NVDA Wave Count: Wave 3 Targets Above $125, Breakdown Below $123Hey traders, it’s Mindbloome Trader here with an NVDA wave count from the 4-hour to 30-minute chart. If we break above $125, we’re aiming for wave 3 on the upside. But if we drop below $123, we could see more downside action. Stay sharp and trade what you see!
Nvda_analysis
NVDA Key Levels: Long Above $125.17, Short Below $123Hey traders, Mindbloome Trader here! Just sharing my latest NVDA chart—if we break above $125.17, I’m going long. But if we dip below $123, I’m ready to short. These levels are key, so keep an eye on them. As always, trade what you see and stay sharp!
30 Min- 5 Min NVDA We are Going Up But to Where ???? Good morning Traders
Everyone has a coffee in hand lets get into it
So in the video I break down a bit more wave counting, a few projections on where we are going up and where we might encounter some resistance plus our thesis is still in check on hitting 128-129 zone like we discussed before.
Enjoy
MB trader
#NVDA: Is price going to hit 200-210? Let's wait and seeDear Traders,
First of all, we are mainly looking at the technical and we make decision on what we see on the chart. That is why in our view, behaviour of the price has shown us that there is possibility of swing buy coming and it can be one of the big buying opportunity/investing opportunity. Please this is no guarantee and do your own research before taking any entries.
Nividia How HIGH ARE WE GOING; 135 is on the horizon Good morning Traders
Hope you got your tea and coffee ready I recorded a long video for you to give you the scoop from 4 hour all the the way to 30 minute
First in store we continued with our wave counting: which we always love :)
Second did some projections from our four hour and 30 minute time frame going up
Third we put on a pitchfork to wrap it up like a present
and for a bonus I threw in where we might expect time wise to hit these levels
Enjoy
If you have any feedback on what you like , what you want to learn more about or even what you dont like post it below.
My simple goal is if I can make better videos for you which helps you become a better trader
Happy Hunting for those trades
MB Trader
Yahoo
NVIDIA - A leading Indicator for the AI trend and market NVIDIA - NASDAQ:NVDA
🟣The upper purple parallel line is acting as resistance to price at present. A rejection from this long term purple line may be an early warning signal of a significant correction. A break above it would suggest continued positive momentum.
⏳In combination with the above considerations, a breach down and out of short term parallel channel would be a secondary warning signal of a trend change to the negative.
⏳Falling below the 50 week SMA (red) would be a third confirmation of a negative trend shift.
Obviously these levels could all act as support but if they are lost one after the other (price falling below them). It could be an early warning sign of this AI trend slowing.
✅Otherwise, a repeated 142-152 week bull trend out to June 2025 or April 2026 probable for now.
Why Watch Nvidia closer than the rest?
▫️ Apple, Microsoft and NVIDIA are the top three largest companies in the world by market cap. Collectively they are almost $10 trillion worth of market capitalization. That is almost 22% of the total market cap of the S&P500 Index, so all 3 are worth watching for warning signs or positive momentum.
▫️ Nvidia could lead the market as it is providing the shovels (graphics cards) for the AI data digging/sorting and general compute/data storage. If their performance starts to wane its a signal of less digging/sorting and a slowing of purchases from NASDAQ:AAPL , NASDAQ:MSFT (indicating slowing growth in both). Keeping a close eye on this chart could provide the early warning signals of a trend change, both on the AI front and the entirety of the market cycle.
There is no guarantee of the time sequence continuing on this chart however, these cycles tend to rhyme over time. I hope Nvidia breaks above the purple line at the top of the current long term channel. At present it is stiff resistance, and if price is rejected from here lower, this could be an early warning sign of the a market correction.
Remember, you can check in on this chart and press play to get updated data at any time by clicking the link in the comments below or by following me on TradingView.
PUKA
NVDA Full Analysis covering all angles on Where NVDA will go Good afternoon Traders
In this video its less of an explainer video and more me putting my tools onto NVDA from the Weekly to the 4 hour to show the levels on where NVDA for the coming week and why.
If you have any questions. comments or want me to make any videos in particular more than happy to
happy hunting for those trades
MB Trader
NVDA: 4 hour-30 Min HOW Deep Will We Correct ? Happy Weekend Traders
I made a quick video for you in the relation NVDA
I can see the following scenarios playing out so keep your eyes peeled on these levels:
1) From 120.56 we hold and go up
2) We go down to the 61.8 percent retracement @ 118.45 hold here and go up
3) We go down to 112.88 where we can sky rocket back up from here or start breaking further South
If you have any questions, comments let me know. I will be doing a few training videos on the different tools I use to see the market with if your interested let me know
MB Trader
Happy Hunting
Nvidia still in a sequence channel Indeed, Nvidia is respecting the sequence of the bearish channel and bounced at point #5, moving downward.
Now, even though Nvidia is dropping, it remains quite strong. Could we see a rebound at the following levels?
113.50 to 115.25 (marked in the green zone)
If Nvidia bounces at these levels I mentioned, we will very likely see a channel breakout in the coming weeks.
But! If the price surpasses those two levels I mentioned, we could very likely see Nvidia testing the blue GAP zone for the third time or approaching point #6 (channel support).
Let’s see what happens this week.
Thank you for supporting my analysis.
Again? NVIDA will experience another surge?
Nvidia is forming another symmetrical triangle pattern.
My answer for the topic is yes!
First of all, it is moving in a bullish market overall speaking, so it probably will have a rally if it could break above the symmetrical triangle pattern. it indicates the end of this medium term pullback, and bulls will control the market next.
of course, there are still some important resistance levels above the current price, so we will Continuously follow up, and see what gonna happen!
NVDA next possible buy spotNASDAQ:NVDA AMEX:SOXS
NVDA is in an ascending triangle pattern (bullish) with cci not showing overbought on the 1hr, 4hr, and 1d. MACD signal is still above on the 4hr and daily.
SOXS has recently broken downwards and retested the support turned resistance.
This shows that we are headed towards a bullish momentum for NVDA.
If I had to make a guess on what will happen next I think that it will go to 125. Either consolidating and breaking out upwards going ath or hit 125 and go back down to 105 - 110 (major support). This is all an assumption GL!
also ive predicted the past 2 swings on my previous ideas.
NVIDIA's Stock Surge 4% today: A Deep DiveNVIDIA Corporation (NASDAQ: NASDAQ:NVDA ) witnessed a significant surge of 4% today, driven by a groundbreaking partnership with Alibaba Group Holdings Ltd. ( NYSE:BABA ) aimed at advancing artificial intelligence (AI) and autonomous driving technologies. This collaboration marks a pivotal moment for NVIDIA (NASDAQ: NASDAQ:NVDA ) as it capitalizes on the relentless innovation in the AI sector, which analysts predict will sustain demand for AI chips in the coming years.
The Story
According to CFRA Research analyst Angelo Zino, the AI computing paradigm is gaining momentum, and major cloud service providers are ramping up investments to avoid falling behind. Zino's insights reflect the broader market sentiment, emphasizing that the growth in AI chip demand will likely be exponential. He stated, “Lack of monetization won't keep hyperscalers from investing in artificial intelligence,” underscoring that robust cloud and digital ad spending will continue to fuel this demand.
NVIDIA (NASDAQ: NASDAQ:NVDA ) remains one of Zino's top picks among AI chipmakers, alongside Broadcom (AVGO) and Marvell Technology (MRVL). His price target for NVIDIA is set at $139, suggesting considerable upside potential. This bullish outlook is further supported by NVIDIA's impressive data center revenue growth, which soared by 154% year-over-year to $26 billion, driven by strong demand for Hopper GPU computing and networking solutions.
Adding to this positive narrative, NVIDIA CEO Jensen Huang recently completed a significant trading plan, selling 6 million shares but retaining his position as the largest individual owner of NVIDIA stock. This move may reflect confidence in the company's long-term prospects, despite short-term trading activities.
Technological Advancements: The HMAX AI Solution
The recent launch of Hitachi Rail's HMAX (Hyper Mobility Asset Expert) AI solution, powered by NVIDIA technology, further highlights the company's pivotal role in optimizing transport operations. This all-in-one digital asset management platform leverages AI to enhance asset performance and streamline operations for transport operators. By combining live data collection with advanced AI tools, HMAX allows for real-time processing, significantly reducing the time needed to analyze data and generate actionable insights.
Technical Outlook
As of the latest trading session, NASDAQ:NVDA is up 3.48%, with a moderate Relative Strength Index (RSI) of 54, indicating potential for further growth. The stock has recently experienced volatility, oscillating within the $100 to $120 range. However, if NASDAQ:NVDA manages to hold above critical support levels, particularly the $111 mark, it may set the stage for a bullish breakout.
Investors should watch for key price movements in the coming days. If the stock consolidates and successfully bridges the support of $111, it could dip to the one-month low support before gaining momentum toward new highs. This technical setup suggests that there may be ample room for upside movement as the market digests the implications of NVIDIA’s strategic partnerships and ongoing innovation in AI technologies.
Conclusion
In summary, NVIDIA's recent partnership with Alibaba positions it favorably in the rapidly evolving AI landscape, supported by strong fundamental growth and innovative technological advancements. Coupled with a robust technical outlook, NASDAQ:NVDA stock appears well-poised for future gains. As the demand for AI computing continues to rise, NVIDIA's role as a market leader is likely to solidify, making it an attractive investment opportunity for those looking to capitalize on the AI revolution.
NVDA - Still Bullish, But Major Potential Sell Signal LoomingThis week in NVDA I am paying attention to the following:
-On the monthly timeframe, we see that there is a significant bearish divergence setup forming. This has not yet triggered, though, so the bulls can relax (for now). However, in 7 days when the Monthly candle closes, we need to pay close attention to the CCI divergence. If it confirms, it implies a MAJOR bearish correction for NVDA is on the horizon.
-But in the meantime, everything is all systems go for the bulls. If you trade based on the Monthly, any pullbacks into the $88 region (Monthly MAC low) would be satisfactory spots to look for Buy triggers on the Daily timeframe. The Williams Acc/Dis is positioned well above its 57 period MA, which means we should look to buy any pullbacks into the low of the MAC.
-Weekly analysis also implies all is good for the bulls. I will look for Buy triggers on the 6H chart if price pulls back into the $107 region (Weekly MAC low).
-For fun, I throw some cyclical analysis into the mix. We see that NVDA has a strong seasonal cycle for an upmove from early October into November.
Thank you for reading. Enjoy your week.
NVDA MICRO ANALYSIS TO LOOK FOR ON WHERE WE ARE GOING Good evening traders,
It's super late here; however, I wanted to inform you of some levels with this video to give you the information needed to make a better trade.
Based on what I see, we can do the following:
-Correct up to the middle pitchfork area and head back down.
-Correct up to the 50%, 61.8%, or 78.2% fib line and back down.
-Break all those levels up and keep going to 145.
Let me know what you think of the video: questions, comments, what you liked, didn't like—let me know in the comments below.
Happy hunting,
MB Trader
NVDA 4 hour : How High Are We Going????Good morning Traders
Today's quick video I look at the four hour approach on the different things this market can do:
1) We go the top then retrace down
2) We break the Top and then retrace then back up to 122 range
3) We hold on the top and then we make a tight triangle holding this market in then we see a break up or down
Enjoy the video
Any comments or questions let me know
Happy Hunting
MB Trader
NVDA: Weekly to 4 hour: How low are we going: Correction ? Good morning Traders
Hope everyone had a great weekend of trading:
I created a video to give you a gauge on where NVDA is going. We have an correction but is it true correction is the question.
Let me know what you think of the video, comments are always welcome.
Happy hunting
MB Trader
Nvidia - A Correction Of -50% Is Starting!Nvidia ( NASDAQ:NVDA ) is reversing at a strong resistance:
Click chart above to see the detailed analysis👆🏻
Last month Nvidia already corrected about -35% but managed to close with an indecision doji candle. However, previous cycles, the recent rally of +1.000% and the fact that Nvidia is retesting a strong resistance trendline all suggest that Nvidia will still move much lower soon.
Levels to watch: $100, $55
Keep your long term vision,
Philip (BasicTrading)
NVDA - One More Bounce Before Potential Drop!I’m anticipating a bounce on NASDAQ:NVDA at this level. Despite the prevailing bearish sentiment, I’m inclined to take this trade, as many are predicting further declines. I’m expecting one more bounce, potentially forming another lower high, before a drop to the sub-90s.
This is a critical juncture for me, so I’m opting to capitalize on the opportunity now.
The trade is set for this week.
Nvidia Stock Analysis: A Rally Amid Divergence & Strategic MovesNvidia (NASDAQ: NASDAQ:NVDA ) stock has seen notable volatility recently, rallying 6.6% despite mixed performances from its peers in the so-called "Magnificent Seven" stocks, which include Apple, Microsoft, Google, Amazon, Meta, and Tesla. These tech giants dominated the market in 2023, but the third quarter of 2024 has seen divergent returns and significant selling pressure, causing a rebound in Nvidia's stock after hitting early August lows.
Nvidia’s influence on the Nasdaq Composite and S&P 500 indexes is considerable due to its large market cap. The stock’s current performance and future prospects are under the microscope of investors and analysts alike, as Nvidia continues to navigate both technical and fundamental factors that could shape its near-term trajectory.
Beating Estimates and Strategic Advances
Nvidia (NASDAQ: NASDAQ:NVDA ) recently beat Wall Street’s estimates for its fiscal second quarter, reporting adjusted earnings of 68 cents per share on sales of $30.04 billion. This was well above analyst expectations of 65 cents per share on sales of $28.74 billion. The company’s earnings soared 152% year-over-year, while revenue jumped 122%, showcasing the strength of Nvidia’s business amid the growing demand for AI and high-performance computing chips.
Additionally, the U.S. government is reportedly considering allowing Nvidia to export advanced chips to Saudi Arabia, potentially enabling the country to train and run powerful AI models. This move, reported by Semafor, would further bolster Nvidia's sales pipeline and extend its reach in the global AI market. Saudi Arabia is making efforts to comply with U.S. security requirements to expedite the acquisition of Nvidia's advanced H200 chips, which are already being used in OpenAI’s GPT-4o, a cutting-edge multimodal platform.
The Biden administration’s recent restrictions on AI chip exports, aimed at limiting China's access, have opened strategic opportunities for Nvidia to expand in Middle Eastern markets like Saudi Arabia, provided these nations comply with U.S. regulations.
Technical Outlook
Technically, Nvidia stock (NASDAQ: NASDAQ:NVDA ) is showing resilience. Despite the recent dips, NASDAQ:NVDA has rebounded 6.22%, currently attempting to rise from the August low of $90.76. This recovery is supported by the Relative Strength Index (RSI), which stands at a healthy 54.98, indicating the stock is not in overbought territory and has room to rally.
Nvidia’s stock is trading above key moving averages, including the 50-day, 100-day, and 200-day moving averages, reinforcing its bullish outlook. The ability to maintain these levels despite recent market turbulence underscores Nvidia's strong market positioning. The stock’s 10-for-1 split, which took effect in June, has not dampened investor enthusiasm, as NASDAQ:NVDA continues to attract buyers looking to capitalize on its ongoing leadership in the AI and semiconductor industries.
What’s Next for Nvidia?
Nvidia’s future appears bright, driven by robust earnings, strategic market opportunities, and technical strength. However, investors should remain vigilant of potential risks, including regulatory challenges and broader market volatility that could impact the stock’s short-term performance. With U.S. authorities closely monitoring AI chip exports, any changes in policy could affect Nvidia’s international growth prospects.
Investors should also keep an eye on Nvidia’s ongoing innovations in AI, gaming, and cloud computing sectors, which continue to drive revenue growth and market leadership. As the company looks to capitalize on emerging technologies and new markets, Nvidia's stock is positioned to benefit from both fundamental and technical tailwinds.
Conclusion:
Nvidia’s impressive rally and resilient stock performance amid market fluctuations underscore its dual strength in fundamentals and technical. The company’s ability to beat earnings expectations, navigate geopolitical complexities, and maintain key support levels highlights Nvidia as a standout in the tech sector. For investors seeking exposure to a leader in AI and high-performance computing, Nvidia remains a compelling choice with the potential for continued gains.
NVIDIA: Weekly To 30 Minute: Correcting where are we going up? Good morning Traders
Here is my video analysis on NVIDIA at the moment. Have a review and let me know what you think.
The main areas of concern are: 108 and 110 if we break those levels I dont see why the market cant go to 114 range.
Any questions, comments, ideas, want me to share more ideas on any topic let me know.
The trend is your friend and lastly we dont predict the market we follow it.
MB Trader
Strong Analysis on NVIDIA (NVDA)Hey traders, let's break down what's happening with NVIDIA (NVDA) and how I'm approaching this setup.
As you can see on the chart, we had a pretty solid uptrend that got me excited for a while. The green Heikin Ashi candles were flowing nicely, indicating strong bullish momentum. But now, we’ve hit an interesting point where things are taking a turn.
Key Resistance Area
First up, there’s a key resistance zone around $128. It’s no surprise that the price started pulling back right after touching that area—it’s been tested multiple times before, and once again, the bulls struggled to break through. I marked this zone on the chart with an orange box to emphasize how critical it is. It’s like a ceiling that NVDA just can’t seem to smash.
The Pullback
Now, as the price started to dip from that resistance, I noticed a pullback that’s pretty significant. This is where I’m keeping an eye on a potential reversal or further downside action. The sell-off is accelerating, and it’s getting close to an important support zone between $90 and $96.
Support Zone
Here’s the good part: I’ve highlighted a major demand zone between $90 and $96. This area has held up in the past and acted as a solid floor for the price to bounce off. I marked it with a purple box so I don’t miss the opportunity to potentially buy back in if the price bounces.
What’s Next?
For me, the plan is straightforward: I’m waiting for the price to approach the support zone. If we get bullish signals (like a strong green candle or price action reversal), I’ll consider taking a long position with my stop just below the zone. On the flip side, if it breaks below $90, that’s my signal to step back and wait for a clearer direction.
Right now, it’s all about patience. I want to see if the support holds, and if it does, that’s where I’m ready to act. If you’re watching NVDA like me, keep an eye on these levels—this is where the action is happening.
Happy trading, and let’s see how this plays out!