Get started

Nvda_analysis

NVDA: Correction PhaseHello everyone,😉 I’ve put a scenario for the stock 'NVDA' together, which is currently drawing attention. This scenario is based on not only the "Elliott Wave Theory" but also various analytical tools, so please take it into high consideration. ✔️ Wave from $140.76 downward: "Extended Flat" This is an 'Extended Flat' composed of a 3-3-5 structure. The final C wave was completed as an 'Extended fifth wave impulse.' ✔️ Wave from $90.69 upward: "Zigzag" This is a 'Zigzag' with a 5-3-5 structure. The A wave and C wave have a 1.618 ratio, which adds a high level of credibility. ✔️ Conclusion: Projected Path Based on the wave count so far, I’ve drawn the projected path. I anticipate the appearance of a downward impulse wave and used the downward parallel channel and Fibonacci levels to estimate the potential decline range. First support zone: $100.03 Second support zone: $84.57 (very strong) Good luck! This is not a buy or sell recommendation. It is a personal perspective and should be used for reference only. All decisions and responsibilities are yours.
NASDAQ:NVDALong
by Killer_Whales
Nvidia's $279 Billion Slide: What It Means for Jensen HuangNvidia CEO Jensen Huang has seen his fortune plummet, crashing out of the $100 billion club after Nvidia’s stock tumbled nearly 10% on Tuesday. The sell-off slashed $9.9 billion from Huang’s net worth, dropping it to $94.9 billion. Despite this, Huang remains one of the biggest winners in the AI boom, adding $51 billion to his wealth this year alone as demand for Nvidia’s AI chips skyrockets. The Root Causes The dramatic fall in Nvidia’s stock was part of a broader chip sector sell-off, sparked by reports that the U.S. Department of Justice is ramping up an antitrust investigation into the company. Subpoenas sent to Nvidia signal escalating scrutiny into whether the chipmaker has been limiting competition by restricting its clients’ ability to switch to other suppliers. Adding to the pressure, the latest U.S. manufacturing data indicated a slowdown, stoking fears about the broader economic outlook. The Institute for Supply Management reported moderate contraction in factory activity in August, leading to a market-wide sell-off. Nvidia, heavily tied to the AI hype, was one of the hardest-hit stocks. Bearish Sentiment Weighs on Stock Nvidia's stock is now trading near key support levels, with Tuesday’s sell-off marking the largest one-day drop in market value for a U.S. company. Technically, Nvidia’s RSI (Relative Strength Index) dipped below 40, signaling oversold conditions, but also indicating that bearish momentum could continue. The stock’s 50-day moving average sits precariously close, and a breach below could trigger further declines. Despite this setback, Nvidia remains up 118% year-to-date, driven by its dominant position in the AI chip market. Investors have been pricing in exponential growth, which may take longer to materialize, especially given the regulatory headwinds. What’s Next for Nvidia and Jensen Huang? Nvidia’s meteoric rise since the AI boom in late 2022, fueled by the success of ChatGPT and other large language models, is facing its biggest test yet. While Huang’s net worth has taken a significant hit, Nvidia still plays a critical role in the AI ecosystem. The company's strategic pivot from video gaming to AI has paid off massively, but increased competition and regulatory scrutiny could challenge its dominance. As Nvidia ( NASDAQ:NVDA ) navigates these turbulent waters, investors will be watching closely for further developments in the antitrust investigation and any signs of stabilization in the broader market. With Nvidia's future closely tied to AI’s evolution, the coming months could be crucial in determining whether this is a temporary setback or a sign of deeper issues. In the short term, technical indicators suggest caution, but Nvidia’s strong fundamentals and continued innovation in AI could offer a lifeline. For now, the chip giant's journey remains one to watch as it tries to bounce back from this historic slide.
NASDAQ:NVDAShort
by DEXWireNews
Nvidia - The -60% correction is starting!NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower. Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive channel resistance, repeated the previous bullish cycles and is preparing for the next correction cycle! Levels to watch: $120, $50 Keep your long term vision, Philip - BasicTrading
NASDAQ:NVDAShort
by basictradingtv
51
NVIDIA Technical Analysis And Forecast For This WeekNVIDIA Technical Analysis And Forecast For This Week NVIDIA has recently experienced a pullback following a less-than-optimistic forecast for the upcoming quarter, which fell short of investors' expectations. This disappointment has prompted a wave of shorting by several shareholders, adding downward pressure to the stock. However, based on my technical analysis, I believe NVIDIA is poised for a potential rebound from its current price levels this week. Key indicators suggest that the recent dip may have been overextended, and we could see a recovery as market sentiment stabilizes. Keep an eye on support levels and any bullish signals that could indicate a reversal in the near term.
NASDAQ:NVDALong
by ForexClinik
Nvidia is Going to ZERO. AI Will Not Change the World.Hello Everyone, Anybody buying NVDA at these levels will suffer the same fate as the Intel (INTC) buyers during the Dotcom bubble. Chances are Jun 20, 2024 was the top and so far we have been making lower highs and lower lows. Weekly timeframe shows a bearish engulfing, however we will need a confirmation dump candle with another follow through candle to confirm further dumping as shown in the chart above. Massive bearish divergence on weekly and the RSI might be confirming a lower high for the third divergence. This bearish engulfing candle can be cancelled if we can't close below the candle next week. Whether we still trade around these levels for a little bit longer or dump now, eventually NVDA will be headed towards $5-$10 during this upcoming recession. The NVDA hype will die during this recession and everybody is going to forget about it and will have many competitors in the future. We may never see NVDA this high again in our lifetime.
NASDAQ:NVDA
by justaturboman44
4
NVDA has good measured potential above last week's highs.NASDAQ:NVDA has room on the daily chart to about $135 if it can build above the highs from Friday and Thursday of last week. With earnings on Wednesday at 4:20 PM EDT, there should be significant opportunities to the long side if price continues to build above the daily 50 SMA. Equity was added long into the daily 9 EMA, and retest of the recent dark pool at $122.80, and I continue to swing long with targets at weekly highs and the daily upper Bollinger Band.
NASDAQ:NVDALong
by DMT_Doctor
4
NVDA reclaimed the daily 50 SMA along with QQQ.NASDAQ:NVDA broke out of a wedge consolidation at $109 earlier this week and has closed above the daily 50 SMA, along with NASDAQ:QQQ and many other technology leaders. There has been a shift in market tone since the jobs report last Thursday, 8/8. Since then, all data points have been bought by the bulls, and QQQ reclaimed the daily 10 SMA, giving signs that the bull-thesis was valid. The longer QQQ and other major technology names build above the daily 50 SMA, the more likely they are to continue higher.
NASDAQ:NVDALong
by DMT_Doctor
6
Market Analysis and Projection: NVIDIA Stock OpportunityI WILL BUY NVIDIA STOCK AT $112. On the 5th of this month, NVIDIA (NVDA) experienced a significant downturn, with its stock price plunging to approximately $90—a day marked by widespread volatility in both the financial markets and cryptocurrency sectors. As of now, NVDA has rebounded to $115. Based on my market analysis, I am anticipating a pullback to $112, at which point I plan to initiate a buy position. My target for take profit is set around $126. For investors and traders, NVDA still presents a strong potential for growth, making it a stock worth monitoring closely.
NASDAQ:NVDALong
by ForexClinik
The Chips Act's Biggest Beneficiary may be...Intel!The Biden administration is nearing completion of allocating $39 billion in grants under the CHIPS and Science Act, aimed at revitalizing the U.S. semiconductor industry. However, the real challenges lie ahead. 1.The CHIPS Act, passed two years ago, is a bold attempt to bring advanced chip production back to the U.S., betting on Intel, Micron, TSMC, and Samsung. The goal is to produce 20% of the world's most advanced processors by 2030, up from nearly zero today. 2.Key to this effort is Mike Schmidt, who leads the CHIPS Program Office (CPO) at the U.S. Department of Commerce. His team, composed of experts from Washington, Wall Street, and Silicon Valley, aims to reduce reliance on Asia, particularly Taiwan, as chips are essential for everything from microwaves to missiles. 3.The CHIPS Act outlines specific goals and capacity expectations, as shown in the chart. According to BCG forecasts, by 2032, the U.S. is expected to produce about 14% of the world's wafers, up from the current 10%. Without the Act's support, this figure would drop to 8% by 2032. The immediate priority is to establish at least two major clusters for advanced logic chip manufacturing (the brains of devices). Officials also aim to build large-scale advanced packaging facilities, which are crucial for connecting chips to other hardware. Additionally, they seek to boost the production of traditional chips, as the U.S. is concerned about China's growing capacity in this area. Advanced DRAM memory, essential for AI development, is also a focus. 4.Intel is a major beneficiary of the CHIPS Act, receiving $8.5 billion in direct assistance and $11 billion in support loans from the U.S. Department of Commerce to support its over $100 billion chip investment plan. Intel also stands alone as the sole recipient of a $3.5 billion plan to produce advanced electronics for the military, despite controversy in Washington. 5.Other chip manufacturers face challenges. TSMC, Intel, and Samsung have committed to investing $400 billion in U.S. factories, but most have missed their targets due to various issues. For instance, TSMC has been reluctant to move its production lines and packaging capabilities from Taiwan, as chip packaging is seen as Taiwan's "trump card" in ensuring U.S. protection. 6.The broader challenge remains workforce shortages. McKinsey estimates that the U.S. semiconductor industry will face a shortage of 59,000 to 77,000 engineers in the next five years. Without immigration reform and a cultural shift toward hardware innovation, the U.S. may struggle to maintain its lead even if it builds new factories. For individuals, pursuing a two-year technical degree at a community college could be a smart career move, as over 80 semiconductor-related courses have been introduced or expanded since the CHIPS Act was passed.
NASDAQ:SOXX
by xugina78
Nvidia's Meteoric Rise: $420 Billion Added in Four Days Nvidia Corporation has once again captured the world's attention, this time with a stunning market value surge. The tech titan, synonymous with the burgeoning artificial intelligence (AI) landscape, has added a staggering $420 billion market capitalization in just four trading days. This represents a 17% surge in its stock price, leaving investors and analysts alike in awe. The rally comes on the heels of a tumultuous period for Nvidia shareholders. The stock had experienced a significant downturn, wiping out billions in market value. However, the recent rebound has been spectacular, propelling the company into the spotlight as a dominant force in the tech industry. What's driving this incredible resurgence? Several factors are likely contributing to Nvidia's meteoric rise. Primarily, the company is at the forefront of the AI revolution. Its high-performance graphics processing units (GPUs) have become the de facto standard for training complex AI models. As the demand for AI applications continues to explode across industries, from healthcare and finance to autonomous vehicles and gaming, Nvidia stands to benefit immensely. Investor sentiment has also played a crucial role. The recent dip in the stock price created a buying opportunity for many, with investors recognizing the long-term potential of Nvidia in the AI space. As the company prepares to release its earnings report at the end of the month, anticipation is building, and investors are positioning themselves for potentially strong results. It's important to note that Nvidia's performance has had a ripple effect on the broader market. The company has accounted for a significant portion of the S&P 500's gains during this period, highlighting its outsized influence. This has led to a more optimistic outlook among investors, as positive sentiment surrounding Nvidia has spread to other tech stocks. While the recent surge is undoubtedly impressive, it's essential to approach it with a degree of caution. The stock market is inherently volatile, and past performance is not indicative of future results. Investors must conduct thorough research and consider their risk tolerance before making any investment decisions. Looking ahead, market participants will continue to closely watch Nvidia's trajectory. The company's ability to maintain its technological leadership in the AI space and its capacity to capitalize on emerging opportunities will be key determinants of its future success. As the world becomes increasingly reliant on AI, Nvidia's role as a key player in this transformative industry is likely to solidify, making it a company worth keeping a close eye on.
NASDAQ:NVDA
by bryandowningqln
Nvidia Stock Rebounds 7% on Analysts Highlight Shares of Nvidia (NVDA) saw a rebound in early trading on Tuesday, following a sharp decline on Monday caused by reports of a delay in the release of its Blackwell artificial intelligence (AI) chip. The stock had tumbled more than 6% amid a broader global stock market rout. Despite the initial panic, analysts remain optimistic about Nvidia's long-term prospects and its leadership in the AI space. Key Takeaways - Rebound After Decline: Nvidia shares rebounded after a spokesperson clarified that the production of the Blackwell AI chip is still on track to ramp up in the second half of the year. - AI Leadership: Bullish analysts believe Nvidia's strong position in the AI market will mitigate any short-term volatility caused by the reported delay. - Analysts' Perspective: Analysts from major financial institutions, including Oppenheimer, Goldman Sachs, and Bank of America, maintain a positive outlook on Nvidia's long-term performance despite potential short-term setbacks. Nvidia's Response to Delay Rumors Nvidia addressed the concerns head-on, with a spokesperson stating, "Blackwell sampling has started, and production is on track to ramp in the second half of the year. Beyond that, we don't comment on rumors.” This statement aimed to reassure investors that the company is on schedule, despite the swirling rumors. Analysts Remain Bullish Oppenheimer analysts emphasized Nvidia's robust competitive position in the AI market, asserting that a minor delay would not lead to a loss of market share. They highlighted Nvidia's comprehensive AI hardware and software solutions as a key strength. Goldman Sachs analysts acknowledged the possibility of near-term volatility but downplayed its impact on Nvidia's earnings for the 2025 calendar year. They stressed that Nvidia's long-term competitive position remains intact. Citi analysts, despite removing Nvidia from their "upside catalyst watch" due to the delay reports, continued to hold a "buy" rating for the stock. They maintained confidence in Nvidia's ongoing performance. Bank of America analysts viewed potential supply constraints as a "solvable" issue, suggesting that any resultant sell-off would be an "enhanced buying opportunity." Their long-term bullish stance on Nvidia remains unchanged. Market Performance As of the time of writing, Nvidia shares (NASDAQ: NASDAQ:NVDA ) had risen by 7%, reaching $106.48. Despite recent market turbulence, Nvidia's stock has more than doubled in value since the beginning of the year, showcasing its resilience and the strong confidence investors have in the company's future. Conclusion While the reported delay in Nvidia's Blackwell AI chip initially spooked the market, the company's clarification and the continued confidence of analysts highlight Nvidia's solid position in the AI industry. The consensus among analysts is that Nvidia's long-term prospects remain strong, bolstered by its leadership in AI technology. Investors seem to agree, as evidenced by the stock's quick rebound.
NASDAQ:NVDALong
by DEXWireNews
Sitting on SupportWhat a beauty we see in $NVDA. The RSI is cooling to the oversold territory and volume is coming back in. It appears we are sitting on support and are ready to make a move back to the upside. Consolidation is being built and it looks like we are ready for the next bullish move. MACD is beginning to show some rotation and we are still well above the 200SMA which indicates NASDAQ:NVDA is still bullish. Short term with the weaker market over all, this and all of the market may pull back but, this one seems to be the strongest of them all. Let's see where it goes and how it holds the test of time.
NASDAQ:NVDALong
by GlennTrading
Nvidia - The tide is (finally) turning!NASDAQ:NVDA is about to create a bearish reversal which will lead to a -60% correction! Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is just the beginning of another potential bear market, like we saw it back in 2018 and 2021... Levels to watch: $55 Keep your long term vision, Philip - BasicTrading
NASDAQ:NVDAShort
by basictradingtv
6