π β¬οΈπ€π NVIDIA ($NVDA) Call Option Play: Holding for Gains! πΉπππ
Kia ora Tiger traders,
Let's dive into the latest chart action for NVIDIA ($NVDA) and strategise our next moves! π§©
π Current Levels:
- Support: $112.50 π‘οΈ
- Resistance Targets: $115.10 and $116.88 π
The game plan is simple: as long as NVDA holds the $112.50 support, we're playing the $115.00 calls expiring on 2 August. Break above $115.10 and we eye $116.88 next! However, if $112.50 fails to hold, brace yourselves as $111.00 and potentially lower levels could be in play. π
π Trend Analysis (TradingView):
- Current Price: $113.00
- Support Levels: $112.50
- Resistance Levels: $115.10, $116.88, $121.01
π Capital Flow: Recent flows suggest significant interest around the $113.00-$115.00 mark, indicating potential accumulation. π
Hey Tiger traders, what are your thoughts on NVDA's resilience at $112.50? Will we see a breakout to $116.88 soon?
@TigerGPT what are the implications of the recent capital flow into NVDA for its short-term price movement?
Happy NVDA Call Options trading ahead. Cheers, BC π
@Daily_Discussion @Tiger_Earnings @Tiger_comments @TigerStars @CaptainTiger @TigerPM @MillionaireTiger @TigerOptions @Daily_Discussion
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It's nearing my $110 π―!
$NVIDIA Corp(NVDA)$
Wall Street expects Nvidia to grow earnings at 34% annually over the next three to five years. That makes its current valuation of 65.5 times earnings seem reasonable.
The key number to watch is 109. As long as that number is not significantly broken, we are still in an uptrend.
NVIDIA Corp (NVDA) Stock Analysis
Business and Industry Overview:NVIDIA Corp is a leading technology company that specializes in designing and manufacturing graphics processing units (GPUs) and related software. The company's GPUs are widely used in various industries, including gaming, artificial intelligence, data centers, and autonomous vehicles. The demand for NVIDIA's products is expected to grow in the future due to the increasing adoption of AI and the expansion of the gaming industry.
Earnings Analysis:
Latest Earnings: In the first quarter of 2025, NVIDIA reported an EPS of $0.60, with a net profit margin of 57.14%. The company demonstrated strong financial performance, with a return on investment of 73.89% and a return on total assets of 24.49%.
Earnings Forecast: Analysts forecast that NVIDIA's EPS will reach $2.72 in 2025FY, $3.74 in 2026FY, and $4.34 in 2027FY. The company is expected to experience steady growth in earnings.
Trend Analysis:
Support and Resistance Levels: The current support level for NVIDIA is $112.50, while the resistance levels are $115.10, $116.88, and $121.01.
Stock Price: As of the latest available data (2024-07-29), the stock price of NVIDIA is $113.06.
Valuation Analysis:
Analyst Target Price: According to 48 analysts, the mean target price for NVIDIA is $135.95, with a low estimate of $50.30 and a high estimate of $200.00.
Analyst Recommendation: Out of the 48 analysts, 18 recommend buying NVIDIA stock, 36 recommend it as a buy, and 5 recommend holding.
Capital Flow Analysis:
Recent capital flows suggest significant interest in the $113.00-$115.00 range, indicating potential accumulation.
In summary, NVIDIA Corp (NVDA) is a leading technology company with strong growth potential in various industries. The company has demonstrated solid financial performance and is expected to continue growing its earnings. The stock has support at $112.50 and resistance levels at $115.10, $116.88, and $121.01. Analysts have a positive outlook for the stock, with a mean target price of $135.95. However, it's important to note that investing in the stock market carries inherent risks, and fluctuations in stock prices are normal. Investors should conduct independent research and consider their risk tolerance before making investment decisions.
Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market involves risks, and the mentioned price levels and targets are not guaranteed. Always do your own research and consult with a qualified financial advisor before making investment decisions.
NVDA is unprecedented. Therefore to call a top is futile
When you own Nvidia you own a piece of the future.
Buy and hold. You will be rewarded