NVDA is just getting started.
NASDAQ:NVDA
NVDA has been making headlines recently, with a significant bounce off support in the mid-90s and a successful breach of both the 100 and 50-day moving averages. This technical bullishness was further reinforced by the strong demand and growing penetration of AI into various markets.
However, the post-earnings retreat below the 50-day moving average has introduced a layer of uncertainty. While the overall technical picture remains positive, a closer look at the chart reveals an unfilled gap in the $109-$113 range. This gap represents a potential area of resistance that could hinder further upside momentum.
Filling the Gap and Reaching New Heights
If NVDA can successfully fill this gap, it could open the door for a more sustained upward trajectory. The stock's strong fundamentals, driven by the growing demand for AI and data center solutions, provide a solid foundation for continued price appreciation.
NVDA has recently broken above the upper resistance of a negative channel, but was unable to find support at these levels. Watch for this resistance to be broken again and serve as support for further upward movement.
Neuralnetwork
NZDCHF LONG SWING TRADEConsider entering a long position on the NZD/CHF pair at 0.53160 with a stop loss set at 0.51933. This trade reflects a potential upward movement based on my analysis strategy. The risk-reward ratio stands at approximately 1.9, offering a favorable balance between potential gains and losses. Monitor market conditions and be prepared to adjust the position accordingly.
AI's Insight from News Cross-Checked with Pattern Recognition 👁Dear Investors, I believe that PLTR might fall to $13.2 in the coming months. Here, I made a short idea from the insights of the different AI algorithms I use for speculative analytics.
News Analytics - Natural Language Processing
1 Palantir's revenue growth has slowed in recent quarters. The company's revenue grew by 31% year-over-year in the first quarter of 2023, but this was down from 54% growth in the fourth quarter of 2022. This slowdown in revenue growth could be a sign that Palantir is facing challenges in the market.
2 Palantir's gross margin has been declining. The company's gross margin was 74% in the first quarter of 2023, down from 77% in the fourth quarter of 2022. This decline in gross margin could be a sign that Palantir is having to invest more in sales and marketing to drive revenue growth.
3 Palantir has been losing market share. The company's market share in the data analytics market is estimated to be around 1%, according to Gartner. This is a very small market share, and it has been shrinking in recent years. This could be a sign that Palantir is not as competitive as its rivals.
4 Palantir's stock price has been volatile in recent months. The stock price has fallen by more than 50% from its all-time high in August 2021. This volatility could be a sign that investors are uncertain about Palantir's future.
Cross-Checking Logic
Of course, there are also some positive news about Palantir that could suggest that the stock price will not fall to $13.2. For example, the company has a strong pipeline of new business opportunities. Palantir is also investing heavily in research and development, which could lead to new products and services that could boost the company's growth.
Chart Pattern Recognition - Deep Neural Networks
Between the two red trendlines, my neural networks believe to be a bearish channel. Your human eyes can see how Palantir rejected the upper trendline on 11 October and 21 November. I marked these price points with red ellipses. The channel had some bullish aspects when the bottom trendline acted as a support on 02 November and possibly today. Look at the left green arrow. Palantir's last rally related to this point. Today, the stock is near the same trendline again, and there's a chance that it can reignite a similar rally. The white arrow shows this possible scenario. I, however, feel skeptical that history would repeat itself.
Ensembling Technical Indicators
I asked different AIs to weigh technical indicators to represent their opinions. I ensembled the results of these AI opinions and selected MACD, RSI, and volume to simulate AI's insights in a way you can reproduce on your chart without AI. From declining volume bars I suspect the continuation of the bearish trend. The price action has been bearish over the last week, and I can't see the volume to reverse it. I can see extreme sell volumes every now and then, but they seemed to escalate the bearish trend. I don't see where the orders are that could absorb the end of the bearish trend. RSI tried to make a bullish cross below the volume indicator, but it happened to be a failed cross. RSI reversed as it crossed the SMA, which suggests a lack of bullish momentum. The potential bullish signal turned out to be an indication of how weak bulls are. At the same time, MACD has been going on the bearish side with a strong momentum, and periodically pulsing bearish momentum without signs of weakening. Overall, these indicators simulate what my AI bots believe about the market. Their ensembled opinion seems to be a bearish continuation.
Chart Explanation
I already explained the red bearish channel, the channel contacts, the indicators, and a potential bullish scenario, but I think bears enjoy a better risk-reward ratio. Theoretically, channel breakdown could pull the price into the support level of 13.2. I've got a green line at this level. Thus, the target price of a short could be within the green box around this level where the bearish trajectory's red arrow shows. The stock might reverse or not at this level. I'll have to reassess if I see the playout of my bearish expectation.
Conclusion
Ultimately, the direction of Palantir's stock price will depend on a variety of factors, including the company's financial performance, the overall market conditions, and investor sentiment. It is always important to do your own research and consult with a financial advisor before making any trading decisions.
Kind regards,
Ely
GOLD INTRADAY SWING FORECASTOkay, so eventually i realized some more knowledge on time advantage
you can only trade based on time, but the cycle sometimes out of phase..
so what you only need to do is to combine time cycle and volume
Few knowledge, that i will share at this post
1. every 8PM (UTC+7) (H3 TF), a trend tends to change. I've found that the volume will significantly change at that specific time, causing a volume imbalance between buyers and sellers that eventually will lead to a trend change after a couple bars.
2. Because you know that reason, you can calculate it with math or just by using geometric object, in this case i use a special algorithm rather than use that, so i can count it almost perfectly to smaller TF..if i'm being greedy i could count it with M1 TF
3. I will not give you a perfect timing, but rather a time cycle guidance which i never know will it work in the future. Had been backtested with 97.8% correlation
Cheers, Chartwatcher1997
open ai is a nice fun toolpeople have used it to cheat on university exams. people with no coding experience have used it to develop software. people use it to penetration test vulnerabilities in networks. its all cloud based supercomputing. does this mean openai is going to change the world? no. does it mean microsofts cloud computing business is saved? no. does that mean its a good investment? yes. obviously bulls got power bomb suplexed back into the dirt at the end there, but its as if they dont care. as long as were buying the rumor, selling the news, im going to assume theres more rumors, and more news. aquisitions and debt to assets peaked after trumps election, and were rubbing up against corona bottom anchored vwap, and top of regression. if these metrics continue bull, im long, and if we resist and move lower im bear.
Supply & Demand patterns on the market + Ultra High Volume ZonesIn this video I am presenting the approach of identify and trade incoming supply and demand signals, as a modification of VSA methodology. I explain more also about importance of spotting places, where unusual high volume takes place. Enjoy!
QQQ: 2YR Daily Macro Data & Popular Indicators For ML AnalysisThis chart was created to accompany a blog post which explores leveraging machine learning (RNN: LSTM) using Tensorflow Keras and SHAP to determine which factors (indicators and correlations with Macro, such as oil futures prices, Fed Funds rate, consumer spending, etc) are found by the model to be the most predictive in nature.
Findings will be posted in the comments.
Deep Learning AI's Ascending Channel - A Neuralnet AnalysisDeep Learning AI's Ascending Channel - A Neuralnet Analysis
Target: $37k.
Chartpattern: Parallel Channels (Ascending - high probability bearish breakdown)
Technical indicators support: Relative Strength Index (RSI - bearish divergences)
AI painted the chart using TradingView's native charting tools.
Analysis: we used Google ML "Firebase" Toolkit, OXYBITS Space Invariant Artificial Neural Networks.
100% bots, zero humans, DYO before investment.
AI's Broadening Wedge, Bearish TargetDespite all the up spikes, it's not out of the trap.
Wait for the bearish response.
Technical indicators support: Relative Strength Index ( RSI - bearish divergences)
AI painted the chart using TradingView's native charting tools.
Analysis: we used Google ML "Firebase" Toolkit, OXYBITS Space Invariant Artificial Neural Networks.
100% bots, zero humans, DYO before investment.
Fibonacci would buy BTC. Wouldn't you?Fibonacci would buy BTC. Wouldn't you?
What happened?
The market only retraced from the resistance to support.
There's no crash. Don't worry.
- RSI is oversold.
- Price is below all 4-h Fibonacci levels (=oversold).
- The markets sit on a support trendline.
- Linear Regression:
-- Every time it happened, BTC pumped sharply.
Target: $41k.
(This is an AI-written analysis. No humans were involved. DYR.)
AI's Falling Wedge Pattern. Russian-Ukrainian War update.AI's Falling Wedge Pattern. Russian-Ukrainian War update.
BTC consolidates in Falling Wedge.
If it breaks out (again), the price can hit Target 1, 2.
Bullish RSI divergences support AI's vision.
The structure is the same as our previous idea.
Only the price fled returned into the safety of the wedge as Russia invaded Ukraine.
Open Tutorial ⚪ How To Never Lose Money? "Losing is the part of the game."
- said the loser and kept losing.
Are you a loser?
Or do you open your mind?
Losers lose because they BELIEVE in their loss.
They refuse to comprehend reality.
In reality, you can't learn from failures.
A loss is a loss.
Nothing more.
In truth, you can learn only from successes.
But what if you only lost so far?
Good news:
It doesn't have to be your success.
You can learn from the success of others.
Let's specify an ideal strategy.
The ideal strategy is never wrong.
You don't have to know this strategy.
It suffices if it exists.
Somewhere.
To someone.
We experimented with pattern matching + AI a lot.
Our theory:
Wedges can approximate any strategy.
You can draw wedges.
You don't have to know an ideal strategy.
Yet you can approximate it with wedges.
Is it possible to learn this power?
Not from a Jedi.
What we know:
It works on all major cryptocurrencies with USDT.
+100% profit on BTC/USDT:
It works on altcoins.
+200% profit on XEM/USDT (x10):
It works on cryptocurrency-cryptocurrency pairs.
+300% profit on TVKBTC (x10):
Thus, +100% success rate.
More than +700% profit.
All within a week.
"One stoke, two halves."
- said the winner and kept winning.
CADCHF; MLS (Autonomous Machine Learning System) FX SignalsAll the signals in this post are generated by the Autonomous Machine Learning (Neural Nets) System, from this post;
Note; While that system is not, yet, integrated into TradingView, we will attempt to push the signals directly into this post, in a timely manner.
EURGBP; AMLS (Autonomous Machine Learning System) FX SignalsAll the signals in this post are generated by the Autonomous Machine Learning (Neural Nets) System, from this post;
Note; While that system is not, yet, integrated into TradingView, we will attempt to push the signals directly into this post, in a timely manner.
NZDCHF; AMLS (Autonomous Machine Learning System) FX SignalsAll the signals in this post are generated by the Autonomous Machine Learning (Neural Nets) System, from this post;
Note; While that system is not, yet, integrated into TradingView, we will attempt to push the signals directly into this post, in a timely manner.