Nvidia
Nvidia Possible Bear Market
It seems like the top ten Nasdaq 100 mega companies are due for a beating in the coming weeks as we head towards the much anticipated rate hikes, tapering, and balance sheet shrinking. Nvidia is also suffering with the Covid supply issue as well as a decline in sales as pricing for their products like graphics cards are selling for 2x MSRP. It doesn't seem like the supply chain issues will resolve anytime soon.
Key Factors
P/E of 223 as of Jan 25th.
Closed Below 50MA
Closed Below 100MA
MACD on 1W is Bearish.
NVDA Buy AreaI`ve noticed that from time to time NVDA does some intraday retracements from which it recovers.
If you want to buy the sell-off wicks, you can put buy orders between $198 and $215.
In this choppy market there are chances for NVDA to hit the support areas more often before going up again.
Looking forward to read your opinion about it.
NVIDIA to Sell-off? NVIDIA - Short Term - We look to Sell at 269.00 (stop at 291.43)
We look to sell rallies. Previous resistance located at 270.00. Previous support located at 210.00. Trading within a Bearish Channel formation. The daily chart technicals suggests further upside before the downtrend returns. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 270.00, resulting in improved risk/reward.
Our profit targets will be 211.24 and 201.15
Resistance: 270.00 / 285.00 / 330.00
Support: 210.00 / 200.00 / 190.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NVIDIA - Monthly Demand ContactedNASDAQ:NVDA
NVDA has contacted Monthly Demand and is in line with the Monthly Demand that the S&P 500 has contacted.
There are several stocks that are currently aligned with the Monthly Demand of the S&P 500 ** See my profile for more stock scenarios**
NVIDIA has a tiny Daily Demand within the monthly, please check stop losses for high liquidity moves. This trade has potential to reach new highs in the long term.
As we reach PEAK FEAR in the markets, we are liking to have reached a bottom on the S&P 500
BIG POST! Technical Analysis of 75 Stocks From The S&P 500 List!Hi followers and other TradingView users,
Baron Rothschild, a British banker and politician from a wealthy family, once said that the best time to buy is “when there is blood in the streets.” In simple words, when everyone else is selling, it's a great time to fill your portfolio.
At the moment, there have been quite scary times considering the current situation around Ukraine, plus S&P500 futures made a small break below 4300 , which might open the doors to lower prices. Actually, it is great because it can also open the doors to lower price levels for individual stocks as well.
Considering the potential "threat" to decline, I took over the entire SP500 list and analyzed all of them!! Those that caught my eye did a technical analysis to find the optimal entry points. Quite a lot of work, but I thought to share it with you guys as well, maybe you may find something useful here.
"Buy when there’s blood in the streets, even if the blood is your own."
The best stocks to invest in are the ones already existing in your portfolio. Maybe they are trading at lower prices, and your portfolio is in red. However, they are still the best options available to you. Why? If your's and your company's thesis are the same then you have already analyzed those stocks, and they are still in your portfolio only because you’re confident that they will perform well in the future. Then why not invest more in such stocks when they are down. As I have said previously take it as "SALE" in the mall. Look into your portfolio and find out those stocks which are currently trading at a cheaper price, hopefully, you find something from here as well.
Now, to talk about my given stocks below. These are just technical analyses, I can give the optimal entry prices for each one but you have to do your own fundamental analysis for them. One of my favorite "quote" about both analysis: Fundamental analysis tells you WHAT to buy, technical analysis tells you WHEN to buy. So, I share some ideas from where you can buy certain stocks but do your homework and do the fundamental analysis, do not follow them blindly!
In this post, you can find breakout opportunities to buy the strength after certain price levels have broken. Here are buying zones after corrections and some bigger names I have pointed out some price levels from where you can buy every dip to build up your long-term portfolio.
Use partial entries, long-term position builders can enter into certain stocks after it has reached inside the shown box and buy more if they should fall lower from the initial entry to average the entry price. Mid-term investors should start to build their positions somewhere in the middle of boxes.
Love it or hate it but here they are...
1) Apple (AAPL) - Buy the dip.
2) Adobe (ADBE)
3) Advanced Micro Devices (AMD)
4) Amazone (AMZN)
5) Arista Network (ANET)
6) Aptiv PLC (APTV)
7) American Express (AXP) - Buy the dip.
8) Bio-Rad Laboratories (BIO)
9) BlackRock (BLK)
10) Ball Corporation (BLL)
11) Berkshire Hathaway (BRK.B) - Buy the dip.
12) Cardinal Health (CAH)
13) Ceridian HCM Holding (CDAY)
14) Charter Communications (CHTR)
15) Comcast Corp. (CMCSA)
16) Cummins (CMI)
17) Salesforce.com (CRM)
18) Cisco Systems (CSCO)
19) Caesars Entertainment (CZR)
20) Devon Energy (DVN)
21) Electric Arts (EA)
22) eBay (EBAY)
23) Enphase Energy (ENPH)
24) Expeditors International of Washington (EXPD)
25) Meta Platforms (FB)
26) FedEx (FDX)
27) First Republic Bank (FRC)
28) General Motors (GM)
29) Alphabet (GOOG)
30) Genuine Parts (GPC)
31) Goldman Sachs (GS)
32) Hormel Foods (HRL)
33) Intel (INTC)
34) Ingersoll Rand (IR)
35) Intuitive Surgical (ISRG)
36) Johnson Controls International (JCI)
37) Johnson & Johnson (JNJ) - Buy the dip.
38) CarMax (KMX)
39) Kroger Company (KR)
40) Lennar Corp. (LEN)
41) LKQ Corp. (LKQ)
42) Southwest Airlines (LUV)
43) Las Vegas Sands (LVS)
44) Microchip Technology Incorporated (MCHP)
45) Altria Group (MO)
46) Moderna (MRNA)
47) Morgan Stanley (MS)
48) Microsoft (MSFT) - Load it up ;)
49) Match Group (MTCH)
50) Netflix (NFLX)
51) NRG Energy (NRG)
52) NVIDIA (NVDA)
53) NXP Semiconductors (NXPI)
54) Pfizer (PFE)
55) PerkinElmer
56) Pentair (PNR)
57) Public Storage (PSA)
58) PayPal (PYPL)
59) Qorvo (QRVO)
60) Rockwell Automation (ROK)
61) Rollins (ROL)
62) Snap-On Incorporated (SNA)
63) Seagate Technology (STX)
64) Skyworks Solutions (SWKS)
65) TE Connectivity (TEL)
66) Thermo Fisher Scientific (TMO)
67) Trimble (TRMB)
68) Tesla (TSLA) - You can buy it now but save some ammo for lower prices!
69) Train Technologies (TT)
70) Take-Two Interactive Software (TTWO)
71) United Rentals (URI)
72) Waters Corp. (WAT)
73) Exxon Mobil Corp. (XOM)
74) Xylem (XYL)
75) Autodesk (ADSK)
And that's all. Some may say and think that some of the given prices will never reach these zones. I would like to tell them - whatever! At least we are prepared, and if something bigger could happen with to the stock market, those who are prepared will win, because in March 2020 the bottom was made in just a few days.
Prepare, wait, aim, and shoot!
Do your homework!!
Regards,
Vaido
SOXL bearish double top*disclaimer*
I haven't published anything outside of the crypto markets publicly. However, I have had my eye on SOXL, Direxion Daily Semiconductor Bull 3X Shares ETF.
I originally thought that earnings for NVIDIA were going to boost the asset and asset class, however it seemed to me the night before earnings that the earnings call was already priced in.
Looking at an 8 hour hollow candle chart here going back to fall 2021 makes the picture a bit clearer for me (when in doubt zoom out).
SOXL did a bearish double top between late November 2021 and early January 2022. And now volume is kicking up heavily on the sell side. Especially when current volume is compared to moving average for volume.
If the NVIDIA earnings call wasn't enough to lift, and rumors about auto manufacturers continue to slip in through the cracks, I see plenty of downside correction left for SOXL.
That being said, this is part technical and part "buy the rumor, sell the news" analysis and I will keep my eye on this sector which has been outperforming.
Short term bullish outlook on Nvidia. NVDAImmediate targets 259, 276, 291. Invalidation 209.
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. 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
NVIDIA RISING WEDGE**NASDAQ: NVDA 1D HEIKIN ASHI/2H Normal Candle**
Started with a clean chart…
On the Daily Time Frame
A Descending Broadening Wedge mostly bullish.
The Fibonacci series pulled into the downtrend (high to low) where we should be watching the Golden Pocket in particular. Should the bulls come above and re-test it could give an impulse to look further up again. If we are rejected, the bulls will have to recharge to make another attempt, which could be accompanied by a decline beforehand and gaps will be filled. There is also the possibility to print a W pattern ($269 in that case would be the neckline).
On the 2H chart I zoom in on the last leg up where we find an Rising Wedge which could be a reason for a decline. breaking out on the pattern we see that the re-test is now taking place which could be an important point for the bulls to re-enter the pattern and break out on the Descending broadening wedge. In the event of a rejection, it gives the bears the chance to fill the specified gaps (reason of the normal candle view).
The annual figures will be presented today after the close of the stock market.
Keep calm, trade safe and manage your risk.
*(Disclaimer: This is not financial advice)*
NVIDIA DESCENDING BROADENING WEDGE**NASDAQ: NVDA 1D HEIKIN ASHI/2H Normal Candle**
Started with a clean chart…
On the Daily Time Frame A Descending Broadening Wedge mostly bullish.
The Fibonacci series pulled into the downtrend (high to low) where we should be watching the Golden Pocket in particular. Should the bulls come above and re-test it could give an impulse to look further up again. If we are rejected, the bulls will have to recharge to make another attempt, which could be accompanied by a decline beforehand and gaps will be filled. There is also the possibility to print a W pattern ($269 in that case would be the neckline).
On the 2H chart I zoom in on the last leg up where we find an Rising Wedge which could be a reason for a decline. breaking out on the pattern we see that the re-test is now taking place which could be an important point for the bulls to re-enter the pattern and break out on the Descending broadening wedge. In the event of a rejection, it gives the bears the chance to fill the specified gaps (reason to the normal candle view).
Keep calm, trade safe and manage your risk.
*(Disclaimer: This is not financial advice)*
Technical Analysis Of 10 Mentioned Stocks!Hi,
Long time no see! ;)
Actually, quite a busy time but still, have some old depths again and here they are - the stocks you mentioned in the comment section. Probably you don't even remember them :)
Sadly this series is not popular amongst crypto followers but still got enough data to sort out some stocks which may indicate that technically we get short-term bounces from shown areas.
To be said, it is the only technical side, fundamental analysis is your homework to do. These aren't my picks, these are your mentioned stocks.
Remember - fundamental analysis showing what to buy, technical analysis showing when to buy. So, do your homework and select what to buy ;)
1. Adobe
2. Alibaba
3. NVIDIA
4. Ball Corporation
5. Block
6. JD.com
7. Ford
8. CRISPR Therapeutics
9. Intel
10. PayPal
If you were interested in anything, go and do your homework! ;)
Regards,
Vaido
NVDA: Bottom is Near NVDA finally starting to hit some demand around $208. I am a buyer from $200-$220 for commons and any retest of that area I will look for a bounce long.
Will need to get a feel that day about where we are at, but should be good for swings once we get one more touch this week down. Under $200 market is dropping to $4000 SPX.
Nvidia: Buy the Dip?NVIDIA - Short Term - We look to Buy at 223.00 (stop at 203.00)
Preferred trade is to buy on dips. Levels close to the 50% pullback level of 231.07 found buyers. Trend line support is located at 210.00. The stock is currently outperforming in its sector. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 272.00 and 284.00
Resistance: 250.00 / 300.00 / 340.00
Support: 210.00 / 190.00 / 160.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NVIDIA sees bears in short term. NVDAShort term outlook.
Bearish outlook for gains at 255, then 244. Invalidation at 294.
Not as bad as Tesla, but way too overinflated in short.
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. 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!