set ups for potential profitable moves for day trading set ups and plans i want to use to make a profitable trade tomorrow20:00by shamoirbrown225220
BULLISH RSI DIVERGENCE ON NINTENDO? SWITCH 2 RELEASE DATE BELOW!Nintendo (NTDOY), the Kyoto based home entertainment company known for games like Mario, recently announced the release date of its new video game console: the Nintendo Switch 2. According to Nintendo they hope to have the system released by June 5th 2025 for customers. A bullish divergence has formed on the 1 hour chart. Will this provide investors with a bullish opportunity, or will Trump Tariff's keep this stock's costs from rising? Disclaimer: Not financial advice. by TRADEABLESKUNK0
NTDOY Break Out incomingNintendo is poised to break out as there are numerous bullish events upcoming, 1. They just released a Pokemon trading card game app and it is addictive! All of my friends who are in their mid thirties have picked it up and are playing actively. Its a simple enough game for anyone to get into, but has alot of different strategies for people who are looking for a challenge. This game is going to print money. 2. The Switch 2 is right around the corner. As the Switch is almost the greatest selling system of all time, the Switch two is set up for immediate success. It is rumored to have backwards compatibility, so the Switch's already immense library give the system instant utility. Not to mention, it will be supported by world in class exclusives. The hard core Nintendo enthusiasts will pick this up day 1 and it will continue to dominate due to it's backwards compatibility and new features. 3. Nintendo is beginning to dominate media. The mario movie made 3x it's cost in the first month. It is also heavily rumored that a live action Zelda may be in the works. As Nintendo begins to explore this new avenue further, they may find success and unlock a brand new revenue stream by licensing their characters to media producers. 4. Nintendo is a digital distributor, meaning that traditional supply chain constraints only impact them at the base hardware level. Also, as we move more towards digital selves, companies that can sell art that is tied to culture or nostalgia, such as nintendo characters, are going to do very well. People will pay to use these characters to represent themselves. Longby listo821
Long-term Cup & Handle PatternA long-term cup & handle pattern has formed in Nintendo (I have been buying during the "handle" formation). It's not a perfect setup as the top of the "handle" is higher than the high near the end of 2007, although that's in the chart adjusted for dividends. It looks a lot more clear on the chart that's not adjusted for dividends (I will post an update with that). Additionally, the "cup" formation is pretty deep, which likely limits upside from here. Therefore, I think a 50% rise is possible if it can decisively break out above $16 on a monthly closing basis. (This would be a price target in the mid-$20 range; more may be possible, and would be welcomed, but at some point I would have a stop loss in mind and hopefully it would continue to run for a while. I will update this idea if/when that happens.)Longby PatientContrarian0
NTDOY | NINTENDO & Nintendo Switch 2 🍄The next Nintendo console might arrive in 2024 Nintendo has reportedly demonstrated the Nintendo Switch 2 behind closed doors at Gamescom last month.some trusted developers got an early look at the Switch 2 and some tech demos of how games run on the unannounced system. There was reportedly a demo of an improved version of Zelda: Breath of the Wild that’s designed to run on the more advanced hardware inside the Nintendo Switch 2, VGC corroborated the claims and revealed that Nintendo also showcased Epic Games’ The Matrix Awakens Unreal Engine 5 tech demo running on the type of hardware Nintendo is targeting for its next console. The demo reportedly used Nvidia’s DLSS upscaling technology with ray tracing enabled, suggesting Nintendo and Nvidia are working on a significant chip upgrade for this next-gen console. in July that a new Nintendo Switch is being planned for a 2024 release. With 43 years of making immensely popular video games under its belt, you'd think that the video game pioneers at Nintendo probably have the business of success fully figured out. But companies must change with the times and, according to Nintendo of America president Doug Bowser, that means finding a way to engage people with the legacy brand that might never pick up a video game controller. Bowser spoke about what the company learned this year during the Nintendo Live event in Seattle, Wa. on Sept 1, referencing the enormous box office success of the "The Super Mario Bros. Movie" as one of its key indicators that Nintendo has the ability to reach an audience beyond those that naturally reach for a controller. "We launched The Super Mario Bros. Movie, which very quickly became the second-largest box office grossing animated film of all time at $1.3 billion," Bowser said. "We launched The Legend of Zelda: Tears of the Kingdom, which, 18 million units later after a very brief period of time, it's one of our fastest launch titles ever, and then the event today. So it's really this drumbeat of activities, entertainment-based activities where we're trying to find ways to continue to introduce more and more people, not just players, but people to Nintendo IP… So that's what we're excited about." Bowser also spoke about the launch of Super Nintendo World at Universal Hollywood, which delivered an impressive 25% bump to Comcast's Q1 earnings this year. "And if I think about folding into the bigger strategy, this year has really been a very unique, and I dare say banner year for Nintendo in a lot of ways," Bowser said.Nintendo also continues to benefit from the sales of its aging Nintendo Switch console, with 129.53 million units sold worldwide. That makes it the company's second best-selling console of all time, right behind the handheld Nintendo DS, which sold 154.2 million units before it was discontinued in 2014. The success of "The Super Mario Bros. Movie" drove rumors that another big feature film based on Nintendo's flagship Legend of Zelda series was coming as well, but Nintendo hasn't made a formal announcement about that ... yet. Gaming is in the midst of an M&A arms race. The protracted pandemic has made sure of that. Companies from all sides of the market, Microsoft, Take Two, Sony to name a few, are cutting deals to secure content. The volume and scale of those deals point to where gaming is heading - the precipice of major shake-ups across its core commercial and distribution models. Microsoft's eye bulging $69 billion deal for Activision is a testament to that shift. Costly as the deal is, it's arguably a small price to pay to secure some of the biggest franchises in gaming: Call of Duty, Warcraft, Candy Crush and Overwatch. Even more so, considering those titles span a community of 400 million active monthly players. In other words, the deal is the boldest sign yet that content is the future of gaming, not consoles. Should you invest in Nintendo? The question comes down to whether you are willing to pay about SGX:40B for Nintendo's IP and potential earnings powers. To me, a company that continues to produce in-demand and profitable content is worth that price tag, especially after having generated a net profit of 432.7B yen, or $2.97B in FY2023. That's a P/E of about 13.5 after subtracting out Nintendo's current assets - not a hefty sum given everything Nintendo has going for it. Nintendo's strategy seems to be working, with The Super Mario Bros. Movie not only performing well on its own but also providing a boost to other Nintendo offerings. While there are concerns, there are also plenty of catalysts moving ahead. I am excited to see new Nintendo initiatives including more theatrical releases of their IP and their (positive) effects on the rest of the company's products. Longby moonyptoUpdated 9
Can Nintendo's Next Move Redefine Gaming Again?In the high-stakes world of gaming entertainment, Nintendo stands at a fascinating inflection point. With a 69% profit plunge and declining Switch sales, conventional wisdom might suggest trouble for the Japanese gaming giant. Yet, history shows that Nintendo often thrives most when challenged, using periods of transition to revolutionize how we play – just as they did with the Wii's motion controls and the Switch's hybrid concept. The company's current strategy reveals a sophisticated understanding of modern entertainment ecosystems. While managing the sunset of the Switch era, Nintendo is simultaneously expanding its reach through Hollywood partnerships, innovative hardware accessories, and digital services. This multi-pronged approach suggests that Nintendo's vision extends far beyond traditional gaming boundaries, potentially setting the stage for a more comprehensive entertainment experience. What makes this moment particularly intriguing is Nintendo's proven ability to create new market categories rather than just competing in existing ones. As the company prepares to announce its next gaming platform before March 2025, the real question isn't just about new hardware specifications – it's about how Nintendo might once again reshape our understanding of entertainment. With its rich IP portfolio and history of innovation, Nintendo appears to be orchestrating not just a product launch, but potentially a new chapter in how we interact with digital entertainment. The coming months will reveal whether Nintendo can once again transform challenge into opportunity, as it has done repeatedly throughout its 134-year history. For investors and industry observers alike, this represents more than a financial turning point – it's a window into the future of interactive entertainment.Shortby signalmastermind1
NINTENDO _ Rising Wedge Patter Target _ Achieve +100% PROFITRising Wedge Pattern forming and Expecting a Breakout. If Breakout above the Rising Wedge Pattern, market approaching the Pattern Target at price JPY 18,160. Offering the potential to Achieve a 100% PROFIT. This is Long-Term Analysis, must follow the Trend Continuation Technique. Support me; I want to Help People Make PROFIT all over the "World".Longby SasikumarMani1
Nintendo 7824 FOREVER HOLDThis is one stock, if you play it. Its a long term position trade at least. Much like GME, we are betting on the future looking out in decades. Not the 5 minute, the hourly, the daily or even the weekly. Its reminiscent of something like Silver but even more bullish as this is true cup and handle structure. THe target is approx an 8 bagger to the 100 level. Nintendo is one of the oldest companies that is still alive to this day. I continue to dca into this just as I have Tesla and HPELongby BrandonrG3
Nintendo breaking through defined resistanceNintendo has trended downward for over 3 years, but after battling through multiple clearly-defined levels of resistance, now could be in the clear. Among the foes vanquished by the Japanese gaming juggernaut is the Ichimoku kumo or cloud, to which NTDOY share price noticeably responds. A looming Switch 2 announcement provides fundamental fuel for the bullish case.Longby BarryStocks2
NTDOY - Weekly Cup & Handle I've been tracking this Cup & Handle Pattern on NTDOY for the past few months now. It was respected recently on a weekly timeframe when it tested the $10.03 Support Level. It appears that we are Bull Flagging as we speak, and on another level for the next leg up. If the Cup and Handle successfully closes above $15/16$ on a weekly candlestick. I truthfully believe that we could see anywhere from $20/$25/$30 All-Time Highs. With the news of the new Zelda Movie releasing, as well as a new Nintendo Game Consol (Switch 2 Possibly?), the fundamentals are lining up with the Technical Analysis thats been done. Longby TrentRowlands113
Nintendead?Consumer spending is dropping, looks like the trend is broke but need to see that lower low.by decklyndubs0
NTDOY Breakout/RetestNTDOY seems to have broken trend line resistance and is backtesting to form support.Longby bee-wolf0
$NTDOY Flying Under The RadarThe Super Mario Bros. movie broke the $1 billion mark, becoming the highest-grossing video game movie. Nintendo Co., Ltd. (OTCPK: NTDOY) can expect to increase its IP-related income for FY2024, especially with the opening of Super Nintendo World in Los Angeles in collaboration with Comcast (NASDAQ: CMCSA). Moreover, NTDOY released Tears of the Kingdom, the sequel to the fan favorite Breath of the Wild which can drive NTDOY’s revenues in FY2024 which in turn can reflect on NTDOY stock. On another note, there is a lot of speculation that the next generation Switch will be launched in 2024 since sales of the Nintendo Switch have been declining lately. Given all of these catalysts, NTDOY stock could be a profitable long-term investment. NTDOY Fundamentals Video Game Market The video game market is currently reflecting the economic climate since video game sales have continued to decline – falling 5% to $4.1 billion from last March’s $4.3 billion and 2% YoY, according to research group Circana. Furthermore, NTDOY’s Switch sales dropped 22% YoY from 22 million units in FY 2022 to 18 million units in FY 2023 which shouldn’t be a cause for concern since it has been 7 years since the Switch’s release. NTDOY also announced that it has sold 210 million software units, down 8% from the 230 units it sold last year, which can be attributed to the lack of flagship titles released last year. It is also worth noting that NTDOY is expected to launch the next generation of the Switch in 2024, which could drive hardware sales since the Switch is 7 years old as of now, and NTDOY fans are eager for its update. New Releases Unlike last year, this year seems to be loaded on the flagship release front NTDOY has released the new Zelda game Tears of the Kingdom, which sold 10 million copies over the first three days, even though the new game was $10 more expensive than Breath of the Wild. That indicates that demand for flagship games is still there even with higher prices, despite declining video game sales this year. Monetizing Its IP Not only did NTDOY succeed in the video game, but the collaboration with Comcast on its new movie, The Super Mario Bros., was a huge success and exceeded all expectations. The Super Mario Bros. is currently the highest-grossing video game-based movie at $1.3 billion worldwide and is on the path to becoming the highest-grossing animation movie. While this is great news for Nintendo, what is more important is that the movie may increase interest in Mario games and have a positive effect on the Switch and software sales in the medium to long term. In fact, NTDOY has seen sales growth for Mario-related merchandise and a slight rise in activity for classic Mario titles. The success of The Super Mario Bros. movie can open the door to more movies based on NTDOY’s IP in the future, especially with the rumors that Universal closed a deal with NTDOY for a future Legend of Zelda movie. Thus, it indicates that NTDOY is now more willing to use its IP. Comcast’s Universal Studio is another place NTDOY is willing to use its IP since Comcast opened Super Nintendo World in its Universal Studios theme park in Los Angeles, which will increase NTDOY IP revenues, especially as the summer season begins, which accounts for more than 40% of theme park annual revenues. Comcast will also bring the Super Nintendo World to its Universal Studios theme park in Singapore in 2025. Furthermore, Comcast is currently working on the construction of Universal Epic Universe in Orlando, Florida which is expected to be finished by 2025 and confirmed that it will have a Super Nintendo World themed area. With the company expanding the range of its IP’s uses, NTDOY stock appears to be well-positioned to increase in value in the long term as these endeavors bear their fruit. NTDOY Financials In its 2023 annual report, NTDOY’s assets increased 6% QoQ from $19 billion to $20.3 billion, and its cash and cash equivalents in Imperial Petroleum Inc. (NASDAQ: IMPP)creased 4% QoQ from $8.6 billion to $9 billion. NTDOY’s total liabilities slightly decreased from $4.23 billion to $4.2 million. Revenue also decreased 6% YoY from $12.1 billion to 11.4 billion. Operating costs increased almost 8% from $2.5 billion to $2.7 billion, which contributed to the operating income decrease of 14% YoY from $4.2 million to $3.6 million, which amounted to a net income of $3 billion – a 12% decrease YoY. *These numbers have been converted from Japanese Yen to US Dollars using June 14, 2023 prices. Technical Analysis NTDOY stock’s trend is bullish with the stock trading in an upwards channel. Looking at the indicators, the stock is trading above the 200 and 50 MAs which are bullish indications, and is retesting its 21 MA support. Meanwhile, the RSI is overbought at 74 and the MACD is approaching a bearish crossover. As for the fundamentals, NTDOY stock just witnessed a catalyst in the release of the new Zelda game Tears of the Kingdom. NTDOY’s Q1 earnings on August 3 will be an important future catalyst as it will show NTDOY’s revenues from its Zelda game and Super Nintendo World. NTDOY Forecast The video game market seems to be slowing down after it exploded back in the pandemic. NTDOY is currently seeing some of that since its software unit sales have declined in FY2023 and NTDOY expects the decline to continue in FY2024. But with NTDOY expanding its IP exposure with the new The Super Mario Bros. movie and Super Nintendo World in collaboration with Comcast NTDOY can expect to realize more IP-related revenue in FY2024. Furthermore, NTDOY released the much-anticipated Zelda game Tears of the Kingdom, which sold 10 million copies in the first 3 days despite the market slowing down. NTDOY stock is a stock to keep an eye on, especially with the expectation that NTDOY is going to release the next generation of the Switch soon.by Penny_Stocks_Today5
Watching top trend line for potential pull back or breakoutTop trend line stands between today's price and 6 month high of 10.99. If it can establish support over this line, should hit $11 soon. However it may also pull back here due to resistance.Longby sickdaytrader1
Broken two trend lines to the upsideClearly broke through two trend lines and re-established support above them. Time for Nintendo stock to take off on the success of their first (of potentially many) movie franchises and theme parks around the world.Longby sickdaytrader1
NTDOY long from low to low in 2019 we have a year increase of 40% from high to high in 2021 we also see a year increase of 40% from high to low its 130% I feel that Nintendo is a safe long-term bet as its rsi. Longby johncurreyp3
Cup with Handle on Nintendo with Bullish DivergenceW have a nice looking Cup with Handle with Nintendo Trading near the Bottom of the Handle and Diverging if things go smoothly we can easily rise 20%-60%Longby RizeSenpai2
Analysis: Buy idea: Bearish ChannelAs you see on the chart we have the breakout with force the vwap indicator and the resistance line by a big green candle so it's mean that we will have a big probability of an uptrend.Thanks.by PAZINI191
NINTENDOHELLO GUYS THIS MY IDEA 💡ABOUT 7974 is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade.. IF you like my work please like share and follow thanks TURTLE TRADER 🐢Longby WaveRiders23
Inverse Head & Shoulders on Nintendo: Hidden Bullish DivergenceNintendo is breaking through the Neckline of an Inverse Head and Shoulders pattern visible on the Daily timeframe and looks to be targeting the a Fibonacci Retrace to the upside. I will be targeting the .786 and the .886 for Profit Taking.Longby RizeSenpai118
$NTDOY Long Term Price Prediction$NTDOY appears to be continuing its higher lows/higher highs, while building support on prior trend lines. Long Term price prediction is $150+ based on trend and Fib extensions. The recent rejection just above prior ATH seems to have found its bottom on a confluence of trend lines.Longby bee-wolf4
LongNintendo's monthly line rise is about to begin. It is expected to have a recent high, which may increase surprisingly. Let's guard Nintendo's smile. Nintendo is the master of the world.Longby Freedom_CN1
$NTDOY Nintendo is at it's 200 weekly SMA, might be a buy here..Nintendo ist at it's 200 weekly SMA , this was a very decent spot to buy in the past. This is something to hold on to imo, so no real trade setup here, but one could put this thing in his HODL depot and just forget about it. Also pays some dividends on top. It's a me, MARIO :)Longby 10xTrading5