NVIDIA stock: full recovery

NVIDIA stock: full recovery

2020-03-13 • Dikemaskini

The future awaits

NVIDIA is definitely a good choice for a long-term portfolio. Why? Because the fundamentals indicate that this company’s spheres of activity are highly potential markets, whose true horizons we are yet to see. Driverless vehicles, face recognition video systems, graphic drivers and all related software and hardware, not to mention cloud technologies – what may be stronger in terms of future perspectives and hence demand than the mentioned sphere of activity? For this reason, investing long-term seems to pose little doubt about NVIDIA. But wait, what happened there a year ago?

A range of reasons

The human mind likes attributing any observation to one reason. That’s natural because it makes it easy to draw one-sided conclusions. A led to B, that’s it. But many things – including those which happen in the stock market – often result from a range of factors that collide in such a way that makes it look like one unique impulse. NVIDIA’s performance in the last quarter of 2018 is a perfect example.

At the end of 2018, the US-China relationship was at the peak of the tension in the context of the trade war. Hence, noting the geographical complexity of the IT hardware supply chains and production sites (specifically, those in China) that was not the best time for NVIDIA. Another particular factor, which partly resulted from that and partly emerged on its own, was a drop in demand for semiconductors – what can strike more precisely right at NVIDIA’s business? In addition to that, the company’s Q3-2018 results were less than expected, and that also results from various reasons. First, observers were used to seeing NVIDIA as a never-setting sun of the stock market hence any step away from that stardom was perceived as a big disappointment and mishap (imagine you get only A-grades in school, and then suddenly a B comes – would parents would be extremely surprised to see that, while if you were an unstable A-to-C-getter, a B would be a pretty nice result). Second, there was a crypto-currency related factor: by Autumn 2018, NVIDIA had an oversupply in its inventories while resulted from overly optimistic projections for demand specifically from cryptocurrency miners. That demand eventually dropped, but the production – as it usually does – was late to react. Hence, a drop in sales and quarterly results.

Recovery

Currently, the stock trades at $267 where it got after bouncing down from the resistance of $290. That means, the potential for a rise is there, but the price does not yet have the full power to establish itself at that level. We can say that it is now in an intermediary period: it is unlikely to fluctuate down to the support of $125 because the fundamentals are pushing it higher, but the gravity still may drag it down to the area of $220. The Moving Averages are another indication to stay alert. The 50-MA is still below the 100-MA but points upwards. When the 50-week Moving Average crosses the 100-week – that should be approximately at the mentioned support of $220, that will be a stronger indication that the price is gaining the full capacity to rise back to $320. Once that happens, it may be a good moment to enter the market.

NVIDIAWeekly.png

                                                                                      LOG IN

 

Serupa

Brexit: masa hadapan GBP
Brexit: masa hadapan GBP

Brexit selesai. Apa yang akan terjadi pada ekonomi UK dan pound? Ketahui di dalam artikel kami.

Berita terkini

Deposit dengan sistem pembayaran tempatan anda

Notis pengumpulan data

FBS menyimpan rekod data anda untuk mengoperasikan laman web ini. Dengan menekan butang "Terima", anda menyetujui Polisi Privasi kami.

Callback

 1
 93
 355
 213
 1684
 376
 244
 1264
 672
 1268
 54
 374
 297
 61
 43
 994
 1242
 973
 880
 1246
 375
 32
 501
 229
 1441
 975
 591
 387
 267
 55
 246
 673
 359
 226
 257
 855
 237
 1
 238
 1345
 236
 235
 56
 86
 61
 61
 57
 269
 242
 243
 682
 506
 225
 385
 53
 357
 420
 45
 253
 1767
 1809
 593
 20
 503
 240
 291
 372
 251
 500
 298
 679
 358
 33
 594
 689
 241
 220
 995
 49
 233
 350
 30
 299
 1473
 590
 1671
 502
 224
 245
 592
 509
 39
 504
 852
 36
 354
 91
 62
 98
 964
 353
 44
 972
 39
 1876
 81
 962
 7
 254
 686
 850
 82
 965
 996
 856
 371
 961
 266
 231
 218
 423
 370
 352
 853
 389
 261
 265
 60
 960
 223
 356
 692
 596
 222
 230
 262
 52
 691
 373
 377
 976
 382
 1664
 212
 258
 95
 264
 674
 977
 31
 599
 687
 64
 505
 227
 234
 683
 672
 1670
 47
 968
 92
 680
 970
 507
 675
 595
 51
 63
 64
 48
 351
 1787
 974
 262
 40
 7
 250
 590
 290
 1869
 1758
 590
 508
 1784
 685
 378
 239
 966
 221
 381
 248
 232
 65
 421
 386
 677
 252
 27
 500
 34
 94
 249
 597
 268
 46
 41
 963
 886
 992
 255
 66
 670
 228
 690
 676
 1868
 216
 90
 993
 1649
 688
 256
 380
 971
 44
 1
 1
 598
 998
 678
 58
 84
 1284
 1
 681
 2
 967
 260
 263
00:00
00:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00
23:00
23:00
00:00
01:00
02:00
03:00
04:00
05:00
06:00
07:00
08:00
09:00
10:00
11:00
12:00
13:00
14:00
15:00
16:00
17:00
18:00
19:00
20:00
21:00
22:00
23:00

Pengurus akan menghubungi anda dalam amsa terdekat

Tukar nombor

Permohonan anda telah diterima

Pengurus akan menghubungi anda dalam amsa terdekat

Permohonan panggil balik seterusnya untuk nombor telefon ini
boleh dilakukan dalam dalam

Jika anda mempunyai isu yang perlu disegerakan, sila hubungi kami menerusi
Live Chat

Masalah dalaman. Sila cuba sebentar lagi

Jangan bazir masa anda – pantau bagaimana NFP mempengaruhi dolar AS dan kaut keuntungan!

Anda sedang menggunakan pelayar web yang versinya sudah lapuk.

Kemaskini kepada versi terkini atau cuba pelayar lain untuk penggunaan yang lebih selamat, selesa dan produktif.

Safari Chrome Firefox Opera