Nvidia Stock - Close to BreakoutNvidia Stock - Close to Breakout
Short term Short, but Long if breaks through resistance line.
Nvidia
Nvidia Analysis 17.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVIDIA (NVDA) RTX OFF! the weakness in the demand for graphics cards used in gaming personal computers and the ban on sales of chips used in supercomputers to China are likely to impact investor sentiment negatively
I start shorting NVDA at 250 and not going to close it till we hit 80, I think buying at 70 zone is the best time to buying the dip
Bears broke 130 support and ready for 90 level
Nas100 Simple Chart AnalysisNasdaq - Trip bottom in a making for tech sector? Individual may play some US tech counter for this rebound. Majority tech will move if this rebound continue.
AMD, Nvidia, PYPL, Netflix, Appl, Microsoft. Good fundamental preferable.
Nvidia a trillion company the fib levels on retracements on bull and bear seem to be working very accurately .. maybe
we can wait for the retracement and ride it back to next target
Nvidia short when get the target pricewe wait for nvidea to enter short when get this price .
Waiting is the most important for getting profits
If BTC stabilzes at 12k-14k then keep an eye on ETH and Nvidia Risk-of since last week US CPI and FED rates decision also have an impact on cryptos, with BTC breaking the bear flag, possibly headed lower into wave 5. At the same time I want to see if Nvidia can hold the lows.
Nvidia Analysis 15.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Nvidia Analysis 09.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
NVIDIA Corporation | Strong Bullish Bias, Looking Like CryptoI remember NVIDIA from when I was a young kid... NVIDIA, Intel, AMD as they made the chips and graphic cards for all of our playing/gaming... Those days.
See how things converge, now NVIDIA is intertwined with Cryptocurrencies and once again this is our playground, with Cryptocurrencies we work and play.
NVIDIA Corporation (NVDA) Weekly Chart Analysis
There is a very strong bullish bias fully confirmed on this chart.
The classic signals go as follow:
- Trading above EMA50, EMA10 and MA200.
- Very strong RSI on a high timeframe.
- Multiple consecutive weeks of bullish action/green candle close.
Back in March 2020 NVDA produced a V shaped recovery and bounced right off the MA200 line. This lead to a strong bull-run.
Now, in October 2022 NVDA produced a V shaped recovery bouncing right off the MA200 line. Closing above 174.16 opens the door for additional growth.
What's more:
- We have a perfect 5 wave abcde correction preceding the current bullish action.
- The low also ended exactly at a -9 on the TD Sequential.
- The low/support also matches perfectly the 0.786 Fib. retracement level relative to the bullish wave from March 2020 to November 2021.
All these signals are telling us that a cycle is complete.
That support is strong.
That NVIDIA is ready for sustained growth.
Namaste.
Nvidia Targeting A Test Of Range ResistanceIn this update we review the recent price action in Nvidia and identify the next high probability trading opportunity and price objectives to target
Nvidia Approaching Major Resistence Nvidia approaching major resistance in this year's strong downtrend. It has about 3% more to go before reaching the key $170 level where it rejected recently. From there, it has little room before running into the brick wall that is this year's bear market. I suspect, depending on the coming week's opening, Nvidia will rally until touching the key $170 level where it will meet strong selling.
In my opinion, the more likely outcome is that Nvidia rejects off 200 SMA and key level and drills down. This depends, however, on the PA of SPY next week. If SPY decides to rally past its yearly resistance zone, Nvidia will follow and possibly break 200 SMA. For those going short, take profits at first, ~$140, then ~$130, then final support at ~$110.
What to Expect for NVDA Share in This Earning Week?Nvidia (NVDA) Will report its third financial quarter results this Wednesday. A loss of $0.7 per share and 15.7% year-to-year decline in revenue expected by Zacks for the quarter. Revenue is driven mainly by the slowdown of gaming segment, disturbed supply-chain and the growing data center business.
On the two-hour chart, the prior support level of $168.33 is a key level to watch, as it may serve as a base for a further bullish run toward the $179.47-173.78 area.
On the other hand, we may see a reversal of the bullish trend since the NVDA share is trading in the oversold level as indicated by the RSI and close to the top edge of the Bollinger Band. If the NVDA share falls below $159.75, it may continue to fall toward the $151.83-149.90 area, with a further bearish target of $145.38-137.60.
NVIDIA Corporation Technical AnalysisAfter a drop of little over 60% in the past year, NVIDIA has created a bullish divergence on a previous support line.
1 Year analyst targets according to Tradingview is $202/share, which constitutes roughly a 60% price increase
from current price.
My plan for NVIDIA as of right now is a swing trade earning to make anywhere from 30-50% in the next couple of months,
I don't see the stock price falling drastically more as of right now, according to the fundamentals we have seen a
drop quite consistently with the drop we have seen thus far reflected in the stock price.
I'm looking to take profit around the previous high of $190/share, most likely liquidating my position at $185/share,
netting a total of +47% ROI from today's price.
If NVIDIA were to drop further, (although I don't see it dropping below $100/share without the help of external factors)
I still think NVIDIA is a solid company as well as they have a major market share in the computer
technology sector, and I will most likely retain my position were the price to drop further, although
this would have to depend on a revision of my current analysis.
Summary:
NVIDIA created a divergence on previous support on 4H chart.
Entry price: $125/share
Target price: $185/share
Long-term holding possible if swing trade does not
turn out as expected, granted fundamentals does not change.
Disclaimer:
It might not be a bad idea to conduct a qualitative analysis
of the computer sector if you want to follow my trade
as there is a lot of external factors happening in the world
that might affect the result of this trade.
Short Position for NVIDIAThe price bounced on the support line and now is approaching the resistance from the wedge and the Keltner channel.
We expect that the price will reach the resistance line soon , get rejected and drop back to target point as in short position.
Entry, Stop loss and target are shown in the chart
Good luck.
NVIDIAFriday, 21 October 2022
23:59 PM (WIB)
Check frequently for the fluctuates price until meeting the ascending support lines.
NVIDIA Corp., Monthly, The Cisco Analogy and demand zonesAs with Tesla stocks, such increases were unsustainable. In my opinion, Nvidia is a very qualitative company, so after potential drops under the Cisco analogy ( CSCO ) from the dotcom bubble, it may be worth buying. Cisco ( CSCO ) during the dotcom bubble grew by 1500% from March 1997 to March 2000 (35 monthly bars) and then decreased by 90.10% (in 31 monthly bars). According to the analogy, the low would form in 2024 (March - August), but it may also be in about April '23, when, referring to the bearish analogies on the S&P 500 , the bear market may end. Bouncing off the green "buy" line will be a very strong bullish signal for me, but it needs to be aware of the price action after entering the first demand zone . The post-crisis price rebound should be over 150% in just over 440 days.
Last Hope for Nvidia? Hold $129While NVIDIA got new lower low from July, I think $129 is the key level for NVIDIA to hold.
Second is we need RSI to turn around so we can get a divergence.
Third is we need to get above the order block and hold above it.
This is only chance for bulls.
Pivot confirmed on Nvidia. NVDAC Wave of Zigzag on a background of negative strikes on parabolic and volatility indicators.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NVDA NVIDIA Corporation Strongest SupportNVDA NVIDIA Corporation looks ready for a technical rebound.
A technical rebound refers to a recovery from a prior period of losses when technical signals indicate that the move was oversold.
In this case, the Relative Strength Index momentum indicator of NVDA is below 30.
Even though i am overall bearish on the economy, buying a strong financial instrument when the RSI is below 30, would make a case for a potential short term reversal.
Looking forward to read your opinion about it.
NASDAQ decision time soonusing Nasdaq futures to monitor the long term trendline from 1999 till now... we violently broke the trend in 2008, but bounced beautifully in 2018/2020 and I think we soon get a decision on how price will act this time around... it should also let us know what to expect for tech valuations in the coming months/year!
September 22 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The Federal Reserve announced it was raising its key rate by another 0.75 percentage points, lifting the target range to 3% to 3.25%. Bitcoin is down 2.75% over the last 24 hours and fell to an intraday low of $18,125.98. The largest cryptocurrency dropped alongside the traditional equity market as the Fed hiked rates by another 75 basis points, and the Fed Chair Jerome Powell projected another 125 basis points increase before the end of the year. Higher rates are likely to have a negative impact on the risky assets such as cryptocurrency and stocks markets, and the BTC price could drop further.
Today’s Cryptocurrency Headline
Nvidia Launches Metaverse Cloud Service Product Omniverse
Nvidia has announced the launch of Nvidia Cloud Omniverse, designed to accelerate the global adoption of the metaverse. The Nvidia Cloud Omniverse is a software and infrastructure-as-a-service product created to enable artists, developers and enterprise teams to design, publish, operate and experience metaverse applications anywhere. According to Nvidia, Omniverse Cloud services run on the Omniverse Cloud Computer, a global-scale distributed data center network for delivering high-performance, low-latency metaverse graphics at the edge.
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