Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $540.00 short put and a strike $535.00 long put offers a potential 61.29% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $540.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $3.10 would be incurred if the stock dropped below the $535.00 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 52.74 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
Breakout Stocks To Watch: Apple Stock Eyes Alternative Buy Point
Mon, 07 Dec 2020 21:10:50 +0000
As it nears an alternative buy point, Apple stock joins fellow tech stocks to watch Microsfot, Nvidia and PayPal on IBD Leaderboard.
The Zacks Analyst Blog Highlights: Zoom Video, Target, The Trade Desk, Taiwan Semiconductor Manufacturing Company and NVIDIA
Mon, 07 Dec 2020 17:08:05 +0000
The Zacks Analyst Blog Highlights: Zoom Video, Target, The Trade Desk, Taiwan Semiconductor Manufacturing Company and NVIDIA
Our Company of the Year is a good investment, even a year later
Mon, 07 Dec 2020 14:37:20 +0000
The stock price of our Company of the Year winners has risen by an average of 21% the year after we named them.
5 Solid Stocks to Tap a Booming Semiconductor Market
Mon, 07 Dec 2020 12:57:12 +0000
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3 Stocks Profiting From Unstoppable Trends That Could Make You Rich
Mon, 07 Dec 2020 11:14:00 +0000
Making money by investing in stocks isn't all that complicated. Second, find the leading companies linked to those trends. Here are three stocks profiting from unstoppable trends that could make you rich.
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