Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $145.00 short put and a strike $135.00 long put offers a potential 36.99% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $145.00 by expiration. The full premium credit of $2.70 would be kept by the premium seller. The risk of $7.30 would be incurred if the stock dropped below the $135.00 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 up which suggests that the medium-term momentum for Nvidia is bullish.
The RSI indicator is at 68.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Jim Cramer: Another Rotation Out of Apple and Nvidia Is in the Cards
Fri, 16 Jun 2017 03:10:00 +0000
We forget that a big hedge fund or mutual fund switching out of tech winners into everything else can roil the market.
Fujitsu to provide Kyushu University with new supercomputer for AI
Thu, 15 Jun 2017 23:13:00 +0000
Japan's Kyushu University will be using its new supercomputer system to ramp up research in areas such as artificial intelligence.
Cramer: Here's the Key to This Market
Thu, 15 Jun 2017 23:01:00 +0000
Brokerage goes negative on Nvidia, but that won't hurt a thing.
Cramer: The Rotation Out of Apple and Nvidia Can Happen Again Today
Thu, 15 Jun 2017 23:01:00 +0000
We forget that a big hedge fund or mutual fund switching out of tech winners into everything else can roil the market.
Factors That Could Drive NVIDIA’s Gross Margin in Fiscal 2018
Thu, 15 Jun 2017 22:05:55 +0000
NVIDIA’s non-GAAP gross margin improved from 57.5% in fiscal 1Q17 to 59.6% in fiscal 1Q18.
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