AMD stock up over 20% off the lows- outperform NVidia?AMD is still cheap relative to its growth and still way down from all time highs.
Seeking alpha analysts expect 25-30% annual growth in earnings yearly. The stock is still in the low 20s PE. Stock can double and still be a good business worth owning for the long term and let compounding earnings work.
Low rsi and bollinger bands gave us the signal to buy, we bought with leverage, now we are in the shares unlevered.
Target would be all time highs over the next 2-3 years.
Nvidia
U.S. Big Tech 10 (NYSE FANG+) Index. Another Day. Another DollarThe remarkable performance of U.S. large cap equities in the past two years was closely tied to the dominance of tech-related sectors, exemplified by companies akin to those in the high-performing NYSE FANG+ Index ICEUS:NYFANG .
The NYSE FANG+ Index (“Index”), also known as the NYSE U.S. Big Tech 10 Index, is a rules-based, equal-weighted equity benchmark designed to track the performance of 10 highly-traded growth stocks of technology and tech-enabled companies in the technology, media & communications and consumer discretionary sectors.
The Index undergoes a reconstitution quarterly after the close of the third Friday in March, June, September and December (the “Effective Date”).
The NYSE FANG+ Index provides exposure to 10 of today’s highly-traded tech giants
Access the index through a futures and options contract designed to help you increase or reduce exposure to this key group of growth stocks in a capital-efficient manner.
Ten constituents of The U.S. Big Tech 10 (NYSE FANG+) Index as of Friday, December 9,
2022 (10% equal weighting):
Meta NASDAQ:META
Apple NASDAQ:AAPL
Amazon NASDAQ:AMZN
Netflix NASDAQ:NFLX
Microsoft NASDAQ:MSFT
Google NASDAQ:GOOGL
Tesla NASDAQ:TSLA
NVIDIA NASDAQ:NVDA
Snowflake NYSE:SNOW
Advanced Micro Devices NASDAQ:AMD
The main technical weekly graph indicates The U.S. Big Tech 10 (NYSE FANG+) Index remains aboму 200-day SMA (so far), following the upside path that has been taken in early 2023 after 50 percent decline in 2022.
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Best wishes,
@PandorraResearch Team
Nvdia has a new Aggressor.The boxes you are observing are the Larger scale supply and demand zones. These areas map out the current large liquidity. This includes the newest Player (collective players). This new player has been aggressively on the 17th and 18th.
Why does identifying a new aggressor matter?
New aggressors shape the way we view previous areas of supply and demand. Some look at the price getting to their target, without giving any thought to HOW it gets there.
In this instance:
Previous supply and demand have been established (we do not know how big they are or who is stronger). Some clues we do have is how it approaches these areas, and new aggressors can give us the clues we need... Will it bounce off demand? or fulfill it and continue lower?
New aggressors can put more pressure on these Demand or supply zones simply because they are becoming more aggressive closer to these areas.
Prediction
Scenario 1
Rolling over, and touching the 106 demand zone. Get's bought up, and new aggressors presents themself (bringing more demand). Price Target = 123.
If there is continued demand through this area, a case can be made for a 138 target before a correction/ reversal.
Scenario 2
New demand chews up this new aggressor. We should then have a bullish run to 131. 131 would present itself as a great short-term options (short).
Scenario 3
Rolling over with NEW (short) aggressors. This will put tons of pressure on the 106 players, and hopefully the 96's hang on (not charted).
Please feel free to share you input, thank you for taking the time.
Happy Trading!
Microsoft (MSFT): The "Can’t Go Wrong" Stock... Until It DoesAh, Microsoft—the tech titan that could probably survive a meteor impact. 🌍☄️ With a market cap so large it could buy entire countries and still have spare change for a few yachts, MSFT is the stock that everyone loves... even when it’s overvalued. But hey, let’s take a look at the "genius" behind the current price action. 🔍💰
📊 The Almighty Stock Performance (Because Fundamentals Don’t Matter Anymore?)
📉 Price: $385.76 (up a whole 0.00584%! Call the champagne guy! 🍾)
📊 Intraday High: $387.88
📉 Intraday Low: $383.27 (because even Microsoft has bad days, right? 😅)
🔮 200-day moving average: $423.98 (oh look, it's trading below that... bearish much? 🐻)
So, let me get this straight. MSFT is 7.80% down year-to-date, but analysts are still screaming “BUY! 🚀.” Sure, because blindly trusting price targets has always worked out well for retail investors. 🤑
💰 Valuation: Overpriced? Who Cares, It’s Microsoft!
📢 Intrinsic Value Estimate: $316.34
😬 Current Price: $385.76
💰 Overvaluation? About 18%
But let’s be honest—does valuation even matter anymore? If people are throwing money at meme coins, why not pay a premium for MSFT? 🤷♂️ It’s basically a subscription service at this point—you pay every month, and the stock just keeps draining your wallet. 💸
🤖 AI Goldmine or Just Another Buzzword?
Microsoft has been riding the AI hype train harder than a teenager with ChatGPT. 🚂💨 Their enterprise AI growth is over 100%, and they’re pulling in a $13 billion annual run rate from AI services. But sure, let’s pretend that no one remembers the last time “the next big thing” crashed and burned. (cough dot-com bubble cough). 💀💾
Evercore analysts claim MSFT will dominate AI for enterprises. Well, duh. If you’re an enterprise and don’t buy Microsoft AI services, Satya Nadella himself might show up at your office and force you to install Windows 11. 🏢💻
📉 Risk Factors? No Way! MSFT is Invincible... Right?
🦅 Hawkish Fed = Potential Market Sell-Off (But don’t worry, just HODL, right? 🤡)
🚀 Tech Bubble Concerns (Microsoft will totally be the exception… like every overhyped stock before it. 😬)
🧐 Overvaluation? Pfft, who cares? (People said the same about Tesla at $400. Look how that turned out. 🪦)
📢 Analyst Hot Takes (Because They’re Always Right 😂)
📊 D.A. Davidson: Upgraded to Buy with a price target of $450. (Ah yes, let’s just throw numbers out there. Why not $500? $600? 🚀)
🔮 UBS: Predicts $3,200 for gold, but Microsoft will somehow go even higher. (Probably. Because… reasons. 🤷♂️)
🎭 Final Thoughts: Buy? Sell? Just Panic?
Microsoft is basically the “safe” tech stock everyone clings to while pretending that the market isn’t built on dreams and overleveraged hedge funds. 🏦💰 If you believe in the power of monopolies, overpriced AI services, and analysts pulling price targets out of thin air, then MSFT is your golden ticket. 🎟️💎
Otherwise, maybe—just maybe—waiting for a dip below fair value isn’t the worst idea in the world. But what do I know? I’m just some guy on the internet. 🤷♂️
🚀💸 Good luck, traders. You’ll need it. 😈📉
💬 What do you think? Drop your thoughts below! 👇🔥
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Vertical lines are colored and placed to indicate the expected direction of the price. Just my thoughts.
Nvidia Partners With General Motors to Build Self-driving CarsNVIDIA Corporation, a computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally Partners With General Motors to Build Self-driving Cars.
Also in another news, IBM Taps NVIDIA AI Data Platform Technologies to Accelerate AI at Scale.
Apparently, shares of Nvidia (NASDAQ: NASDAQ:NVDA ) is undeterred by all this news presently down 3.43% trading with a weak RSI of 44.
The 78.6% Fibonacci retracement point is acting as support point for shares of NVidia a break below that pivot could lead to a dip to the 1-month axis. Similarly, a breakout above the 38.2% Fibonacci retracement point could catalyse a bullish renaissance for $NVDA.
US Technology Sector Futures. The Heartbreak HotelPresident Donald Trump's tariffs on imported tech goods, targeting China, the EU, Canada, and Mexico, are reshaping the U.S. technology sector through higher costs, supply chain disruptions, and retaliatory trade risks. While intended to boost domestic manufacturing and reduce trade deficits, these measures are creating immediate economic strain across critical industries. Below is an analysis of their key negative impacts:
Rising Consumer Prices and Hardware Costs
The 25% tariff on EU semiconductors, 10% levy on Chinese goods, and 25% duties on Canadian/Mexican imports are projected to add $50 billion in new costs to North American tech supply chains. This directly affects consumer electronics:
Smartphones and laptops. Apple’s iPhone production in China exposes it to 10% tariffs, likely forcing U.S. price hikes.
Semiconductors. The U.S. relies on China and Taiwan for 80% of 20-45nm chips and 70% of 50-180nm chips, with tariffs disrupting access to essential components.
Cloud/AI infrastructure. Steel and aluminum tariffs (25%) increase data center construction costs, potentially raising prices for AWS, Google Cloud, and Microsoft Azure services.
Experts warn companies may pass 60-100% of tariff costs to consumers rather than absorb profit losses.
Supply Chain Disruptions and North American Integration
The tariffs jeopardize tightly integrated North American production networks:
Cross-border dependencies. Components often cross U.S.-Mexico or U.S.-Canada borders multiple times during manufacturing. Christine McDaniel of the Mercatus Center notes this integration means tariffs “hurt the pricing power of the U.S.” by inflating domestic costs.
Critical material shortages. Canada supplies nickel and cobalt for batteries, while Mexico handles assembly for firms like Foxconn. Tariffs risk delays and renegotiations with suppliers.
Retaliatory measures. The EU may respond with fines or trade barriers against U.S. tech giants like Apple and Google, escalating tensions.
Sector-Specific Challenges
Semiconductors and Hardware
Chip shortages. With limited domestic foundry capacity, tariffs on EU semiconductors threaten AI development and device manufacturing.
Networking equipment. Proposed 10% tariffs on Chinese-made routers and modems could disrupt cloud providers reliant on these components.
Data Centers and AI
Construction delays. Steel/aluminum tariffs increase costs for server racks and cooling systems, potentially delaying $80 billion in planned U.S. data center investments.
AI infrastructure. Projects like the $500 billion Stargate initiative face higher expenses for imported components, slowing AI adoption.
Macroeconomic Risks
Trade deficit growth. Despite tariffs aiming to reduce the $1 trillion U.S. goods trade deficit, S&P Global warns retaliatory Chinese tariffs could worsen imbalances.
Job losses. Economic modeling suggests tariffs may cost 125,000+ U.S. tech jobs through reduced consumer spending and IT budget cuts.
Innovation slowdown. While firms like TSMC and Intel accelerate U.S. fab construction, short-term supply chain reallocations divert R&D funding.
Corporate Responses and Limitations
Some companies are attempting mitigation strategies:
Stockpiling. NVIDIA and AMD are urging partners to increase pre-tariff production.
Domestic shifts. Apple plans $500 billion in U.S. manufacturing, while TSMC pledged $160 billion for stateside fabs.
However, these efforts face scalability issues. Building advanced chip foundries takes 3-5 years, leaving gaps in critical components. Meanwhile, 65% of IT firms report difficulty finding tariff-free alternatives for Chinese inputs.
Technical challenge
The main technical graph for US Technology Select Sector Futures CME_MINI:XAK1! (CME Group mode of AMEX:XLK - SPDR Select Sector Fund - S&P500 Technology ETF) indicates on further Bearish market in development since major support of 52-week SMA has been broken already, with possible upcoming Bearish cascade effects in the future.
It is also important to note the almost complete absence of a Trump-a-rally in the 2024 holiday quarter, which contributed to the formation of a multi-resistance top.
Conclusion
While the tariffs aim to strengthen U.S. tech autonomy, their immediate effects—higher prices, supply instability, and strained international relations—outweigh potential long-term benefits. With global IT spending still projected to grow 9% in 2025, the sector’s resilience is being tested by policy-driven headwinds that threaten America’s competitive edge in semiconductors, AI, and consumer electronics.
Investing in S&P500 Technology Sector Futures / ETFs seeks to provide precise exposure to companies from technology hardware, storage and peripherals; software; communications equipment; semiconductors and semiconductor equipment; IT services; and electronic equipment, instruments and components industries; allows investors to take strategic or tactical positions at a more targeted level than traditional wide style based investing.
S&P500 Technology Sector Futures / ETFs are designed for investing at a more targeted Technology level, since nearly 50 percent of holdings weight just a five well-known names:
Name Weight
APPLE INC NASDAQ:AAPL 15.61%
MICROSOFT CORP 12.83%
NVIDIA CORP NASDAQ:NVDA 11.91%
BROADCOM INC NASDAQ:AVGO 5.18%
SALESFORCE INC NYSE:CRM 3.11%
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Best 'Heartbreaking' wishes,
@PandorraResearch Team 😎
Nvidia - That's Officially The Brutal End!Nvidia ( NASDAQ:NVDA ) is breaking all structure:
Click chart above to see the detailed analysis👆🏻
Following previous cycles, Nvidia has been rallying for more than 2 years, creating an overall pump of approximately +1.000%. But now, everything is literally pointing to a significant towards the downside and with a potential drop of -30%, bears are totally taking over Nvidia now.
Levels to watch: $70
Keep your long term vision,
Philip (BasicTrading)
Nvidia (NVDA) Bullish Opportunity – GTC 2025 & AI GrowthCurrent Price: $121.67
✅ TP1: $130 – (short-term resistance, +7%)
✅ TP2: $145 – (medium-term breakout target, +19%)
✅ TP3: $175 – (analyst target, +43%)
🔥 Why Bullish?
1️⃣ GTC 2025 Conference (March 17-21)
CEO Jensen Huang’s Keynote (March 18) is expected to unveil:
Blackwell Ultra (B300 series): Next-gen AI GPU with 288GB memory.
Rubin GPU Preview: NVIDIA’s roadmap beyond 2026.
Quantum Day (March 20): NVIDIA’s first quantum event, showcasing its role in quantum simulation despite earlier skepticism—potentially broadening its tech leadership.
Market Sentiment: High anticipation for AI & chip updates, with some seeing 30%-50% upside if AI demand is reaffirmed (e.g., new contracts, backlog growth).
2️⃣ Analyst Ratings & Price Targets
Strong Buy Consensus from analysts.
Average 12-Month Price Target: $174.79 → +43.59% upside.
Price Target Range: $120 (low) to $220 (high).
3️⃣ Technical Setup – Breakout Potential
Falling Channel Formation – Price is bouncing from strong support (~$115).
MACD Bullish Crossover – Momentum is shifting in favor of buyers.
Breakout Level: Above $130 would trigger stronger upside.
Nvidia Rises Over 4.5% and Reclaims $120 ZoneBy the end of the week, Nvidia's stock has surged to $120 , with the strong bullish movement likely driven by positive results from its largest supplier. Taiwanese company Hon Hai Precision Industry (Foxconn) reported revenues exceeding $30 billion and announced plans to establish the world's largest chip manufacturing plant in Mexico, aimed at improving supply efficiency for its main client, Nvidia. This news has restored investor confidence in the short term, and if this positive momentum persists, the bullish pressure surrounding the stock could intensify further.
Large Bearish Channel:
Despite the recent confidence in Nvidia, it is important to note that since early January, the stock has been forming a large bearish channel, and its current price remains midway within that channel. This suggests that the short-term buying momentum still has room to grow, but it has not yet been strong enough to break the dominant bearish formation.
RSI Indicator:
The RSI indicator has started showing an upward slope, and the RSI line is preparing to cross the neutral 50 level. This could indicate that buying momentum may begin to take control, especially if the RSI line continues to move consistently above this neutral level in the upcoming sessions.
MACD Indicator:
The MACD histogram is showing a similar pattern, as it is currently testing the neutral 0 line. If a crossover occurs, it would suggest that the moving average trends are turning bullish, potentially reinforcing buying confidence in the following sessions.
Key Levels:
$130 – Significant Resistance: This level coincides with the bearish trendline and the 38.2% Fibonacci retracement level. A breakout above this level could challenge the current bearish channel and pave the way for stronger buying momentum.
$115 – Near-term Support: This level aligns with the 61.8% Fibonacci retracement barrier. If bearish oscillations push the price below this level, it could completely negate the current buying sentiment and extend the long-term bearish trend that has persisted for weeks.
By Julian Pineda, CFA – Market Analyst
NVDA Short Term BuyPrice is currently consolidating within a tight range, and a breakout appears imminent. I am looking for a clean break above resistance, followed by a retest of the breakout level, which could provide a strong buy opportunity. If this setup plays out, the next key target would be the $135 level.
However, this move is likely to be a short-term retracement within a larger downtrend. If price struggles to sustain momentum above $135 and shows signs of weakness, it could indicate a continuation of the broader bearish trend. Confirmation will come from price action signals and volume dynamics on the retest.
Nvidia Just Under Major SupportNvidia seems to have been pulled down by the Dow just like Apple as both are just under major support. I'm sorry for my previous Nvidia chart that drew support near 140, I recognize where I screwed up, but this chart should be good. Fortunately actual 117 support wasn't that far below and my NVDA isn't too in the red.
NVDA has the lowest revenue multiple in years right now. I know it's well off it's long term trend line, but it's growth rate is unlike anything it's ever been so expecting a steeper trend line to appear makes a lot of sense. Eventually I would imagine we'll get back to that trend line, but not anytime soon.
The Dow hitting major support should finally lift NVDA and the others that have been dragged down like AAPL and AMZN.
Good luck!
S&P500 Index Goes 'DRILL BABY DRILL' Mode due to Tariffs BazookaThe Trump administration's aggressive use of tariffs — we termed at @PandorraResearch Team a "Tariff' Bazooka" approach due to their broad, unilateral application — has exerted significant downward pressure on the S&P 500 index through multiple channels. These include direct impacts on corporate profitability, heightened trade war risks, increased economic uncertainty, and deteriorating market sentiment.
Direct Impact on Corporate Earnings
Tariffs raise costs for U.S. firms reliant on imported inputs, forcing them to either absorb reduced profit margins or pass costs to consumers. For example, intermediate goods like steel and aluminum—key inputs for manufacturing—face steep tariffs, squeezing industries from automakers to construction. Goldman Sachs estimates every 5-percentage-point increase in U.S. tariffs reduces S&P 500 earnings per share (EPS) by 1–2%. The 2025 tariffs targeting Canada, Mexico, and China could lower EPS forecasts by 2–3%, directly eroding equity valuations6. Additionally, retaliatory tariffs from trading partners (e.g., EU levies on bourbon and motorcycles) compound losses by shrinking export markets.
Trade Escalation and Retaliation
The EU’s threat to deploy its Anti-Coercion Instrument—a retaliatory tool designed to counter trade discrimination—could trigger a cycle of tit-for-tat measures. For instance, Canada and Mexico supply over 60% of U.S. steel and aluminum imports, and tariffs on these goods disrupt North American supply chains. Retaliation risks are particularly acute for S&P 500 companies with global exposure: 28% of S&P 500 revenues come from international markets, and prolonged trade wars could depress foreign sales.
Economic Uncertainty and Market Volatility
The U.S. Economic Policy Uncertainty Index (FED website link added for learning purposes) surged to 740 points early in March 2025, nearing levels last seen during the 2020 pandemic. Historically, such spikes correlate with a 3% contraction in the S&P 500’s forward price-to-earnings ratio as investors demand higher risk premiums. Trump’s inconsistent tariff implementation—delaying Mexican tariffs after negotiations but accelerating others—has exacerbated instability. Markets reacted sharply: the S&P 500 fell 3.1% in one week following tariff announcements, erasing all post-election gains.
Recession Fears and Sector-Specific Pressures
Tariffs have amplified concerns about a U.S. recession. By raising consumer prices and disrupting supply chains, they risk slowing economic growth—a fear reflected in the S&P 500’s 5% decline in fair value estimates under current tariff policies. Industries like technology (dependent on Chinese components) and agriculture (targeted by retaliatory tariffs) face acute pressure. For example, China’s tariffs on soybeans and pork disproportionately hurt rural economies, indirectly dragging down broader market sentiment.
Long-Term Structural Risks
Studies show tariffs fail to achieve their stated goals. MIT research found Trump’s 2018 steel tariffs did not revive U.S. steel employment but caused job losses in downstream sectors8. Similarly, the 2025 tariffs risk accelerating economic decoupling, as firms diversify supply chains away from the U.S. to avoid tariff risks. This structural shift could permanently reduce the competitiveness of S&P 500 multinationals.
Conclusion
In summary, Trump’s tariff strategy has destabilized equity markets by undermining corporate profits, provoking retaliation, and fueling macroeconomic uncertainty.
Overall we still at @PandorraResearch Team are Bearishly calling on further S&P 500 Index opportunities with further possible cascading consequences.
The S&P 500’s recent slump reflects investor recognition that tariffs act as a tax on growth—one with cascading consequences for both domestic industries and global trade dynamics.
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Best 'Drill Baby, Drill' wishes,
@PandorraResearch Team 😎
Nvidia (NVDA) Share Price Rises Over 6%Nvidia (NVDA) Share Price Rises Over 6%
The NVDA stock chart shows that following yesterday’s trading session, the share price climbed over 6%, outperforming the Nasdaq 100 index (US Tech 100 mini on FXOpen), which gained just over 1%.
Despite this recovery from a six-month low, NVDA shares remain down 15% year-to-date.
Why Did Nvidia (NVDA) Shares Rise Yesterday?
Positive sentiment swept through the stock market after U.S. inflation data came in lower than expected. The Consumer Price Index (CPI) for the month stood at 0.2%, below analyst forecasts of 0.3% and the previous reading of 0.4%.
Investors may now be looking for opportunities following the March sell-off, triggered by Trump’s tariff policies and recession fears—and NVDA shares appear attractive in this context.
Barron’s suggests that NVDA stock may currently be undervalued, while MarketWatch cites BofA analyst Vivek Arya, who advises investors to focus on Nvidia’s gross profit margins as a key driver of significant share price growth.
Technical Analysis of NVDA Stock
Earlier this month, we identified a descending channel (marked in red) and suggested that its lower boundary could act as support—which was confirmed (highlighted by the circle).
Bullish perspective:
- The stock opened with a bullish gap and gained throughout the session, failing to hold below the psychological $110 level.
Bearish perspective:
- The price remains within the descending channel, with the median line potentially acting as resistance.
- The $117.50 level, previously a support, has turned into resistance (as indicated by the arrows) and may pose a challenge to further recovery.
NVDA Share Price Forecast
According to TipRanks:
- 39 out of 42 analysts recommend buying NVDA stock.
- The average 12-month price target for NVDA shares is $177.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Should wait for the Breakout..Bearish Divergence on Weekly & Monthly TF.
However, Hidden Bullish Divergence is appearing
on Weekly TF which is actually a Positive sign.
Immediate Support seems to be around 126 - 130.
But if 140 is Sustained on Weekly basis, we may witness
further Upside around 150ish.
Best Approach would be to wait for the Rectangular Channel
Breakout.
NVDA Lost it's key support level. Are we headed to 50$ ?The critical support level has been breached, and the price action suggests we could be headed toward the $50 zone 📉. Adding fuel to the bearish case, we see a major bearish divergence on the MFI indicator, signaling weakening momentum.
Is this the beginning of a deeper correction? Stay sharp! ⚠️
Your Stock, My Analysis – Key Levels Straight to Comments!Hey-hey
I want to give back to this amazing community! If you need a technical analysis (TA) on almost any asset, here’s all you have to do:
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🔗 I picked 75 stocks from the S&P 500 purely based on technicals – and they outperformed the index.
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NVIDIA 9-month Channel Up bottomed! Is it a buy??NVIDIA Corporation (NVDA) has been trading within a Channel Up pattern for almost 9 months (since the June 20 2024 High). The correction since the start of January is technically the pattern's Bearish Leg and yesterday it hit the bottom (Higher Low trend-line).
Last time it did so was on August 05 2024 and an instant rebound followed. That was also the time the 1D RSI was on the 34.00 Support, just like today. In fact every time in the past 11 months that this RSI Support was tested, the price rebounded aggressively by at least +26.85%.
Since the previous Higher High rebound peaked on the 1.236 Fibonacci extension, our Target on the medium-term will be $164.00.
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NVIDIA: Megaphone bottomed. Rally to $195 starting.NVIDIA is almost oversold on its 1D technical outlook (RSI = 34.183, MACD = -6.220, ADX = 39.717) as it reach the bottom (LL) trendline of the Megaphone pattern that it has been trading in since November 21st 2024. This is not the first time we see NVDA inside such Megaphone pattern. As a matter of fact, it was during July-October 2023 when it last did so. The 3rd LL was the buy signal and it coincided with a Triple Bottom on the 1D RSI. This is the exact position we are at right now. The stock has completed three lows below the 1D MA50 and looks ready to rebound with force. The smallest recent rally has been +86.41%. The trade is long, TP = 195.00.
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NVIDIA can reach $300 by the end of the year.Crazy as it may sound, NVIDIA / NVDA may recover from the current pull back and hit $300 by the end of the year.
The reason is that the consolidation it has been in for the past 9 months, has been spotted on both previous long term growth Channel Up patterns right before the Channel topped.
As a matter of fact, it was the last year of its bull rally. The previous consolidation phase's bottom was in March 2021 and before that in April 2017.
As we've entered March 2025 with the price sitting right at the bottom of the 2.5 year Channel Up, the probabilities of a final rally increase.
The previous two have been +206% and +217% respectively.
The $300 Target sits right under a potential +206% increase.
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Nvidia’s Sell-Off Deepens: How to Capitalize on the Decline?📉 Nvidia’s Technical Breakdown:
● Nvidia’s stock has been caught in a storm of selling pressure over the past month.
● The recent breach of critical trendline support levels suggests the downward trend could gain momentum in the days ahead, opening the door for savvy traders to capitalize on the bearish momentum.
🔄 NVDS: The Perfect Inverse Play for Nvidia’s Slide
● For those looking to navigate this decline, an inverse ETF like NVDS NASDAQ:NVDS offers a compelling opportunity.
● Designed to move in the opposite direction of Nvidia’s stock, NVDS has shown a chart pattern that almost perfectly inverse Nvidia’s price action.
● This makes it a strategic tool to potentially profit from the stock’s anticipated slide.