Nvidia Stock: Investors Are Buying the Dip. Where From Here?

TheStreet2022-05-27

After the market on May 25 finished strongly, all eyes shifted to Nvidia as investors looked for one of the market’s top tech firms to give stocks another lift.When the company reported earnings after...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

KH321
2022-05-29
KH321
OK
3nn
2022-05-28
3nn
Like pls thx
ASMH
2022-05-28
ASMH
Like
andrew123
2022-05-28
andrew123
Like
ramius75
2022-05-28
ramius75
🤷‍♂️
YJ Lee
2022-05-28
YJ Lee
Ok

Leave a comment

647

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131742262?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-05-27 20:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131742262","market":"us","top_or_hot":-1,"title":"Nvidia Stock: Investors Are Buying the Dip. Where From Here?","media":"TheStreet","content":"<div>\n<p>After the market on May 25 finished strongly, all eyes shifted to Nvidia as investors looked for one of the market’s top tech firms to give stocks another lift.When the company reported earnings after...</p>\n\n<a href=\"https://www.thestreet.com/investing/nvidia-investors-buying-dip-how-to-trade-technical-analysis-may-2022\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nvidia Stock: Investors Are Buying the Dip. Where From Here?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNvidia Stock: Investors Are Buying the Dip. Where From Here?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-27 20:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/nvidia-investors-buying-dip-how-to-trade-technical-analysis-may-2022><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After the market on May 25 finished strongly, all eyes shifted to Nvidia as investors looked for one of the market’s top tech firms to give stocks another lift.When the company reported earnings after...</p>\n\n<a href=\"https://www.thestreet.com/investing/nvidia-investors-buying-dip-how-to-trade-technical-analysis-may-2022\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVDA","symbol_name":"英伟达","start_time":0,"source_url":"https://www.thestreet.com/investing/nvidia-investors-buying-dip-how-to-trade-technical-analysis-may-2022","article_id":"1131742262","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131742262","pubTimestamp":1653655854,"sourceInfo":null,"weMediaInfo":null,"summary":"Nvidia stock is being bought on the dip. Here's how traders should approach it now.","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVDA":"英伟达"},"translate_title":"英伟达股票：投资者正在买入下跌。从这里到哪里？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":0.9},"content_text":"After the market on May 25 finished strongly, all eyes shifted to Nvidia as investors looked for one of the market’s top tech firms to give stocks another lift.When the company reported earnings after the close, the stock fell flat, dropping more than 6% in after-hours trading. That's even after the graphics-chip specialist beat earnings estimates.But that’snotthe case on May 26. The shares opened 5.5% lower and then moved into positive territory, up more than 5% on the day.The Santa Clara, Calif., company delivered a top- and bottom-line beat — including record revenue — but a muted outlook had weighed on the stock price.So why the rebound? Wall Street impatiently reacted to the headline numbers, failing to account for why guidance was great but a bit short of expectations.It’s due to the war in Eastern Europe and the covid lockdowns in China. Without those factors, the company easily clears expectations.Investors also seemingly failed to account for the fact that Nvidia stock was down more than 50%. That should have investors thinking about buying the recent quarter, not selling it.Trading Nvidia StockWeekly chart of Nvidia stock.As you can see on the weekly chart above, Nvidia stock continues to find support in the mid- to high-$150s. After opening near $160 today, it has been rallying.Next up is last week’s high, at $183.71. If Nvidia can clear this level, it opens the door up to the vital $195 area. There the stock will find the 21-month and 10-week moving averages. It will also find the 50% retracement as measured from the all-time high down to the March 2020 covid low.Just like the $155 area, the $195 area will be key for Nvidia stock.If it cannot push through $200, we must keep an eye on where support comes into play. Ideally, we will see a higher low form, giving bulls some momentum on their side and some structure to work with.If that’s not the case, we’ll need to see how Nvidia stock handles the $155 to $160 region and if it can again act as support.On the upside, a push through $195 opens the door to $200-plus. Specifically, it will put the $208 to $212 zone on the table, which was a notable support/resistance zone over the past several quarters.Should Nvidia stock push through it, we could see a rally up to the $225 to $235 area where it finds the 21-week and 50-week moving averages.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[{"id":9024026865,"gmtCreate":1653782658457,"gmtModify":1676535339203,"author":{"id":"3586451610703869","authorId":"3586451610703869","name":"KH321","avatar":"https://static.tigerbbs.com/c1bb8bd7d6d5df5f9732871fe60999ea","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9024026865","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9025643418,"gmtCreate":1653692179434,"gmtModify":1676535326048,"author":{"id":"3573976216768090","authorId":"3573976216768090","name":"3nn","avatar":"https://static.tigerbbs.com/303b8f037330070d95adf2f11d86d23a","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like pls thx&nbsp;","listText":"Like pls thx&nbsp;","text":"Like pls thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025643418","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9025643337,"gmtCreate":1653692121629,"gmtModify":1676535326032,"author":{"id":"3586939439858903","authorId":"3586939439858903","name":"ASMH","avatar":"https://static.tigerbbs.com/c8c22c3127769d9bb7b4e8d291d98433","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025643337","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9025655373,"gmtCreate":1653691501392,"gmtModify":1676535325913,"author":{"id":"3576260758860416","authorId":"3576260758860416","name":"andrew123","avatar":"https://community-static.tradeup.com/news/f3e049e64de259e717c6e652c0aca653","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025655373","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9025656751,"gmtCreate":1653691425573,"gmtModify":1676535325888,"author":{"id":"3586470645934044","authorId":"3586470645934044","name":"ramius75","avatar":"https://community-static.tradeup.com/news/c4c299991e47de2cfc27ff1e679cc5ee","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"🤷‍♂️","listText":"🤷‍♂️","text":"🤷‍♂️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025656751","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9025653244,"gmtCreate":1653690867888,"gmtModify":1676535325794,"author":{"id":"4108816210230400","authorId":"4108816210230400","name":"YJ Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9025653244","repostId":1131742262,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":647,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131742262"}