Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $99.50 short call and a strike $105.00 long call offers a potential 29.41% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $99.50 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $105.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Nvidia is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Nvidia is bearish.
The RSI indicator is at 33.01 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Nvidia
Cramer's lightning round: Playing a head-and-shoulders pattern on Nvidia
Thu, 09 Mar 2017 00:39:20 GMT
Cramer Remix: Don’t abandon oil stocks—do this instead
Thu, 09 Mar 2017 00:31:35 GMT
IBM Rated Buy On ‘Upside Potential,' Artificial Intelligence Move
Wed, 08 Mar 2017 21:16:58 GMT
3 Winners From the Nintendo Switch Teardown
Wed, 08 Mar 2017 18:00:00 GMT
Rebound Fizzles Out Despite Jobs Report; Nvidia Rally Continues
Wed, 08 Mar 2017 16:57:13 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook