I think Nvidia are a good trade all the way into 2018; get a trade in now for the next dividend payout as we've just missed the ex-dividend day of 22/08 [2017].
It's a personal surprise to me to find they've not been overbought this year, so, let's discuss the TP; I see a good pattern has formed since June this year: a 2-month gap between the low of mid-June and the low of mid-August suggests the same occurrence for a low in mid-October where we'll enter the trade.
You can ride for as long as you want to take it but I'd personally suggest climbing aboard w/e 09/10 and pending the outcome of the following reports (see below), the results should have proved a long-buck investment, so jumping out w/e 16/02 (the week of the FY 2018 Earnings Release) or w/c 19/02 is suggested:
11/09/17: Q3 2018 Earnings Release (Projected);
02/14/18: FY 2018 Earnings Release (Projected);
The above results information came from the following page: 4-traders.com/NVIDIA-CORPORATION-10282/calendar/.
It's a personal surprise to me to find they've not been overbought this year, so, let's discuss the TP; I see a good pattern has formed since June this year: a 2-month gap between the low of mid-June and the low of mid-August suggests the same occurrence for a low in mid-October where we'll enter the trade.
You can ride for as long as you want to take it but I'd personally suggest climbing aboard w/e 09/10 and pending the outcome of the following reports (see below), the results should have proved a long-buck investment, so jumping out w/e 16/02 (the week of the FY 2018 Earnings Release) or w/c 19/02 is suggested:
11/09/17: Q3 2018 Earnings Release (Projected);
02/14/18: FY 2018 Earnings Release (Projected);
The above results information came from the following page: 4-traders.com/NVIDIA-CORPORATION-10282/calendar/.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.