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NVIDIA CORPORATION
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $41.00 on Mar 12, 2001 prices
rallied, reaching a
high of $61.00
on Feb 16, 2001. A
decline saw prices pull back, reaching a
low of
$40.00 on Mar 1, 2001.
Another rally saw prices penetrate
resistance, closing 3/14/01
at $57.06. Technicals: Momentum Index (MTM): A Buy Alert!
was given on Mar 14, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $46.50. Resistance: Is at $60.00.
Point & Figure: Reversed to the upside on Mar 13, 2001. A P&F upside
reversal takes place at $52.50. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORPORATION
(NVDA-Nasdaq) @ $57.38 Stop: Use a protective stop of $54.62.
NVIDIA CORPORATION is currently trading @ $57.06 plus $3.06 on Mar 14, 2001. Price Objective:
$82.00. Risk/Reward: $2.75 VS. $24.62. Today's Risk Reward Ratio: 9:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$82.00
Risk/Reward:
$2.75 VS. $24.62
Risk/Reward Ratio:
9:1
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