Video cards out of stock everywhere..possible bull casewhat happened to NVDA in 2017 when everyone was buying out video cards to mine bitcoin?
SALES UP
Nvda_analysis
NVIDIA shall drop and rise like the phoenix!In light of market volatility, I'm expecting $NVDA to be a downward trend (see the SELL signal and 8 confirmations) to their low FIBO retracement,
and then bounce off from support and rise towards earnings runup.
Happy Trading, from CJ -- aka the greatest FURU.
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Closing this long positionthe price entered the cloud there is no point to be long on this right now according to the cloud
NVDA - Buy at $514.50I will personally buy NVDA when it goes
below $515.
Call options, strike $520, expires in two weeks.
You'll thank me later, good luck everyone!
NVDA Case studyTwo possible cases in the coming months, I will be playing butterfly contracts on both sides giving an average return of 12-15x. NASDAQ:NVDA
Nvda ShortIn current situation i see NVDA in a huge uptrend with huge unfilled Gaps, and those gaps perfectly meet the fibonacci retracement of 38.2 and 61.8-78.6 level only if the top is 590.
Therefore i think Nvda will long till 590 and find resistance and retrace to those gaps. Giving good opportunities to buy long later on.
Right now its risky to sell, and always its better to long in tech stocks.
NVDA CORRECTION MORE BEARS TO COMENvidia is pulling back, no prominent reason or news article that could have caused this, that leaves the next possible scenarios:
- NVDA was rated overvalued by many analysts and is now drawing back
- Covid market volatility is causing unpredictable movements
- Upcoming US elections, many worry about the China tension
According to the chart we are close to the first possible support. However if that level doesn't hold, next support line is only around $485.
Yahoo Finance estimates a -21% pullback as an overvalued stock. That leaves us at roughly 418.
eToro estimates a low of $400.
However, the long term outlook is still positive.
Monitor these 4 indicators to look out for a trend reversal and buy the dip as low as you can.
Hit like if you found this helpful.
Thanks, Ev
$NVDA - Target $585 or $546BUll Case: Cup & Handle break-out & hit $585
Bear Case: Retest $546
I hold $555 puts for this week.
NVIDIA CORP signal buy , NVDA Stock a buy opportunity
the purchase from the second green candle has two reasons: the breakout of the VWAP indicator and the interesting volume compared to other volumes this means that this market is at the start of its uptrend, therefore a buy signal
if you agree with this analysis like it and comment to encourage me
the pro analyst
NVDA Nvidia Exciting Upward Trend! NVDA (Nvidia) is an exciting stock to be in. Given their processing tech and the ability to branch into many cloud businesses such as gaming, processing, and storage, their technology has become a necessity, and demand consistently exceeds supply.
I got into NVIDIA as a long-term growth play when it was trading at $360. The breakout above previous ATH with volume was an obvious signal to buy, along with STRONG fundamentals and macroeconomic environment making it a recipe for the next rocket.
I don't typically buy into overbought stocks, but with the environment around stocks like TSLA and AAPL making it obvious a tech bubble was forming, it looked like a stock that wasn't getting as much attention yet given the news cycles were sparse, and product launches upcoming in Q4 were going to be great fodder for future growth.
I played it right, and the stock went all the way up to $585, now in a correction pattern.
Based on the Fib extensions and Elliot wave patterns, this is a very healthy growth stock with potential to shatter its ATH in the next 6 months.
Disclaimer: I am not a professional and I draw charts for my own education and keeping track of my trades to know when to get in and when to get out. I'm always open to constructive feedback so feel free to share your thoughts in the comments. Thank you!
NVDA Short term pull back | Week #38Currently NVDA has pulled back from upper Bollinger Band in week #36. As of 09/11/20 RSI is 74.77 which is very elevated (or in over bought territory for charts that use reading above 70 as over bough). MACD is in long term uptrend with no crossover so this short term pull back is just investors / traders booking gains. Stock might find support at $425 since that was the ceiling which was reached multiple time in July and was broken in 1st week of Aug. If that doesn't act as support then next stop is $395 which is 161.8% fib retrenchment level which implies a further 18.82% downside from Friday (09/11/2020) close.
(This analysis is just my point of view. Trading involves risk. Do your own research before trading)
NVDA earning play BEFORE / AFTER1 - $NVDA is still on up trend, technical is looking very good shape.
2 - However, $NVDA is need a small pull back due to exhaust long up running.
3 - Still looking good for long term
4- Looking perfect for entry before Eearning Report
Nvidia Hits Major Resistance Level.AMD and NVDA are both hitting a top of channel Resistance on larger timeframes.
I am looking at $460 for a potential short on nvidia.
I will play a tight stop and see if it can break above the channel.
If it did break above you would want to see it establish a new support level above old Resistance, then you could play it going up.
But for now I will stick to the rules and look at this as a potential reversal. If sellers stepped up we could see a potential 20% retracement. Risk a little for a potential bigger move down.
The spx500 is almost back to all time highs, I don't think we will blow right through. We could see some correction in the markets first, then we can see where we want to establish support. It will be an interesting month.
Best of luck
$NVDA Earnings Play | What's The Move NVDANvidia ($NVDA) Gains But Lags Market: What You Should Know
Technical Analysis Going Into Earnings | NASDAQ:NVDA
The Plays:
- Bullish Call: $400 Call 8/21 | Currently sitting at $1783 (preferably we will wait for a down day to enter) Thinking $400 will be a solid sell wall.
- Bearish Put (entry late August): $350 Put 12/18 |Patience will pay
My standpoint on NVDA is rather bullish , sitting up 20% from pre-covid highs. If we breakout, we will look to play the continuation without a strong set target.
Zooming out we can see a iffy rising wedge formed, will this be enough to contain the beast & send it down?
(rising wedge: formed 391 days ago)
Quick News Updates:
NVDA will be looking to display strength as it nears its next earnings release. In that report, analysts expect NVDA to post earnings of $1.95 per share. This would mark year-over-year growth of 57.26%. Meanwhile, our latest consensus estimate is calling for revenue of $3.65 billion, up 41.71% from the prior-year quarter.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.66% higher within the past month. NVDA is currently a Zacks Rank #2 (Buy).
NVIDIA still generates the largest share of its revenue from gaming, but it's no longer just a gaming company. It's applied its expertise in computing power to data centers, a key component of the red-hot cloud computing space, and to the market for artificial intelligence (AI).
DotcomJack | DM Always Open
Do not trade this, I am not a trained professional nor am I a financial advisor
BUY NVDA 06.07.2020Hello traders, as we seen sense 2000 the market is growing and growing, that's really amazing, and volatility as well, so next month we will have only bullish trade be sure about that, in probabilities of 90%. the price will reach the R line, till then i will put analyses about what will be next.
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
NVDA Call signalNVDA is following a nice channel, recently started bouncing off the bottom of the channel and is a good catch as of right now, I called this in the groupchat at 378.29, My long goal on this call is 403.75, Im giving that goal a min of one month and a max of 2 months to reach its target!
The group chat is having a 20% sell for the 4th of july ( Use coupon code: "July4" ) and will go on until sunday the 5th. I would , love to see anyone who supports my posts join our group and make even more money with us as we grow richer and richer by the day: If your interested join through DMing me
All you'll have to do is join the discord, then go to free chat room and type upgrade and set up your membership.
And of course Direct message me with any questions you have!
ANALYZE: NVDAafter breakthrough the strong support line, high probability to the trend go down to test the support line
