Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $142.00 short put and a strike $137.00 long put offers a potential 39.66% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $142.00 by expiration. The full premium credit of $1.42 would be kept by the premium seller. The risk of $3.58 would be incurred if the stock dropped below the $137.00 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 69.32 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
[$$] How the Big Chip Rally Knocked Leaders Off Their Perches
Mon, 05 Jun 2017 04:13:41 +0000
The rally in semiconductor stocks has been surprising for two reasons: It has been longer than expected, and it has changed the pecking order among the biggest chip makers.
NVIDIA Wants to Help the City of the Future Use What It Sees
Sat, 03 Jun 2017 21:00:00 +0000
Here's what NVIDIA is tackling next.
[$$] AI Opens New Doors for Chip Makers, Investors
Sat, 03 Jun 2017 02:50:00 +0000
Artificial intelligence, in its latest incarnation, will be a good thing for chip technology for a long time to come, although first one has to clear a path through the hype. Chip makers such as Nvidia (NVDA), Advanced Micro Devices (AMD), and Intel (INTC) are in the midst of a chip renaissance, driven in part by A.I., the explosive demand of which is just beginning. Pierre Farragu, a technology analyst with A.B. Bernstein, last December called A.I. “artificial stupidity.” Farragu’s point is that what computers do when they do A.I. is “classify” things.
3 Top Computer Stocks to Buy in 2017
Fri, 02 Jun 2017 19:09:00 +0000
Investors looking for a play on computers — as well as their software and hardware — should consider these three companies this year.
Call of the week: BlackBerry could be the next Nvidia
Fri, 02 Jun 2017 17:05:47 +0000
The Yahoo Finance call of the week is a contrarian take on BlackBerry. Forget selling the stock, Citron Research, which is run by Andrew Left, says the stock could almost double in price.
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