🎁What the Tigers Say | Nvidia Amidst Quad Witching and GTC: Storm or Surge?

Last Friday, Nvidia hit the 1000 breakthrough failed. A large number of options face closing positions and expiration exercises this Friday.

GTC will take place next week, during March 18-21, 2024.

What will be the trend of nvda this week? Will Nvidia hit $1000 this week?

Below are some insights from Tiger @moonc , @eendra and @hhjsyndrome . 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. @moonc:

Key Points:

  • As an investor closely monitoring Nvidia's recent performance, I can't help but feel a twinge of concern amidst its continued decline. However, with the GTC event on the horizon and Jensen Huang's keynote poised to unveil pivotal insights, I remain cautiously optimistic about Nvidia's potential for a rebound.

  • While the recent dips may cause short-term unease, I believe in Nvidia's long-term trajectory and innovative prowess. Therefore, I view this week as an opportunity for Nvidia to showcase its resilience and regain investor confidence.

  • With a keen eye on market dynamics and upcoming announcements, I remain hopeful for a positive turnaround in Nvidia's fortunes.

2. @eendra:

Key Points:

  • At 0:48 on last Friday, Nvidia hit the 1000 breakthrough failed, and when the stock price returned to the opening price, 200 million bro closed a position of 31,500 lots of $NVDA 20240517 720.0 call$, and then rolled 37,700 lots of $NVDA 20240621 820.0 call$

  • This time 200 million bro left the principal of 150 million, roll 650 million. It is worth noting that the timing of this roll position is the same as the previous earnings report, which is after the failure of the high open breakthrough.

  • This Friday is another four dark day, a large number of options face closing positions and expiration exercise. Open interest in Nvidia call options is much higher than put options.

3. @hhjsyndrome: Nvidia on Friday, Reversal or Kopi Break?

Key Points:

  • Massive call options hanging out at 1000, 950, and 900 like durians at a fruit stand. Breaking through these lines is like trying to squeeze into your jeans after a hearty plate of nasi lemak – not easy. And if it does happen, brace yourselves for profit-takers and pressure. On the flip side, there are hefty put options at 800 and 750, providing support like a good friend during a karaoke session. Expect the market to dance within these ranges for the near term, like trying to follow the steps of your cousin's elaborate wedding dance.

  • Now, if we gaze at the charts, we've seen not one, not two, but three significant gap-ups. It's like the stock prices have been playing hopscotch and forgot to take a break. But with stocks climbing higher than HDB prices in 2022, a drop like this was inevitable. In fact, it's more unusual to find a stock that goes up and up without pausing for a teh break.

  • The stock price is currently chilling around the 850 range, not breaking through the options market support of those massive puts at 800. So, my friends, I'd say Friday's drop is nothing more than Nvidia taking a kopi break, letting the market catch its breath. But, of course, like waiting for your chicken rice order during the lunch rush, we'll keep our eyes peeled the next few days to see if the stock's trajectory stays within the expected current course.

Questions for you:

What will be the trend of NVDA? Will Nvidia hit $1000 this week?

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⏰Duration

  • 20 Mar (24pm EDT)

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  • icycrystal
    ·03-13
    TOP
    What will be the trend of NVDA? Will Nvidia hit $1000 this week?

    doubt so it will hit $1000 this week, perhaps in time to come...

    All valid comments on the following post will receive 5 Tiger Coins.

    @LMSunshine @koolgal @Universe宇宙 @rL @HelenJanet @koolgal @Shyon @Aqa @GoodLife99

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    • Shyon
      Thanks for sharing hehe
      03-13
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  • Aqa
    ·03-13
    TOP
    Congratulations to the above Tiger winners. Lets see $NVIDIA Corp(NVDA)$ continues to trend up and reach $1000 this week.
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  • Shyon
    ·03-13
    TOP
    Well, I think it is highly possible that Nvidia can hit 1000 dollars but probably not in this week, so fast. The share price has been rallied crazily for the past 2 months. It is always better for the stock to take a rest and to have some healthy pullback before set up for next rally. However, I think 1000 USD should not be an issue as the company is doing well and AI demand is still at the beginning stage. The demand is far beyond the supply right now! more to come for Nvidia I trust!
    How do you think? @Fenger1188 @GoodLife99 @Universe宇宙 @b1uesky @icycrystal @koolgal @rL
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  • Fenger1188
    ·03-13
    TOP
    谢谢 @TigerClub 精彩分享👍🏻👍🏻
    英伟达股价在下周有望突破1000美元,自从2022年底,ChatGPT发布掀起AI产业热潮之后,这种惊人的场面在英伟达身上频频上演。押注英伟达的投资者们,也迎来了“十年难遇”的造富机会。
    英伟达一年之内,帮很多投资者赚到了原本用很多年才能赚到的钱。看好英伟达在2924年会继续跑赢大盘,我会继续等待时机买入更多英伟达股票并长期持有❤️❤️
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  • Fenger1188
    ·03-13
    谢谢 @TigerClub 精彩分享👍🏻👍🏻
    英伟达股价在下周有望突破1000美元,自从2022年底,ChatGPT发布掀起AI产业热潮之后,这种惊人的场面在英伟达身上频频上演。押注英伟达的投资者们,也迎来了“十年难遇”的造富机会。
    英伟达一年之内,帮很多投资者赚到了原本用很多年才能赚到的钱。看好英伟达在2924年会继续跑赢大盘,我会继续等待时机买入更多英伟达股票并长期持有❤️❤️
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  • This week 1000...believe it will not be so soon to happen after all the surge more likely to have a correction. Then again all these have political influences so ever changing
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  • WanEH
    ·03-14
    英伟达的长期趋势应该还是会往上。但是可能短期会来个回调。毕竟之前拉升太快了
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  • subbu
    ·03-14
    It's highly likely that Nvidia shall cross $1000 next week if not this week itself.
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  • 1PC
    ·03-14
    Likely possible to hit 🎯$1000 [Miser] ... [Cry] [Cry] [Cry]but I'm not on this road 😭😭
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  • Leawell
    ·03-14
    Round numbers always attract. It will break through if positive noise from the conference and drop when the profit takers move in.
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  • DavidSG
    ·03-14
    It may cross 1000. But likely to pull back if GTC disappoints the investors.
    @koolgal  @TechnicalHunter  @icycrystal  @JC888
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  • Alubin
    ·03-13
    Unlikely to hit $1000 but i believe it should be green.
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  • BeingLucid
    ·03-14
    NVDA will hit $1000, but not this week.
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  • Success88
    ·03-14
    Tiger said be contented Nividia too high already bubble coming?
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  • jhtiger
    ·03-14
    don't think it will... but then again it is very hard to predict the market
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  • most probably will continue even past whatever target price
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  • TerenceWon
    ·03-14

    Great ariticle, would you like to share it?

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  • yeah 1000 easy peesy
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  • soonyulun
    ·03-14
    nope
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