The meta-universe plot is popular all over the world, is it easy to hype or have a long-term perspective?
Recently, a new term has caught the eyes of most investors, and that is "Metaverse". All this stems from the sudden announcement of Facebook Facebook last week to change the company's name to Meta, which is the "Yuan" character of Meta Universe. While the market is jokingly calling it "shameless", it is also paying more and more attention to the development of "meta universe".
In fact, the concept of meta-universe has a long history, and the main purpose is to create one or several virtual worlds independent of reality. Since 2014, many cutting-edge technology companies have launched challenges to Metaverse. The integrated VR and AR equipment is the product of the 3D world access terminal. Investors should note that Metaverse has a wide range of applications, and some institutions will take this opportunity to hype some emerging concepts and tell stories that attract investors. However, none of this has been verified by the market, and meta-universe-related stocks are likely to show obvious polarization.
The current key development direction of Metaverse includes many aspects such as graphics chips, software development, cloud games, and communication construction, in addition to the VR&AR devices that are being promoted by major technology manufacturers. Currently, the more well-known Metaverse-related fund is Roundhill Ball Metaverse ETF, but among the constituent stocks, only Roblox, Facebook and Nvidia have announced the development plan of Metaverse, while other constituent stocks are more related to the concept. This is not so much the Metaverse Fund, as it is the epitome of the Nasdaq Index. It can be seen from smart phones and the Internet that the development of emerging industries is based on the innovation of key technologies; most of the other novel concepts are like castles in the sky, which are difficult to be widely recognized by the market, and the phenomenon of winner-takes-all is prone to occur. Investors who want to take advantage of this wave of "East Wind" from Yuan Universe still need to pay attention to individual stocks on the technology side, especially graphics chip manufacturers and VR equipment-related companies.
As the leader in graphics chips, NVIDIA also has its own plans for the development of Metaverse. Just in August of this year, in the CEO speech of Nvidia's online summit, the virtual avatar technology was used for the first time, and the perfect graphics processing made it difficult to distinguish the authenticity. And this is an important direction for the development of the "meta universe", a technology that accurately transmits information through facial and body induction. This kind of industry demand will only increase in the future, which also provides a potential growth point for Nvidia.
From the perspective of Nvidia's four-hour chart, with the return of the meta-universe concept, the stock price has also risen continuously. The company's upcoming release of a new generation of graphics cards and the news that cryptocurrencies have risen across the board have also supported the performance of the stock price. After the K-line broke through the previous high of 230, the upward trend was stable. The current stock price is showing a strong long position, and the trading strategy is mainly to follow the long position. It can be matched with the 5-day moving average and use the 250 round as the buying opportunity. Below 235 is also supported by the trend line, the 20-day moving average, the gap and the previous high, which can be used as a reference for the stop loss position.
