NVDA Bearish reversal - Short timebig reversal pattern after completing wave (5)
its now time for ABC correction
Nvidia
Expectation for the #NvidiaHigh Expectation for the Nvidia going up if we have strong break for the 0.5 level
however the price can respect this level and back to the down side
Nvidia: Reverse Head and Shoulders Pattern Analysis 1D (Apr. 20)X FORCE GLOBAL ANALYSIS:
In this analysis, we take a look at both technicals and fundamentals for Nvidia (NVDA)
Technicals
- We see a text book reverse head and shoulders pattern
- It seems as though the right shoulder has also finished forming, and our neckline remains around our support at $285
- Our all time high resistance sits at $315
- The Relative Strength Index is forming higher lows, and continues in an uptrend as a sign of trend strength
- The Moving Average Convergence Divergence (MACD) also shows increasing bullish histograms after a golden cross, indicating signs of momentum
- Normally, a breakout from the reverse head and shoulders pattern is resulted by an increase by the same degree of the depth of the neckline
Fundamentals
- The operating margin for Nvidia sits at 26.10%, gross at 62%, and net at 25.6.
- Nvidia generates considerably more profit, after expenses are accounted for, compared to its counterparts
What We Believe
Overall, Nvidia shows bullish technicals, and sound fundamentals. As a solid stock, it appears that Nvidia could move on to test new all time highs.
Trade Safe.
Looking at NVDA, bullish viewPracticing fib spirals
A descending wedge fractal can be observed
Put in optimal entry point for those entering a trade.. .236
NVDA to reach previous resistance level in June 2020.NVDA starts a new compression zone in a bearish zone.
Short position could be taken with take profit in 195.16 ( resistance level ).
Nvidia mixed signalsMixed signals bullish chart patterns and bearish chart patterns together! A bulflag and a rising wedge. A double bottom is required along the rising wedge if it is to provide bullish continuation. If not a breakdown will occur post breakout of the bullflag!
NVDA - Inverted H&S breakout planPrice has printed an inverted head and shoulder pattern. We are looking for price to break and hold above $280. Assuming the market regains traction after the corona virus scare, we should see price reaching back to $315s
Is it time to buy Nvidia?See chart - share price on NVDA at significant discount at the moment.
Note, I do not hold positions in this investments at the moment. No recommendations are made one way or the other. If you're an investor, you'd want to look much deeper into each of these situations. You can lose money trading or investing in stocks and other instruments. Always do your own independent research, due diligence and seek professional advice from a licensed investment advisor.
NVIDIA VS AMD - lets better win
If you can see War betwin Nvidia and AMD continue and its stronger then ever.
But lets hold My point here . Past days AMD stock price crash
from 52.79 $ to 46.09 $ what is big lost in such a short time .
When AMD dump Nvidia take good opertunity to show how strong it is and the rise dumping position
from 231.39$ to 249.13$
So AMD will stay down a little more when Nvidia will continue to grow .
LONG !
This is not financial advice !
FANG+ Stocks: Buoyed in 2020 by Solid Earnings and Low RatesFor those who have followed my ideas over the past several months at-least, know that I remained bullish not only in the entire stock market on a broad basis, but US Tech was one of my top picks for continued growth which has deemed correct. I went on to say that 2020 will be a better year from peak to peak growth over the broader markets than 2019 which for now, is correct.
In-fact, even compared to "experts" across the lamestream media, I was one of the very few that actually believe 2020 would be a better year for the broader market than 2019 and not only has this deemed correct, but it will remain correct.
FNGU represents one of the best leveraged funds in the entire market and significantly better than the popular TQQQ, and even superior to the other popular 3x ETF TECL.
The companies the stock follows are diversified in a 10% weighted classification which is reset quarter by quarter. In 2020 I view all 10 of these boasting significant and continued growth.
- Tesla (My TP: 1000+)
- Nvidia (My TP: 350)
- Alibaba (My TP: 275-300; if Chinese GDP rebounds in Q2 then 400+)
- Bidu (My TP: 175-200; if Chinese GDP rebounds in Q2 then 250+)
- Twitter (My TP: 45)
- Facebook (My TP: 250-275)
- Apple (My TP: 375-400)
- Amazon (My TP: 2800-3200)
- Netflix (My TP: 425-450)
- Google (My TP: 1600+)
Of those listed above, Tesla, Nvidia, Apple and Amazon all have posted historic earnings; Netflix and Google posted decent earnings; Alibaba and Bidu continue to be remarkably undervalued given the current state of the virus, however, this will change by Q2 or Q3 of 2020; and Twitter and Facebook will likely rebound and show signs of strength as the year progresses.
In the long-run, Nvidia will be a dominant force in the AI market; BIDU and BABA will likely go on some sort of parabolic run to 3-4x their current stock value and Tesla will become a world dominant force in the EV and battery market. While normally 3:1 ETFs hold an inherent risk, given the diversification in this fund, one can capitalize on significant growth appreciation by investing into this ETF.
By the end of 2020 FNGU could and will likely triple in numerical value from current price (~100/share) buoyed ahead by decent earnings growth and likely the Fed lowering rates at-least twice in 2020.
An important technical note: once the SPX gets closer to 4000, investors should reduce their exposure to high risk ETFs as 4000 represents the peak of the longitudinal channel on EW theory. Investors should also reduce risk closer to late 2020 (October-ish) if the Democrats (particularly Bernie Sanders) have an elevated risk of winning the election based on polls.
- zSplit
Autonomous A.I Trading Doubles NVIDIA Price Target!Autonomous A.I Trading Doubles NVIDIA Price Target
