Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $252.50 short put and a strike $247.50 long put offers a potential 35.14% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $252.50 by expiration. The full premium credit of $1.30 would be kept by the premium seller. The risk of $3.70 would be incurred if the stock dropped below the $247.50 long put 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 53.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Dow Jones Futures: After Strong Market Rally, Tesla Leaps On Q1 Deliveries; Two Leaders Eye New Buy Points
Fri, 03 Apr 2020 02:55:57 +0000
Thursday's market rally defied soaring jobless claims and coronavirus cases. Tesla leapt as Q1 deliveries beat lowered views. Dexcom and Nvidia have brand-new bases.
Bullish Market Signals
Thu, 02 Apr 2020 17:43:05 +0000
We may come out of this event-driven recession stronger than ever, and the roaring 20s will commence
Cloud companies appear to be silver lining as coronavirus dampens IT spending
Thu, 02 Apr 2020 16:22:00 +0000
COVID-19 is already beginning to weigh on corporate IT security budgets, but as millions work from home, one survey is finding a spending shift to cloud providers and security and away from PCs and servers.
The Zacks Analyst Blog Highlights: Regeneron, Netflix, Clorox, NVIDIA and SBA
Thu, 02 Apr 2020 16:19:04 +0000
The Zacks Analyst Blog Highlights: Regeneron, Netflix, Clorox, NVIDIA and SBA
Dow Jones Futures: Keep Your Distance From This Coronavirus Bear Market; Study These Charts
Thu, 02 Apr 2020 12:08:49 +0000
Futures: As the latest sell-off shows, use social distancing from stocks during the coronavirus bear market. Zoom Video and Shopify fell overnight. Study Apple, Amazon and Dexcom.
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