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Nvda_analysis

NVDA Reaches Key $940 Resistance, Monitor for Strong RejectionAfter NASDAQ:NVDA managed to beat extremely high earnings expectations, I made a post-earnings analysis video discussing how NVDA has the potential to reach this strong resistance level around $940. Just a few short weeks later and NVDA has already risen to this price target. I think this will be extremely strong resistance, and I have concerns that NVDA could have a strong rejection and pullback here. The Magnificent 7 is quickly deteriorating with AAPL, GOOGL, and TSLA already showing a lot of weakness. I think if NVDA starts a strong downtrend here this could spell a lot of trouble for the U.S. stock market. I gave an important NASDAQ:NVDA update about NVDA approaching a key resistance target. This yellow trendline is sloped upwards and increases over time. I said $920s as my price target earlier and in previous updates. There has been a slight increase to $940-942. This will be an extremely important price target to monitor for NVDA and the U.S. stock market. The RSI is overbought and the conditions are good for a pullback. For the record, I have not been shorting NVDA and I think shorting NVDA has been a bad idea throughout this bullish rally. However, this strong resistance level is an interesting price target for me to consider shorting.
NASDAQ:NVDAShort
by realchartchamp
NVIDIA: Large MovesOverview My first two publications on this idea were removed and I was banned for a day so let's try this out again: ... I finally gave in and started looking into NASDAQ:NVDA and I'm glad I did. If I was going to comfortably invest in derivatives or shares of the tech company, I needed to perform a full evaluation and determine pragmatic price targets. Price Projections I have two macro projections and one micro projection that I would like to share with you. On the 1D chart I've established two Fibonacci retracements: one representing uptrend (green) and the other representing a downtrend (red). At the current moment of this publication, an ascending triangle is beginning to form on the hourly and daily charts. This leads me to believe that the markets haven't had their fill yet and that NVDA is most likely gearing up for another rally. If this breakout does occur, I believe that a price target of $750 is reasonable as this value rests around the 161.8% Fib level. For my second macro projection: a correction to the low $300s, or even mid $200s, is a reality as both of these values rest around or near a 50% or 61.8% Fib retracement level. The market does not appear to feel bearish on NVIDIA and a correction like this would require the current ascending triangle to become invalid which is unlikely without an external catalyst -- which is most definitely in existence. I explain this concept in more detail later in this article; you can find it under "NVIDIA Outsourcing." And finally, for those of us that want to make all the short and medium-term trades in-between, I've attached a copy of my projections within the ascending triangle and attempted to match them to the market's sentiments. This led me to project a double bottom within the current pattern. There is a possible second ascending triangle forming at the moment so I am remaining cognizant of significant support around the $470-480 range in the chance that this causes an invalid double-top (M pattern) and a potentially earlier breakout. About the CEO Jensen Huang is the CEO and President of NVIDIA and has held his title since 1993 when he first co-founded the company. He has a Master of Science in Engineering from Stanford University and, from what I've seen in a couple of his interviews, is very intelligent and self-aware. I'd like to regard him as a more stable version of Elon Musk or Steve Jobs. NVIDIA Outsourcing The impression I received during my research is that a lot of the semiconductor chips used in NVIDIA's A.I. projects are sourced from Taiwan Semiconductor Manufacturing Company (TSMC). As you probably already guessed, TSMC is located in Taiwan. The reason I believe that this can be problematic for the company is because, as of late, China has become more outspokenly aggressive towards Taiwan whom it believes it holds sovereignty over. Should China choose to invade the nation I believe this will result in a choke on NVIDIA's production which -- on top of market reactivity -- will drive the share prices downward. To touch on another geopolitical issue very briefly, Huang has made it clear that they supply China with limited-capacity chips to uphold National Security concerns in regards to artificial intelligence. This could very well serve as a motivator for China to want to gain control of TSMC as it would then obtain an advantage over NVIDIA: "give us fully capable chips or else." This is just my opinion and I came to this conclusion from my own research and from my limited knowledge on human psychology. Second red flag for outsourcing, TSMC requires the use of a specific technology that is only delivered by a Dutch company called Advanced Semiconductor Materials Lithography (ASML). I won't dive into the full details but their technology has yet to be reverse-engineered or produced at the same efficiency. ASML provides TSMC the ability to create an end product for NVIDIA. I think it goes without saying, that if NVIDIA does not figure out how to create an equally efficient manufacturing technology, or at least close to, then if ASML one day decides to stop providing said technology -- a market crash will occur for NVIDIA. Fundamental Analysis Time for the dry stuff. According to NVIDIA's Q3 Earnings Call, the following data is assumed to be true: Current Ratio (current assets/current liabilities) = 3.59 --> a 2% increase since January 29, 2023. Cash On-Hand has increased by 62.85% since January 29, 2023. Total Assets outpaced Total Liabilities with assets increasing by 31.49% while liabilities increased by 9.44% since January 2023. Retained Earnings increased by 100.18% since January 29, 2023. Long-Term Debt decreased by 12.84% since January 29, 2023. Other notes: NVIDIA is presently undergoing several class action lawsuits filed in the United States District Court for Northern District of California, for the District of Delaware, and in the Court of Chancery of the State of Delaware. The lawsuits claim that certain NVIDIA executives made misleading statements related to channel inventory (product in between the manufacturing and reseller inventory stages) and impact of cryptocurrency mining on GPU demand between May 2017 and Nov 2018. There has been significant insider liquidation in 2023. In total, executives from NVIDIA – including Huang – have liquidated upwards of $786.8M in company shares within the calendar year. I would typically consider this a red flag but not a sign for impending declines; securing profits may be the only motivation. NVIDIA’s Board of Directors approved a share repurchase program up to $25.24B. Approximately 800K shares ($366M) were repurchased by the company from October 30 - November 17, 2023. This coincides with a relatively large rally followed by a 10% dip immediately after the Q3 Earnings Call.
NASDAQ:NVDA
by Shepherd_Investor
2
The AI Crypto Boom: Is This the Beginning of a New Era?2023 has witnessed a significant surge in AI-related cryptocurrencies . This boom can be partly attributed to the explosive growth of NVIDIA (NVDA) stock, a leader in the graphics processing unit (GPU) industry, which are used to train AI models. Factors Driving the Growth NVDA's Rise: NVDA's price has been on a tear, forming a bullish manipulative pattern. This bullish trend has inspired investors to have similar expectations for AI-related coins. AMD's Accumulation-Manipulation-Distribution Pattern: AMD is not a competitor of NVDA in this context, but rather an example of a successful "accumulation - manipulation - breakout" pattern. This pattern is characterized by a period of accumulation, where investors slowly buy up a coin, followed by a period of manipulation, where the price is artificially inflated, and finally a breakout, where the price rises sharply due to increased demand. Effect on Other Coins: The bullish trend in NVDA and the successful breakout of AMD's accumulation-manipulation-breakout pattern have led to a surge in AI-related coins such as RNDR, THETA, NEAR, and FET. A Look at Promising Coins: RNDR: Render Network utilizes a decentralized network for 3D graphics and video rendering. The rise of the metaverse could potentially drive demand for RNDR's services. THETA: Theta Labs aims to revolutionize video streaming by providing a decentralized content delivery network. The growth of streaming content could make THETA an attractive investment. NEAR: NEAR Protocol is a smart contract platform focused on scalability and speed. The growth of decentralized applications (dApps) could make NEAR a valuable choice. FET: Fetch.ai is developing a decentralized network for exchanging data and machine learning models. The growth of AI could increase demand for FET's services. Important Considerations: The cryptocurrency market is volatile and unpredictable. It is crucial to conduct your own research before investing in any coin. This article is not financial advice. Only invest what you can afford to lose. Conclusion AI-related cryptocurrencies are experiencing impressive growth. While it is impossible to say for certain whether this is the beginning of a new era, the possibilities of AI in the crypto space are worth considering. However, it is important to conduct thorough research and understand the associated risks before investing.
RLong
by Yaroslav_Krasko
17
A top in $NVDA? I know it is very brave of me to call a top in NASDAQ:NVDA here with all is going on in AI right now. But I can only analyse what the market is telling me right now. And the market is telling me that a top might be in place. And here are 5 reasons why : 1. Fibonacci golden ratio on a weekly timeframe we are almost there. We see how the golden ratio it's splitting the 5 waves impulse up. Even in Wave 5 we have a Fibonacci Golden ratio. This time is 0.618/0.382. They all point out to the same zone. 2. Bearish divergence between the price and MACD- Histogram and MACD lines 3.Kangaroo tail The last bar is a sign of worry for the bulls. 4. Outside upper channel line 5. Quite a gap to the value zone. Which on a daily is between $675-$716. and as bonus reason Steve Weiss just bought NASDAQ:NVDA Of course there are a few reasons for the bulls as well. and NASDAQ:NVDA could go to the Moon. What do you think. Bull or bear here? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
NASDAQ:NVDAShort
by WavesInvesting
13
Nvidia - It Is Finally TimeHello Traders, welcome to today's analysis of Nvidia. -------- 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. -------- 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.
NASDAQ:NVDA
by basictradingtv
10
Bullish Momentum For NVIDIANVIDIA's stock is soaring to new heights, and there's no sign of slowing down! After several attempts, finally broke through a major resistance level at $500 and gearing move make another surge on the upside. With a powerful combination of AI innovations and impressive market performance, this tech giant is taking the world by storm. 🌍💡 In the past week, NASDAQ:NVDA has hit multiple all-time highs, and its options volume is breaking records! The future looks bright for NVIDIA, and we're all aboard this unstoppable train! 🚂💰 Swing Position - 1 ITM Contract NVDA 3/15/2024 Call $530 🏌️‍♂️
NASDAQ:NVDALong
by EgideSimba
3
Riding the Long Trend:Nvidia (NVDA) Analysis on the 6-Hour Chart Title: Riding the Long Trend: Nvidia (NVDA) Analysis on the 6-Hour Chart Analysis: Hello Traders, Nvidia (NVDA) continues its upward trajectory with impressive momentum on the 6-hour chart! Volume indicators suggest strong participation, indicating a continuation of the long trend. NASDAQ:NVDA Volume and Momentum Analysis: Volume trends on the 6-hour chart are robust, reflecting increasing market activity and confidence in NVDA 's price movement. This surge in volume aligns well with the ongoing upward momentum, reinforcing the likelihood of the uptrend persisting. Technical Analysis: The 6-hour chart reveals a clear picture of NVDA 's bullish momentum, with price action consistently favoring upward movement. This sustained uptrend, coupled with robust volume, provides a strong foundation for further price appreciation. Conclusion: With volumes on the 6-hour chart indicating strong support for the ongoing uptrend, traders may consider riding the momentum in NVDA . However, it's essential to remain vigilant and adapt to any changes in market dynamics. Don't Forget to Engage: Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you find this idea compelling! Feel free to share your insights and charts in the comments section below to enrich the discussion and help the idea reach a wider audience. Your engagement is invaluable! Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions. Happy trading!
NASDAQ:NVDALong
by MarxBabu
NVIDIA to keep on this crazy rally?NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15) Price action has formed a bullish ascending triangle formation. There is no clear indication that the upward move is coming to an end. Daily signals for sentiment are at overbought extremes. In our opinion, this stock is overvalued. A break of the recent high at 709.44 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 750.15 and 760.15 Resistance: 709.44 / 720.00 / 740.00 Support: 693.50 / 680.00 / 663.00
NASDAQ:NVDALong
by Signal_Centre1
5
Nvidia - How Long Will It LastHello Traders, welcome to today's analysis of Nvidia. -------- 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. -------- 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.
NASDAQ:AMD
by basictradingtv
9
$NVDA COMPLETE ELLIOT WAVE ANALYSISI have identified all the wave counts visible on the weekly chart, and while they make sense to me, I acknowledge the possibility of errors, given my relatively new exposure to Elliott Wave analysis. It's evident that we are currently within wave B in the overarching wave count. Anticipating an elongated wave B due to various sub waves, my expectation is for wave B to reach the designated green pivot area before completing wave C well below the 2022 low.
NASDAQ:NVDA
by thekidtrader11
Nvidia's Dance with ControversyThe Underground Market for Banned AI Chips in China" Nvidia (NASDAQ: NASDAQ:NVDA ) finds itself at the center of a storm as reports surface regarding the illicit trade of its advanced AI chips in China. Despite a U.S. ban on exporting these chips to the country, Chinese military entities, state-owned AI research centers, and universities have reportedly been actively acquiring batches of Nvidia semiconductors. This raises concerns about the efficacy of U.S. efforts to restrict China's access to critical AI technology and the potential implications for national security. The Chinese Quest for Nvidia's Banned Chips: According to a comprehensive analysis, various Chinese entities, including elite universities like the Harbin Institute of Technology and the University of Electronic Science and Technology of China, have been identified as purchasers of Nvidia's banned A100 and H100 chips. Even chips specifically developed for the Chinese market, the A800 and H800, faced a ban in October. The relentless demand for these chips underscores the challenges faced by the U.S. in cutting off China's access to advanced AI technology, vital for breakthroughs in artificial intelligence and high-end military applications. Regulatory Quandaries: While the U.S. ban prohibits the direct export of these chips to China, the emergence of an underground market reveals a complex web of transactions. Chinese vendors reportedly acquire excess stock or import through companies incorporated in countries like India, Taiwan, and Singapore. Nvidia ( NASDAQ:NVDA ), however, maintains that it complies with export control laws and pledges to take action against customers engaging in unlawful resale. U.S. authorities are equally determined to close loopholes in export restrictions, but experts argue that achieving watertight control over small chips is unrealistic. The Superiority of Nvidia's GPUs in AI: Nvidia's graphics processing units (GPUs) have long been recognized as superior for AI-related activities, efficiently processing vast amounts of data crucial for machine learning. The persistent demand for these banned AI chips in China highlights the absence of satisfactory alternatives for Chinese firms, with local competitors like Huawei expected to lag behind in development. National Security Concerns: The intersection of technology and national security is a critical aspect of this controversy. The involvement of Chinese military entities and institutions with alleged affiliations to military bodies raises questions about the potential dual-use nature of these AI chips. The U.S. government faces the challenge of balancing its commitment to innovation with the imperative to safeguard sensitive technologies that could have military applications. Conclusion: Nvidia's entanglement in the controversy surrounding the underground trade of banned AI chips in China sheds light on the complexities of enforcing export restrictions in the tech industry. As geopolitical tensions continue to shape the landscape, the story of Nvidia's chips serves as a compelling narrative, emphasizing the delicate balance between technological advancement, economic interests, and national security. The evolving situation calls for a nuanced approach from both the U.S. government and technology companies to navigate these challenging waters.
NASDAQ:NVDA
by DEXWireNews
NVIDIA ($NVDA) Future of AI-Enabled DevicesNVIDIA ( NASDAQ:NVDA ) appears to be on an impressive trajectory, bolstered by the recent unveiling of its GeForce RTX 40 SUPER Series GPUs at CES 2024. These graphic processing units, built on the Ada Lovelace architecture, promise a significant leap in AI-powered PC experiences. The GPUs boast remarkable capabilities, with up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS, setting new standards in gaming realism and AI-enhanced experiences. The introduction of these AI-powered chips aligns well with the emerging demand for AI-enabled PCs. Despite recent challenges in the PC market, including declining demand and economic uncertainties, NVIDIA's forward-thinking approach positions it to capitalize on the growing opportunities in the AI PC segment. PC manufacturers like HP Inc. and Dell Technologies are also gearing up to roll out AI PCs, anticipating a recovery in the PC market in 2024. NVIDIA's transformative technology goes beyond gaming, extending across various sectors such as deep learning inference, generative AI applications, and productivity tools like Adobe Photoshop. The RTX 40 SUPER series chips, equipped with specialized AI Tensor Cores, represent a monumental leap in AI capabilities for PCs, promising users transformative AI experiences. The technical analysis further supports the positive outlook for NVIDIA. The stock is in a rising trend channel, indicating positive development and increasing buy interest among investors. The recent breakout through resistance levels and the positive signal from the rectangle formation suggest a potential further rise in stock price. In summary, NVIDIA's strategic focus on cutting-edge AI chips, its readiness to meet the demand for AI-enabled PCs, and the positive technical indicators make it a compelling investment opportunity. The company's commitment to innovation positions it well in the evolving landscape of AI-centric computing, making NVIDIA an attractive choice for investors seeking growth in the technology sector.
NASDAQ:NVDALong
by DEXWireNews
NVIDIA (NVDA) - SELL (WYCKOFF DISTRIBUTION)NVDA looks as though it has entered a distribution phase after reaching the 1.618 fib extension. Awaiting formation of UTAD (with low volume), to confirm the sell entry. Hard to gauge how far price will continue to rise in UTAD formation, so I would enter on the UTAD test, which will make it easier to spot full UTAD formation. Take profit would be around $318 which would have price reaching the 1.618 fib extension. Coincidentally, this would fill the price gap between $318 - $366.
NASDAQ:NVDAShort
by BullBearBlair
11
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.
NASDAQ:NVDALong
by DEXWireNews
NVIDIA (NASDAQ: $NVDA) Poses Positive OutlookKey Takeaway Nvidia, the world’s most valuable chipmaker, has become one of the most prolific investors in artificial intelligence start-ups this year, seeking to capitalise on its position as the dominant provider of AI processors. Silicon Valley-based Nvidia said it had invested in “more than two dozen” companies this year, from big new AI platforms valued in the billions of dollars to smaller start-ups applying AI to industries such as healthcare or energy. According to estimates by Dealroom, which tracks venture capital investments, Nvidia participated in 35 deals in 2023, almost six times more than last year. Technical Analysis NVIDIA shows strong development within a rising trend channel in the medium long term. This indicate that the company experiences positive development and that buy interest among investors is increasing. NASDAQ:NVDA has given a positive signal from the rectangle formation by a break up through the resistance at $468. Further rise to $542 or more is signaled. NASDAQ:NVDA has marginally broken up through resistance at $494. An established break predicts a further rise.
NASDAQ:NVDALong
by DEXWireNews