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Nvidia

NVIDIA Stock Goes Diving-Dressed ahead of Dotcom Crash RepeatingNvidia’s stock recently experienced a significant decline, tanked to 6-month low reflecting a mix of investor sentiment shifts, market dynamics, and company-specific concerns. Here’s our @PandorraResearch Team ̶M̶u̶m̶b̶o̶ ̶j̶u̶m̶b̶o̶ fundamental and technical breakdown of what is going on with Nvidia stock NASDAQ:NVDA and why: 1. Cooling AI Enthusiasm Nvidia has been at the forefront of the AI boom, with its chips powering advanced AI platforms. However, investor optimism about AI-related stocks has begun to wane. While Nvidia reported impressive revenue growth (122% in recent earnings), its future guidance failed to meet sky-high expectations. Investors are increasingly concerned that the returns from AI investments may take longer to materialize than initially anticipated. This cooling enthusiasm has led to a reassessment of Nvidia’s valuation, contributing to the stock's decline. 2. High Valuation Concerns Nvidia’s price-to-earnings (P/E) ratio had soared to levels significantly higher than industry averages, reflecting lofty expectations for its future growth. At its peak, Nvidia was trading at 45 times expected earnings, compared to the S&P 500’s average of 22 times. Such high valuations often make stocks vulnerable to corrections when market sentiment changes or growth slows. The recent sell-off suggests that some investors are beginning to view Nvidia’s stock as overvalued. 3. DOJ Antitrust Investigation Another factor weighing on Nvidia’s stock is news of a U.S. Department of Justice (DOJ) subpoena investigating potential antitrust violations. The probe reportedly focuses on whether Nvidia’s business practices limit customer options or stifle competition. While no formal charges have been filed, such investigations create uncertainty and make investors jittery about regulatory risks. 4. Broader Market Pressures The decline in Nvidia’s stock also coincides with broader market challenges. Rising interest rates and concerns about the U.S. economy have led many investors to shift away from high-growth tech stocks like Nvidia toward more stable, rate-sensitive investments. Additionally, a general downturn in the Nasdaq Composite index has amplified the pressure on Nvidia shares. 5. Profit-Taking After a Massive Rally Before its recent drop, Nvidia had seen meteoric gains—its stock surged over 120% in one year and briefly became the world’s most valuable company. Such rapid growth often attracts profit-taking as traders sell off shares to lock in gains. Analysts described this as a "routine selloff" after an extraordinary rally. Technical challenge The main technical 3-month log scaled graph for Nvidia's stock indicates on unattainable highs never seen before since Dotcom crash, reached through a massive long term path inside upside channel. Conclusion Nvidia’s stock decline is driven by a combination of factors: tempered AI optimism, valuation concerns, regulatory uncertainty, broader economic pressures, and profit-taking after an exceptional run-up. While some analysts remain bullish on Nvidia due to its dominance in AI hardware, others see the pullback as a natural correction in response to overextended valuations and shifting market conditions. -- Best schadenfreude wishes, @PandorraResearch Team 😎
NASDAQ:NVDA
by PandorraResearch
Nvidia’s Sharp Decline: Market Turbulence or Buy Opportunity?Nvidia ( NASDAQ:NVDA ) shares took a steep dive on Monday, falling nearly 9% after former President Donald Trump confirmed that tariffs on imports from Canada and Mexico will take effect on Tuesday. This sharp drop contributed to broader market weakness, with the Dow tumbling 800 points (-1.8%) and the Nasdaq Composite sliding over 3%. Despite Nvidia’s recent earnings beat, its stock has fallen over 13% since last Wednesday, erasing its $3 trillion market cap and bringing its valuation down to $2.79 trillion. However, Tuesday’s trading session saw a notable rebound, with NASDAQ:NVDA gaining 3% as buying pressure returned. Given the technical setup and macroeconomic factors at play, is Nvidia poised for a comeback? Tariff Fears and Supply Chain Scrutiny Nvidia’s revenue surged 78% year-over-year to $39.33 billion in its latest earnings report, surpassing analysts’ expectations. However, investor sentiment remains cautious due to the uncertainty surrounding new trade tariffs. Trump’s 25% tariff on imports from Mexico and Canada could impact Nvidia’s supply chain. While most of Nvidia’s chips are manufactured in Taiwan, other high-end components and full computing systems are assembled in Mexico and the U.S., making them subject to the new duties. Technical Analysis Despite Monday’s sharp sell-off, Tuesday’s market session saw a 4% bounce, signaling potential recovery. Key technical indicators suggest a possible shift in momentum. Nvidia’s relative strength index (RSI) has dipped close to oversold territory, suggesting the stock may be due for a reversal. NASDAQ:NVDA is trading at levels last seen in September, a historically strong support area that could trigger buying interest. With traders digesting tariff implications and market conditions stabilizing, Nvidia could see a short-term bounce if momentum continues.
NASDAQ:NVDALong
by DEXWireNews
$NVDA to $130, then a crucial decision.Sure, NASDAQ:NVDA is in a downtrend, but the $114 bottom has been confirmed, which should lead to $130. After reaching $130, we'll see if the king is back. A double bottom pattern is a classic technical analysis formation indicating a significant trend change and momentum reversal from a previous downtrend. It involves a security or index dropping, rebounding, dropping again to a similar level, and then rebounding once more (potentially starting a new uptrend). This pattern resembles the letter "W." The twice-touched low is now seen as a crucial support level. As long as these two lows hold, there is new potential for an upside. BUY $130 NOW and enjoy the ride
NASDAQ:NVDALong
by sej4974
1
Nvidia (NVDA) Stock Hits New Yearly LowNvidia (NVDA) Stock Hits New Yearly Low The NVDA stock chart shows that during yesterday’s trading session, the price dropped to $112.16, marking: → A new low for 2025, surpassing the previous bottom set on 3 February. → The lowest price in nearly five months. Why Is Nvidia (NVDA) Stock Falling? Bearish sentiment may be driven by: → A Wall Street Journal report stating that Chinese companies can still access Nvidia’s latest Blackwell chip despite Biden-era restrictions. Investors may fear tighter regulations, as the U.S. aims to limit technological advancements for geopolitical rivals. → The impact of Trump’s trade tariffs, which continue to disrupt global markets. Technical Analysis of NVDA Stock As noted in our report five days ago, NVDA’s price is forming a more defined downward channel (red) while moving further away from the Rising Wedge pattern (blue). How Low Could Nvidia (NVDA) Stock Drop? Despite NVDA’s weak performance relative to the broader market, investors may seek long positions in this former 2024 market leader. Potential support levels: → The lower boundary of the red channel. → The psychological $100 mark. If the Rising Wedge plays out, bears may target $85, based on the A-B range projected from point C. A high-risk bullish argument could suggest that yesterday’s drop was a false bearish breakout below the 3 February low. NVDA Stock Price Forecast Analysts remain optimistic, possibly due to last week’s strong earnings report. According to TipRanks: → 38 out of 41 analysts recommend buying NVDA. → The 12-month average price target is $178. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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.
NASDAQ:NVDA
by FXOpen
1
The key is whether there is support around 121.82-123.90 Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (NVDA 1W chart) The key is whether it can receive support and rise around the Fibonacci ratio range of 0.5 (120.14) ~ 0.618 (127.46). If not, and it falls, it is expected to touch the M-Signal indicator on the 1M chart. Accordingly, there is a possibility that it will touch around 104.75. - (1D chart) The key is whether it can rise above 121.82-123.90 and receive support. If not, 1st: Fibonacci ratio 0.382 (113.42) 2nd: 104.75 You need to check whether it is supported near the 1st and 2nd above. At this time, the important thing is whether the price can be maintained above the M-Signal indicator of the 1M chart. If it falls below the M-Signal indicator of the 1M chart and remains, it is likely to turn into a downtrend, so be careful when trading. - Thank you for reading to the end. I hope you have a successful trade. --------------------------------------------------
NASDAQ:NVDA
by readCrypto
Cryptocurrency and Stocks will DecoupleI still remember the AI saying that NVDA was going to 320 "in the near future." This was back in June 2024. No matter when you asked the AI, its only prediction would be up, it couldn't make an analysis based on the data coming from the chart. The program wasn't very intelligent, that's what I concluded. I disagreed. NVDA is going down and this is now fully confirmed. We are seeing a very long distribution phase and the crash is now taking place. Ok, but what about Bitcoin? Bitcoin will decouple from traditional markets, just look at the news. While Cryptocurrency is due a generational bullish wave, the stock market is due a generational retrace. I honestly don't know how the stock market will perform but I can look at individual charts. NVDA is bearish and going down strong. NVDA, TSLA, the SPX, the NDX and Crypto are not the same. These are two completely different monsters. The SPX and NDX is landline. Crypto is free wireless internet for all. The SPX and the NDX is centralization and control. Bitcoin is decentralization, innovation, technology and freedom. Times change. The stock market will recover and it is sure to continue growing long-term. Will the establishment let it crash or will they jump in and pump it up? I don't know. But NVDA is bearish and going down. What one does, the rest follows. But, what about Bitcoin? Bitcoin is going up. It is very simple. They will decouple, they will not move together anymore. Many, many Altcoins are trading at bottom prices, many stocks are trading high up. The giant stocks will crash, while the Cryptocurrency market goes up. This is one more of the reasons why we are about to experience the biggest bull-market in the history of Crypto. People are evolving, the world is changing. We are changing from centralized monopoly money, to a free decentralized technology that is available for all. Money is not the paper, the shiny stone or the codes; money is what we decide to use for the purpose of exchanging value. At one time, salt used to be money as well as cows. Sea shells, glass and cacao are also on the list. People used to use these things as money. The argument that Bitcoin has no value is obviously flawed. If you want to buy a Bitcoin you have to pay a price, that's value, nothing more. If we decide to use something as money, it becomes money. Bitcoin is money for the new generation. The old generation dies out and a new one takes its place. Life will continue to evolve and money will do the same. Now it is Bitcoin, later down the road it will be something else. But Bitcoin has value, it is really expensive and it will continue to grow. After the crash, NVDA will recover for sure. Namaste.
NASDAQ:NVDAShort
by MasterAnanda
3
Nvidia stumbles to test 200 MA post earningsWill the dip buyers emerge here? US markets continue to remain on the back foot, with the tech sector in sharp focus after Nvidia’s earnings. The chip giant initially climbed over 1% in pre-market trading but swiftly reversed, dropping 4% as investors reacted to results that, while decent, failed to dazzle. With chipmakers driving market volatility and concerns mounting over US-China tech tensions, Nvidia’s performance today could set the tone for the sector. Adding to uncertainty, Donald Trump reignited trade war fears, announcing that tariffs on Mexico, Canada, and China will take effect on 4 March. Let's see if Nvidia dip-buyers will emerge to defend the 200-day MA around $126 area, or whether we will see further weakness heading into the close. Next key levels to watch include $120.00 and $115.00. Wednesday's low of $128.50 is now the key resistance level to watch. It would be a bullish scenario if we go back above this level now. On a macro front, attention turns to Friday’s Core PCE data following weak economic reports, including a 4.6% slump in pending home sales and rising jobless claims. Next week we have ISM PMIs and NFP jobs report, as well as a rate decision from the ECB, all to look forward to. By Fawad Razaqzada, market analyst with FOREX.com
NASDAQ:NVDA
by FOREXcom
Nvidia Flexes Bold Guidance but Can the Chipmaker Deliver on It?Chief Jensen Huang showed hubris on the earnings call right after Nvidia NVDA reported another blockbuster quarter with record sales and soaring profits. He said that demand for the new Blackwell chip is “amazing.” “Well, I'm more enthusiastic today than I was at CES We have some 350 plants manufacturing the 1.5 million components that go into each one of the Blackwell racks, Grace Blackwell racks. Yes, it's extremely complicated,” Huang said. “Nothing is easy about what we’re doing, but we’re doing great.” Everyone and their dog was glued to the screen after-hours Wednesday, waiting to hear what the most important person for the stock market was going to say. And many were hoping it’ll be good and Nvidia will save us from the recent selloff that spilled from tech stocks to all stocks . And indeed, it was another stellar performance by Nvidia. For the fourth quarter ended January 26, the chipmaking giant pulled in record revenue of $39.3 billion, up 80% from a year ago, topping analyst estimates for $38 billion. Earnings per share reached $0.89 against Wall Street guidance for $0.84 a pop. Net income landed at $22.1 billion, up 80% from a year earlier. Without a doubt, Nvidia continued its string of record-shattering results. And, what’s more, that’s also what Nvidia thinks will happen with the current quarter. The company projected revenue of $43 billion for the first three months of 2025, up 65% from the year-ago quarter when sales hit $26 billion . To get to that figure, and keep the growth going, Nvidia will need to retain all its deep-pocketed clients like Amazon AMZN , Meta META , Microsoft MSFT and Alphabet GOOGL . These four alone make up about half of Nvidia’s revenue. Other customers with buckets of cash include ChatGPT parent OpenAI and Elon Musk’s Tesla TSLA . As to the share price, investors didn’t really cheer the upbeat guidance or the double beat on both earnings and revenue. The stock showed virtually no reaction in extended trading — could it be that markets expected an even bigger blowout performance? Or maybe they don’t believe in Nvidia’s business model after DeepSeek achieved for mere millions what OpenAI achieved for hundreds of millions? Year to date, Nvidia, the second-largest company in the world , is down 5% to $3.2 trillion. It’s drifted about 10% away from the all-time high hit in early January. And with this, make sure to closely watch the earnings calendar for other hot reports as AI history is being made before our eyes. What’s your take on Nvidia’s future? Do you think its Big Tech clients will soon whip up their own AI chips? Or is Nvidia’s AI dominance set in stone? Share your thoughts in the comment section!
NASDAQ:NVDA
by TradingView
12
NVIDIA's Momentum Analysis: Strong Fundamentals & TechnicalsUnpacking NVIDIA's powerful Q4 2025 performance with record revenue of $39.3B (up 78% YoY) and explosive Data Center growth of 93%. Technical analysis reveals strong support at the 50-day MA ($130-$134) with resistance at the all-time high ($153.13). Recent price action shows bullish momentum with key technical indicators pointing to continued strength. Essential viewing for investors navigating NVIDIA's post-earnings trajectory.
NASDAQ:NVDALong
by Entrenched
1
Nvidia (NVDA) Share Price Dips Slightly After Earnings ReportNvidia (NVDA) Share Price Dips Slightly After Earnings Report Following the close of the main trading session yesterday, Nvidia released its quarterly earnings report, exceeding analysts' expectations: → Earnings per share: Actual = $0.89, Expected = $0.84 → Revenue: Actual = $39.3 billion, Expected = $38.1 billion (a 78% increase year-on-year) It was also revealed that Nvidia’s latest AI chip family, Blackwell, generated $11 billion in sales for the quarter. This eased concerns that transitioning to the Blackwell chip series could lead to a decline in revenue. How Nvidia (NVDA) Shares Reacted to the Earnings Report Despite the strong earnings, Nvidia’s share price did not benefit significantly. Post-market trading saw heightened volatility, with NVDA shares fluctuating between $126 and $136 in the first few minutes after the report’s release. As volatility subsided, NVDA stabilised around $129, slightly below Wednesday’s closing price of $131.37, reflecting a decline of approximately 1.7%. Technical Analysis of NVDA Stock Chart In February, NVDA’s share price continued to hold below the lower boundary of its previous upward trend channel after failing to break the psychological barrier at $150. Specifically: → The lower channel boundary has now acted as resistance (indicated by the arrow). → A downward trend channel (marked in red) is becoming increasingly apparent. As a result, NVDA shares have not shown the ability to recover from the panic sell-off on 27 January, when Nvidia and other leading AI companies saw their stocks plummet following the success of Chinese startup DeepSeek. NVDA Share Price Forecast Analysts remain optimistic, possibly due to the expected increase in AI-related capital expenditure by major tech firms in 2025. Additionally, the upcoming GTC conference could serve as a bullish catalyst, likely featuring new product announcements within the Blackwell family. According to TipRanks: → 33 out of 36 analysts recommend buying NVDA shares. → The 12-month average price target for NVDA is $177. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. 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.
NASDAQ:NVDA
by FXOpen
Magnificent Seven & Hot Stocks: A Technical OverviewHello, The past few days and weeks have brought a lot of movement in the stock market, and things seem a bit more redish than before. However, these kinds of moments also bring good opportunities—if you know where to look. That’s why I decided to take a closer look at the some stocks from Magnificent Seven, scan some of the top market cap stocks, and give a short overview of what’s happening and what to watch. Since technical analysis helps bring clarity in uncertain times, I will go over some key levels and liquidity zones that could present good opportunities. I will also cover a few stocks that are currently making headlines and generating a lot of interest in the investment world—such as Robinhood (HOOD) and Palantir (PLTR). Let’s see what the market has to offer. Microsoft (MSFT) Microsoft has not made any major moves in the past few weeks, but selling pressure has started to build up, and the stock is now trading at its lowest levels in the past six months. The most interesting and strongest support area is between $290 and $300. This is a level worth keeping an eye on. -------------- Amazon (AMZN) Yesterday, I got an alert from TradingView that AMZN has dropped into an interesting price zone after a small correction. If you don’t already use alerts, I highly recommend setting them up—keeping track of every stock manually is nearly impossible. The $175–$210 zone is technically solid. Yes, it’s a wide range but there are different strategies you can use here. Amazon (AMZN) – What to do? If you don’t own AMZN yet, this could be a good spot to start building a position slowly. Buy a little in the upper part, a little in the middle, and a little in the lower part of this zone to get a balanced entry. If you already own AMZN, I’d rather wait and aim for the middle of the range if you want to add more. If the stock takes off from here, you already have a position, so there’s no real FOMO. No need to rush. Of course, this is just a technical view—you should still analyze the fundamentals and your investment thesis. The technicals have spoken and now it’s time to listen to the fundamentals. That way, you get the full picture and can react accordingly. -------------- Alphabet (GOOG) GOOG failed to break through the psychological $200 level. It has tested this level multiple times since the start of the year, but the result has been red candles. If you already own the stock and are considering adding more, or if you are thinking about an entry, the $140–$160 zone is worth watching. At the moment, I don’t see a more logical technical entry. -------------- Meta Platforms (META) META has dropped 12% from its all-time high in just a few weeks. The stock has now slowly come to, what I call, a "picking zone" (if you have a better name for it, let me know! :D)—meaning a price range where those who make regular buys might want to pay attention. Right now, the key levels to watch are ~$612 and ~$500, with $500 being the stronger level. The price has consolidated there a bit longer than around $612, and it also acts as a psychological support level. -------------- Berkshire Hathaway (BRK.B) Berkshire has reached what I consider a profit-taking zone. If your fingers are itching and your wallet is waiting for a top-up, then why not? This doesn’t mean selling everything, but it could be a good spot for a partial exit—especially if you need capital for something else. Why is this a logical profit-taking point? Looking at previous price behavior around round numbers, we can see a pattern that works every time and your money can be “stuck” for years. When a stock approaches a big round number for the first time, it tends to: Consolidate – move sideways for a long time. Get a strong correction – like Berkshire has done before. Let’s make the round number concept clearer. Imagine a stock price starts moving up from $30 and eventually reaches $1000. Within this range, the key round numbers for me are: $50, $100, $200, $500, and $1000. These are levels where major market reactions often occur or levels that I trust the most as a criterion. Let’s take Berkshire for example, touching these numbers for the first time: $50 → 50% drop, took 5 years to recover. $100 → Another 50% drop, also took 5 years to break higher. $200 → Multi-year consolidation, 20% drop. $500 → And now we’re here—your choice! In a long-term portfolio, there are essentially two types of sales: The investment thesis is no longer valid Capital is needed for another purpose If neither of these conditions is met, there’s no real reason to sell. However, if you need capital within the next six months, this could be a good point to do so. Historically, we’ve seen a pattern where the stock either undergoes a correction or remains stagnant for an extended period. That makes it a perfect candidate for profit-taking—and if a correction does happen, there’s always the opportunity to buy back at lower prices. At the moment, buying this stock could mean it stays within this price range for a few years, so I wouldn’t rush into new purchases. -------------- Tesla (TSLA) Historically, Tesla has followed technical analysis well due to its high volatility. It reflects market psychology very clearly, leaving visible footprints on the chart... ----- I also cover these topics in-depth over on my Substack channel, where I break down the full picture and share my insights on the rest. If you want the complete breakdown and my take on what’s next, head over to my Substack (ENG). 🔗 Find the link in my BIO under the Website icon or simply copy and paste it directly. See you there! 👀 Cheers, Vaido
NASDAQ:NVDALong
by VaidoVeek
NVIDIA Earnings due today Nvidia's upcoming earnings report, set for release after the US market close, remains a key event for traders, given its broader implications for the AI and semiconductor sectors. Since DeepSeek's January announcement, which suggested that AI development may not require significant investments in computing power and infrastructure—areas where Nvidia has a dominant presence—the stock has been trading within a consolidation range. Options market data indicates an implied move of approximately 8.5% in either direction, signalling heightened expectations for volatility. From a technical perspective, the key trading level to watch is 129.55. Potential upside remains capped by resistance levels at 137.50, followed by 140.00 and 146.50. Conversely, downside movements find initial support at 122.10, with additional key levels at 117.50 and 113.85. These levels may serve as important reference points for price action following the earnings release. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
TRADENATION:NVDA
by TradeNation
$NVDA Earnings SetupNASDAQ:NVDA Nvidia needs to absolutely dominate the market with both earnings and guidance. Last time they beat by 10% and sold off. Right now is a very difficult time in the market. Many tech companies are beating earnings, then selling off. Shay expects Nvidia to report strong earnings, however, he sees Nvidia having a pullback quarter but the timing is uncertain. As long as it holds the 200 MA, he remains in position. Nvidia has cemented its position in the AI and quantum computing thematics, with its CUDA platform and NVDL Link being essential for future workloads. Doubt remains though about lowered AI cloud workloads due to compute restraints. Demand is still way higher than supply, but questions remain surrounding easing of supply constraints and whether Nvidia has another leg left for exponential growth. Here are our key levels to watch through earnings: Under bullish trendline and $130.56, aim for $114. Over bullish trendline and $130.56, aim for $140.
NASDAQ:NVDA
by PennyBois
NVDA Near Historic Highs: Awaiting Key Breakout SignalsI’m sharing a weekly chart analysis for NVDA, focusing on its current position near historical highs at $129 after a bounce from $90. From the logarithmic scale chart, it's clear that NVDA has been in a long-term progression channel since July 2015. Currently, the price is positioned on the upper deviation line of this channel, indicating a potential resistance area. Given this position on the logarithmic scale, I am leaning towards a short bias as it suggests we could see a pullback or correction. I’ve also identified two cup & handle patterns, each with their respective targets. However, these patterns will only be validated based on the next price movements. While there is still a blue support trend and a red resistance trend in play, the price near its historical highs and its proximity to the upper boundary of the progression channel suggest that a downward movement could be more likely. However, due to the large time scale of the weekly chart, we should wait for further confirmation of a downtrend before taking a short position. For now, I recommend caution and suggest waiting for a confirmed breakout or breakdown from the current channel before making any decisive trades. I’d love to hear your insights and thoughts on this setup.
NASDAQ:NVDA
by Eymen-GUVEN
NVIDIA Rejected on the most important Resistance of all.Last time we looked at NVIDIA Corporation (NVDA) was just 20 days ago (January 29, see chart below) but we managed to get the exact bottom buy opportunity on the 1W MA50: As the stock reacted with an immediate and relentless rally of 10 straight green 1D candles, it hit yesterday its first hurdle, the All Time High (ATH) Lower Highs trend-line and closed in red. This Lower Highs trend-line is historically very important as every time a similar technical structure broke in the past 2 years, a strong rally followed. The early ones were stronger, which is natural to expect as the company was recovering from the 2022 Inflation Crisis and had enormous room to grow. On a side-note, the 1D RSI rebounded on its 34.00 Support, where the stock's last two bottoms were priced. As a result, we believe that if NVIDIA breaks and closes above the current Lower Highs trend-line, it should at least repeat the last rally from its bottom (+68.69%), which translates to a $190 medium-term Target. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NASDAQ:NVDALong
by TradingShot
NVDA - Back again, now down again?The pattern seems to repeat. Again, we had a HAGOPIAN, which sais, that price goes back more than from where it came, and this rule was right. Up in here, I'm not that confident anymore that price will reach the Centerline. But, it's not about what I think, or how confident I'm are. I just have to follow my Strategy and act according to the Rules, the trading framework of the Medianlines. That said, we either shoot up on earnings, or we definitely tank down. For now, there is no trade, only a Gamble. I rarely gamble, so I'll sit on the sidelines and let it happen whatever will come out on earnings. As for a Lotto-Ticket, I would buy some Puts and just have fun to watch how they get burned, or how I get a Christmas Moment in the beginning of the new year §8-)
NASDAQ:NVDAShort
by Tr8dingN3rd
2