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Nvidia

BUY NVDA 9.16.2020Nvidia's 40 Billion dollar acquisition of arm could mean the new generation for machine learning and AI. The new Nvidia GeForce 30 series graphics cards announced earlier this month will be finally released on September 17 and 24th for the two higher end cards, and in the beginning of October for the budget card. Since the beginning of the pandemic, many people have turned to gaming as a form of entertainment, and PC gaming has become significantly more popular. The new Nvidia Graphics cards are an insane step in gaming, which is one of the factors that I believe will lead to the stock price going up. The new cards are also a massive jump in machine learning technology, something I specialize in. Nvidia has the best libraries and hardware for machine learning and these new cards have an insane amount of VRAM, CUDA cores, and specific architecture built for machine learning, aswell as the massive amounts of libraries and GPU support for many common machine learning libraries. I believe that within the first few weeks of people receiving their new cards and testing them, benchmarks and reports will be published on their gaming and machine learning performance and the world will be amazed. With the acquisition of arm, it seems that Nvidia is making an aggressive push towards a monopoly on machine learning technology (even though they are currently at the top with google right now). This is why I believe that in the long term (1-3 years) the stock price could very well get to $900, but more realistically I would set it at a target price of $2,000 in 2 years from now. This target price and date is partly based on Moore's Law, and the rate of development of current machine learning technology.
NASDAQ:NVDALong
by peterlebiedzinski
3
NVDA Nvidia Exciting Upward Trend! NVDA (Nvidia) is an exciting stock to be in. Given their processing tech and the ability to branch into many cloud businesses such as gaming, processing, and storage, their technology has become a necessity, and demand consistently exceeds supply. I got into NVIDIA as a long-term growth play when it was trading at $360. The breakout above previous ATH with volume was an obvious signal to buy, along with STRONG fundamentals and macroeconomic environment making it a recipe for the next rocket. I don't typically buy into overbought stocks, but with the environment around stocks like TSLA and AAPL making it obvious a tech bubble was forming, it looked like a stock that wasn't getting as much attention yet given the news cycles were sparse, and product launches upcoming in Q4 were going to be great fodder for future growth. I played it right, and the stock went all the way up to $585, now in a correction pattern. Based on the Fib extensions and Elliot wave patterns, this is a very healthy growth stock with potential to shatter its ATH in the next 6 months. Disclaimer: I am not a professional and I draw charts for my own education and keeping track of my trades to know when to get in and when to get out. I'm always open to constructive feedback so feel free to share your thoughts in the comments. Thank you!
NASDAQ:NVDALong
by Shadowfigure
5
FANG+ Index: All US Fang Stocks Likely ToppedHello traders, The NYSE FANG+ Index, which constitutes: Tesla, Nvidia, Alibaba, Baidu, Twitter, Facebook, Apple, Amazon, Netflix and Alphabet, have in my work, topped. In particular, those of which are US-born names. Some may get closer to their current ATHs than others, and others may consolidate in a B wave more than others, but overall as a general trend, many of them have reached their complete and total top. A lot of people were angry at my Tesla call where I accurately predicted that the top was reached and it will begin to crash - this deemed to be correct and spot on. Since then, many people on TradingView have copied my Tesla chart almost identically with different colours now that they have already seen a significant demise in the technicals of the stock. This is not the time to be taking risk and artificially believing large-cap US tech can "go up forever" otherwise you will get burned in the next half year and several years beyond. Trade large-cap tech with extreme caution. This risk is not just limited to FANG stocks - but also - stocks like Peleton, that have soaring valuations; that are totally unrealistic, unsustainable and unachievable. -zSplit
ICEUS:FNG1!
by PaulDeep19131
8
NVDA - Nvidia Stock AnalysisBased on Technical Analaysis the idea is to go long Fundamental News: Nvidia is a GPU giant that’s ready to benefit from the expansion of the global gaming market for years to come. The company also had the foresight to expand into data centers and elsewhere. The firm closed in late April its $7 billion acquisition, its largest ever, of Mellanox Technologies to help bolster its data center unit. Plus, NVDA’s new Ampere architecture is set to play a key role within AI-focused chips and in cloud computing. Back in May, NVDA topped our Q1 estimates, with sales up 39%, driven by an 80% climb in data center revenue—which topped $1billion for the first time. Nvidia’s longer-term earnings estimates have climbed since its report and the stock is currently a Zacks Rank #3 (Hold). And Wall Street has rewarded NVDA’s growth story, with shares up nearly 200% in the past 12 months to destroy the broader semiconductor market’s 43%. Nvidia is also up 15% in the last month, heading into the release of its second quarter fiscal 2021 financial results that are due out on August 19. With this in mind, NVDA’s revenue is projected to surge 42% and 33%, respectively in Q2 and fiscal 2021. At the bottom end of the income statement, NVDA’s adjusted earnings are projected to soar 56% and 36.5% over this same stretch. Peeking ahead, Nvidia’s adjusted FY22 EPS figure is expected to jump another 22% higher on 18% stronger sales. NVDA also pays a dividend and has a solid balance sheet to boot.
NASDAQ:NVDALong
by Mauriello
Nvidia Hits Major Resistance Level.AMD and NVDA are both hitting a top of channel Resistance on larger timeframes. I am looking at $460 for a potential short on nvidia. I will play a tight stop and see if it can break above the channel. If it did break above you would want to see it establish a new support level above old Resistance, then you could play it going up. But for now I will stick to the rules and look at this as a potential reversal. If sellers stepped up we could see a potential 20% retracement. Risk a little for a potential bigger move down. The spx500 is almost back to all time highs, I don't think we will blow right through. We could see some correction in the markets first, then we can see where we want to establish support. It will be an interesting month. Best of luck
NASDAQ:NVDA
by UnknownUnicorn2319099
7
NVIDIA LevelsI could see a little more pump, but I'm not buying these tops. Four hour TTM looks like its rolling over. Speculating how much correction we see here will be correlated to all major indices corrections. I'm thinking that with the legislation on the twenty seventh of July with Facebook, Apple, Google and Amazon, we'll see something that causes some sort of dip. I could see massive pumping before then and maybe a bit after, similar to the pump we saw in December before the covid news was used to provide the backdrop for massive profit takings at the expense of the lay person.
NASDAQ:NVDAShort
by Fall0ut0fTh15
1