Nvidia Corporation is a well-known American technology company primarily known for designing graphics processing units (GPUs) for the gaming, professional visualisation, data centre, and automotive markets. Nvidia has been at the forefront of technological innovation in various sectors, and its products and technologies have had a significant impact on industries ranging from gaming to artificial intelligence. NVIDIA describes itself as having pioneered accelerated computing to tackle challenges no one else can solve. Their work in AI and digital twins is transforming the world’s largest industries and profoundly impacting society. Just this week Nvidia’s CEO said that, ‘there’ll soon be games where AI generates, “every pixel”’. They are even creating a digital twin of our planet—called Earth-2—to help predict climate change decades in advance.

Nvidia has a seasonally weak pattern around this time of the year with an average fall of -1.80% between April 01 and May 12. The largest fall has been a whopping 39% in 2022, but there has also been some significant  gains, with the maximum rise being  28.40% in 2020. So, Nvidia is clearly a very volatile, popular, and ground breaking stock. So, does this make any dips worth buying if Nvidia falls into any of these ‘rising windows’ of support marked below on the daily chart?

The major trade risk here is that previous seasonal trends do not necessarily repeat themselves again each year.

Remember, don’t just trade it Seasonax It!