Technicals 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...
Hello everyone! Traders, we do not like to write more. The prediction of the Nvidia furure price you can find on a chart! Regards, Team Traders "Powerful Traders"
Approximately Nvidia activity before IPO. Just suggestion synchronized with its History and connected with IPO as an official continuation of the price movement. Regards, Team Traders "Powerful Traders"
Hello everybody, S elling NVIDIA for today would be a good choice. NVIDIA has broken the rectangle, and try to come back to it, but it makes a spring below the equilibrium. The signals show that NVIDIA will go down to a decreasing trend
As shown in the graph, it seems there is an equilibrium during a certain period (Period specified by the rectangle. Any huge break of this rectangle gives an idea about the trend of the stock price. if it breaks it down, the stock has a good chance to b decreasing, however, if it an up break, the stock will be increasing. If none of these cases were realized, the...
Hello everyone. So from a fundamental perspective Nvidia has great products and technology, the profit margins are also great. But a 70/1 P/E ratio? Does that seem sustainable? I mean how many years would it take for the P/E to normalize with the price staying the same as it is, to let's say 20/1 which is still high relative to historical standards. Maybe there...
Well, the strong bullish trend has a place because the crypto mining was the trend of 2017-2018, at the moment a lot of coins and including the Ethereum of course are developing the stacking mining model so I can't see any positive for NVidia in the near future. NVidia is working on the AI driver, but there are too much competitors on the market, and some of the...
The reached key level is a good sell position to take some profits for these who bought at the last low. To get support by fonds and banks, we need a lower price so in my opinion the price will go down again to get more buyers on board. Technical we have two bear flags.
History repeats itself, NVIDIA setting up in the same pattern it did last time before the drop. Nice short opportunity? You tell me.
Hi guys ! I post my recent analysis for Nvidia and sharing with you my trading idea. My main view is short for Nvidia with first price target 120$ and then 109$ . My main corcern for Nvidia is the big slowdown at crypto market and as aftermath from big prices decline is lower demand for GPU powerfull systems ( which are sold for a high price). This demand decline...