength in the market. No divergence has been found between the indicator and the market
3) The Stoch is in the upper end of the middle zone showing good momentum, With a positive crossover between the %K (78.31) and %D (52.83)
Daily Support & Resistance points :
support Resistance
1) 214.42 1) 224.58
2) 209.42 2) 229.58
3) 206.84 3) 233.65
Fundamental point of view :
When comparing the yearly performance of all stocks, we notice that NVDA is one of the better performing stocks in the market, outperforming 84% of all stocks and NVDA has a Return On Assets of 18.32%. This is amongst the best returns in the industry NVDA outperforms 88% of its industry peers.
The Earnings Per Share has grown by an impressive 80.78% over the past year.
"One of the reasons the stock is moving up can be seen in the Indicator column. The stock received a boost in its price target from Bank of America on Sept. 17, 2021. If NVDA stock reaches that price target it would be a gain of over 25% from the consensus price target. Bank of America may be reacting to Nvidia’s push to become seen as more than just a chip company and is spending over $1 billion on research and development to support that aim." According to Marketbeat
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
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