NVIDIA CORP
(NVDA-Nasdaq):
Technical Viewpoint: From a low
of $53.81 on Apr 4, 2001 prices
rallied, reaching a
high of $89.99
on Apr 20, 2001. A
decline saw prices pull back, reaching a
low of
$73.00 on Apr 26, 2001.
Another rally saw prices penetrate
resistance, closing 5/7/01
at $93.85. Technicals: Stochastic Oscillator (STOC): A Buy Alert!
was given on Apr 30, 2001 when the solid line crossed the dotted line to the upside.
Support: Remains at $86.00. Resistance: Is at $99.75.
Point & Figure: Reversed to the upside on May 7, 2001. A P&F upside
reversal takes place at $91.00. Summary: Technical indicators have turned bullish. BUY! NVIDIA CORP
(NVDA-Nasdaq) @ $94.62 Stop: Use a protective stop of $91.75.
NVIDIA CORP is currently trading @ $93.85 plus $4.03 on May 7, 2001. Price Objective:
$114.00. Risk/Reward: $2.87 VS. $19.38. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$114.00
Risk/Reward:
$2.87 VS. $19.38
Risk/Reward Ratio:
7:1
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