Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $205.00 short put and a strike $200.00 long put offers a potential 58.73% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $205.00 by expiration. The full premium credit of $1.85 would be kept by the premium seller. The risk of $3.15 would be incurred if the stock dropped below the $200.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Nvidia is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Nvidia is bullish.
The RSI indicator is at 74.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
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Thu, 07 Nov 2019 23:05:35 +0000
Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger.
Analyst Warns Of Timing Issue With Nvidia's Datacenter Launch, But Remains Bullish
Thu, 07 Nov 2019 17:04:37 +0000
“Importantly, suppliers indicated there were no quarter-end deals, and no push for revenue late in the quarter — historically, suppliers say NVIDIA will typically make quarter-end deals if sales are running below expectations, and the lack of this activity should be taken as an encouraging sign,” Caso and Fairbanks wrote in a note. As a result, Raymond James expects a product launch in the first or second quarter of 2020 instead of the current quarter. At time of publication, Nvidia shares traded up 1.4% at $210.50.
Analysts Estimate Nvidia (NVDA) to Report a Decline in Earnings: What to Look Out for
Thu, 07 Nov 2019 15:30:03 +0000
Nvidia (NVDA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chart Reading For Beginners: Lessons From Nvidia, Netflix, Facebook
Thu, 07 Nov 2019 14:49:12 +0000
With examples from Facebook, Nvidia and Netflix, see how to spot and profit from three common chart patterns: cup with handle, double bottom and flat base.
Nvidia Q3 Earnings Preview: Buy Surging NVDA Stock Amid Chip Comeback?
Wed, 06 Nov 2019 22:58:10 +0000
Nvidia stock is up 35% in the past three months as Wall Street continues to jump back in the previously high-flying chip stock. So is now the time for investors to buy Nvidia stock?
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