đToday, I want to analyze NVIDIA stock for you because I think it still has the potential to increase in price, and also, in NVIDIA 's previous rally, AI tokens had a good rise.
đĄThe main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips. The market value of this company crossed the one trillion dollar mark less than a year ago. Nvidia now has a higher market value than the well-known companies Amazon and Google.
đĄNvidia's earnings report that was published exceeded expectations so that Nvidia was able to make $26 billion in profits in the first 3 months of this year, which is really great.
đĄProfitability was 5.3% higher than forecasts, and Nvidia made a profit of $6.12 Earnings per Share(EPS).
đĄNvidia forecasted $28 billion in revenue for the fiscal second quarter, with a margin of error of 2%.
đĄSoon the price of each stock will be divided into 10 units. For each stock of the price break, $0.01 is distributed, which represents 150% growth from the previous period.
đĄ Artificial Intelligence Tokens have not yet shown their progress, but it is better to keep an eye on them.
FETUSDT
_
NEARUSDT
_
RNDRUSDT
_
GRTUSDT
_
TAOUSDT
_
INJUSDT
_
THETAUSDT
--------------------------------------------------------------------------------------------
đNow let's take a look at the NVIDIA chart.
â NVIDIA managed to break the đŽResistance zone($974_$924)đŽ by Breakaway Gap.
đIn terms of Classic Technical Analysis, NVIDIA has managed to form a Bullish Long Island Pattern, and this pattern is one of the continuing patterns and will be a sign of the continuation of NVIDIA's upward trend.
đAccording to the theory of Elliott Waves, NVIDIA is completing the main wave 5 and it is very likely that the main wave 5 will finish in the đĄPotential Reversal Zone(PRZ)($1,305_$1,138)đĄ.
đI expect that NVIDIA will continue to grow at least đâ20%đ more, although minor corrections are also possible.
NVIDIA Analyze (NVDAUSD), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
đĄThe main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips. The market value of this company crossed the one trillion dollar mark less than a year ago. Nvidia now has a higher market value than the well-known companies Amazon and Google.
đĄNvidia's earnings report that was published exceeded expectations so that Nvidia was able to make $26 billion in profits in the first 3 months of this year, which is really great.
đĄProfitability was 5.3% higher than forecasts, and Nvidia made a profit of $6.12 Earnings per Share(EPS).
đĄNvidia forecasted $28 billion in revenue for the fiscal second quarter, with a margin of error of 2%.
đĄSoon the price of each stock will be divided into 10 units. For each stock of the price break, $0.01 is distributed, which represents 150% growth from the previous period.
đĄ Artificial Intelligence Tokens have not yet shown their progress, but it is better to keep an eye on them.
--------------------------------------------------------------------------------------------
đNow let's take a look at the NVIDIA chart.
â NVIDIA managed to break the đŽResistance zone($974_$924)đŽ by Breakaway Gap.
đIn terms of Classic Technical Analysis, NVIDIA has managed to form a Bullish Long Island Pattern, and this pattern is one of the continuing patterns and will be a sign of the continuation of NVIDIA's upward trend.
đAccording to the theory of Elliott Waves, NVIDIA is completing the main wave 5 and it is very likely that the main wave 5 will finish in the đĄPotential Reversal Zone(PRZ)($1,305_$1,138)đĄ.
đI expect that NVIDIA will continue to grow at least đâ20%đ more, although minor corrections are also possible.
NVIDIA Analyze (NVDAUSD), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button đđ & Share it with your friends; thanks, and Trade safe.
Handel aktiv
Kommentera:
As long as NVIDIA doesn't touch $949, ââthe analysis is valid.
Trade stÀngt: mÄlet nÄtt
Kommentera:
I think we have to wait for the correction for NVIDIA. What do you think? Will PRZ work or not?
đReal & Accurcy Free & VIP Signals/Learing Technical Analysisđ t.me/ProTrader_365
đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3
đPlease follow us on Telegram for more analysis.đ t.me/ProTrader_365
đGet a 20% Discount on your trading FEE on Bingx: shorturl.at/cfhE3