EmmaInvest

EmmaInvest

NASDAQ:NVDA Swing Trading Bearish short-term (no position) but bullish medium-long term. Current Patterns First, we see the price crossing the neckline of the Head and Shoulders (H&S) pattern on daily chart. The target price is at 110$, but not sure we reach this level. A close below the neckline would strongly confirm the bearish move with good...

EmmaInvest

www.tradingview.com I have no doubt about NVDA's fundamentals and I'm bullish on the stock on the long-term. However, from a technical analysis perspective, the stock is showing signs of fatigue with a steadily declining 20-day average volume over the past several months. A clear divergence between volume and price suggests a potential reversal after the...

EmmaInvest Updated 

The S&P 500 and Nasdaq (including NDX 100) are trading less than 1% below their all-time highs. Market sentiment turned bullish this morning, with the CNN Fear & Greed Index at 56 as of 8:30 am, indicating more greed than fear among investors. We are now anticipating the next significant catalysts that could sustain this trend. These catalysts may include...

EmmaInvest Updated 

Why the stock gained today? • NVDA is a good defensive stock to protect against high interest rates. • Competitor intel losing part of the market and disappointed Q2 forecast • AI demand from MSFT, GOOG, META, TSLA that just revealed an increase in capex this week. NVDA is backed up after last week sell-off, could it last ? • NVDA broke the bearish channel...