ðToday, I want to analyze NVIDIA stock for you because I think it still has the potential to increase in price, and also, in NVIDIA 's previous rally, AI tokens had a good rise.
ðĄThe main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips. The market value of this company crossed the one trillion dollar mark less than a year ago. Nvidia now has a higher market value than the well-known companies Amazon and Google.
ðĄNvidia's earnings report that was published exceeded expectations so that Nvidia was able to make $26 billion in profits in the first 3 months of this year, which is really great.
ðĄProfitability was 5.3% higher than forecasts, and Nvidia made a profit of $6.12 Earnings per Share(EPS).
ðĄNvidia forecasted $28 billion in revenue for the fiscal second quarter, with a margin of error of 2%.
ðĄSoon the price of each stock will be divided into 10 units. For each stock of the price break, $0.01 is distributed, which represents 150% growth from the previous period.
ðĄ Artificial Intelligence Tokens have not yet shown their progress, but it is better to keep an eye on them.
FETUSDT _ 
NEARUSDT _ $BINANCE:RNDRUSDT _ 
GRTUSDT _ 
TAOUSDT _ 
INJUSDT _ 
THETAUSDT
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ðNow let's take a look at the NVIDIA chart.
â NVIDIA managed to break the ðīResistance zone($974_$924)ðī by Breakaway Gap.
ðIn terms of Classic Technical Analysis, NVIDIA has managed to form a Bullish Long Island Pattern, and this pattern is one of the continuing patterns and will be a sign of the continuation of NVIDIA's upward trend.
ðAccording to the theory of Elliott Waves, NVIDIA is completing the main wave 5 and it is very likely that the main wave 5 will finish in the ðĄPotential Reversal Zone(PRZ)($1,305_$1,138)ðĄ.
ðI expect that NVIDIA will continue to grow at least ðâ20%ð more, although minor corrections are also possible.
NVIDIA Analyze (NVDAUSD), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
ðĄThe main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips. The market value of this company crossed the one trillion dollar mark less than a year ago. Nvidia now has a higher market value than the well-known companies Amazon and Google.
ðĄNvidia's earnings report that was published exceeded expectations so that Nvidia was able to make $26 billion in profits in the first 3 months of this year, which is really great.
ðĄProfitability was 5.3% higher than forecasts, and Nvidia made a profit of $6.12 Earnings per Share(EPS).
ðĄNvidia forecasted $28 billion in revenue for the fiscal second quarter, with a margin of error of 2%.
ðĄSoon the price of each stock will be divided into 10 units. For each stock of the price break, $0.01 is distributed, which represents 150% growth from the previous period.
ðĄ Artificial Intelligence Tokens have not yet shown their progress, but it is better to keep an eye on them.
FETUSDT _ NEARUSDT _ $BINANCE:RNDRUSDT _ GRTUSDT _ TAOUSDT _ INJUSDT _ THETAUSDT --------------------------------------------------------------------------------------------
ðNow let's take a look at the NVIDIA chart.
â NVIDIA managed to break the ðīResistance zone($974_$924)ðī by Breakaway Gap.
ðIn terms of Classic Technical Analysis, NVIDIA has managed to form a Bullish Long Island Pattern, and this pattern is one of the continuing patterns and will be a sign of the continuation of NVIDIA's upward trend.
ðAccording to the theory of Elliott Waves, NVIDIA is completing the main wave 5 and it is very likely that the main wave 5 will finish in the ðĄPotential Reversal Zone(PRZ)($1,305_$1,138)ðĄ.
ðI expect that NVIDIA will continue to grow at least ðâ20%ð more, although minor corrections are also possible.
NVIDIA Analyze (NVDAUSD), Daily time frame â°.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the â ' like'â button ðð & Share it with your friends; thanks, and Trade safe.
āļāļēāļĢāļāļ·āđāļāļāļēāļĒāļĒāļąāļāļāļāļāļģāđāļāļīāļāļāļĒāļđāđ
āļāļąāļāļāļķāļ
As long as NVIDIA doesn't touch $949, ââthe analysis is valid.āļāļīāļāļāļēāļĢāđāļāļĢāļ: āļāļķāļāđāļāđāļēāļŦāļĄāļēāļĒāļāļēāļĢāļāļģāļāļģāđāļĢ
āļāļąāļāļāļķāļ
I think we have to wait for the correction for NVIDIA. What do you think? Will PRZ work or not?
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āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāđāļ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ
ð Free Real VIP Forex and Crypto Signals. Please visit:
ð t.me/ProTrader_365
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āļāļģāļāļģāļāļąāļāļŠāļīāļāļāļīāđāļāļ§āļēāļĄāļĢāļąāļāļāļīāļāļāļāļ
āļāđāļāļĄāļđāļĨāđāļĨāļ°āļāļāļāļ§āļēāļĄāđāļĄāđāđāļāđāļĄāļĩāļ§āļąāļāļāļļāļāļĢāļ°āļŠāļāļāđāđāļāļ·āđāļāļāđāļāđāļŦāđāđāļāļīāļāļāļīāļāļāļĢāļĢāļĄāļāļēāļāļāļēāļĢāđāļāļīāļ, āļāļēāļĢāļĨāļāļāļļāļ, āļāļēāļĢāļāļ·āđāļāļāļēāļĒ, āļāđāļāđāļŠāļāļāđāļāļ° āļŦāļĢāļ·āļāļāļģāđāļāļ°āļāļģāļāļĢāļ°āđāļ āļāļāļ·āđāļ āđ āļāļĩāđāđāļŦāđāļŦāļĢāļ·āļāļĢāļąāļāļĢāļāļāđāļāļĒ TradingView āļāđāļēāļāđāļāļīāđāļĄāđāļāļīāļĄāđāļ āļāđāļāļāļģāļŦāļāļāļāļēāļĢāđāļāđāļāļēāļ