NVIDIA (NVDA) Strong up trend - LONG/SHORT POSITION THR 10TH

โดย knoxshares
ที่อัปเดต:
Sector: Technology
Industry: Semiconductor - Specialized

BASIC INFO:

NVIDIA Corporation operates as a visual computing company.

It operates in two segments, GPU and Tegra Processor.

The GPU segment offers processors, which include GeForce for PC gaming; GeForce NOW for cloud-based game-streaming service; Quadro for design professionals working in computer-aided design, video editing, special effects, and other creative applications; Tesla for deep learning, accelerated computing, and general purpose computing; and GRID for cloud-based visual computing users.

The Tegra Processor segment provides processors that integrate a computer onto a single chip under the Tegra brand name; DRIVE automotive computers, which offer self-driving capabilities; and tablet and portable devices for mobile gaming and TV streaming under the SHIELD name. The companies products are used in gaming, professional visualisation, datacenter, and automotive markets.

It sells its products primarily to original equipment manufacturers, original device manufacturers, system builders, motherboard manufacturers, add-in board manufacturers, and retailers/distributors.

NVIDIA's outlook
Investors could hardly be more optimistic headed into NVIDIA's second-quarter earnings results on Thursday. The stock is the single-best performer on the S&P 500 over the past year, up almost 200% in 52 weeks.

NVIDIA Revenue looks on track with a steady increase, Earning per share are rising as well as dividends. Earning growth still above the industries average with the last few estimates exceeded by the actual report. 5 year forecast sits at 10.3% and were seeing a PEG ratio of 5.2

NASDAQ Guru Rating

P/E Growth Investor Peter Lynch
NVDA gets a 56% rating based on Peter Lynch's methodology.

Value Investor Benjamin Graham
NVDA gets a 43% rating based on Benjamin Graham's methodology.

Momentum Strategy Investor Validea
NVDA gets a 89% rating based on Validea Momentum methodology..

Growth/Value Investor James O'Shaughnessy
NVDA gets a 60% rating based on James O'Shaughnessy's methodology.

Small Cap Growth Investor Motley Fool
NVDA gets a 61% rating based on Motley Fool's methodology.

Contrarian Investor David Dreman
NVDA gets a 50% rating based on David Dreman's methodology.

Growth/Value Investor Martin Zweig
NVDA gets a 62% rating based on Martin Zweig's methodology.

Price/Sales Investor Kenneth Fisher
NVDA gets a 40% rating based on Kenneth Fisher's
http://www.nasdaq.com/symbol/nvda/guru-analysis

Ok after all that.

NVDA seem to look good on the surface, theres lot of positive media report and the fundamentals look good, This could be a good sign or a bad one. Earning reports come out on the Thursday the 10th with an estimate of 0.69, if the release is positive we should see the price jump high with a possible entry for a long position if the end of day price stays above 171 after resistance is broken.

However , if we se a negative result we would expect the pice bounce off resistance and brake the trend opening us up for a short position.

So

LONG POSITION wait till Thursday and if price brakes 171 go for a long position with stops around the 157 mark and ride the trend up adding to positions every time price rebounds off bottom trend line. Close positions after bottom trend line has been broken.

SHORT POSITION wait till Thursday if price brakes 157 go short with stops around 170 and a target of 138.
การซื้อขายยังคงดำเนินอยู่
Let's see if it closes over 171
การซื้อขายยังคงดำเนินอยู่
This still in play not trigger yet candle closed below line, looking for tomorrows candle, still time for it to bounce down. but looking good so far
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knoxshares

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