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Chart of the Day: NVDA Downward Triangle

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Manage episode 520068992 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Stifel hiked its price target on Nvidia (NVDA) to $250 from $212 ahead of the A.I. chipmaker's highly anticipated earnings event. Ben Watson drops by to examine the chart patterns forming for NVDA. On a shorter-term 5-day chart, he draws a downward triangle formation with a top at $192 and a low at $181. Zooming out to a 1-year chart, Ben adds the 50-day moving average hovering around $192 as a level to monitor after the earnings report.

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8907 episodes

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Manage episode 520068992 series 3645668
Content provided by Schwab Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Schwab Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Stifel hiked its price target on Nvidia (NVDA) to $250 from $212 ahead of the A.I. chipmaker's highly anticipated earnings event. Ben Watson drops by to examine the chart patterns forming for NVDA. On a shorter-term 5-day chart, he draws a downward triangle formation with a top at $192 and a low at $181. Zooming out to a 1-year chart, Ben adds the 50-day moving average hovering around $192 as a level to monitor after the earnings report.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – / schwabnetwork

Follow us on Facebook – / schwabnetwork

Follow us on LinkedIn - / schwab-network

About Schwab Network - https://schwabnetwork.com/about

  continue reading

8907 episodes

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