Nvidia Trading The WXY PatternIn this update we review the price action in Nvidia and identify a high probability trading pattern to take advantage of
Nvidia_analysis
Nvidia Analysis 11.01.2022Hello 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 INVESTING GUIDEthe avarage pullback for Nvidia is 18% and avarage gain 45
these are the most probabilitic possibilities..
NVDA (NVIDIA CORPORATION) WILL DOWN BEFORE UPNVDA (Nvidia Corporation) will down around $258 for correction and after that, it will definitely make a new high as a preferred count (projected by with black line) as a complex correction. Another side of the view is an alternative count ( projected by with red line) it can be the 1st wave and it will down a little bit and it doesn't make a new low below $271.45 if it sustain above these level then we can't make a new low but if not sustain then we will going to make a new low. After the rise, we can see the resistance around $311-$324 and if we break the trend-line then we can assume, we will go for a new low.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only.
All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#NVDA #NVIDIA
Nvidia Analysis 18.12.2021Hello 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 Analysis 07.12.2021Hello 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.
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!
Wait n Watch in Nvidia Stock completed pricewise but maybe it will range bound next month to compltes it's Timewise Correction...
Nvidia Stock projection after the drop Hello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
Nvidia Stock starting push back up after the drop caused by the Evergrande problems where we see the stock pushing from 206.27 up to 225.34 in 3 days, That's almost a 10% increase in a very short period of time.
NVDA has an average volume of 26045000. This is a good sign as it is always nice to have a liquid stock.
Both The Long-term trend and Short-term trends are looking positive.
Possible Scenarios for the market :
Scenario 1 :
The market has reached the first resistance line located at 224.58 but a breakout didn't happen yet, Looking at how the trend is moving we should be seeing a breakout soon that will jack the stock price up and the first stop this stock is doing will be at the second resistance at 229.58 where it might have some push back from the Bears that could drive the price back to the 224.58 level, After reaching that point the Bulls will pull up and gather buy power to push the market to the 237.66 level.
Scenario 2 :
The market has reached the first resistance line located at 224.58, The Bears could step in and take control and drop the price here to show the Bulls that it's not gonna be easy for them to gain control which will lead the price dropping to the first support level at 214.42 where the battle over control will happen with Good chances of Bulls winning which will be the start of the push to the 237.66 level
Technical indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 58.86 showing good strength in the market. No divergence has been found between the indicator and the market
3) The Stoch is in the upper end of the middle zone showing good momentum, With a positive crossover between the %K (78.31) and %D (52.83)
Daily Support & Resistance points :
support Resistance
1) 214.42 1) 224.58
2) 209.42 2) 229.58
3) 206.84 3) 233.65
Fundamental point of view :
When comparing the yearly performance of all stocks, we notice that NVDA is one of the better performing stocks in the market, outperforming 84% of all stocks and NVDA has a Return On Assets of 18.32%. This is amongst the best returns in the industry NVDA outperforms 88% of its industry peers.
The Earnings Per Share has grown by an impressive 80.78% over the past year.
"One of the reasons the stock is moving up can be seen in the Indicator column. The stock received a boost in its price target from Bank of America on Sept. 17, 2021. If NVDA stock reaches that price target it would be a gain of over 25% from the consensus price target. Bank of America may be reacting to Nvidia’s push to become seen as more than just a chip company and is spending over $1 billion on research and development to support that aim." According to Marketbeat
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
Nvidia Bullish PatternBullish flag and pennant pattern.
Long once price breaks the ascending triangle with 190/192 as stop loss.
Targets can act as reversal zone too.
Purely for positional
NVDA - diamond?Good evening?
According to the classical technical analysis, a diamond gives a minimal correction for the height of the diamond - to $739. The maximum is a full-scale trend reversal.
However, such models are ideally viewed on the daily chart.
not a recommendation, not a tip.
NVIDIA to bottom fib retraction zoneTechnicals and fundamentals supporting short position
- Nvidia has risen 25% in the last month to date, suggesting it may have a gap to fill - 90% of gaps get filled
-Overbought on every timescale and has rarely stayed above a 80% overbought level for more than a few days, which it is long
- Stock split coming in mid-July, which will jumpstart a stock buying spree as the stock becomes more accessible to retail investors…due for a correction before the
- Based on this chart, Nvidia has retreated into its bottom fib zone every time after hitting its peak fib zone, which is where it is currently positioned
NVDA Short-term LONG/BULLISHNVDA Short-term LONG/BULLISH - we have seen a bounce off the Fibonacci Retracement 0.5 ($704.44) and a holding support of the 0.382 ($708.45), our next target is the 0.618 of the Fibonacci Extension, a ATH (All-time High) of $724.53! HAVE FUN TRADING!
NVIDIA Buy the Retrace for 25% - 45% Gains 1D TF Analysis
Well respected Ascending Channel Printing Higher Highs and Higher lows
with a new ATH Printed on the 2 June I would like to see a
back test of the $590/$600 * 0.618 Fib region before continuation to the upside targeting the
1-1 Fib Extension for a 25% move which sits at the middle of the channel and the 1.618 at the
top of the channel for a 45% gain.
I have highlighted the box for entry and depending on your appetite for risk
you can place SL below the last swing low at 530 or more wider at 450 again this is for you to decide
this is just an example .
Plan the trade and trade your plan , Know your invalidation and always use a SL .
Like and follow for regular analysis and signal setups and check out the related ideas below .
NVDA getting ready for the earnings report
All eyes will be on Nvidia NVDA to report its Q1 results next week on Wednesday. The stock is down 12% over the last month, However, it seems that the stock is preparing for a probable trend reversal getting ready for the earnings report.
Prices could hit $590 and $600 respectively.
NVIDIA action nvidia gros potentiel d achat gros fondamental la vente de carte GPU pour le minage explose le marché gros gros Momentum bullish a venir
NVIDIA BULLISH IF BREAK RED LINE 📈as soon as the red line breaks through, make a purchase.
take profit on the upper line.
NVDA channel.We see a long-term channel (purple lines). It started in 2016. In October 2018, it was broken. Then the "Diamond" model was formed. And the growth began until March 2020. Then the price of April 2020 pushed off from the support of the "diamond" and took a course sharply up to rejoin the old purple trend.
Today we are near the trend resistance, the peak growth is limited to $620-630 and the stabilization in the range of $605-615 at best. In the worst case, close to the day of the report, the price will draw something similar to the "Double Top" model and, breaking through the "neck" level, will go down to the support of the channel - to $525.
NVIDIA still rangebound; possible swing opportunity (again)When NVIDIA touched the support of the lower channel I bought for a swing trade to the top of the channel. That was an easy 10% profit in about 4 days with very minimal risk since I bought at support. That resistance is proving to be strong at the moment. It is sending NVIDIA down again. Also, MACD is below 0 and pretty flat and ADX is also flat, which corroborate the rangebound price. Those moving averages may offer some support but if the price gets to the bottom of the channel and the support holds I am buying again with the same strategy. I will keep and eye on those indicators along with Stoch RSI to help me find a good entry with a clear upside.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
NVIDIA on the bottom of the channelNVIDIA has been trading on a channel for the past couple of months. Today it dropped 5% to the bottom of the channel. Although Stochastic and MACD (not on the chart) are not giving any clear signals, the OBV has been moving up throughout this time, which means interest is high and traders are buying at these levels. I already have a nice amount of shares but I am planning to buy at the support and sell at the top of the channel (for about 10% profit) if it gets there in the short/mid term. My stop loss will be placed just below the lower line of the channel.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
