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 $1.89 trillion, investors eagerly anticipate further growth fueled by the AI computing boom.
Unprecedented Growth Trajectory
Nvidia's meteoric rise is a testament to its transformative impact on the tech landscape. From its humble beginnings as a provider of graphics cards for gamers, Nvidia ( NASDAQ:NVDA ) has undergone a remarkable evolution, emerging as a driving force in the AI revolution.
The company's data center division, now its primary revenue generator, witnessed a staggering 409% increase in revenue, signaling the seismic shift towards AI-centric computing. With giants like Amazon, Meta Platforms, Microsoft, and Google among its top customers, Nvidia's influence reverberates across the tech ecosystem.
Navigating Challenges
However, Nvidia's ( NASDAQ:NVDA ) ascent hasn't been without its challenges. Mounting competition and regulatory hurdles pose significant obstacles to sustained growth. The emergence of rivals like AMD, armed with their own AI accelerators, presents a formidable challenge to Nvidia's dominance.
Moreover, navigating complex export regulations, particularly concerning sales to China, requires adept maneuvering. Despite these challenges, Nvidia ( NASDAQ:NVDA ) remains undeterred, doubling down on innovation and strategic partnerships to maintain its competitive edge.
The Road Ahead
As Nvidia ( NASDAQ:NVDA ) embarks on its next chapter of growth, the possibilities seem boundless. With AI poised to revolutionize industries ranging from healthcare to finance, Nvidia's role as a catalyst for innovation has never been more pronounced.
With visionary leadership, unwavering dedication to excellence, and a commitment to pushing the boundaries of technology, Nvidia ( NASDAQ:NVDA ) stands on the precipice of a new era of prosperity. As the world embraces the transformative power of AI, Nvidia's ascent seems destined to continue unabated, shaping the future of technology in the process.
Nvidia_analysis
NVIDIA PULLBACK TO 600$Previous IDEAS are on the run, if you're trading OPTIONS, I bet Puts here to 606$, then Rebuy back at that level, For the highest assumptions of this stock might goes brrrr to 1000$,
This is the best stocks on all if this happens.
Follow for more, 1100$ testing the 7*3 numerology, were almost done the 6*3.
Keep updated if you like this stocks.
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.
Nvidia's Stock Rally Hits a Speed Bump Ahead of Quarterly Report
The exhilarating ascent of Nvidia's ( NASDAQ:NVDA ) stock throughout the early months of the year has abruptly stalled, casting a shadow of uncertainty among investors eagerly anticipating the company's forthcoming quarterly report. What was once a scorching rally has now encountered a significant setback, with Tuesday witnessing a notable 5.3% dip in Nvidia's ( NASDAQ:NVDA ) share price, settling at $687.91. If these losses persist, it could mark the most substantial percentage drop in over eight months, underscoring the apprehension prevailing in the market.
Balancing High Expectations Against Soaring Valuation
Nvidia's ( NASDAQ:NVDA ) meteoric rise has been nothing short of remarkable, catapulting the chip designer into the spotlight of the AI revolution. With a staggering 40% surge in its stock value this year alone, Nvidia ( NASDAQ:NVDA ) has ascended to the rank of the third most valuable U.S. company, trailing only behind tech behemoths Microsoft and Apple. However, the soaring trajectory of its stock has inevitably led to questions regarding the sustainability of its towering valuation. Amidst mounting anticipation surrounding Nvidia's quarterly results, investors are grappling with the critical question: will the company's performance justify its lofty market capitalization, which stood at a staggering $1.79 trillion as of last Friday?
Navigating Uncertainty in the AI Landscape
As Nvidia ( NASDAQ:NVDA ) braces for its upcoming quarterly earnings report on Feb. 21, analysts and investors alike are poised for revelations that could either reignite the fervor surrounding the stock or trigger a significant market recalibration. Analysts' projections paint a picture of optimism, with expectations set at earnings of $4.56 per share and a substantial revenue increase to $20.378 billion from $6.05 billion a year earlier. Nevertheless, the specter of disappointment looms large, with Nvidia's remarkable run in the early months of the year raising the stakes significantly. Against this backdrop, the company finds itself under intense scrutiny, with market watchers insisting that anything short of stellar performance may leave the stock vulnerable to a pronounced downturn.
In the face of such heightened expectations, the implications extend far beyond Nvidia's immediate fortunes, reverberating across the broader landscape of AI-focused stocks. Super Micro Computer and Arm Holdings have already felt the ripple effects, witnessing declines of 11.6% and 7.3%, respectively. Even Advanced Micro Devices, which had enjoyed double-digit gains year-to-date, finds itself caught in the undertow, shedding nearly 6% amidst the prevailing uncertainty.
As Nvidia ( NASDAQ:NVDA ) braces for the pivotal unveiling of its quarterly results, the company finds itself at a crossroads, tasked with delivering results that not only meet but exceed the lofty expectations set by the market. With options pricing indicating a potential swing of about 11% in either direction following the earnings announcement, the stage is set for a high-stakes showdown that could reshape the trajectory of Nvidia's stock and reverberate throughout the AI landscape. As the company prepares to navigate the turbulent waters ahead, one thing remains abundantly clear: in the realm of AI, the margin for error is razor-thin, and the consequences of falling short are equally unforgiving.
Nvidia - It Is Finally TimeHello Traders, welcome to today's analysis of Nvidia.
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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.
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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.
NVIDIA displays a robust uptrendNVIDIA displays a robust uptrend, confirmed by the price action consistently forming higher highs, a classic indicator of bullish sentiment. The Moving Average Convergence Divergence (MACD) substantiates this, as the MACD line is positioned above the signal line, indicating maintained upward momentum.
Relative Strength Index (RSI) reads above 70, signaling that the stock might be in overbought territory; however, in strong trends, the RSI can remain overbought for extended periods. It's essential to watch for any divergence or RSI turning downwards as it might foreshadow a potential reversal or pullback in price.
The stock's current price is hovering around the 726 USD level, with the Fibonacci extension levels providing potential targets and reversal points. The next significant Fibonacci level, the 0.382 extension, is near the 760 USD price mark, which could act as a resistance zone. Conversely, a retracement could find support near the 680 USD level, aligning with the 0.618 Fibonacci retracement.
Volume Profile shows higher trading activity at lower levels, suggesting that if the price retraces, these zones might offer substantial support. This could align with smart money concepts, as institutional investors often accumulate positions at such high liquidity levels.
Smart Money Concepts, with labels like 'BOS' (Break of Structure) indicating past areas where price structure was significantly altered, potentially by institutional activity.
NVIDIA presents a strong uptrend with multiple indicators supporting continued bullish behavior. However, traders should be cautious of the overbought RSI and prepare for potential pullbacks to key Fibonacci levels, keeping an eye on volume profile zones for major support. Traders looking to follow smart money might consider these areas for strategic entries, keeping abreast of potential reversals signaled by RSI and MACD changes.
NVIDIA 800 After earnings !NVIDIA’s recent earnings report has given investors several reasons to be optimistic about the company’s future. Here are some key takeaways:
Record Revenue Growth
NVIDIA reported a record revenue of $18.12 billion for the third quarter ended October 29, 20231. This is a significant increase of 206% from a year ago1. Such strong revenue growth is a positive sign and could potentially drive the stock price higher.
Data Center Revenue
The data center segment, which offers cloud and AI services, reached a record high of $14.51 billion in revenue in the third quarter1. This segment’s performance is crucial as it represents a significant portion of NVIDIA’s business. Continued growth in this area could further boost investor confidence.
Artificial Intelligence (AI) Boom
NVIDIA is benefiting significantly from the artificial intelligence (AI) boom2. The demand for AI chips is surging, and NVIDIA, being a leading player in this space, stands to gain immensely. This trend is expected to continue, providing a solid growth trajectory for the company.
Analysts’ Expectations
Analysts expect NVIDIA’s revenue to more than triple from the same period a year ago2. They anticipate NVIDIA’s revenue could reach $20.38 billion for the final quarter of fiscal 20242. If NVIDIA meets or exceeds these expectations, it could result in a bullish sentiment among investors.
Custom Chip Unit Plans
Reports suggest that NVIDIA is planning to launch a new business unit focused on custom chips2. This move could help NVIDIA capture a piece of the growing custom chip market and reinforce its position as the world’s most valuable chip company amid the AI boom2.
In conclusion, NVIDIA’s strong financial performance, growth in its data center business, benefits from the AI boom, and strategic plans for expansion all contribute to a bullish outlook for the company post-earnings.
NVIDIA MASSIVE GAINSAs I predicted before price can goes 600-700, my predictions on distribution might goes to 729 the 6*3 predictable numerology on stocks, We might see 729$ on VANTAGE:NVIDIA . This is not a
financial advice, I am waiting this stocks to form distribution type.
Updates will be make once price forms and makes my predictions goes to 700$ or above.
This is only my view, this is not a financial advice.
Follow for more.
Trade at your own risk.
Nvidia - How Long Will It LastHello Traders, welcome to today's analysis of Nvidia.
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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.
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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.
Nvidia Monumental Divergence- Nvidia seems ready for a bigger retracement.
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Trading Parts
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Short Zone : 400$ ish ( Now )
TP1 : 275$ ish
TP2 : 200$ ish
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- Stay S4fe!
Happy Tr4Ding !
Nvidia's Strategic Leap into AI: Unveiling a $150 Mil Investment
In a bold move that underlines Nvidia Corporation's ( NASDAQ:NVDA ) commitment to shaping the future of artificial intelligence (AI), the renowned chip and graphics card manufacturer has recently joined forces with FTV Capital, Coca-Cola, and Airbus in a $150 million funding round for Kore.ai, an Orlando-based startup specializing in AI-powered chatbots.
This latest investment solidifies Nvidia's ( NASDAQ:NVDA ) position at the forefront of the AI revolution, leveraging its high-end chips to power innovative solutions in diverse industries. With a growing portfolio that already includes investments in Hugging Face, Cohere, and Mistral AI, Nvidia ( NASDAQ:NVDA ) is strategically aligning itself with cutting-edge AI technologies that have far-reaching implications.
Kore.ai, led by CEO Raj Koneru, has experienced exponential growth, boasting an impressive clientele that includes global giants such as Coca-Cola, Airbus, Roche Holding AG, and LG Electronics Inc. The startup's focus on developing virtual assistants for major brands positions it as a key player in the rapidly evolving landscape of AI-driven customer interactions.
Nvidia's involvement in this funding round goes beyond a mere financial transaction. As a long-time advocate for AI initiatives, the company is extending its influence into the development of next-generation AI applications. The partnership with Kore.ai not only underscores the versatility of Nvidia's ( NASDAQ:NVDA ) products but also highlights its commitment to fostering innovation and technological advancement.
Raj Koneru, in a recent statement, revealed that Kore.ai is gearing up for an initial public offering (IPO), signifying the startup's confidence in its trajectory and the broader market's appetite for AI-driven solutions. Nvidia's investment comes at a pivotal moment, aligning with Kore.ai's ambitions for expansion and market dominance.
Nvidia's ( NASDAQ:NVDA ) deepening involvement in AI ventures is a testament to the company's forward-thinking strategy. Beyond manufacturing cutting-edge hardware, Nvidia ( NASDAQ:NVDA ) is actively participating in the AI ecosystem, strategically positioning itself to capitalize on the widespread application of its products. The synergy between Nvidia's chips and the AI algorithms developed by companies like Kore.ai has the potential to redefine industries, from customer service to manufacturing and beyond.
This latest move also emphasizes Nvidia's ( NASDAQ:NVDA ) role as a catalyst for the AI revolution, fostering collaboration and investment in companies that share a vision for a future where artificial intelligence plays a central role in shaping our everyday lives.
In conclusion, Nvidia's $150 million investment in Kore.ai is not just a financial transaction; it is a strategic move that cements the company's status as a key player in the AI landscape. As the world increasingly relies on AI-powered solutions, Nvidia's commitment to fostering innovation positions it as a driving force in shaping the future of technology.
NVIDIA ($NVDA): Riding the AI Wave to New Heights
NVIDIA Corporation ( NASDAQ:NVDA ) is on the cusp of a historic moment, with its stock hitting an all-time high and poised to become the fourth-largest company by market capitalization. The company's recent surge is fueled by groundbreaking developments in artificial intelligence (AI) and graphics processing units (GPUs), propelling NVDA into new frontiers. We delve into the factors driving NVDA's success, the competitive landscape, and whether now is the right time for investors to buy into this tech giant.
The AI Revolution:
NVIDIA ( NASDAQ:NVDA ) has long been at the forefront of innovation, pioneering graphics processors that revolutionized computer gaming. The company's GPUs have expanded beyond gaming, finding applications in healthcare, automobiles, and robotics. In a game-changing move, NVIDIA's AI-capable supercomputer played a pivotal role in the advancement of generative AI, exemplified by OpenAI's ChatGPT. This "iPhone moment of AI" not only reshaped the industry but also marked a turning point for NVIDIA's financial performance.
Stellar Financial Performance:
NASDAQ:NVDA 's 2023 rally of 239% and its recent all-time high of 553.46 underscore its exceptional financial performance. Despite a brief dip after its third-quarter earnings report, where profits exceeded expectations at $4.02 per share on sales of $18.12 billion, NASDAQ:NVDA has continued its upward trajectory. The company's data-center sales, a key driver of growth, surged 279% to a record $14.51 billion, showcasing the insatiable demand for NVIDIA's advanced technologies.
Competitive Landscape:
While NVIDIA has maintained its trailblazing status, competitors are catching up. Advanced Micro Devices (AMD) launched a new AI chip in December, intensifying the competition in this rapidly evolving space. However, NVIDIA's extensive product portfolio and established market presence position it as a formidable player. The question for investors is whether the company can sustain its lead and fend off competitors eyeing a slice of the burgeoning AI chip market.
Analyst Projections:
Analysts project robust growth for NASDAQ:NVDA , with an estimated 236% increase in per-share earnings to $11.22 for fiscal 2024. Despite concerns about profit growth decelerating to 67% in fiscal 2025, the overall outlook remains positive. Bank of America analyst Vivek Arya and Bernstein analyst Stacy Rasgon both hold a bullish perspective, with a price target of $700, suggesting that there is untapped potential in NVIDIA's stock.
Investor Considerations:
While NASDAQ:NVDA 's technical outlook is favorable, with the stock trading near the top of its 52-week range and above its 200-day simple moving average, caution is warranted.
Future Prospects:
The global AI chip market is projected to grow significantly, reaching $67.1 billion in 2024 and doubling to $119 billion by 2027. NASDAQ:NVDA is well-positioned to capitalize on this growth, given its track record of innovation and market dominance. However, investors should monitor the competitive landscape and consider the potential impact of emerging technologies on NVDA's market share.
Conclusion:
NVIDIA's journey to becoming the fourth-largest company by market capitalization is a testament to its pioneering spirit and technological prowess. While challenges loom on the horizon, the company's strong financial performance, coupled with optimistic analyst projections, paints a compelling picture for investors.
As NASDAQ:NVDA continues to ride the AI wave, the question remains: is now the opportune moment to invest in this tech giant? Only time will reveal whether NVIDIA's ascent is a sustained trajectory or a momentary surge in the ever-evolving landscape of technology stocks.
Nvidia - Higher, Higher And HigherHello Traders, welcome to today's analysis of Nvidia.
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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.
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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.
NVDA "AI King" BreakoutNvidia stock NVDA price just hit a new all time high Monday after the chip company unveiled new products and partnerships at the annual Consumer Electronics Show (CES).
The company rolled out three new chips that will let gamers, designers and other users make better use of AI on their personal computers.
Technically speaking, the stock NVDA is still having the room to test $530/$544 projected targets on the short term.
NVIDIA's Strategic & Technological Innovations Propel's Stock
In the ever-evolving landscape of technology, NVIDIA stands as a beacon of innovation, making waves not only in the gaming industry but also in the realm of artificial intelligence. The recent launch of the custom-designed GeForce RTX 4090 D for the Chinese market underscores the company's commitment to expanding its global footprint.
1. GeForce RTX 4090 D: Tailored for Success in the Chinese Market
NVIDIA's collaboration with the U.S. government to design the GeForce RTX 4090 D, specifically tailored to meet export control regulations, reflects the company's dedication to navigating the complex geopolitical landscape. Priced competitively at 12,999 yuan (~$1837), this gaming and processing powerhouse positions NVIDIA as a key player in the lucrative Chinese market. Despite a slight 5% reduction in speed compared to the standard RTX 4090 model, the strategic alignment with regulatory requirements enhances the company's ability to capture market share in a region with immense growth potential.
2. AI Chip Advancements: A Glimpse into the Future
NVIDIA's recent strides in crafting specialized AI chip versions to replace restricted A800 and H800 models further demonstrate the company's adaptability and forward-thinking approach. As global demand for AI solutions continues to rise, NVIDIA's cutting-edge technology places it at the forefront of innovation. By addressing supply restrictions in China, the company not only ensures compliance but also positions itself as a reliable and strategic partner in the fast-paced world of artificial intelligence.
3. Investor Confidence in NVIDIA's Growth Trajectory
Investors have consistently shown confidence in NVIDIA's growth potential, reflected in the stock's upward trajectory. The medium- to long-term rising trend channel suggests positive development and increasing buy interest among investors. The recent breakout through the resistance at $468 signals a bullish sentiment, with further potential for growth projected up to $542 or beyond. Volume analysis adds weight to this positive trend, as volume tops and bottoms align with corresponding price movements, reinforcing the overall strength of the upward momentum.
4. Strategic Breakthroughs and Future Prospects
NVIDIA's breakthroughs extend beyond the immediate product launches and stock performance. The positive signal from the rectangle formation, coupled with the strategic moves to navigate regulatory challenges, positions the company for sustained success. As NVIDIA continues to push the boundaries of technology, investors can anticipate further strategic breakthroughs and innovations that drive stock value.
NVIDIA's strategic collaborations, technological innovations, and investor-friendly performance paint a compelling picture for potential buyers. The company's ability to navigate regulatory challenges, tap into burgeoning markets, and lead the way in AI development solidify its position as a key player in the tech industry. For investors seeking growth potential and a stake in the future of technology, NVIDIA emerges as a compelling opportunity, poised for continued success in the dynamic world of gaming and artificial intelligence.
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
Jump on Nvidia’s Pullback: The AI Powerhouse Set for a Comeback
After rising more than threefold, Nvidia (NVDA) stock is pulling back, as uncertainty rises, and many investors take profit.
However, while it may be a while before shares triple in price again, much suggests that this top AI chip play could again perform strongly in 2024.
With this, instead of cashing out/sitting on the sidelines, you may want to enter/add to a NVDA position instead.
Why Enthusiasm is Sliding for This AI Chip Winner
Nvidia is far and away the leading supplier of chips for the generative artificial intelligence market. Booming demand for these chips has resulted in sales rising by triple-digits on a year-over-year basis, with sequential sales growth set to keep rising by a double-digit pace.
Earnings have increased by an even greater extent. Analysts forecast Nvidia’s earnings this fiscal year (ending January 2024) to rise nearly sevenfold compared to FY2023. So then, instead of having continued enthusiasm for NVDA stock, why is the excitement simmering down? Two uncertainties keep weighing on shares.
The first concern is uncertainty surrounding interest rates. If the Federal Reserve lowers rates next year, that’s good news for both chip demand, and for Nvidia’s valuation. However, if rates remain at elevated levels, this could slow down a rebound in non-AI chip demand, affect future AI-related chip sales growth, and limit the extent in which NVDA’s earnings multiple could re-expand.
Technical Analysis
Nvidia Stock movement is indicating a head and shoulder trend with the trough and crest touching the resistance and support level.
NVDA is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors have been pushing the share price higher, and the stock still appears to have upward momentum.
Shorting NVDA. Try #2!If at first you don't succeed....
Traders,
You know I tried this once already. Got stopped out for a loss and honestly, I've been annoyed since. So yeah, this is kind of an revenge trade. Not a good example of how you should trade kids. But again, this is all for your entertainment anyways as I've said all along.
Anywho. Here we are at the bottom of my channel. Patent retest!
Also, I've redrawn the H&S neckline in a way that does not show confirmation on the daily. That right shoulder looks wonky (sometimes it does), but still appears to be forming. Am I a product of my own confirmation bias. Probably. Time will tell.
30%+ Potential profit on this trade.
$460 Entry
$317 Target
$480 SL
7/1 RRR
Def not fin advice.
LFG!
Stewdamus
HPE and Nvidia Team Up for Full Stack Generative AI SolutionHewlett Packard Enterprise (HPE) and Nvidia, two industry giants renowned for their cutting-edge technologies, have joined forces to build a groundbreaking full stack generative AI solution. This collaboration is set to revolutionize the way we approach AI, opening up new realms of possibilities and transforming industries across the globe.
By combining HPE's expertise in high-performance computing and data center solutions with Nvidia's unmatched prowess in AI and accelerated computing, this dynamic partnership promises to deliver an all-encompassing AI infrastructure that is both powerful and efficient. The full stack generative AI solution will empower businesses to unlock the true potential of AI, enabling them to develop innovative applications, drive operational efficiencies, and gain a competitive edge in today's fast-paced market.
This remarkable collaboration signifies a major milestone in the AI landscape, as it brings together the best of both worlds. HPE's deep-rooted experience in delivering scalable infrastructure solutions, coupled with Nvidia's groundbreaking GPU technology, will create a synergy that is simply unparalleled. Together, they will pave the way for groundbreaking advancements in AI research, development, and deployment.
Now, you may be wondering, "How can I be a part of this exciting development?" Well, as an astute trader, you understand the value of seizing opportunities at the right time. Nvidia, being at the forefront of AI innovation, is poised for remarkable growth as a result of this collaboration. Therefore, I encourage you to consider adding Nvidia to your portfolio, as it has the potential to benefit significantly from this game-changing partnership.
As we witness the birth of a transformative full stack generative AI solution, it is crucial to stay ahead of the curve and invest wisely. By positioning yourself strategically, you can potentially reap substantial rewards in the coming months and years.
So, let's embark on this exhilarating journey together! Take a moment to evaluate the potential of Nvidia and consider adding it to your trading portfolio. As always, thorough research and analysis are key to making informed decisions, so ensure you carefully assess the opportunities and risks involved.
If you have any questions or require further information, please do not hesitate comment below. I am here to assist you in any way I can.
Wishing you an exciting and prosperous trading journey!
Nvidia Is Still Bullish💸Hello Traders,
My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻
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➡️In today's video, I will analyse Nvidia for you🫡
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➡️Let me know your opinion about today's analysis in the comments below👇
➡️I will only enter a trading position if ALL of my trading/entry criterias are met!
Keep your long term vision!
P.S. Trading is risky and most beginner traders lose money!