Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $255.00 short put and a strike $245.00 long put offers a potential 60% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $255.00 by expiration. The full premium credit of $3.75 would be kept by the premium seller. The risk of $6.25 would be incurred if the stock dropped below the $245.00 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 62.05 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
Stocks Today: Small Caps Pace Solid Up Session; Walgreens Leads Dow
Tue, 14 Aug 2018 20:12:48 +0000
U.S. stocks today ended solidly higher as the financial crisis in Turkey moved the back burner, at least for a day. IShares MSCI Turkey jumped 11% after two days of sharp losses.
5 Top Trades for Wednesday — Buy Earnings Dips in Huya, Home Depot?
Tue, 14 Aug 2018 20:07:20 +0000
What does that do for our top trades? After a heroic run from $12 to $50, Huya (NYSE:HUYA) has had trouble gaining traction to the upside. Support gave way though, as HUYA fell 15% Tuesday after the company reported earnings.
Warren Buffett Stocks: Screen Stocks Based On The Warren Buffett Investment Strategy
Tue, 14 Aug 2018 20:06:30 +0000
See who joins Adobe, Alarm.com and Five Below on this stock screen based on the investing strategy of Berkshire Hathaway CEO Warren Buffett.
Should You Buy Nvidia (NVDA) Stock Ahead of Earnings?
Tue, 14 Aug 2018 20:06:08 +0000
Nvidia (NVDA) saw its stock price surge over 1.7% Tuesday after the chipmaker officially unveiled its much-anticipated, eighth-generation GPU architecture. Nvidia's new Turing line of graphics chips is the company's “most important innovation in computer graphics in more than a decade,” according to CEO Jensen Huang. But the Turing GPUs won't help NVDA's Q2 financial results, so let's see if the stock is still worth buying ahead of Thursday's earnings release.
Nvidia's New Graphics Chip Architecture Shows It's Thinking Long-Term
Tue, 14 Aug 2018 19:47:00 +0000
is taking the long view with its new Turing GPU architecture. Some of the key hardware innovations that Nvidia is packing within Turing, which was officially unveiled on Monday at the SIGGRAPH industry conference, will do little or nothing to boost the performance of existing games. In addition to traditional streaming multiprocessors (SMs), Turing — like Nvidia's Volta architecture, which powers some of the server and workstation GPUs it has launched since mid-2017 — supports Tensor Cores, a type of processor core optimized for AI/deep learning tasks.
Related Posts
Also on Market Tamer…
Follow Us on Facebook