Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $235.00 short put and a strike $230.00 long put offers a potential 56.25% 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 $235.00 by expiration. The full premium credit of $1.80 would be kept by the premium seller. The risk of $3.20 would be incurred if the stock dropped below the $230.00 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 79.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Nvidia
Nvidia Gains Benchmark Target of $275; Can Stock Go Higher?
Thu, 02 Jan 2020 22:23:00 +0000
The graphics-chip giant has been on a tear, and Benchmark analysts think there's even more upside. Let's check the charts for some guidance.
NVIDIA Announces Upcoming Event for Financial Community
Thu, 02 Jan 2020 22:11:48 +0000
SANTA CLARA, Calif., Jan. 02, 2020 — NVIDIA will present at the following event for the financial community: J.P. Morgan Healthcare Conference Thursday, Jan. 16, at 8 a.m..
Top-Ranked ETFs, Stocks From Top Sector of the Last Decade
Thu, 02 Jan 2020 15:00:03 +0000
Amid a plethora of challenges, Wall Street was on a spectacular run over the last decade, rising from the depths of the financial crisis and Great Recession.
4 Chip Stocks to Gain From China's Reliance on US Tech
Thu, 02 Jan 2020 14:27:02 +0000
China's dependency on American technology, especially in the arena of semiconductors, is set to be a major tailwind for the industry this year.
Nvidia Is Poised to Rise in Weeks Ahead
Thu, 02 Jan 2020 13:29:00 +0000
Nvidia Corp. , which was mentioned in Jim Cramer's column Thursday, has been climbing since early June and the advance is still going strong. In this daily bar chart of NVDA, below, we can see that prices have been moving higher since the beginning of June with only one shake out or correction in August. The trend-following Moving Average Convergence Divergence (MACD) oscillator has been above the zero-line since the middle of August and helps to confirm the rally's strength.
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