Account
New to ADSS? Open an
account now to get started.
Already have an account?
Add funds to your ADSS account
Account
New to ADSS? Open an
account now to get started.
Add funds to your ADSS account
Asset Watch
Wednesday, 26 February 2025
Today, markets are anticipating NVIDIA’s Q4 earnings report, with expectations of over 70% year-over-year sales growth. The company, a leader in AI-focused chip production, has significantly benefited from the AI boom over the past two years, driving its stock price up over 470% and at times pushing its market capitalization beyond $3 trillion.
Earlier this year, NVIDIA’s stock hit an all-time high of $153.71 before starting to decline. A key factor in this downturn is the emergence of low-cost Chinese AI solutions, such as the DeepSeek AI engine, which presents a significantly cheaper alternative to models like ChatGPT. This could lead companies to reconsider their AI-related spending, potentially reducing demand for NVIDIA’s chips.
On February 12, NVIDIA’s stock corrected from its downtrend, transitioning into sideways movement, forming a lower high and a higher low. The stock is currently trading within the $129.03 – $113.10 zone and may be heading toward its lower end.
A daily close below $113.10 could signal a resumption of the downtrend, potentially pushing prices toward $90.69. In this case, the support level at the September 6 low at $100.94 should be considered.
If NVIDIA’s stock closes above $129.03, this could encourage further buying pressure, leading the stock to test the February 18 high at $143.48. That said, the resistance zone aligned with the bullish trendline from the October 2 low at $115.1 with the 50-day simple moving average should be kept in focus.
Chart Source: ADSS Platform
ADSS
8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
ts@adss.com
+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.
ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
