To The Moon

$NVIDIA Corp(NVDA)$ stock hit an all-time high at $543.25 after a series of announcements at Consumer Electronics Show (CES), which included new chips for generative AI technologies, PCs and gaming, and new partnerships. $Advanced Micro Devices(AMD)$ stock was also up over 7% this week; the whole semiconductors sector closed green ( $iShares Semiconductor ETF(SOXX)$ +3.29%)

NVDA hits an all-time high, will it bring the AI hype to a new level?

Below are some insights from Tiger @nerdbull1669, @ZEROHERO and @Shyon. Which opinions do you agree with？

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @nerdbull1669: How I Trade AMD and Profit With CES 2024 News and Technical

Key Points:

Technical Indicator - 20-day MA (Trading Above indicate Upside Strong)

I went to check the 20-day MA and saw that AMD have been trading above it, this mean that AMD has not been experiencing any pullback when 2024 starts.

This is a good signal for short term upside for AMD.

Technical Indicator - Average Directional Index (ADX)

If we look at ADX 14 days, we can see that AMD is trending into strong trend and with +Di above -DI suggesting that bullish upside is coming.

Though we could see a dip in ADX 14, but it should give us an opportunity to trade.

How I Trade With RVI and ADX (Price Action)

I monitor AMD price action for 09 Jan, and saw that ADX is keeping near 40 but RVI is pretty wild, there have not been any potential until after 1pm.

I prepare for a LONG position and set my STOP Loss position when there is a slight move down of ADX from 40, but still staying above 40. RVI remain above 50 though.

The next step to prepare for exit is when RVI is showing sign of dropping down from the 50s.

Overall, this is a short trade with a 1 dollar profit per share.

2. @ZEROHERO: Nvidia’s Potential To Unlock $100 Billions In Next 2 Years? 😎

Key Points:

Nvidia Corp. is raking in billions in cash, but one analyst thinks the chip maker could throw $100 billion more onto the pile if it started to look more like Salesforce Inc.

⚠️ Looking at NVDA calls above 493.5 and puts below 488 on Monday. Trading volume expected to return this week. Have a green week ahead!

Breaking new ground soon?

The addition of more recurring-revenue streams could help Nvidia's "relatively depressed trading multiple," in Arya's view. Nvidia shares trade at a 20% to 30% discount to its "Magnificent Seven" peers on the basis of price to earnings as well as enterprise value to free cash flow, even though the company's compound annual growth rate on the top line is three times what it is for those other tech giants.

The discount is "partly due to uncertainty in [calendar 2025] growth prospects, and partly due to a very hardware- dependent business unlike other large-cap software/internet peers that have recurring-revenue profiles," he wrote.

Arya has a buy rating and $700 price objective on the stock.

3. @Shyon: CES 2024: Will Nvidia Bring AI Hype to Next Level?

Key Points:

Nvidia's stock climbed 6.43% to end at $522.53, its highest close ever, after the company announced the GeForce RTX 40 SUPER Series of graphics processors, aimed primarily at videogame enthusiasts. Nvidia unveiled three new desktop graphics chips with extra components that will let gamers, designers and other computer users make better use of AI on their personal machines without having to rely on remote services accessed over the internet.

Not to forget, China's rising EV 🚗🚗🚗 brands are a key market for Nvidia's automotive technology business. Chinese automakers are racing each other to launch more advanced in-vehicle infotainment displays and automated driving functions. That's created a growth opportunity for Nvidia, $Intel(INTC)$, $Qualcomm(QCOM)$ and other semiconductor manufacturers.

Questions for you:

NVDA hits an all-time high, will it bring the AI hype to a new level?

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⏰Duration

• 17 Jan (24pm EDT)