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Nvdashort

Nvidia -> Slowing Down And Now?Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪 Looking at the monthly timeframe you can see that after Nvidia retested previous support and the 0.786 fibonacci retracement at the $110 level, there was a solid rally towards the upside. Also on the weekly timeframe you can see that we had a juicy inverted head and shoulders reversal pattern and I pointed out all the reasons why I do expect the upcoming pump of roughly 120% towards the upside. Looking at the daily timeframe now you can see that Nvidia is a little bit overextended is also slowing down with momentum so there might be the possibility that we will see a short term correction after Nvidia actually breaks the current uptrend line. Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈 Thank you for watching and I will see you tomorrow! My previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
62
NVDA - Key Bearish Factors Hey traders! Today, I want to share my analysis on why I believe shorting NVDA could be a compelling opportunity. 1. Price at Upper Extreme: NVDA's price is currently at an upper extreme, indicated by the U-MLH of the Pitchfork. This suggests a potential reversal or correction. 2. Overhyped by AI News: NVDA may be overhyped by AI-related news, leading to excessive pricing based on future growth expectations. 3. Divergence in Indicators: Technical indicators are showing divergence, indicating a potential shift in NVDA's price trajectory. My personal potential Targets: a) the center line b) the lower median-line parallel Given the upcoming earnings, hedging is a crucial step in my trading strategy. Thanks for any comments, rants and positive critics. §8-)
NASDAQ:NVDAShort
by Tr8dingN3rd
3
Buying NVDA? You are exit liquidity Beyond the trillion dollar market cap resistance and the PR dump, some charts show why now is not the best time to buy ( Price target $300 EOY ). If the top isn't in already, we are close. First shown, the daily macd is about to flip, as it similarly did after the previous all time high. Next is the separation from the weekly ema ribbon: Similar separation to the previous all time high. Finally, there is a >15% gap that is still lurking below, waiting to be filled: Seems to be trading on a similar cycle to bitcoin:
NASDAQ:NVDAShort
by highleverage47
4
NVDA: Creating an Island for Price Action at these LevelsSome pretty major insider selling is beginning to show up for NVDA Kress Colette (EVP & Chief Financial Officer) May 30th Sale $406.51 - 6,124 2,489,468 538,745 Jun 01 04:36 PM COXE TENCH (Director) May 26th Sale $379.00 - 100,000 37,900,000 3,397,136 May 31 06:26 PM Drell Persis (Director) May 26th. Sale $386.03 - 7,800 3,011,042 35,478 May 31 05:20 PM Shoquist Debora (EVP, Operations) May 18th Sale $305.00 - 23,084 7,040,620 139,860 May 22 04:35 PM
NASDAQ:NVDAShort
by Goontata84
1
NVDA: Short of The. Millennium (Update)The confirmation I was looking for: \https://www.sec.gov/Archives/edgar/data/1045810/000104581023000095/nvidia-2023formsx3a.htm HUANG JEN HSUN President and CEO Dec 13 Option Exercise 4.00 237,500 950,000 7,782,991 Dec 14 06:29 PM HUANG JEN HSUN President and CEO Dec 08 Option Exercise 4.00 237,500 950,000 7,545,491 Dec 09 05:29 PM HUANG JEN HSUN President and CEO Nov 29 Option Exercise 3.15 490,897 1,548,780 7,307,991 Dec 01 05:36 PM HUANG JEN HSUN President and CEO Nov 21 Option Exercise 3.15 229,603 724,397 6,817,094 Nov 22 04:22 PM NVDA Earnings Net Revenue Down -13% year-on-year Net Income Down -21% year-on-year Data Center First-quarter revenue was a record $4.28 billion, up +14% from a year ago Gaming First-quarter revenue was $2.24 billion, down -38% from a year ago Professional Visualization First-quarter revenue was $295 million, down -53% from a year ago
NASDAQ:NVDAShort
by Goontata84
3
NVDA: Short of the Century (Fork In The Road- Thrice Potentials)The after-hours price action on NVDA is a best case scenario imo. Put Option Premiums have dropped off a cliff, 33 times more aggressively than I had hoped we would see. With this kind of momentum, it could take a while for it to break down, so positioning into the fall or early 2024 is probably the smartest plan of action. But for the true gamblers out there, there are rare potential opportunities for huge gains if you are willing to lose what you pay in premiums obviously. There are so many reason why this rally was not sustainable and those reasons have increased 13 fold at the current prices.
NASDAQ:NVDA
by Goontata84
3
NVDA: Short of the Century (Update)Was trying to find the comment that suggested the .886 fib retracement because as of right now, they are right on the money. I believe we could have seen the top but I am not ignorant to the fact the this rally has a lot of steam behind it and we could see a rally that prints a new ATH. Even if that happens it does not change my analysis because my time horizon is to buy Puts Jan to June 2024. I primarily swing trade, so I am looking for opportunities in larger timeframe trend shifts. I have a feeling that earnings and debt ceiling nonsense could be the perfect catalysts to send this much lower, much faster, than most of us could anticipate. Recent price action is insane and nobody can honestly justify it and the resulting market cap. It makes no sense and it is a recipe for a major pendulum swing in the opposite direction, in due time. Good luck out there, whether you are a bull or a bear. I just like to see people make money and in this case, the risk to reward ratio is far more attractive to the downside. I included a few possible Fib retracement levels to the downside and even to the upside. Cleaned up the chart a bit.
NASDAQ:NVDAShort
by Goontata84
15
NVDA Future Long Term Outlook | $QQQ | Bank Earnings kick off- NASDAQ:NVDA shaping up a H&S bearish pattern on daily time frame - NASDAQ:SMH / SOXX semi sector relatively weaker than NASDAQ:QQQ & $NASDAQ. that's why im still holding onto SOXS - When lead bull sectors starts to turn into more bearish we have to be careful with the other sectors. So far it is showing relative weakness but not too big of a divergence yet. - Bank earnings will not directly effect QQQ and SMH but will indirectly effect sentiment and if SPY drops a lot so will tech stocks and vice versa.
NASDAQ:NVDAShort
by ArcadiaTrading
$NVDA will go below $109 this quarterNASDAQ:NVDA * after two consecutive down weeks, there was a week of consolidation * Currently 2d-2d-1 on #TheStrat * I am still bearish on semiconductors; we are still in a bearish channel and I think the rally to 187 (December) was just a failed broadening formation. Institutions wanted to squeeze bears into selling their positions by running it up. * Now it’s time to run it below 109 (October low) I'm watching to see if the price will go ABOVE 150.10 this coming week (which would breach last week's high) and THEN have it retrace and fall shortly after that. The drawdown could take several weeks, we'll see. Maybe a 2d-1-2u-2d, which I think "Stratters" call a "Randy Jackson" ?
NASDAQ:NVDAShort
by ChemistNate
4
NVDA SHORT!! HIGH Probability Retrace to $200NVDA has been on a tear higher lately as has all of Tech despite the Banking failures. It seems everyone thinks Tech will outperfrom with lower yields. What people are failing to realize is that Lower yields are a sign of a flight to safety in BONDS and this implies a POOR Economic outlook. One of the 1st sectors to get his hard in a recession is TECH. Here NVDA is up against MAJOR Resistance on multiple time frames and notice all of those resistance lines converge between $255-$270. Several Broken trendlines are shown and notice that price has retraced to the "scene of the crime". Now Broken Support of those trendlines become a test of Resistance. With TL resist and Horizontal Resist all in this area this is a great area to SELL into the rally. SHORT NVDA at anything > $257. ADD To shorts up to $270 level. Max position is 10-11%% Capital in trade. This risks 1% if a CLOSE > SL = $280.16. Downside Target Price ~$200. 2.49 Reward:Risk Ratio Trade what you see!!
NASDAQ:NVDAShort
by eganon69
7