Is Nvidia About to Fly Higher?

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Is Nvidia About to Fly Higher?

The Street2021-04-07

Nvidia is finally trading better, bouncing off long-term support and clearing last month's high. Here are the levels to know now.Nvidia (NVDA) -Get Report has been a rewarding investment but a ...

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Comment（21）

ZEROHERO
·2021-04-07
Rebounding. Good for long term
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2
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- Gabriel林倡銘:
  Yes
  2021-04-07
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JoeK
·2021-04-07
555 is the magic number to buy
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2
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- Scarface:
  555.55 will huat
  2021-04-07
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- ZEROHERO:
  Avoid 666? ?
  2021-04-07
  Reply
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Sgtrader
·2021-04-07
Fly
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1
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Sgtrader
·2021-04-07
I should be buying this.
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1
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vincentlaubc
·2021-04-07
Please like and comment thanks
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4
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- SiniS:
  Done! Pls help comment back here. Thx
  2021-04-07
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Jiawei455
·2021-04-07
Really?
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1
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zolluA
·2021-04-07
maybe i shud have a position here [賤笑]
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2
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Zarkness
·2021-04-07
Goes up
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- XavL:
  How about AMD?
  2021-04-07
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xiaochan
·2021-04-07
Yes! Buy
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PKK
·2021-04-07
Yeeeessss!
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2
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JoelCheok
·2021-04-07
Hope it goes higher
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1
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Yukago
·2021-04-07
Automation?
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cyong
·2021-04-07
going to the moon
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- Chillman:
  Like and comment
  2021-04-07
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Ak91
·2021-04-07
Like and comment pls
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- Chillman:
  ???
  2021-04-07
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Joanne93
·2021-04-07
Please comment and like
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3
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- Ak91:
  Ok
  2021-04-07
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- Joanne93:
  Thx
  2021-04-07
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- Donovon:
  DoNe
  2021-04-07
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Chandrakanth
·2021-04-07
Interesting
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IamBolt
·2021-04-07
Like and comment
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- jizzjie:
  ok can someone reply to my comment pls
  2021-04-07
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- Joanne93:
  Done please respOnse
  2021-04-07
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kctan
·2021-04-07
Fly
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1
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Ashish
·2021-04-07
The best AI stock for future. What do you think guys?
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KWHChye
·2021-04-07
Nvda wew
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Here are the levels to know now.Nvidia (NVDA) -Get Report has been a rewarding investment but a ...</p>\n\n<a href=\"https://www.thestreet.com/investing/nvidia-nvda-stock-monthly-breakout-trading-040621\">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-nvda-stock-monthly-breakout-trading-040621","article_id":"1103541138","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1103541138","pubTimestamp":1617763561,"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"Nvidia is finally trading better, bouncing off long-term support and clearing last month's high. 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Advanced Micro Devices (AMD) -Get Report has beengoing through a similar stagnation.That’s despite thegiant semiconductor shortagewe’ve seen in video games, automobiles and other industries.Almost a month ago, I discussed Nvidialooking like it had bottomed. It soon ran into the resistance we were looking at and has since powered higher. Let’s get a fresh look at this stock as the charts have been setting up nicely.Nvidia and AMD are holdings in Jim Cramer'sAction Alerts PLUS member club. Want to be alerted before Jim Cramer buys or sells NVDA or AMD?Learn more now.Trading NvidiaAbove is a weekly chart of Nvidia, highlighting its strong bounce off the 50-week moving average. While it looked like Nvidia was breaking down below the 200-day, this moving average was here to lend a bounce.Shares initially struggled with the flatlining 10-week and 21-week moving averages, but the stock powered through these measures during last week’s holiday-shortened trading stretch.Not only are we pushing higher off last week’s gains, but Nvidia stock is now giving bulls a monthly-up rotation by clearing the March high at $557.After such a quick bounce, Nvidia stockissusceptible to a pullback. In that event, let’s see if the 10-week and 21-week moving averages - which were resistance last month - act as support.If so, the bullish move remains intact.The longer Nvidia stock can hold up over $557, the better it looks. Specifically, it opens the door to $589, which is the September high and has been resistance for several quarters now.The one exception to that observation was February, when shares pushed through resistance and ran to $614.90.With the monthly-up rotation in play, investors’ attention is shifting to $589. If the stock clears that mark, $615 will be next. For now, keep an eye on the $550 to $557 area.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":341996676,"gmtCreate":1617768470995,"gmtModify":1704702875420,"author":{"id":"3566532164444643","authorId":"3566532164444643","name":"ZEROHERO","avatar":"https://static.tigerbbs.com/62813b6df1c4722e559d112fadd5486a","vip":2,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3566532164444643","authorIdStr":"3566532164444643"},"htmlText":"Rebounding. 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?"}],"langContent":"EN"},{"id":341902490,"gmtCreate":1617767479810,"gmtModify":1704702862298,"author":{"id":"3574560623211545","authorId":"3574560623211545","name":"Sgtrader","avatar":"https://static.tigerbbs.com/6c5197204f400277e6de6301284278ab","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574560623211545","authorIdStr":"3574560623211545"},"htmlText":"Fly","listText":"Fly","text":"Fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341902490","repostId":1103541138,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341908776,"gmtCreate":1617767305095,"gmtModify":1704702860139,"author":{"id":"3574560623211545","authorId":"3574560623211545","name":"Sgtrader","avatar":"https://static.tigerbbs.com/6c5197204f400277e6de6301284278ab","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574560623211545","authorIdStr":"3574560623211545"},"htmlText":"I should be buying this.","listText":"I should be buying this.","text":"I should be buying this.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341908776","repostId":1103541138,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341078390,"gmtCreate":1617766108510,"gmtModify":1704702844838,"author":{"id":"3574048205972490","authorId":"3574048205972490","name":"vincentlaubc","avatar":"https://static.tigerbbs.com/527738d1afb729d071d6d5a4b247954f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3574048205972490","authorIdStr":"3574048205972490"},"htmlText":"Please like and comment thanks","listText":"Please like and comment thanks","text":"Please like and comment 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