Reason1: Cooling of Blackwell overheating issues boosts confidence. Concerns about overheating in Nvidia's latest high-end chip, Blackwell, had been widely discussed. However, multiple authoritative analysis firms and Nvidia's CEO Jensen Huang confirmed that these issues have been resolved. Industry analysts noted that such problems have been effectively...
Pre-Earnings Strategy: First things first—know the key numbers and the market expectations. But keep in mind, NVIDIA’s revenue recognition can get tricky, so don’t be surprised by unpredictable results. This is why a solid strategy, proper positioning, and downside protection are essential going into the report. 1. Core Numbers & Expectations Where do Buy-Side...
Technical speaking, the price is overall moving in a bullish market after forming a head-shoulder bottom. It is fluctuating between a consolidation box for a short-term pullback. However, it dropped 7.7% after releasing the earnings report, which disappointed many investors. From a fundamental perspective, Unity Software's latest earnings report reveals...
My answer to the topic is that MARKETSCOM:BITCOIN might have a short-term pullback from technical analysis. BITSTAMP:BTCUSD soared 9% yesterday since Trump won the presidential election. And then, it be rejected by the resistance level of the bullish channel upper edge. Therefore, the price might continue to go up after a short-term pullback. And the...
NYSE:PLTR Palantir soared over 14.2% after Q3 FY24 earnings report: • Net dollar retention 118% (+11pp Y/Y). • Customers +39% Y/Y to 629. • Revenue +30% Y/Y to 726M (22M beat). • Non-GAAP EPS $0.10 ($0.01 beat) . FY24 guidance: • Revenue +26% Y/Y to 2.807B (+61M). • Adjusted margin 38% (+3pp). It will probably break above the resistance of previous high...
Robinhood has just launched election contracts, allowing users to trade on the outcome of the 2024 U.S. presidential election between Kamala Harris and Donald Trump. The new contracts rolled out to a limited number of customers on October 28. Customers enable margin and options trading and need to be approved for a Robinhood Derivatives account. With contracts...
Technically, AMD is closing to the downtrend line again. There was a FAKEOUT three weeks before.So will NASDAQ:AMD truly breakout the downtrend line this time? It will depends on the earnings report today! Here are 3 Things I'm Watching in NASDAQ:AMD 's Earnings on Tuesday 1. MI300 Series: Flagship AI GPU • Their new Instinct MI300 series GPUs are built to...
Technical speaking, Tsla is having a consolidation pullback in an overall bullish market. It was rejected by the key resistance level of previous high yesterday, and also closed to the support level of the high price of recent high volume candle. In this case, it might probably go bullish if it breaks above the resistance level. And if not, it will continue to...
I will short trade NASDAQ:CHSN today if it started to rise after open, here is my reason: 1. Market maker sold out: the price reached the resistance level from previous high with high volumes, which means half shares of the market cap has already sold. personally, i think those sold shares belong to the market maker. 2.Negative news: SEC has ordered a...
AMD is moving in a bullish channel, and just has retested the previous downtrend line. The green candle of yesterday signals that the price is supported, and will start to go bullish! as far as i'm concerned, I will place my buy order at this area.
AMD is moving in a bullish channel, and just has retested the previous downtrend line. The green candle of yesterday signals that the price is supported, and will start to go bullish! as far as i'm concerned, I will place my buy order at this area.
Tesla started a short-term pullback after be rejected by the resistance level of previous highs and the upper edge of the bullish channel, exactly followed what we have predicted on 25 sep. so will tesla stop drop and go bullish again? once point will need our attention is that tesla has been promoting their upcoming “Robotaxi Day” presentation, set for...
My answer for the topic is yes. Disney has broken above the downtrend line, and formed a bullish head-shoulders reversal pattern, exactly repeating the previous price action in Oct 2023. Now it moves in a bullish channel. personally, in a short-term, I will take the nearest resistance level (high volume area) as the target for this rally. what's your opinion?
Nvidia is forming another symmetrical triangle pattern. My answer for the topic is yes! First of all, it is moving in a bullish market overall speaking, so it probably will have a rally if it could break above the symmetrical triangle pattern. it indicates the end of this medium term pullback, and bulls will control the market next. of course, there are still...
My answer to the topic is yes, but it may take some time. here are my reasons: firstly, the price is moving in a bullish channel, and closing to the upper channel, which indicates resistance to the current price. secondly, according to volume profile, the price is in the chips concentration area, which verified the resistance level is important. so, the price may...
Nas100 stock price is closing to the downtrend line, which shares the similar resistance area with Chips concentration area. therefore, this resistance area is very important, and it might be not easy to be broken above.
First of all, the price has broken above the downtrend line, and started to moving in a uptrend market. However, according to the trading volumes, more chips are bought in the top area, meaning that there's strong resistance above the current price. Therefore, I think the price might continue to fluctuated below the resistance area in a short term period.
First of all, Nvidia is moving in a medium term downtrend, and on the way to lower low. so we could see that the important support area would be previous low area, which share the same level with previous high volume candle. In this case, traders who want to buy may need to wait for a better buy timing!