Short NVDAJust a matter of time. Lots of people hiding in this stock, they will sell. Nibbling at shorts, tight stop. Will get stopped but eventually I wont get stopped with size. Not advise.
Nvdashort
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:
NVDA WEEKLY ANALYSIS we will see a reversal of the price to fill ( Fare Value Gap ''FVG'' ) after we will see a continuation of the upward trend or we will see a change in the downward trend
Tipping pont for NVDA, What's in the Cards?Next level down for NASDAQ:NVDA is at around $334.05, which would be back to the Pivot and yet another pivotal moment, where if there are not enough buyers it could be bed time for the AI narrative for now. Full disclosure I am already short NVDA stock and looking to exit near the pivot.
Check out the Equity Channel Podcast for more information on trading and investing.
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
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
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.
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.
$NVDA Monthly Chart with Fibonacci NASDAQ:NVDA Monthly Chart Fibonacci resistance Level almost there just a little bit higher!!!
LONG $BTC / SHORT $NVDA PAIR TRADE ez pair trade overvalued tecc stonk vs future of finance / global reserve currency
nvda and many other tech stocks rallied 150% since the previous lows, i think its time btc plays catch up (currently up around 100%, previous bear market rally was ~340%)
nvda also has highest p/e ratio it has ever had (150 p/e) so i think this is a good option if you're looking for something to short
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.
$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" ?
NVDA SHORT NVDA is short as per the levels shown in horizontal lines -
pls manage proper stoploss as swinghigh +0.30% .
small smalll build up the qtys .
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!!
NVDA cup-and-handle at the 15 min to the downsideIn addition to the C&H at 15-min, NVDA has also formed a H&S at 2-hr and 4-hr timeframes....time to short again to fill gap at 211
NVDA shortNASDAQ:NVDA
Clear divergence on the daily
Potential for H&S on 2hr and 4hr timeframes
Good luck!
Nvidia -> Time To Fill The GapHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nvidia stock just had a massive rally towards the upside, just the past 70 days the market is up about 75%.
You can also see that during this long move towards the upside, we didn't really have any weekly correction towards the downside, so from a weekly perspective I do expect at least a short term correction to retest the next weekly previous resistance area, which is now turned support.
On the daily timeframe you can see that Nvidia stock is starting to create resistance at the current $235 area, so from here it is quite likely that we will see a short term correction towards the downside to retest the next previous daily support zone, which should be turned support once again.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVDA bullish continuation?$NVDA soars before market opens after beating the earnings estimates. it also got a price upgrade from few analyst from 225 to 255 or 275
below is my key level for day trading entry and exit.
NVDA average price move per day is $7-$10 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TSLA:
Buy call above 237.87 and sell at 242.49+ or above
Buy puts below 232.12 and sell at 227.35 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
NVDA NVIDIA Corporation Options Ahead of EarningsLooking at the NVDA NVIDIA Corporation options chain, i would buy the $180 strike price Calls with
2023-3-17 expiration date for about
$16.35 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Remember, this is a medium term play, we could not necessarily see instant results.
Looking forward to read your opinion about it.
Nvidia -> Higher, Higher And HigherHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Nvidia is actually quite overextended towards the upside, just the last couple of weeks the market had a pump of about 65% towards the upside.
Considering the fact that from a weekly perspective we are also retesting previous support which is now turned resistance, I do expect a short term rejection towards the downside and then the longer term continuation towards the upside.
On the daily timeframe you can see that we are currently retesting also previous resistance, so I am now just waiting for some bearish rejection which will then lead to a short term weekly correction towards the downside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVDA Fake OutNVDA had a fake breakout, creating a liquidity grab for shorts creating a better entry when their stops trigger. This is a great area to swing some PUTs, imho.
NVDANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
NVDA ShortI am extremely bearish on NVDA and see a double downtrend parallel channel into NVDA. I will not surprised if NVDA will fall into new lows.
