Buying Berkshire Hathaway in current range.Berkshire Hathaway B - 30d expiry - We look to Buy at 319.21 (stop at 314.21)
Price action continued to range between key support & resistance (320 - 330) although we expect a break of this range soon.
The bias is to break to the upside.
The primary trend remains bullish.
This is currently an actively traded stock.
Support is located at 320 and should stem dips to this area.
Our profit targets will be 331.21 and 333.21
Resistance: 322.63 / 324.00 / 327.00
Support: 320.00 / 317.41 / 314.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Stocksignals
US30 Lower Timeframe Sell IdeaBased on bearish higher timeframes, we are scaling into current price action.
We failed to create a new higher-high to continue countertrend, thus giving us opportunity for possible sells / shorts.
Entry is based on fib-retracement snipe zone, institutional candle, overall trend and minimum Risk:Reward 1:4.
Possible areas to Take Profit are the moneybags. Could swing into 4H POI from previous post.
Humana to find buyers at previous support?Humana Inc - 30d expiry - We look to Buy at 481.11 (stop at 468.38)
Price action continued to range between key support & resistance (480 - 515) although we expect a break of this range soon.
The primary trend remains bullish.
We look to buy dips.
Short term momentum is bearish.
We look for a temporary move lower.
Our profit targets will be 512.88 and 518.88
Resistance: 500 / 510 / 515
Support: 495 / 490 / 480
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Necklace Pattern Series- "Bector Foods"How nicely Necklace Pattern is being shaped.
A Necklace is when stock goes down 90% & reaches back to its old lifetime High...Monthly TF clearly indicates target above Life Time High! Its re-claiming its past glory!
This is also called as rounded bottom, but since its re-claiming its old High, its no more a bottom, right?
Ross Stores to see a temporary move higher?Ross Stores - 30d expiry - We look to Sell at 112.85 (stop at 118.61)
Short term bias has turned negative.
We are trading at overbought extremes.
We have a Gap open at 18/11/2022 from 97.93 to 114.80.
Previous support at 113 now becomes resistance.
Preferred trade is to sell into rallies.
We look for a temporary move higher.
Our profit targets will be 98.51 and 96.51
Resistance: 105.50 / 107.50 / 110.15
Support: 101.00 / 99.00 / 94.50
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NVIDIA ($NVDA): Trend is still bullishFrom a technical point of view, NASDAQ:NVDA 's trend is bullish on daily and intraday charts, and after some correction, NVIDIA Stock should trigger at least the latest rally. That said, if we look at 1H chart, we see a completed wave 3 and a corrective structure in play. The 309/303 support area should limit a potential pullback before a price recovery, , and as shown on chart, the amplitude of wave 5 should be around 7%.
Trade with care!
Like if my analysis is useful.
Cheers!
About INVIDIA
NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment consists of product brands, including GeForce for gamers, Quadro for designers, Tesla and DGX for AI data scientists and big data researchers, and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.
Nvidia -> What A MoveHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nvidia just perfectly broke above the previous all-time-high which we created back in November of 2021 at the $340 level.
You can also see that from a weekly perspective Nvidia stock is a little bit overextended towards the upside, Nvidia just created a rally of 250% without any real correction, so I am now just waiting for a retest of the previous all-time-high and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Nvidia stock is massively gapping towards the upside today with a gap of 25%, breaking all resistance towards the upside but as I mentioned we are a little overextended towards the upside so I am now just waiting for some kind of a distribution phase and then I do expect a short term correction towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought NVDA here:
Then Analyzing the options chain of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 360usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $31.75
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
NVIDIA soars to an all-time high after Q2 earningsNVIDIA soars to an all-time high after Q2 earnings far exceed expectations
NVIDIA (NASDAQ: NVDA) shares hit new all-time highs on Thursday following the release of the company's robust Q2 earnings report, which showed a performance that far exceeded Wall Street's expectations. The tech giant's guidance for the next quarter also topped forecasts, leading to a sharp rise in the company's shares.
Q2 earnings review
NVIDIA reported record Q2 earnings, putting to rest any doubts about its continued growth trajectory. Driven primarily by strong sales in its data center and gaming segments, the company's financial results beat estimates on both the top and bottom lines.
The company's revenue for the quarter came in at $7.4 billion, representing a healthy 68% year-over-year increase. NVIDIA's adjusted earnings per share were $1.04, beating the Wall Street consensus estimate of $0.89.
Driving factors
The impressive results were primarily driven by solid growth in the company's gaming segment, fuelled by insatiable demand for graphics processing units (GPUs). As the digital revolution continues, NVIDIA's high-performance chips have become indispensable business tools worldwide.
In addition to its traditional strength in gaming, NVIDIA's data center business continues to thrive. The rise of artificial intelligence (AI), machine learning (ML), and high-performance computing (HPC) has opened new avenues of growth for NVIDIA's data center GPU solutions. In addition, the company's acquisition of Mellanox has successfully strengthened NVIDIA's position in the data center networking market.
Forward-looking guidance
The most exciting news for investors was NVIDIA's forward-looking guidance. The company forecasted Q3 revenues of approximately $7.8 billion, a staggering 50% above the Wall Street consensus of $5.2 billion. This significant increase reinforced the bullish view of the company's future growth potential.
Market reaction
Investors reacted positively to the news, with NVIDIA shares soaring. The company's robust Q2 results and favorable Q3 guidance drove the share price to an all-time high, further cementing NVIDIA's position as a powerhouse in the global technology industry.
The bottom line
Despite an uncertain economic climate, NVIDIA continues to exceed expectations with its remarkable financial results. Its stronghold in the booming gaming and data center sectors and its optimistic forward guidance underpin a compelling growth narrative. Investors will undoubtedly keep a close eye on the tech giant as it continues to innovate and grow in the fast-paced world of digital technology.
Although NVIDIA's valuations may appear stretched after its recent run-up, its strong growth prospects could justify its high market capitalization. As always, potential investors should adopt a balanced approach, recognizing both the considerable upside potential and the inherent risks associated with high-growth technology stocks.