NIVIDIA 4 HR: Correcting back to 130.70 or We Pushing Higher UP Morning Traders
Quick update here, currently if we make a break above the 132.70 range the 137.30 is our goal and target however their are a couple hurdles along the way.
We can possibly still correct down to the 130.70 level
I go over the market from 4 hour to 30 minute giving you some levels to look for in today's trading day
Happy Trading
MB Trader
Nvdalong
NIVIDIA BULLISH 137 Here IS WHY ? MUST WATCH Morning Traders
I throw the whole kitchen sink at this market from forks to fibs to projections and what we have is the following. We are either breaking up to the 137 range then we will see a nice deep 8-12 dollar retracement. Or we go to 137 and consolidate a touch then keep pushing up to th3 150's. Or we break 131.80 in our correction and then looking at levels of 130.64 as a point of entry for our long position up.
Enjoy the video : like, comment, boost if you found this video helpful or give me your thoughts on where you see the market going
MB trader
Happy Trading
NVIDIA"S Four-Hour Target 137's Good morning traders
The market planned out into what our thesis originally was from ages ago ie we are hitting 137 range -138 max then seeing a correction of some sort or we blow through this level up and keep going to 150's
In this video I am most certainly long and feel lets look for a correction at the 137's between 8-12 dollars.
If this doesn't happen dont fret then we will be reanalyzing the market to 150's and possibly beyond....
Thanks for watching, if you like the video, hate it or have another thesis share away in the comments section below
Happy trading and lets keep riding those waves
MB Trader
$NVDA Shows Strength - Despite $SPY Weakness!Overall, NASDAQ:NVDA was the name to pay attention to today.
Even though the AMEX:SPY traded to the downside, NASDAQ:NVDA held strong with a push above $130.
The chart is giving us a clear picture of potential upside if they continue to grow and market the business the way they have.
Potential political headwinds are not to be discounted quite yet.
This trade carries risk, however, my cost-basis is below $20/share so I'm not sweating it.
IF NASDAQ:NVDA continues on this upward trajectory - we should see $170/share by early next year.
IF NOT - we can get another great dip buy opportunity in the low $100s.
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
Nividia: Will we reach 128.70 ? I Believe We CAN Good morning Traders
MB Trader here checking into see how everyone is going
So the game plan today is:
1) Do some wave counting; we all love a little bit of wave counting to figure out where we are in the market
2) Do some projections figuring out where are we going up ?
3) Do some micro projections to figure out the different areas of resistance and where that will be
Enjoy traders and remember I love your comments, feedback and anything else you want me to make videos on
Happy Hunting For Those Trades
Remember trade what you see not what you assume
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.
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.
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 may form a bat harmonic within a pennant.NASDAQ:NVDA is potentially forming a bullish bat variation of the Gartley harmonic, within a pennant on the four-hour chart. As long as the earnings low at point B is maintained, there is potential for a reversal to point C next week, corresponding to the upper trendline from all-time highs.
Where will $Nvida drop to?
First of all, Nvidia is moving in a medium term downtrend, and on the way to lower low.
so we could see that the important support area would be previous low area, which share the same level with previous high volume candle.
In this case, traders who want to buy may need to wait for a better buy timing!
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.
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.
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.
NVDA has a demand zone at the rising daily 5 SMA.NASDAQ:NVDA daily rising 5 SMA will be a potential demand zone tomorrow. I will be watching NVDA to hold this area for a long entry intraday. If NVDA loses this area, there is room back down to the daily 50 SMA, which is a major potential demand zone. This may provide an intraday short opportunity under today's low into these demand zones, and the ability to add equity long for a swing if these demand zones hold.
Nvidia: the pattern play out again?Nvidia is set to release its earnings report on Wednesday night, with expectations sky-high.
Market Prediction:
41% year-over-year surge in earnings
113% increase in sales, reaching $28.73 billion.
This would mark the fifth consecutive quarter of triple-digit gains for the AI chip giant.
What's your opinion about NASDAQ:NVDA earnings?
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.
NVDA L 150824**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 118.20
**Stop Loss:** 117.39
**Take Profit 1:** 119.91
**Take Profit 2:** 120.21
**Risk/Reward Ratio:** 2.11
**Timeframe:** 4h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**