NVIDIA 4 Hour -30 Minute Wave Counting Where are We Going ? Morning Traders
We are looking at if this market has finished making a wave 4 correction or are we in for a treat with either a small correction down before we punch up to the 137-138 target we have in our wave counting and projections.
The question is always be aware of the worst case scenario here and the best case scenario, take caution
Happy Trading
MB Trader
Nvdaprediction
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
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.
NVDA - Weekly Fall PotentialNASDAQ:NVDA ’s stock has been on a meteoric rise, fueled by the growing demand for AI technology and high-performance computing solutions. However, recent market behavior and technical analysis suggest that a significant pullback may be imminent. The company’s recent 10-for-1 stock split has made shares more accessible to retail investors, but it has also introduced increased volatility. The market has responded positively to the split, but the momentum might be slowing down.
Looking at the NVIDIA chart in a logarithmic scale, we observe three major bullish legs, each with gains exceeding 1000%. The current, third leg appears to be reaching its peak. This trend is further supported by the stock’s position within a rising channel, currently touching the upper boundary, indicating potential resistance. Additionally, lower time frame charts reveal a reversal pattern, suggesting a potential downturn.
Technical indicators show that NVIDIA’s price is at a critical juncture. The stock has demonstrated a reversal pattern in the lower time frames, which is often a precursor to a decline. Moreover, the price is at the top of a rising channel, which typically acts as a resistance level. Given these factors, a pullback seems likely, especially considering the stock’s impressive run-up without significant corrections.
In conclusion, while the broader market sentiment remains optimistic with expectations of new highs for NVIDIA, the technical indicators and recent stock behavior suggest a different story. Investors should be cautious and consider the possibility of a pullback. It is crucial to monitor the stock closely and be prepared for potential profit-taking, especially in the context of the recent stock split and the overall market dynamics.
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
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
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 - 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.
NVIDIA's Four-Hour Dip: A Macro Correction or Bigger Shift UPGood afternoon or evening, traders!
What a rollercoaster of a day! The market followed our expectations—correcting, then taking a dive. But wow, did anyone expect that explosive breakout at 9:30 am? That’s the thrill of the open!
In this video, I'm staying neutral, but here’s what we need to watch: a breakout above 119-120 opens the door to 140 and beyond—a very real possibility. On the flip side, a dip below current levels could see us exploring the 90 range. Something to keep in mind!
Thanks for watching, and apologies if I sound a bit tired—it’s been an intense day.
Happy trading, and let’s keep riding those waves!
MB Trader
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
NVDA, long, Entry: 119.15, Stop: 118.30, Timeframe: 1h**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 119.15
**Stop Loss:** 118.30
**Take Profit 1:** 120.40
**Take Profit 2:** 121.15
**Risk/Reward Ratio:**
**Timeframe:** 1h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
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
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 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.