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Nvidiacorporation

Nvidia -> The Final ConsolidationHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction. You can also see that we do have the next previous resistance zone which is now turned support exactly at the $325 area so I am now just waiting for Nvidia to actually retest this zone and then I do expect more continuation towards the upside. On the daily timeframe you can see that Nvidia stock is currently stuck in between support and resistance - nothing too interesting for now, I am just waiting for a break below the previous support area at $375 and then I do expect Nvidia to fill the gap and retrace back to the $325 level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
45
Nvidia -> What A MoveHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia just perfectly broke above the previous all-time-high which we created back in November of 2021 at the $340 level. You can also see that from a weekly perspective Nvidia stock is a little bit overextended towards the upside, Nvidia just created a rally of 250% without any real correction, so I am now just waiting for a retest of the previous all-time-high and then I do expect more continuation towards the upside. On the daily timeframe you can see that Nvidia stock is massively gapping towards the upside today with a gap of 25%, breaking all resistance towards the upside but as I mentioned we are a little overextended towards the upside so I am now just waiting for some kind of a distribution phase and then I do expect a short term correction towards the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
33
Nvidia Gains Favor with Influential Wall Street Family OfficesNvidia has garnered significant backing from some of the largest family offices on Wall Street, as evidenced by its remarkable 11.8% surge last week. This performance is all the more noteworthy considering that NVDA stock has already risen by 121% year-to-date. The recent release of 13F filings unveiled that family offices associated with Stanley Druckenmiller, David Tepper, and Steven Cohen have either initiated substantial positions or increased their existing holdings in Nvidia. Druckenmiller augmented his stake in NVDA by 35% during the first quarter, acquiring over 208,000 shares, which now represent his second-largest holding. Tepper purchased 150,000 new shares, while Cohen's Point72 family office bought over 980,000 shares of Nvidia stock in the same period. The investment thesis revolves around Nvidia's revolutionary $40,000 H100 GPU chip, which has emerged as a primary tool for processing the vast datasets necessary to power AI chatbots and other advanced products. Considering these developments, our forecast indicates a further increase in the value of Nvidia.
NASDAQ:NVDALong
by FOREXN1
23
Nvidia -> Squeezing The BearsHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that after Nvidia created and also confirmed the weekly inverted head and shoulders, which we created around the beginning of 2023, we had another rally of about 70% towards the upside. In my opinion Nvidia is definitely ready for a short term correction, you can also see that we are about to retest previous weekly resistance at the $280 area which is turned resistance again so from there I do expect at least a short term rejection towards the downside. On the daily timeframe you can see that market structure is still very bullish, there is no sign of a correction yet so I am now just waiting for a break below the previous daily support zone at $265 which is then turned resistance before I then do expect a short term correction towards the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
47
Nvidia -> Time To Fill The GapHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Nvidia stock just had a massive rally towards the upside, just the past 70 days the market is up about 75%. You can also see that during this long move towards the upside, we didn't really have any weekly correction towards the downside, so from a weekly perspective I do expect at least a short term correction to retest the next weekly previous resistance area, which is now turned support. On the daily timeframe you can see that Nvidia stock is starting to create resistance at the current $235 area, so from here it is quite likely that we will see a short term correction towards the downside to retest the next previous daily support zone, which should be turned support once again. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDAShort
by basictradingtv
33
Nvidia -> Breakout TimeHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move. The past couple of weeks Nvidia already started this bullish move, we now just broke about a weekly resistance area so I simply do expect the continuation towards the upside from here. With earnings coming out yesterday, the market today gapped higher 15%, breaking also a daily resistance area so I am now just expecting a retest of the previous resistance, now turned support, and then the continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Editors' picks
NASDAQ:NVDALong
by basictradingtv
57
Nvidia -> Higher, Higher And HigherHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia is actually quite overextended towards the upside, just the last couple of weeks the market had a pump of about 65% towards the upside. Considering the fact that from a weekly perspective we are also retesting previous support which is now turned resistance, I do expect a short term rejection towards the downside and then the longer term continuation towards the upside. On the daily timeframe you can see that we are currently retesting also previous resistance, so I am now just waiting for some bearish rejection which will then lead to a short term weekly correction towards the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
Editors' picks
NASDAQ:NVDAShort
by basictradingtv
52
Nvidia Multi-Timeframe Analysis 29.01Hello Traders, welcome to this free and educational technical analysis . Nvidia is looking very bullish on the weekly timeframe, considering that we are creating a massively bullish inverted head and shoulders. On the daily timeframe I am now just looking for a retest of the neckline of the head and shoulders and some bullish confirmation on the lower timeframes to enter a long to capitalize on the next massive move towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:NVDA
by basictradingtv
32
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:
Editors' picks
NASDAQ:NVDA
by basictradingtv
55
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:
NASDAQ:NVDA
by basictradingtv
19
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!
NASDAQ:NVDA
by basictradingtv
1
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.
NASDAQ:NVDALong
by AlanSantana
7
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.
NASDAQ:NVDALong
by DonBboy
1
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:NVDA
by TopgOptions
1