-Financial Tools Futures Market--TRADE IDEAS-- OPTION ALERTS -BENZINGA PRO-

« Home | Network Appliance NTAP » | KLAC double top and now ? » | Good trading day for Bulls » | Disney - Earnings beat expectations » | Intel can rebound from these levels » | Nasdaq technical Bearish » | AMAZON profit fall last quarter » | DowJones near 11000 again » | Google fell sharply in after-Hours » | Exxon Mobil reported Strong Earnings » 

Monday, February 13, 2006 

NVIDIA - competition will increase from ATI

Chart courtesy of stockcharts

NVIDIA today have announced that Fujitsu Siemens Computers, has selected the NVIDIA nForce Professional 2200 and 2050 media and communications processors (MCPs) and NVIDIA Quadro professional graphics for the Celsius V830 workstation.
Last Year was an excellent year for Nvidia because we saw small competition from ATI, but I think that this year will be different, the competition will increase and the margins for both companies can decrease, it's only my opinion. NVIDIA will report earnings on 16th February.
According to chart above we can see some resistance to break the 46$ level.
The indicators shows different cenariuos for the future, Full sto and MACD are Bearish but the RSI still Bullish.
Supports 1º medium term - 41$ 2º long term - 36$
Resistance : above 46$ none.
Short term resistance : 45$

That's All. Have a great evening !!!!


Bookmark and Share


About Me

  • I'm a 48 year old Independent Trader using proprietary technical analysis with more than 20 years experience of investing in the US stock markets. I started this blog in 2006 simply as a way to share my thoughts about capital, risk management, and trading. My blog contains only my personal opinion and is provided for informational purposes only.

  • Benzinga.com supporter

    Benzinga.com supporter


      Enter your email address:

      Delivered by FeedBurner

      Subscribe my feed :

    Support AC

    • Support AC Investor Blog, Donate with PayPal


      Interested in advertising on AC Investor Blog ? Click Here


    Site Information

    Stock Market Blogroll

    Friends BLOGROLL


Powered by Blogger
and Blogger Templates

Add to Google