NVIDIA Corporation (NVDA) Quote

You indicated that it would likely trade between a range of $822-$854 for 2-4 months.

I respectfully disagreed with that and it has already broken free from that range. I see earnings at the end of May as a possible cataylst, which could also provide a spike in price.

However, you did state that it could breakout from that range if there was a catalyical event, which I haven't seen this week and it still rose significantly. There is run of the mill news on a daily basis, but nothing I would categorize as a major catalyst that occurred.

Analysts make predictions all of the time. Most have been way off with this stock. They predict a price the stock should attain in the next 12 months, only to be eclipsed in a few days or a week or so.

So hopefully you can understand my trepidations about relying too much on professional opinions, as most have been way off with this stock.

I have my own factors that I weigh when analyzing where a stock will be.

Not sure who you are responding to, since you responded to yourself.

You seem to cherry pick my statements. I was very complimentary of your wisdom, skills and experience charting, but you seem to disregard that.

However, I am entitled to my own opinion on the success of charting. As you keep saying it doesn't predict but gives probabilities. In my opinion, charting doesnt work well when applied to penny stocks, thinly traded stocks, or explosive stocks like NVDA, like you said, a hot sector right now.

Those are my opinions and no need for everyone to march in lockstep here as there are many different perspectives. Since it is my $$ I am investing, I trade and invest based off of my own opinions, research and beilefs (which may include charting when I believe it is applicable), and have done quite well.

I do think charting is helpful and appreciate your contributions here. Your explanations are thorough and based on facts, which I also appreciate.

I wasn't poking fun at you since the stock headed in a different direction, than the probabilities you laid out last week. As you stated, it could still come back down. There is a lot of volatility and many factors at play that could easily affect the direction this goes.

I do however question this statement in your post: As such, the bulls have now put themselves in a situation where they are "committed" to making a new all-time high above $974.

Having said all of that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around."

Your statement seems to be in conflict with what you stated.

Don't get ruffled by what folks say here. You are/were a professional in the field and most of us here are amateurs, with varying skill levels and different abilities.

Good luck to you.

Nvda share price DOUBLE TOP BREAKOUT today, on 26-April-2024 GLTA

PS: The signal came late in the trading session today.

Sigh. you truly do not understand and this is the last time I explain this to you. Reading of charts is not about "what is going to happen" but about the probabilities of it happening. Simply stated, it gives you a "view" of what is likely to happen but not a guarantee that it will.

In addition and something I did mention prior, NVDA is by nature of what it does (hot AI industry), a high probability of being the exception (rather than the rule).

Having said that, though NVDA got above the $855 level I mentioned (closed at $877) and did not close the gap below, that has NOT changed the outlook (in a convincing way) for that gap to be filled. In fact, in some ways it has actually increased the chances of that gap being filled.

Let me explain, If the gap below would have been filled, there would be no magnet left for the chart traders to shoot for, meaning that once the gap is filled, the bulls could come back in and buy with confidence.

As a general rule, when a top is made and no negative fundamental change has occurred, that top is generally tested before the selling comes in stronger. If the stock goes above this week's high at 883.31, the bulls will be "committed" to making a new high because if they fail and the stock thereafter goes back down, the retest of the high will be successful and the selling will become even stronger. As such, the bulls have now put themselves in a situation where they are "committed" to making a new all-time high above $974.

Having said all of that, I don't have a doubt that they will fail to do so, given that the industry and the company itself are the hottest thing around.

What I do, even under this situation where the evaluation I gave is evidently wrong, is supply the chart points that are important and that information is always valuable. With the stock having "not done" what the charts suggested, it does mean that if you are a bull, you are now in a position of buying more next week (on a dip), knowing that 1) the probabilities favor the stock going above this week's high and they do favor the stock making a new high. By the same token, it also gives you the knowledge that the bulls are now in a "sink or swim" scenario where they have to make a new high of they will have failed.

Information is knowledge.

Last time that I respond to one of your posts. Evidently, you are a critic and not searching for knowledge can can better your trading understanding.

Jim Lebenthal, chief equity strategist at Cerity Partners, buys more Nvidia

T/A? I'm a little slow on the uptake today?

That is right. I feel better seeing the improvement in our interest in this area.

You come across as one who is good interpreting posts. You do a good job with me.

May be you should get into T/A as well ?

~bought 5/3 $1100 calls @.29c

JJ8, today you sound more like a bullish bear, than last weeks bearish bull.

The charts are a nice tool, but never really capture the entire story, when dealing with an explosive powerhouse like this.

It proves that no matter how long one happens to be practicing T/A as a professional, still attempting to read the future from charts can be limited and still unknown.

The future has its own mind... and treats all equally. Just like the Sun shines on everybody regardless of who they are. Cheers and happy weekend.

oops.....

For the record I dont really like they idea of robots. Instead I intend to use OOBuck spray if I see them.
Go NVDA! But NVD* (2Xinverse)

Me too! That is coming, I think, sooner than just the talk for a long time. I have read Kurzweil some time ago and have had many friendly hot arguments in the larger family... about the pros and cons, etc.

In his groundbreaking book "The Singularity Is Near," published in 2005, Kurzweil made two astonishing predictions: first, that by 2029, AI will surpass human intelligence and master the Turing test, and second, that by 2045, humans will merge with the AI they've created, a phenomenon he terms ''The Singularity".

There will be many robots doing routine work in large numbers. Unemployment will increase and people will have more free time to pursue what they prefer to do with their time. Interesting and exciting times.

PS: The jobs for maintenance of Robots will increase, lol.

Holy Cow, we are getting rich man. LOL

Could we see a 900 close ? And watch for the 2 o’clock dump possibly.

Man, cant wait to get a couple of robots.
They can do all the stuff I dont want to.
Crazy world we are-
GL

I agree expecting very positive response as a long I see nothing but long runway

NVIDIA/Tesla Leak HUGE Partnership on Humanoid Robots.

NVDA- hurry, everyone’s doing it!
Great report’s, love it.
Good luck team!

Morgan Stanley Is Doubling Down on Nvidia (NVDA) Stock
Wall Street remains as bullish on Nvidia as ever

45m ago · By Samuel O'Brient, InvestorPlace Reporter
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Nvidia (NVDA) is rising today on the news that Morgan Stanley (MS) has upped its bet on NVDA stock.
The investment bank sees big things ahead for the artificial intelligence (AI) leader.
NVDA stock is likely to keep rising as Wall Street enthusiasm continues to spread.
Elon Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In.
NVDA stock - Morgan Stanley Is Doubling Down on Nvidia (NVDA) Stock
Source: Piotr Swat / Shutterstock.com
Wall Street’s enthusiasm for Nvidia (NASDAQ:NVDA) isn’t slowing down. The vast majority of analysts currently rate it as a “buy” and maintain bullish price targets. But one prominent financial institution just increased its bet on the artificial intelligence (AI) leader, seizing on the opportunity to acquire NVDA stock on a recent dip. Morgan Stanley (NYSE:MS) has staked an even bigger bet on the AI breakout sensation, which it currently maintains an “overweight” rating and $1,000 price target.

This week most of the loss in my Port due the recent geopolitical turmoil (Israel/Iran confrontation) was recovered.

I believe more exposure will bring more attention to the stock, and therefore, more investors. I don't think it will create a wave of shorts.

Just like Intel having no effect on the share price here.

This should ramp up nicely toward earnings, and then another blowout earnings and it should get to the next level.

What do you think Nvidia SP will do next week after 60 minutes. 60 minutes is pretty popular and there are a lot of people that don’t know Nvidia. Should be interesting

*holding anything

The trick is to add at the right times.
$5.07 has been my largest add today. I start with a couple of ‘lots then add each 3.5% drip but as it recedes quickly my lots increase. (Kind of like doubling down)
The trick is the average down is more compounding the mix right.

I do this on BoIL/KOLD/PSQ and today INTC again.
It works very nicely for momentum traders but most certainly dont recommend ling in anything.

Or in the past few days NVD (inverse ticker) is losing twice as much. You guys are playing with fire, trading that.

It is a useful tool after a big run up and profits are taken, or if there is a disruption to the markets and everything is tipping over.

Otherwise, it is fraught with risk.

Nvda share price DOUBLE TOP BREAKOUT today on 26-April-2024. Dailies first session in Uptrend.

Looking forward for Weekly to confirm the Uptrend.

We shall see. GLTA

Timber from here !!

$NVDA Bulls are still making themselves known
By: Cheddar Flow | April 26, 2024

• $NVDA Bulls are still making themselves known



Read Full Story »»»

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Article about auto business that will someday become major contributor

Chinese EV maker Xpeng says partnership with Nvidia unaffected by US trade sanctions
Xpeng said local solutions for car chips have emerged despite not being as advanced as imports, but it would keep its options open with domestic suppliers
As of June last year, Nvidia – which is not allowed to ship its advanced AI chips to China – had about a 52 per cent share of the global navigate-on-autopilot market
Thursday, 25 April 2024, 10:00:PM
Chinese electric vehicle (EV) start-up Xpeng said its partnership with Nvidia has not been affected by tighter US trade sanctions, but it will keep its options open with local suppliers.
“We’re very happy with our collaboration with Nvidia and other silicon partners,” Brian Gu Hong-di, vice-chairman and president of Xpeng Motors, said during a press conference on Thursday on the sidelines of the 2024 Beijing Auto Show.
Gu said local solutions for car chips have emerged despite not being as advanced as imports, adding that Xpeng is keeping its options open with domestic suppliers.
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Electric & new energy vehicles
Although Nvidia’s autonomous driving chips are the predominant hardware for supporting assist-driving and more advanced self-driving capabilities developed by carmakers in China, mainland suppliers are quickly catching up amid the country’s drive for self-reliance in semiconductors, especially given that most auto chips do not require cutting-edge manufacturing technologies.
Nissan CEO to respond to EV rivalry in China with bigger line-up, output targets
As of June last year, Nvidia – which is not allowed to ship its advanced AI chips to China due to US trade sanctions – had about a 52 per cent share of the global navigate-on-autopilot market, signing cooperation agreements with 25 automotive original equipment makers globally, according to data from Gasgoo Institute, a Shanghai-based research company.
Nio’s flagship ET5 and ES7 sedans, Li Auto’s L9 model and Xpeng’s G9 all come equipped with Nvidia’s Orin chips. Auto chips are seen by Washington as a less sensitive area of the semiconductor market when it comes to setting trade sanctions.
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Credible news is more vital than ever. Your support helps us protect quality journalism.
Xpeng’s Gu also said that the firm’s smart-driving capabilities for more complex urban traffic environments outshone its competitors. He said the gap between Xpeng and its competitors in city smart driving is “widening”.
“This year, obviously, we want to leverage AI, leveraging large [language] models,” said Gu.
Xpeng has 2,000 engineers working on autonomous driving technologies, ranging from software and architecture to data optimisation, and 3,000 people employed in generative AI.
It will invest 3.5 billion yuan (US$483 million) this year to develop generative AI technologies, which are sweeping every industry from autos and corporate services to consumer electronics.
In 2022, China sold about 7 million smart passenger vehicles equipped with assisted autonomous driving systems, which translates into a market penetration rate of 35 per cent.
In the first half of 2023, that figure rose to almost 43 per cent, according to data from China’s Ministry of Industry and Information Technology.
Autonomous driving companies have been struggling to eke out a profit in China due to heavy costs and low revenue from maintaining large robotaxi fleets.
Baidu, which operates a robotaxi fleet in several cities, said its self-driving unit will focus on generating revenue and profits after burning cash for years.
Smaller players such as WeRide and Pony AI have joined bigger carmakers to monetise software services as they continue to operate driverless robotaxis at a loss.
Xpeng’s Gu paints a realistic outlook, saying it will take longer than five years before robotaxis become a “real commercial operation”.

Excerpts from Googles earnings transcript
CEO

“We offer an industry-leading portfolio of NVIDIA GPUs along with our TPUs. This includes TPU v5p, which is now generally available, and NVIDIA's latest generation of Blackwell GPUs.”

That was the only mention I saw but I didn’t read it just scanned for Nvidia

There has been some volatility, but the last two days have been good for NVDA. It appears that the stock is regaining it's momentum and upward trajectory.

I use this site .very simple to use

Your site needs to be like theirs imo

https://www.americanbulls.com/SignalPage.aspx?lang=en&Ticker=LWLG

NVDA holding gains in extended for now.
Good trade in extended. Moving back up. INTC*
I’m pretty sure my NVD* position will yield before mid morning.

The share prices of Amazon, Alphabet, Invidia are rising in AH. Intel? It seems a full breakdown as of now. May be time to buy?

Tomorrow should be an interesting session.

We shall see. GLTA

Nvidia I Sunday on 60 Minutes

I don't think it will have any significant effect on NVDA.

Today was another rough day for the inverse ticker and it looks like more rough days ahead.

The fears from last week have subsided and this is going higher.

No

NVDA investors, Anyone think Intel report will send shares spiraling?

Cool
If you or anyone is offended in any way by me, forgive.
My preference is not to like publicly held and manipulated companies.
I retired from a Huge telecom and as a senior executive for my last 15 years there. I found so much fraud and corruption that I even reported it.
(Mostly big business customers that subscribe to wireless and Fleet management services). Business customers have been ripped off for a many years.

Good trading to all.

















managementcustomers.

Everyone has different plays here. The board is not reserved only for longs. Thst may be your perspective. There are shorts here as well. Some trade and others invest. Perhaps a long sees something that a short posts and saves some losses, or vice versa.

I don’t dislike you or anyone it just seems always negative towards Nvidia and it just seems why post to board if you don’t like the stock. Maybe that isn’t what you mean I guess this board is more geared towards trading and I have owned Nvidia since 2019 and really not interested in daily movement unless the fundamentals of the company changes then I’m interested. It sounds like you guys have your own thing going so who am I to say. I enjoy the articles that get posted (some I haven’t already seen) it doesn’t seem like any conversation about them to each their own. Not trying to offend good luck to all

$5.61 NVD loading!

Just for the day brother.
Please remember that I hate holding anything more than hours. It happens sometimes still but I try to keep cash available for big hits. (Svix, vz, T, BOIL, etc)

Was cowboy guy ridiculing me? I thought he and I were good but…
Anyway, if I am the “old” guy, thanks.
I never mean harm to anyone, and want all to do well.
iHub has so many haters, I just pray.
GL
Thanks

NVD is down 6% at $5.68? That doesnt seem like a good start.

The inverse ticker is good after a big spike and it bleeds off a little, for profit taking. Otherwise, it will be risky as this continues to creep up, as earnings approaches, new partnerships announced and new tech is released.

NVD $5.68 is a good start.

It may not make sense to you at this time. However, he is an old trader, and has wisdom and experience on his side.

There is always something to be learned and there is truth to what he is saying. The timing of his predictions may be off a bit. But that is why we each place our bets and hope that the timing of these events is favorable to our position.

Good luck to you!

Why do you guys even post to him nothing he says makes sense I wouldn’t waste even waste your time