$NVDA Short OpportunitiyReasons I am bearish on NASDAQ:NVDA
4-hour trendline resistance
4-hour bearish order block
Entry: 131.98
Take Profit: 100.27 (scale profits on the way down)
Stop Loss: 140.80
Nvdashort
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 Has Strong Fundamentals but is that Enough?One Of the Biggest Success stories of 2023... NASDAQ:NVDA Truly Gained traction under the insane Artificial Intelligence Growth and alongside the hype train that skyrocketed most Semiconductor Stocks. The Balance sheet is a undeniable strength with more then 3 assets to 1 Liability, with good cash able to cover debt based on the balance sheet. Nvidia has very strong Fundamentals is that enough to justify the PE Ratio being at 55.94x ? and a Price to Sales Ratio of 30.3 ? and its price to books ratio at 50.2 , using these valuation methods Nvidia comes up as a expensive based on its current price to me personally. The RSI Is also pretty high at 53 . I am definitely interested in seeing how Nvidia plays out in the long-term. Share price has been aided by very high revenue growth beating all forecasts by analysts in recent Quarters. Nvidia Benefits from high profit margins, however is that enough to justify the high share price? as for management and there use of the cash we can see that Net margins are 55.0%, ROE of 91.1%, ROA of 60.9%, ROCE of 83.6%.
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Business Revenue Sources:
84.8% of the revenue is derived from "Compute & Networking"
15.2% of the revenue is derived from "Graphics"
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Balance Sheet:
Cash: US34.80b
DEBT: US8.46b
Equity: US58.16b
Total Liabilities: US27.07b
Total Assets: US85.23b
14.5% -> Debt to Equity Ratio
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Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Nvidia) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may be different for each investor and trader. Please do not make opinions based on this or any idea. Please be careful!
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Idea:
Nvidia Go Bye Bye | Short or Take Profits Whenever news commentators feel the need to interview a CEO, and hail the CEO as some kind of benevolent "hero of the people", that is a pretty good indicator that something is awry.
The same applies for rampant social media hype.
At the end of the day, the chart & the macro backdrop tell the real story.
NASDAQ:NVDA will collapse from here. Don't bother trying to buy any time soon, you will only be hurting yourself; this thing, along with the broader market has some significant adjusting (downward) to work through.
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!
NVDA Short . US Stock104.70 below weak
98 below trendline breakdown
103/101.50/99/97.50 /95/91 can test
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 Likely Heading To $100 zoneNVIDIA Is Likely Heading To $100 zone.
This asset is currently around Fib50. However, with this sell pressure, we may see NVDA down to $100.
Investors are looking for a perfect zone to load this for a buy again
$NVDA DAILY CHART PREDICTIONS (OPTIONS)UN THE 🐂 SIDE
AROUND 150C ( if she does break that 126 resistance area
ON THE 🐻 SIDE
AROUND 90P (if she doesn’t break through 126)
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 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 SHORT to $100?After an epic run NASDAQ:NVDA appears to be testing its uptrend from April (green line), we could see a bounce but with the gaps present in the chart, I see a cheeky short to previous support around $100 (white line). RR is low, this is just an attempt to feel out this contrarian take.
NVIDIA I expect an up move to the short zone NVIDIA I expect an up move to the short zone and then a down move to take profit 1 and then to the target
NVDA is below the split lows and the daily 50 SMA.NASDAQ:NVDA confirmed the daily 50 SMA down today, following the NASDAQ:SMH last week. NASDAQ:NVDA also lost the split lows in similar fashion to NASDAQ:AVGO last week. The weakness in semiconductors contributed to the sell-off in technology names today, which provided an excellent opportunity for shorts. Watch for any gap ups in technology names to get sold off and confirm the previous day's lows, which will confirm the short for further trades to the downside, as we enter a seasonally weak time for technology.
NVIDIA Fake Breakout of 2018 and 2021 - BearishNVIDIA at an interesting spot, had a fake breakout which is usually a pretty bearish sign. Curious to see if this trendline can hold. Hard to fade this beast but this would be a good spot, it's been going parabolic so if it breaks that it's probably over for NVIDIA, insiders have also been selling massive amounts in the last month. Zoomed in pic below.
I wouldnt recommend holding or adding Nvidia shares in portfolioThe price of Nvidia shares has reached its maximum potential and appears to have hit a reversal point, with downward pressure anticipated. However, a nearby support level may make it challenging for the price to decrease significantly.
NVDA YOU WERE WARNED! NASDAQ:NVDA Before & After charts: You were warned! 💥
✅BOUNCE OFF SUPPORT, INCLUDING 21 EMA 📈
✅9EMA BREAKOUT & RETEST
✅#NVDA DIPS GET BOUGHT UP WITH BOTH 👐
🎯$132.97 👊
NOT FINANCIAL ADVICE 🖖
Nvidia Corporation (NVDA) Price Analysis: BEARISHHey everyone, welcome back to Insider Trader! Today, I'm analyzing Nvidia (NVDA) using ICT concepts. After a recent distribution phase, I'm expecting a bearish reversal. The price has hit an optimal trade entry at $128.40, and I’m looking at two downside targets: $77.14 by September 9, 2024, and $31.99 by January 21, 2025. Key levels include a sellside liquidity at $76.06 and a bullish order block around $34.58, which might provide support. Keep an eye on these targets and adjust your trades accordingly. If you found this helpful, like, share, and subscribe for more insights. Happy trading!
$NVDA Nvidia Algorithm Sell AlertWe are in an obvious downtrend. Our algorithm gave a sell alert on June 20, last Thursday. Our strategy is to wait for a buy alert to go long; we do not short growth stocks like Nvidia.
NVDA dip or correction?
Let's consider the conditions for both scenarios:
1. The Dip and the Continuation of the Trend Scenario
- MACD lines do not cross over. The MACD histogram is starting to rise.
- The force index is rising again.
- The bulls are looking for a bounce from the first line of defense, around the low of the day at $124.40. This is exactly what is happening so far today.
2. The Correction Scenario
- The first line of defence is breached.
- The second line of defence is breached.
- MACD lines cross over, and the MACD histogram falls below 0.
- The force index falls below 0.
What do you think? Please comment below with Scenario 1 or 2.
$NVDA Algorithm Buy Alert June 11Our strategy is to wait for the large green dot to enter a long position. One June 11 2024 14:45, we got our large green dot buy alert. We never trade with emotion. By eliminating emotion, we can trade successfully and make huge profits that will pay for the software 10 times over. As of today we are still in Nvidia long position
