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Introducing Nvidia's Next Generation AI Hardware and Software OfNvidia has officially introduced its next generation AI hardware and software offering, setting a new standard in the industry. With cutting-edge technology and innovative solutions, Nvidia is paving the way for the future of artificial intelligence. This new offering promises to revolutionize the way we approach AI, providing faster, more efficient, and more powerful solutions than ever before. With Nvidia's state-of-the-art hardware and software, traders can expect increased performance, improved accuracy, and enhanced capabilities to stay ahead in the market. Now is the time to invest in Nvidia and take advantage of this groundbreaking technology. Don't miss out on the opportunity to be a part of the future of AI. Join us in long Nvidia today and be a part of the next generation of innovation.
NASDAQ:NVDALong
by bryandowningqln
Unveiling the Plot to Dethrone Nvidia's AI DominanceA coalition of tech giants spearheads a revolutionary effort to break Nvidia's stranglehold on AI development by targeting its software fortress. In the high-stakes arena of artificial intelligence, where innovation is the currency of power, Nvidia ( NASDAQ:NVDA ) has long reigned supreme. With a market cap soaring to $2.2 trillion, fueled by their cutting-edge AI chips and the proprietary CUDA software platform, Nvidia's dominance seemed unassailable. That is, until now. A formidable coalition of tech titans, including Qualcomm, Google, and Intel, has clandestinely assembled to challenge Nvidia's hegemony. Their audacious plan? To unravel the very fabric of Nvidia's advantage: its software stronghold. At the heart of this insurgency lies the UXL Foundation, a consortium dedicated to liberating developers from the clutches of Nvidia's proprietary ecosystem. Armed with Intel's groundbreaking OneAPI technology as its vanguard, UXL aims to forge a new frontier of open-source software capable of powering an array of AI accelerator chips, unshackling developers from Nvidia's grip. "We're showing developers how to migrate out from an Nvidia platform," declares Vinesh Sukumar, Qualcomm's AI and machine learning luminary, hinting at the seismic shift underway. But this isn't merely a skirmish over software; it's a battle for the soul of AI innovation. Bill Hugo, Google's director and chief technologist of high-performance computing, emphasizes the broader significance: "It's about creating an open ecosystem, promoting productivity, and fostering choice in hardware." The stakes couldn't be higher. With UXL's technical steering committee poised to finalize specifications and refine the blueprint for a software revolution, the industry braces for a paradigm shift. Cloud-computing behemoths like Amazon and Microsoft's Azure loom on the horizon, poised to join the fray, signaling a tectonic shift in the AI landscape. Meanwhile, the burgeoning cadre of startups, armed with over $4 billion in venture capital, stands ready to challenge Nvidia's supremacy. Their numbers swell as they seek to exploit chinks in Nvidia's armor, fueled by a surge in funding and a fervent belief in their ability to disrupt the status quo. Yet, amidst the fervor of revolution, Nvidia ( NASDAQ:NVDA ) remains undeterred. Ian Buck, a stalwart executive, acknowledges the accelerating pace of innovation but remains resolute: "New ideas in accelerated computing are emerging from all corners of the ecosystem." In the face of this existential threat, Nvidia's greatest asset may not be its formidable hardware or even its venerable CUDA software, but rather the inertia of familiarity. As Jay Goldberg of D2D Advisory opines, "People have been using CUDA for 15 years, building their code around it." The battle lines are drawn, and the clash of titans is imminent. As the world watches with bated breath, one thing is certain: the outcome of this struggle will shape the future of AI for generations to come. In this epoch-defining showdown, the question remains: will software usurp silicon, or will Nvidia's reign endure?
NASDAQ:NVDALong
by DEXWireNews
NVIDIA 1000$?The AI chips make NASDAQ:NVDA makes a lot of noise, for those who can wait for price pullback wait below The idea is Buy, but if you want to short this be on your own, This is only my view on this stock, we might see 1000$ or not. if algo can manipulate the 9 number then this valid, if not were going lower. To a stock trader trade at your own risk, to longterm stock holder we wait below. Follow for more. My ideas is always out of your trading basis, so this might not your typical charts for stocks. If youre following me since then you might understand, not all of my ideas is working. Were not perfect so stop blaming someone on your losses. Trade it or own it. Follow for more.
NASDAQ:NVDALong
by D1GITALTRADES
7
Nvidia - Volatility At The TopHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: For a decent period of time, Nvidia has been trading in an obvious rising channel formation. We had the last retest of support in 2022 so the rally of +600% towards the upside was actually quite expected. Nvidia is now approaching the upper resistance of the rising channel so there is a quite high chance that we will see at least a short term bearish rejection soon. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:NVDA
by basictradingtv
1
Nvidia's GTC 2024: Unveiling Next-Gen AI Chips and SoftwareNvidia ( NASDAQ:NVDA ), the titan of artificial intelligence semiconductors, kicks off its highly anticipated annual developer conference amidst fervent speculation surrounding new chip unveilings and software advancements. As Chief Executive Jensen Huang takes the stage for his keynote address, investors and tech enthusiasts alike await eagerly to witness the latest offerings that will shape the future of AI technology. The Quest for Innovation: At the heart of GTC 2024 lies Nvidia's relentless pursuit of innovation, epitomized by the unveiling of its next-generation AI processors. With competitors like Intel and Advanced Micro Devices vying for market share, Nvidia aims to solidify its leadership position by introducing the formidable B100 chip, poised to deliver significant enhancements over its heralded predecessor, the H100. Beyond Chip Design: While Nvidia's prowess in chip design is undisputed, the company's foray into software products further underscores its commitment to holistic technological advancement. Huang is slated to reveal a plethora of new software innovations, reflecting Nvidia's multifaceted approach towards shaping the AI landscape. With its software and services business reaching a remarkable annual run rate of $1 billion, Nvidia ( NASDAQ:NVDA ) demonstrates its capacity to drive innovation across both hardware and software domains. Return to In-Person Engagement: Amidst the backdrop of a post-pandemic world, Nvidia's decision to hold GTC in person for the first time since 2019 signifies a symbolic return to normalcy. With an expected attendance of approximately 16,000 individuals—double the figure of the last in-person event—GTC 2024 heralds a resurgence of interactive engagement and collaborative exchange within the tech community. The Grand Stage: Huang's keynote address, set against the backdrop of a Silicon Valley hockey arena, represents a fittingly grand stage for the unveiling of Nvidia's latest innovations. As the largest venue ever secured for such an event, it underscores the magnitude of anticipation surrounding Nvidia's announcements and the pivotal role the company plays in shaping the future of AI technology.
NASDAQ:NVDALong
by DEXWireNews
The Legal Quagmire: NVIDIA's Copyright Woes and the Future of AIIn the high-stakes world of technology and artificial intelligence, the recent legal entanglement of NVIDIA ( NASDAQ:NVDA ), a powerhouse in AI chip manufacturing, has sent shockwaves throughout the industry. The emergence of a copyright infringement lawsuit against NVIDIA ( NASDAQ:NVDA ), spearheaded by three authors, Brian Keene, Abdi Nazemian, and Stewart O’Nan, has not only cast a shadow over the company's integrity but also raised pertinent questions about the ethical use of intellectual property in AI development. The crux of the matter lies in NVIDIA's ( NASDAQ:NVDA ) AI NeMo development, which allegedly relied on a vast array of copyrighted works, including the aforementioned authors' books, to train its generative AI model. This revelation has ignited a firestorm of controversy, with the authors accusing NVIDIA ( NASDAQ:NVDA ) of unauthorized usage of their literary creations, thus infringing upon their copyrights. At the heart of the lawsuit is the assertion that NVIDIA ( NASDAQ:NVDA ), knowingly or unknowingly, incorporated these copyrighted materials into its AI platform, thereby reaping the benefits of others' intellectual labor without proper attribution or compensation. This not only raises serious legal implications but also underscores the ethical dilemma surrounding the exploitation of creative works in the pursuit of technological advancement. The ramifications of this legal battle extend beyond the courtroom, reverberating across the AI industry and financial markets alike. NVIDIA's ( NASDAQ:NVDA ) shares witnessed a significant dip of about 5.5% in value following the news of the lawsuit, signaling investor apprehensions about the company's legal liabilities and potential financial repercussions. Moreover, the lawsuit has cast doubt on NVIDIA's ( NASDAQ:NVDA ) reputation as a frontrunner in AI innovation, with stakeholders questioning the company's adherence to ethical standards and intellectual property rights. Amidst the legal wrangling and market volatility, one cannot overlook the broader implications for the future of AI development and its intersection with copyright law. As AI continues to evolve and permeate various aspects of society, the need for robust legal frameworks to govern its usage and safeguard intellectual property rights becomes increasingly urgent. The outcome of this lawsuit could set a precedent for how tech giants navigate the complex terrain of AI development while upholding ethical and legal standards. In response to the allegations, NVIDIA ( NASDAQ:NVDA ) has remained tight-lipped, opting not to comment on the matter publicly. This silence has only fueled speculation and uncertainty, leaving stakeholders grappling with unanswered questions about the company's involvement in the alleged copyright infringement. As the legal saga unfolds, it serves as a sobering reminder of the intricate ethical and legal considerations inherent in AI development. Beyond the courtroom drama and market fluctuations, it prompts a critical reflection on the responsibilities of technology companies, the rights of content creators, and the broader implications for society at large. In the ever-expanding landscape of AI innovation, navigating the fine line between progress and ethical integrity remains a paramount challenge—one that requires collective vigilance and unwavering commitment to upholding the principles of fairness, transparency, and respect for intellectual property.
NASDAQ:NVDA
by DEXWireNews
Nvidia - $1000 And Then DropHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: Starting in 2018 Nvidia stock has been trading in an obvious rising channel formation. We had the last retest in August of 2018 which was then followed by a +650% rally towards the upside. Considering that Nvidia is now approaching the upper resistance of the channel, I do expect a (short term) pullback to retest previous support and then more continuation from there. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:NVDA
by basictradingtv
20
Nvidia's Spectacular Rise: A $2 Trillion ValuationNvidia ( NASDAQ:NVDA ), the powerhouse in AI chip technology, is poised to close with a staggering $2 trillion valuation, marking a historic milestone in the realm of tech giants. The ascent comes on the heels of an optimistic forecast from Dell Technologies, propelling Nvidia's ( NASDAQ:NVDA ) stock to new heights and igniting a broader rally in the AI sector. Dell's rosy outlook, particularly regarding the surge in orders for AI-optimized servers powered by Nvidia's ( NASDAQ:NVDA ) processors, served as a catalyst for the market frenzy. With Dell's shares soaring to record highs, Nvidia's ( NASDAQ:NVDA ) stock surged by 3.6%, solidifying its position as a dominant force in the AI ecosystem. At $2.05 trillion, Nvidia ( NASDAQ:NVDA ) now stands as the third most valuable company on Wall Street, trailing only behind tech behemoths Microsoft and Apple. This remarkable valuation underscores the pivotal role Nvidia ( NASDAQ:NVDA ) plays in shaping the future of AI-driven innovation. The ripple effects of Nvidia's success were felt across the semiconductor industry, with companies like Super Micro Computer, Broadcom, and Marvell Technology witnessing significant gains. The PHLX chip index itself rallied to a record high, reflecting the widespread enthusiasm for AI-related investments. Nvidia's stranglehold on the high-end AI chip market, with prominent clients including OpenAI, Microsoft, Alphabet, and Meta Platforms, highlights its unrivaled position in driving advancements in generative AI technologies. As demand for its components continues to soar, Nvidia's stock has emerged as the most traded on Wall Street, surpassing even the likes of Tesla. The meteoric rise of Nvidia's ( NASDAQ:NVDA ) stock, which has surged by 65% in 2024 alone, underscores the insatiable appetite for AI-driven solutions and the company's relentless pursuit of innovation. With its stock market value eclipsing that of tech giants like Amazon and Alphabet, Nvidia ( NASDAQ:NVDA ) has firmly cemented its status as a powerhouse in the tech industry. While Nvidia's ( NASDAQ:NVDA ) journey to a $2 trillion valuation is nothing short of remarkable, it also poses challenges and scrutiny. Questions about market dominance, supply chain constraints, and the sustainability of growth loom large as Nvidia ( NASDAQ:NVDA ) continues to chart its course in the ever-evolving landscape of AI technology.
NASDAQ:NVDALong
by DEXWireNews
NVIDIA technical analysisAnalyzing NVIDIA we can see a complex market picture. The large Elliott waves (orange) indicate five primary price movements, with three being impulsive waves upward (1, 3, 5) and two corrective waves (2, 4). The smaller Elliott waves (white) represent sub-waves within the larger upward trend of wave (5). Potential support at a yellow channel, which is aligned with previous troughs and peaks, suggesting it's a significant level for future price action. The correction that may occur is suggested by the Fibonacci levels drawn on the last impulse of wave (5). The 0.5 Fibonacci level, often acting as a significant retracement level, points to a potential support area around $600.76, while the 0.618 Fibonacci level indicates a price around $554.92. Cumulative volume showing increased activity during rises and falls, might indicate the strength or weakness of the price movement. Increased volume during the last upward impulse may suggest solid buying interest at these price levels. With these observations in mind, it appears that if a correction occurs, we could look for support along the yellow channel and the indicated Fibonacci levels. Considering the market dynamics and historical price behaviors, these areas might offer potential reversal points for further price movements.
NASDAQ:NVDA
by CryptoDiabloo
Nvidia's Meteoric Rise: How AI Dominance Propels GrowthUnraveling the Success Story of Nvidia Amidst AI Renaissance Nvidia ( NASDAQ:NVDA ), the trailblazing chipmaker, has once again set the tech world ablaze with its staggering performance and bullish projections. With an unprecedented surge in stock value, Nvidia ( NASDAQ:NVDA ) has firmly established itself as the pinnacle of innovation and market dominance in the realm of artificial intelligence (AI) and beyond. Riding the AI Wave The heart of Nvidia's ( NASDAQ:NVDA ) recent triumph lies in its unwavering commitment to pioneering AI-driven solutions. As the demand for AI accelerators skyrockets, Nvidia ( NASDAQ:NVDA ) finds itself at the forefront, supplying the critical technology that powers an array of AI applications, from chatbots to generative AI services. CEO Jensen Huang's proclamation that "accelerated computing and generative AI have hit the tipping point" encapsulates the zeitgeist perfectly. With global demand soaring across industries, Nvidia stands poised to reap the rewards of this burgeoning market. Exceeding Expectations Nvidia's ( NASDAQ:NVDA ) latest financial report sent shockwaves through Wall Street, surpassing even the loftiest of expectations. Bolstered by a staggering revenue forecast of $24 billion, the company continues to outshine its competitors, solidifying its status as the world's most valuable chipmaker. The fourth-quarter results, which sailed past Wall Street estimates, underscored Nvidia's relentless pursuit of excellence. As the company's market capitalization surpasses $1.89 trillion, investors eagerly anticipate further growth fueled by the AI computing boom. Unprecedented Growth Trajectory Nvidia's meteoric rise is a testament to its transformative impact on the tech landscape. From its humble beginnings as a provider of graphics cards for gamers, Nvidia ( NASDAQ:NVDA ) has undergone a remarkable evolution, emerging as a driving force in the AI revolution. The company's data center division, now its primary revenue generator, witnessed a staggering 409% increase in revenue, signaling the seismic shift towards AI-centric computing. With giants like Amazon, Meta Platforms, Microsoft, and Google among its top customers, Nvidia's influence reverberates across the tech ecosystem. Navigating Challenges However, Nvidia's ( NASDAQ:NVDA ) ascent hasn't been without its challenges. Mounting competition and regulatory hurdles pose significant obstacles to sustained growth. The emergence of rivals like AMD, armed with their own AI accelerators, presents a formidable challenge to Nvidia's dominance. Moreover, navigating complex export regulations, particularly concerning sales to China, requires adept maneuvering. Despite these challenges, Nvidia ( NASDAQ:NVDA ) remains undeterred, doubling down on innovation and strategic partnerships to maintain its competitive edge. The Road Ahead As Nvidia ( NASDAQ:NVDA ) embarks on its next chapter of growth, the possibilities seem boundless. With AI poised to revolutionize industries ranging from healthcare to finance, Nvidia's role as a catalyst for innovation has never been more pronounced. With visionary leadership, unwavering dedication to excellence, and a commitment to pushing the boundaries of technology, Nvidia ( NASDAQ:NVDA ) stands on the precipice of a new era of prosperity. As the world embraces the transformative power of AI, Nvidia's ascent seems destined to continue unabated, shaping the future of technology in the process.
NASDAQ:NVDALong
by DEXWireNews
Nvidia Stock Drops Ahead of High-Stakes Earnings ReportNvidia ( NASDAQ:NVDA ) has long been hailed as a prime beneficiary of the AI boom, with analysts projecting staggering revenue growth in the fiscal fourth quarter. However, with the stock trading at a hefty valuation and investors expecting nothing short of a blowout earnings report, there's little room for error. Any hint of disappointment could send shockwaves through the market. The recent sell-off hasn't gone unnoticed by seasoned investors. Bill Baruch, founder and president of Blue Line Capital, revealed that his firm had opted to cash in on Nvidia's ( NASDAQ:NVDA ) meteoric rise by selling a portion of their stake. Citing "tremendous call speculation" and a fear of an impending correction, Baruch's move underscores the prevailing sense of caution among market participants. Yet, amidst the sell-off, analysts have been revising their estimates upwards, underscoring the underlying strength of Nvidia's business. Server manufacturers have reported a surge in demand, fueling optimism about the company's near-term prospects. But the question remains: will Nvidia's results exceed even the loftiest of expectations? The uncertainty surrounding Nvidia's ( NASDAQ:NVDA ) earnings report has broader implications for market sentiment. As the fourth most valuable company in the S&P 500, Nvidia's performance could have an outsized impact on the index. With investors hungry for ever-greater returns, the pressure is on for Nvidia ( NASDAQ:NVDA ) to deliver, lest it disappoint a voracious market. In many ways, Nvidia's ( NASDAQ:NVDA ) rollercoaster ride encapsulates the volatile nature of tech investing. As investors brace for the earnings report, all eyes are on Nvidia ( NASDAQ:NVDA ) to see whether it can defy expectations once again.
NASDAQ:NVDA
by DEXWireNews
UPDATE: Nvidia reached our first target at $562, now what?Haven't done an update on Nvidia in ages! The last one I did was for the members in May 2023. So yes, the price broke up and out of the pattern - hit the target level at $562. Now what? I hate predicting Reversals when the market is trending up as there are elements of ego that play around. So if it goes up, go for it! But there are certain potential signs of a reversal. 1. The evening Doji Candle star - Indicates exaustion from the upside 2. The price is FAR away from the 200MA which the price likes to act like an elastic to head back to the mean. 3. The inclination is high for a trending market that it could be a bubble in the making. The fundamentals are strong and the earnings are good - But is the price going up faster than the consistencey of the company's numbers? Very likely. But a short term crash to $512 does not mean bad for the company. But rather a well deserved restracement to balance the demand and supply. Still very much bullish in the LONG RUN. Hesitant to buy in the short run (until there is a stronger Chart Pattern) analysis. Here are some updates fundamentally. FUNDAMENTALS - 21 Feb 2024 When Nvidia announces its fiscal fourth-quarter earnings after Wednesday's market close, it will come as the world's third most valuable public company, indicating high investor expectations. The company's stock price has surged significantly since the end of 2022, driven by soaring demand for its graphics processing units (GPUs), particularly those powering artificial intelligence (AI) technologies such as the H100 chip. Nvidia's chips are instrumental in developing advanced AI models like ChatGPT. With a market capitalization reaching about $1.8 trillion, Nvidia has surpassed Alphabet and Amazon, now trailing only Microsoft and Apple in valuation. Analysts from Bank of America note the steep rise in Nvidia's stock price, attributing it to a combination of fear, greed, and a broad investor pursuit of AI-related assets.
NASDAQ:NVDAShort
by Timonrosso
Nvidia - It Is Finally TimeHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: In 2019 Nvidia stock started creating a long term rising channel and retested the lower support trendline the last time in 2022 before we saw a massive +600% rally on this stock. Nvidia is now retesting the upper channel resistance which I mentioned in the analysis and there is a quite high chance that we will see at least a short term correction towards the downside from here. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:NVDA
by basictradingtv
10
Nvidia - How Long Will It LastHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: All the way back in February of 2014 we saw a breakout of a long term symmetrical triangle on Nvidia. This breakout was followed by an insane +9.500% rally towards the upside. Right now Nvidia is trading in a solid ascending channel and is approaching the upper resistance trendline. I do expect a (short term) pullback from there to retest the support mentioned in the analysis. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:AMD
by basictradingtv
9
Nvidia's Reign as the AI King: Navigating the Boom Amidst RivalsNvidia ( NASDAQ:NVDA ) stands tall, hitting an all-time high as the AI craze continues its unstoppable momentum into 2024. The semiconductor giant's shares surged over 2% to an impressive $594.91, propelling its market cap towards the $1.5 trillion mark. However, Nvidia's ascent is not a solitary journey, as rivals like AMD and Intel are also riding the AI wave, challenging the industry leader's dominance. The Meta Boost: Nvidia ( NASDAQ:NVDA ) received a monumental vote of confidence when Meta CEO Mark Zuckerberg announced a multi-billion-dollar investment in thousands of Nvidia chips for Meta's ambitious AI projects. In a groundbreaking move, Zuckerberg expressed Meta's intention to build an AI infrastructure equipped with 350,000 Nvidia H100 chips by the end of 2024. The goal? Developing general artificial intelligence with plans to make Meta's AI open source, fostering collaboration across the industry. Hardware Dominance and Cuda Software Moat: Nvidia's supremacy in AI chip development is undisputed, boasting an estimated market share ranging from 70% to 90%. Beyond hardware, Nvidia's Cuda software acts as a strategic moat, empowering developers to create robust AI platforms. This dual advantage positions Nvidia ( NASDAQ:NVDA ) ahead of its competitors, solidifying its stronghold in the rapidly expanding AI market. Rival Onslaught: While Nvidia remains the reigning champion, rivals AMD and Intel are not resting on their laurels. AMD's MI300 accelerator, designed to rival Nvidia's data center accelerators, and Intel's upcoming Gaudi3 AI accelerator showcase the industry's competitive spirit. The battle for market share intensifies as these companies strive to offer cutting-edge solutions in the AI hardware space. The Rise of ASICs: The landscape is evolving further with hyperscalers like Microsoft, Google, Amazon, and Meta investing heavily in developing their own application-specific integrated circuits (ASICs). Unlike the versatile graphics accelerators from Nvidia, AMD, and Intel, ASICs are tailored for specific AI needs, offering enhanced efficiency. This shift poses a potential challenge for Nvidia, as hyperscalers explore alternatives to traditional GPU solutions. Room for Growth Amidst Challenges: Despite the intensifying competition and technological shifts, the AI explosion is only in its infancy. Many companies have yet to fully embrace AI, suggesting a vast untapped market. Even if Nvidia faces challenges to its market share, the overall revenue is poised for sustained growth as the demand for AI solutions continues to skyrocket. Conclusion As the AI landscape transforms, Nvidia remains the undisputed king, navigating the challenges posed by rivals and emerging technologies. The company's strategic partnerships, hardware dominance, and commitment to open-source collaboration position it as a key player in shaping the future of AI. The journey ahead promises both challenges and opportunities, and only time will tell how Nvidia continues to lead in the dynamic world of artificial intelligence.
NASDAQ:NVDALong
by DEXWireNews
Nvidia - Higher, Higher And HigherHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: All the way back in 2014 Nvidia broke out of the long term symmetrical triangle formation and entered a crazy bullrun. With the current channel formation on Nvidia, there is a high chance this stock will push higher even more to retest the upper resistance mentioned in my analysis. From there I do expect a correction which could be similar to the one of 2022. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.
NASDAQ:NVDA
by basictradingtv
5
NVDA: $194M Insider LiquidationNVIDIA is presenting potentially lucrative short-term trading opportunities, specifically for derivatives. A months-long ascending triangle is visible on the hourly and daily charts; a second, smaller ascending triangle is potentially forming at the time of this idea. I believe, and am hopeful for, that the smaller ascending triangle will prove invalid and complete the double-top "M" pattern with selling pressure draining NVDA to the $430 range which falls around the respective 61.8% Fibonacci retracement level. However, I think it would be reckless to count out a potential rebound around $470 which is where the second ascending triangle's support will be tested. If the $430 support is reached, I believe this will be the time to enter a long call option as I suspect the asset will be retesting the $500 resistance. However, insider liquidation is a major concern especially since the total offload within the last 30 days is equal to $194.3M USD. A link to the SEC filings is posted below. NASDAQ:NVDA www.sec.gov
NASDAQ:NVDAShort
by Shepherd_Investor
NVIDIA (NASDAQ: $NVDA) Poses Positive OutlookKey Takeaway Nvidia, the world’s most valuable chipmaker, has become one of the most prolific investors in artificial intelligence start-ups this year, seeking to capitalise on its position as the dominant provider of AI processors. Silicon Valley-based Nvidia said it had invested in “more than two dozen” companies this year, from big new AI platforms valued in the billions of dollars to smaller start-ups applying AI to industries such as healthcare or energy. According to estimates by Dealroom, which tracks venture capital investments, Nvidia participated in 35 deals in 2023, almost six times more than last year. Technical Analysis NVIDIA shows strong development within a rising trend channel in the medium long term. This indicate that the company experiences positive development and that buy interest among investors is increasing. NASDAQ:NVDA has given a positive signal from the rectangle formation by a break up through the resistance at $468. Further rise to $542 or more is signaled. NASDAQ:NVDA has marginally broken up through resistance at $494. An established break predicts a further rise.
NASDAQ:NVDALong
by DEXWireNews