Nvda_analysis
NVDA - Continued Bearish SentimentBack in March, I estimated that NVDA had topped out and I was estimating that it would retreat back to approximately $100 - Well, it would appear we've cut a significant amount of value off the stock price and markets are continuing to dive.
What next?
From this juncture, I believe July is possibly going to be bullish, but I will continue looking for shorts. I am not interested in getting any long term options on NVDA right now and anything options related would likely be a day trade (which I've been killing recently). I will be looking to short the rips for now and it's possible we see a move up to $200 before any more significant downside. For what its worth, we closed last week right on the 200 WEEKLY Exponential moving average (which is at 142.90). The 200 simple moving average is at about $121. Both of these should offer some kind of support. NVDA hasn't traded below these two important moving averages since late 2013.
But the markets are dying!
If you're in the worst case scenario camp, you can reasonably expect NVDA to revisit the lows from 2020 and a move down to about $50 is on the table, though I am not that bearish.
NVIDIA - key support FAILEDNVIDIA
Short Term
We look to Sell at 159.72 (stop at 170.83)
Our bespoke support of 156.00 has been clearly broken. Preferred trade is to sell into rallies. Rallies continue to attract sellers. There is scope for mild buying at the open but gains should be limited. Continued downward momentum from 174.40 resulted in the pair posting net daily losses yesterday.
Our profit targets will be 126.78 and 119.10
Resistance: 156.00 / 196.00 / 210.00
Support: 150.00 / 126.00 / 120.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$NVDA ahead of earnings - how to play it with options$NVDA reports earnings next week. The chip manufacturer had a poor performance in the past few months as its stock price halved. Expectations are quite low going into the report. The chart is getting very tight. In case of a beat, we may witness a disproportional move to the upside. The first big resistance area is $200-210. We bought some $185 calls for this binary event. Never take stock into earnings in order to avoid possible big drops. In case we have a pre-earnings rally, we will look to create a spread by selling the $200 calls.
NVIDIA: Fangs still down!!NVIDIA
Short Term - We look to Sell at 179.80 (stop at 197.51)
The primary trend remains bearish. A move higher faces tough resistance and we remain cautious on upside potential. Selling spikes offers good risk/reward. Further downside is expected.
Our profit targets will be 141.02 and 130.00
Resistance: 180.00 / 190.00 / 200.00
Support: 170.00 / 160.00 / 150.00
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It's broken through support - whats next for Nvidia? NVIDIA
Short Term - We look to Sell at 212.65 (stop at 225.34)
Our bespoke support of 210.00 has been clearly broken. Closed below the 20-day EMA. Mixed and choppy price action resulted in the early move lower being sustained and prices closing lower. The 61.8% fibonacci extension level is the target.
Our profit targets will be 160.25 and 124.10
Resistance: 210.00 / 250.00 / 290.00
Support: 190.00 / 160.00 / 150.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NVDA short should drop in price to 190-195NVDA SHORT 21/04/22 07:00 GMT
14 year old English trader trading on demo accounts currently gaining experience in the markets.
NASDAQ:NVDA should drop to around the 200-205 price mark because of many factors such as inflation, monetary policy tightening, and current market sentiment.
NVDA has been deeply affected by the current market sentiment dropping 19.65% in the last month. This large price drop was caused by many things such as inflation, inflation usually negativity impacts growth stocks and positively or neutrally impacts value stocks and as NVDA is a high growth stock it has some of the best growth aspects in its sector. So, inflation has caused a large downfall for NVDA and the way the fed is aggressively trying to combat inflation suggests there is a hard landing coming for the markets. Soring electricity prices has caused NVDA to have higher operating costs. One single semiconductor factor takes up 100 megawatts per hour and usually run between 10-12 hours in a day taking around 1,100 megawatts per day. Which means it could deeply affect their earnings this quarter causing their stock price to fall. NVDA will continue to drop because of these reasons and as the Ukraine war continues on NVDA earnings will continued to be affected. NVDA is a strong buy for longer term but during this bear market with potential of recession of 35% in the next to year (predicted by Goldman Sachs) and the aggressive fed combating inflation has never been done before without a full-blown recession which suggests a tough period for the market is coming as well as NVDA
Market wrap 9:00 GMT
NVDA is currently at 20.65 which I predicted earlier the chance that NVDA ends up in the positive quite high as it is classed as oversold by the RSI which could pick up a lot of potential buyers but I can see NVDA trading between 205-195 price region over the next few days. The main reason why NVDA’s stock dropped 6.05% today was because of the death cross which is when the 50-day moving average moves below the 200-day moving average which suggest this bear market is here to stay and NVDA’s stock will continue to drop. This suggest to us that this market is not going to be short term and as the us ten-year bond rose 2.93% today which will negatively impact stocks because they usually are inversely propionate. This is why I believe NVDA should drop even further to around the 190-195 price level which could be another opportunity for a buy position I believe over the next few days the stock could rally 3 or 4% which could be a good opportunity to short.
Semiconductors stocks such as AMD or intel. AMD has dropped by 22.05 % in the last month and suggests a strong sell signal as it hit below 90 per share today. Intel has dropped 2.03% in the last month but as it is a more mature company this is expected. This suggests to us that the semiconductor market is set to fall even further as the reason I mentioned early about high energy prices causing semiconductor companies to have a negative impact on their earnings. Causing people to take short positions in these companies. This also shows the impact of inflation on growth stocks as I talked about earlier
To conclude I do not believe that NVDA will have a complete trend reversal against the S&P in this current bear market and will continue to fall has an influx of negative news continues to be delivered on inflation and energy prices. As well as the increasing fear of a recession approaching.
Nvidia Long Off Support? NVIDIA
Short Term - We look to Buy at 211.77 (stop at 202.40)
Preferred trade is to buy on dips. We are trading at oversold extremes. We look for a temporary move higher. Although the anticipated move higher is corrective, it does offer ample risk/reward today.
Our profit targets will be 240.26 and 284.00
Resistance: 250.00 / 300.00 / 340.00
Support: 210.00 / 190.00 / 160.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$NVDA**$NVDA** off the 4hr chart we are looking like another super banger. I will look to take position here after we pop in the am sometime 264.84... So if you have DT capabilities you can start with a quick scalp from the current position and grab this 4-5pt move. Then grab the some short action into a possible swing for one of those high percentage performers! Target 248 and then possible runners at 240 and 230.
LONG TO SHORT OR JUST WAIT FOR THE SHORT
NVDA triple bottom on the 1hrNVDA with a massive triple bottom on the 1hr , also the last time the MACD was this low and about to cross we jumped from 210ish to 270 in 7 days.
Both RSI and Stoch are heavily oversold and are about to fly back to the upside. Assuming we are beginning to consolidate while using a fib ext we could see a bounce up to the 300 to 320 mark in the coming days, weeks, to say the least I am super bullish on NVDA right now. With ongoing semi conductor shortages clogging up the market I only see prices on things like gpus to rise, this will reflect very well on the balance sheet and will allow a lot more industry volume to funnel right into the hands of the giants like NVDA...
NVDA, We are moving in up trendHello guys
According to the chart you can see the price is moving downward trend and it has need more correction to have good R/r then we have permission to take short position until the target.
You should take signal at first then dont forget use stop loss and observe to your capital management.
Take a look on volume guys dont forget to check it, And dont forget to risk free and manage your position.
Everything is shown on chart, If you have question send us messages
Good Luck
Abtin
NVDA Breakout!Looks like we finally have a nice breakout on NVDA. Today we broke trend resistance with above average volume and held over the 200SMA
Being one of the strongest stocks in the market NVDA could see some serious upside if the market decides to rally.
Every $10 will be key levels to wait for a dip and start buying. We could see upwards of $280