Nvdashort
$NVDA- Bull Target ~$539 & Bear Target $507.5Wave ABCDE Correction - Need to perform Wave E Target ~$539
Bear Case: If $522 loses support then Target $507.5
NVDA - Huge Double Top Weekly Candles - Target $470 - $390Huge Double Top Weekly Candles
Target 1: $470
Target 2: ~$390
Nvda ShortIn current situation i see NVDA in a huge uptrend with huge unfilled Gaps, and those gaps perfectly meet the fibonacci retracement of 38.2 and 61.8-78.6 level only if the top is 590.
Therefore i think Nvda will long till 590 and find resistance and retrace to those gaps. Giving good opportunities to buy long later on.
Right now its risky to sell, and always its better to long in tech stocks.
$NVDA - Incoming Massive Sell-off. Target $482 - $467Incoming Massive Sell-off. Below are the targets:
Target 1 - $482
Target 2 - $476
Target 3 - $472 - $468
$NVDA Bear case Target $513.5
Failed Breakout
Retest $513.5 & $505.5
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$NVDA Bull Target $521-$530 & Bear Target $480Bull Target $521-$530
Bear Target $480 (Bearish Flag)
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I hold $530 calls for this week.
$NVDA - break of downtrend channelNASDAQ:NVDA currently in a downtrend channel. Breaking down the support would cause a major dump. However, it needs to give a clear signal. I would look for a clean break on 2H candles.
$NVDA - Target $585 or $546BUll Case: Cup & Handle break-out & hit $585
Bear Case: Retest $546
I hold $555 puts for this week.
NVDA Bull Flag $580 & Bear case $525Seems like Indicators are overbought, forming H&S on short time frame and no good news on stimulus.
If the price cross $555 then $580 is certain & if the bull flag breaks down then support is at $525.
Good Luck.
NVDA - H&S - First target $468-$457NVDA forming H&S where the first downside target is between $468-$457.
NVDA - Huge drop to $495 as First Target to downsideNVDA Stock forming a bear pennant and could drop to $495 which is a support and may drag more downside based on tmrw's FED announcement.
💻 NVDA 9/14-9/18 Scalp Plan 🖥️ LONG
Holding Above 487.50
Targets 499, 506-507, 511
SHORT
Holding Under 484.42
Targets 481, 479, 476-477, 469
NVDA - Sub Wave 3 Correction to $396$NVDA is in Sub Wave 3 of Wave A Correction and targeting $396. And other targets are pointed out in the chart.
In short time frame, it is forming double top into Thursday. Great opportunity to buy puts.
Please follow to get notified when I updated the idea.
Good luck.
$NVDA Wave A Correction - $469 to $578 before $400$NVDA peaked with $588 where it was done with Elliot impulse waves 1-5. Now, it's in correction Wave A to the downside.
In Wave A, total 5 waves will be there and today done with Wave 1 from $588 to $469. Now, it'll resume Wave 2 to $578.
And in case market goes red on next week due to bad news then cannot rule out that Wave 1 can extend to $460-$400.
Good luck.
Nvidia Hits Major Resistance Level.AMD and NVDA are both hitting a top of channel Resistance on larger timeframes.
I am looking at $460 for a potential short on nvidia.
I will play a tight stop and see if it can break above the channel.
If it did break above you would want to see it establish a new support level above old Resistance, then you could play it going up.
But for now I will stick to the rules and look at this as a potential reversal. If sellers stepped up we could see a potential 20% retracement. Risk a little for a potential bigger move down.
The spx500 is almost back to all time highs, I don't think we will blow right through. We could see some correction in the markets first, then we can see where we want to establish support. It will be an interesting month.
Best of luck
$NVDA Earnings Play | What's The Move NVDANvidia ($NVDA) Gains But Lags Market: What You Should Know
Technical Analysis Going Into Earnings | NASDAQ:NVDA
The Plays:
- Bullish Call: $400 Call 8/21 | Currently sitting at $1783 (preferably we will wait for a down day to enter) Thinking $400 will be a solid sell wall.
- Bearish Put (entry late August): $350 Put 12/18 |Patience will pay
My standpoint on NVDA is rather bullish , sitting up 20% from pre-covid highs. If we breakout, we will look to play the continuation without a strong set target.
Zooming out we can see a iffy rising wedge formed, will this be enough to contain the beast & send it down?
(rising wedge: formed 391 days ago)
Quick News Updates:
NVDA will be looking to display strength as it nears its next earnings release. In that report, analysts expect NVDA to post earnings of $1.95 per share. This would mark year-over-year growth of 57.26%. Meanwhile, our latest consensus estimate is calling for revenue of $3.65 billion, up 41.71% from the prior-year quarter.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.66% higher within the past month. NVDA is currently a Zacks Rank #2 (Buy).
NVIDIA still generates the largest share of its revenue from gaming, but it's no longer just a gaming company. It's applied its expertise in computing power to data centers, a key component of the red-hot cloud computing space, and to the market for artificial intelligence (AI).
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Do not trade this, I am not a trained professional nor am I a financial advisor
ANALYZE: NVDAafter breakthrough the strong support line, high probability to the trend go down to test the support line
Been watching NVDA: Next Target $330First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, let me get into a few of my insights. For the last few days of watching Nvidia and looking at the current market spread, I feel like for a small bullish expectancy, is at least realistic. It will likely pass the $330 price threshold within days, a week or so at most (though expected way sooner). I am not sure though about the earnings call, which is why I am mostly mutual on either shortening it or doing your own research before doing a hold after May 19th. This stock has been having stable growth overall however.
NVDAIf he breaks this area, we will see him at the top, towards a new peak.
But if there is a momentum for sellers, we will witness a significant decline also towards the levels of monthly support, of course!
Let's see what happens, guys!
enjoy.
Looking at NVDA, bullish viewPracticing fib spirals
A descending wedge fractal can be observed
Put in optimal entry point for those entering a trade.. .236
Nvidia mixed signalsMixed signals bullish chart patterns and bearish chart patterns together! A bulflag and a rising wedge. A double bottom is required along the rising wedge if it is to provide bullish continuation. If not a breakdown will occur post breakout of the bullflag!
