Nvidia (#NVDA) Weekly Special Report based on 1 Lot Calculation:
THE COMPANY:
- NVIDIA develops and produces three-dimensional graphics processors and other related software. The company also produces graphics processing units, which is a critical component when developing artificial intelligence and self-driving autonomous vehicles.
- STOCK INDEX PARTICIPATION (USA100, USA500, USA30): NVIDIA stock belongs to the three most important US stock indices including the NASDAQ 100 (USA100) index, the S&P 500 (USA500) index and the DOW JONES INDUSTRIAL 30 (USA30).
- NVIDIA’S LATEST PRODUCT PIPELINE FOR THE AI CHIP SECTOR: Nvidia’s CEO said the company plans to release a new family of AI chips yearly, accelerating its prior release schedule of roughly every two years. The current pipeline includes the Blackwell chip, set for release in 2024; The Blackwell Ultra, set for 2025; The Rubin chip, set for 2026 and the Rubin Ultra, set for 2027.
- NEW PRODUCT (DECEMBER 17): “JETSON ORIN NANO” A.I. SUPERCOMPUTER. The new NVIDIA Jetson Orin Nano Super Developer Kit, which fits in the palm of a hand, provides everyone from commercial AI developers to hobbyists and students, gains in generative AI capabilities and performance. And the price is now $249, down from $499.
NVIDIA MAKES HISTORY BY REPORTING RECORD- BREAKING QUARTERLY FINANCIAL RESULTS:
- Q4 EARNINGS REPORT (CONFIRMED: FEBRUARY 26, 2025, AFTERMARKET). Nvidia is expected to print $38.304 billion in revenue (a new record high), up 9.1% from Q3’s $35.08 billion, and up around 59% from the same period last year ($22.103 billion). Nvidia is expected to print $21.01 billion in net income (a new record high), up around 9% from Q3’s $19.3 billion and up around 72% from the same period last year ($12.21 billion)
- NEXT- GENERATION BLACKWELL A.I. CHIP DELIVERY ALREADY UNDERWAY: Many of Nvidia’s end-customers, such as Microsoft, Oracle and OpenAI, have started receiving the company’s next-generation AI chip called Blackwell. Nvidia Chief Financial Officer Colette Kress said on a call with analysts that 13,000 samples of the chip have been shipped to customers. Nvidia CEO Jensen Huang said in a statement that Blackwell is in “full production.” FUTURE BLACKWELL CHIP SHIPMENTS TO ACCELERATE: Shipments of Nvidia’s Blackwell chips will ramp up in 2025, and the company is on track for several billion dollars of Blackwell revenue in the company’s fourth quarter. Nvidia also said sales for its current-generation AI chip, the H200, grew significantly in the quarter. (Source: CNBC)
NVIDIA: EVENTS
- EVENT (JANUARY 7 - JANUARY 11): CES (CONSUMER ELECTRONICS SHOW). CES is an annual trade show organized by the Consumer Technology Association (CTA). Held in January at the Las Vegas Convention Center in Winchester, Nevada, United States, the event typically hosts presentations of new products and technologies in the consumer electronics industry.
- NVIDIA AT CES 2025: CEO JENSEN HUANG SPEECH (JANUARY 7 AT 02:30 GMT): In 2024, Nvidia unveiled new GeForce RTX 40 SUPER Series graphics cards, new RTX games, new G-SYNC technologies, new Generative AI innovations, new enhancements for RTX Video Super Resolution, new GeForce NOW games and features, and tons more.
- STATISTICS: NVIDIA STOCK ROSE 10.89% ON AVERAGE DURING THE SHOW IN 2023 AND 2024. The A.I. boom began late 2022 and the shows after that would feature A.I. technology, with Nvidia being among the most successful ones.
Data Source: CES.TECH; Data Source: MetaTrader 4 Platform
Please note that past performance does not guarantee future results
NVIDIA: PRICE ACTIONS
- NVIDIA HIT AN ALL-TIME HIGH OF $152.63 ON NOVEMBER 21, 2024. The stock currently trades at $138 and if a full recovery takes place, the stock could see an upside of around 11%. However, the stock price could decline.
- ANALYST OPINION: Wells Fargo forecasts $185, JPMorgan forecasts $170, Rosenblatt forecasts $220, Citigroup forecasts $175, HSBC forecasts $195.
#NVDA, January 3, 2025
Current Price: 138
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NVIDIA |
Weekly |
|
Trend direction |
|
|
200 |
|
|
180 |
|
|
153 |
|
|
125 |
|
|
120 |
|
|
115 |
Example of calculation based on weekly trend direction for 1 Lot1
|
NVIDIA |
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|
Pivot Points |
||||||
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Profit or loss in $ |
82,000 |
42,000 |
15,000 |
-13,000 |
-18,000 |
-23,000 |
|
Profit or loss in €2 |
79,743 |
40,844 |
14,587 |
-12,642 |
-17,505 |
-22,367 |
|
Profit or loss in £2 |
66,135 |
33,874 |
12,098 |
-10,485 |
-14,518 |
-18,550 |
|
Profit or loss in C$2 |
118,006 |
60,442 |
21,587 |
-18,708 |
-25,904 |
-33,099 |
- 1.00 lot is equivalent of 1000 units
- Calculations for exchange rate used as of 09:00 (GMT) 03/01/2025
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.