Nvidia's most recent trend suggests a bullish bias. One trading opportunity on Nvidia is a Bull Put Spread using a strike $195.00 short put and a strike $190.00 long put offers a potential 63.93% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $195.00 by expiration. The full premium credit of $1.95 would be kept by the premium seller. The risk of $3.05 would be incurred if the stock dropped below the $190.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Nvidia
AMD earnings: New products and crypto-related sales are key to quarter
Wed, 25 Oct 2017 07:30:39 +0000
Advanced Micro Devices Inc. investors will be looking for how the chipmaker’s new product rollouts are faring are for more indications of how demand for cryptocurrency mining cards are driving sales.
Intel earnings: Can Intel protect the present while planning for the future?
Wed, 25 Oct 2017 07:25:41 +0000
Intel Corp. is still fending off concerns about competition in areas it has long dominated, while hoping to avoid getting left behind in a future driven by artificial intelligence.
Apple Has A New Buy Point; AMD's 2 Painful Lessons: S&P 500 Futures
Wed, 25 Oct 2017 04:41:26 +0000
Apple has formed a handle, creating a new, lower buy point. Advanced Micro Devices' post-earnings plunge late Tuesday teaches two key lessons. Wait for a proper buy point, and focus on industry leaders.
AMD's Guidance Wasn't Terrible, but Is a Sign of Stiff Competition
Wed, 25 Oct 2017 01:03:00 +0000
Shares are selling off after AMD provided an outlook that beat consensus estimates, but fell short of the high hopes bulls have for new product launches.
AMD Shares Plunge 12% on Concerns About Future Sales
Tue, 24 Oct 2017 23:25:16 +0000
Investors want even faster growth.
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