Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $160.00 short call and a strike $165.00 long call offers a potential 27.23% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $3.93 would be incurred if the stock rose above the $165.00 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 64.51 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
Cudo Miner brings easy Grin crypto mining to the masses with its latest GUI miner
Sat, 02 Mar 2019 10:00:18 +0000
London, 28th February 2019 – Cudo Miner, the crypto mining software application, today released the latest version of its graphical user interface (GUI) miner with added support for Grin, the private and lightweight implementation of the Mimblewimble blockchain. Users will be able to mine Grin through Cudo’s powerful and simple to use Cudo Miner software. Grin’s dual PoW (Proof of Work) system presents miners with a choice to mine the GPU-oriented Cuckaroo29, or the ASIC-oriented Cuckatoo31, which can also be mined with high-end GPUs. From today, anyone with a suitable NVIDIA GPU can download Cudo Miner and start mining Grin on Windows or Linux immediately, with no manual configuration. Furthermore, Cudo Miner is the first software of its kind to The post Cudo Miner brings easy Grin crypto mining to the masses with its latest GUI miner appeared first on Coin Rivet.
NVIDIA’s Gaming Revenue Declines May Be Temporary
Fri, 01 Mar 2019 21:50:02 +0000
NVIDIA Expects Weak Demand in Gaming and Data Center Segments(Continued from Prior Part)NVIDIA’s gaming segment Previously, we saw that NVIDIA’s (NVDA) revenue declined due to weakness in the Gaming and Data Center segments. The company earns
Intel and 2 Other Stock Picks From a Tech Analyst
Fri, 01 Mar 2019 20:58:00 +0000
Pierre Ferragu of New Street Research is excited by new technology, but not as an investment. Stick with the semiconductor equipment makers, he says—they are evolving to fuel the entire industry.
Will NVIDIA’s GPU Revenue Decline in Fiscal 2020?
Fri, 01 Mar 2019 20:19:28 +0000
NVIDIA Expects Weak Demand in Gaming and Data Center SegmentsNVIDIA’s product revenue NVIDIA (NVDA) has been in a downtrend since October 2018 when the end of crypto-related sales piled up GPU (graphics processing unit) inventory in the channel.
Did Elon Musk Overhype Tesla’s Lower-Priced Model 3 Launch?
Fri, 01 Mar 2019 16:45:50 +0000
Did Elon Musk Overhype Tesla’s Lower-Priced Model 3 Launch?Tesla Yesterday, broader markets were trading on a negative note, with the S&P 500 and NASDAQ Composite falling 0.3% each. In contrast, Tesla (TSLA) stock rose, by 1.6%, primarily
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