Nvidia's most recent trend suggests a bearish bias. One trading opportunity on Nvidia is a Bear Call Spread using a strike $177.50 short call and a strike $182.50 long call offers a potential 53.85% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $177.50 by expiration. The full premium credit of $1.75 would be kept by the premium seller. The risk of $3.25 would be incurred if the stock rose above the $182.50 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 33.12 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
Charts Look Positive for Robotics and AI Stocks
Wed, 02 Oct 2019 17:17:48 +0000
Bullish chart patterns suggest that the robotics and artificial intelligence sector is worth watching in the coming weeks and months.
The (alleged) plot against Ethereum
Wed, 02 Oct 2019 13:45:50 +0000
Accusers say NVIDIA is plotting to monopolize the Ethereum network. Is there a shred of evidence?
US Markets Decline on Soft Macro Data Tuesday
Tue, 01 Oct 2019 21:07:01 +0000
McCormick & Co. jumps on strong outlook Continue reading…
The Zacks Analyst Blog Highlights: Visa, Procter & Gamble, Coca-Cola, Wells Fargo & Company and NVIDIA
Tue, 01 Oct 2019 13:41:01 +0000
The Zacks Analyst Blog Highlights: Visa, Procter & Gamble, Coca-Cola, Wells Fargo & Company and NVIDIA
September Not As Tough As Feared
Tue, 01 Oct 2019 13:15:01 +0000
September Not As Tough As Feared
Related Posts
Also on Market Tamer…
Follow Us on Facebook