Fraudulent websites posing to have a connection with JFD
Please be aware of fraudulent websites
posing as JFD's affiliates and/or counterparties
NVIDIA shares had a fantastic year in 2024. The stock increased in value by 171%. Our analytical approach to NVIDIA has paid off.
Our main scenario for 2025 envisages further price increases. The stock shows intact upward trends in all time frames in chart terms. The setback of the last few days does not change this at present. As long as the stock remains above the massive support cluster at USD 120-132, we expect new rallies to new all-time highs. We expect the USD 200 target to be reached in the year.
If the stock falls sustainably below USD 120, this bullish attitude can no longer be maintained and a revaluation of the stock must take place. Targets in the USD 100 range could come into focus.
Analysis from 06.09.2024
No stock has been written about more in recent months than NVIDIA. The megatrend AI took the stock to unimagined heights. Since June, the stock has been in a volatile (bullish) consolidation.
Chart-wise, a wedge is forming. The consolidation can be described as clearly bullish to date. On the downside, massive support clusters between USD 100 and USD 88 are waiting. Long positions with a target of a new all-time high can be built up in this area. The chart only shows clouds below USD 88. However, this could be followed by significant and sharp downward waves. As long as the price does not fall below this range on a sustained basis, new all-time highs should be on the agenda in the medium term.
Disclaimer:
The content we produce does not constitute investment advice or investment recommendation (should not be considered as such) and does not in any way constitute an invitation to acquire any financial instrument or product. The Group of Companies of JFD, its affiliates, agents, directors, officers or employees are not liable for any damages that may be caused by individual comments or statements by JFD analysts and assumes no liability with respect to the completeness and correctness of the content presented. The investor is solely responsible for the risk of his investment decisions. Accordingly, you should seek, if you consider appropriate, relevant independent professional advice on the investment considered. The analyses and comments presented do not include any consideration of your personal investment objectives, financial circumstances or needs. The content has not been prepared in accordance with the legal requirements for financial analyses and must therefore be viewed by the reader as marketing information. JFD prohibits the duplication or publication without explicit approval.
There are risks involved with trading of cash equities. Past performance is not indicative of future results. You should consider whether you can tolerate such losses before trading. Please read the full Risk Disclosure (https://www.jfdbrokers.com/en/legal/risk-disclosure).
Copyright 2024 JFD Group Ltd.
Fraudulent websites posing to have a connection with JFD
Please be informed that, the below listed websites fraudulently misrepresent to have a connection with JFD and have infringed with JFD’s rights and trademarks in order to defraud users of their personal data, registration data and funds.
Unfortunately, JFD cannot guarantee that the list is exhaustive or always up-to-date and refers only to the websites that were brought to our attention. Therefore, if an investor is in doubt about the connection of any website with JFD, or spots a website that is substantially similar in design, structure and content to JFD’s website, please contact us at support@jfdbrokers.com and we will take all necessary actions to report it and protect other investors from being defrauded.
For your further reference and the avoidance of any doubts, feel free to check the full list of JFD’s web domains approved by CySEC.