Rabia Faraz
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#NVIDIA
Nvidia has significantly increased its investment in cloud computing company CoreWeave by an additional $2 billion, making it the second-largest investor in the firm. According to NS3.AI, this strategic move underscores Nvidia's dedication to bolstering AI infrastructure development. The investment has led to a 16% rise in CoreWeave's stock value. Both CoreWeave and Nvidia stocks are experiencing a recovery from recent downturns, indicating renewed optimism in the technology sector as demand for AI continues to grow.
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge #NVIDIAGTC24
#MarketRally #USIranStandoff #BitcoinGoogleSearchesSurge #NVIDIAGTC24
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#DGRAmazing Chart DGRAMUSDT Perpetual is there and the timeframe seems to be 1 minute.
Overall trend appears bearish as the price is continuously making lower highs.
EMA 200 (yellow line) is acting like strong resistance.
Whenever the price approached EMA 200, a rejection was observed from there.
The volume profile indicates that heavy trading occurred in some areas.
The price has broken several support zones and consolidated downwards.
A slight bounce is visible on the right side but the trend is still weak.
The strength of buyers seems low and the control of sellers appears high.
If the price does not close above EMA 200, there will be downside risk.
For the short term, the chart seems more suitable for scalping or short trades.
#MarketRally #RiskAssetsMarketShock $
Overall trend appears bearish as the price is continuously making lower highs.
EMA 200 (yellow line) is acting like strong resistance.
Whenever the price approached EMA 200, a rejection was observed from there.
The volume profile indicates that heavy trading occurred in some areas.
The price has broken several support zones and consolidated downwards.
A slight bounce is visible on the right side but the trend is still weak.
The strength of buyers seems low and the control of sellers appears high.
If the price does not close above EMA 200, there will be downside risk.
For the short term, the chart seems more suitable for scalping or short trades.
#MarketRally #RiskAssetsMarketShock $
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