NVDA, long, Entry: 116.96, Stop: 115.56, Timeframe: 4h**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 116.96
**Stop Loss:** 115.56
**Take Profit 1:** 118.63
**Take Profit 2:** 119.64
**Risk/Reward Ratio:** 1.85
**Timeframe:** 4h
NVDA trade ideas
Could a new record high be coming for NVIDIA Corporation (NVDA) Could a new record high be coming for NVIDIA Corporation (NVDA) shares?
NVIDIA shares appear to have slowed in recent weeks, posting a negative quarterly performance of 7 percent.
The stock, which had been at an all-time high, suffered a 25 percent loss, but has since rebounded thanks to the CEO's positive outlook.
NVDA's second quarter results were impressive, with revenues of $30.04 billion (+15.3%), gross margins of 75.7%, and annual EPS of $0.68 (+11.4%). This success is largely due to its data center revenues, which reached $26.3 billion due to growing demand for Blackwell architecture. There is no doubt that these gains are the result of NVDA's ongoing commitment and continuous innovation.
The new Blackwell-class AI superchips are an innovative combination of 208 billion transistors and a custom TSMC 4NP process. Each product features two lattice-limited arrays that connect through an incredible 10 terabytes per second (TB/s) chip-chip interconnect into a single unified GPU. This advanced technology offers extraordinary performance for any application from artificial intelligence to data processing.
This super-chip is a true monster, with competitors light years away from this kind of product.
When deciding to invest in stocks, it is also important to consider future prospects and analyze the stock's potential.
The outlook for this CEO is very positive, in fact, revenue estimates have been increased by 40 percent, a dream figure for any company.
Personally, I am confident that this stock is not expensive. The outlook for the future is very positive, and there is ample room for the stock to grow. It makes no sense to focus only on the current numbers, but it is important to consider the future ones as well.
Possible dangers on the horizon could be the U.S. elections and possible trade restrictions. The ongoing U.S. presidential election has brought uncertainty about the future of the country's semiconductor industry, mainly due to trade and export restrictions to the Middle East and China-the latter accounting for 12.1 percent of NVDA's sales. Depending on the results of the elections to be held by November 2024, we may see further volatility in the industry.
In addition, NVDA's financial performance is largely dependent on four main customers: the three largest hyperscalers, namely Amazon AWS (AMZN), Google Cloud (GOOG), and Microsoft (MSFT), as well as Meta (META). At present, these customers account for 46 percent of Q2 2024 revenues. Therefore, it is important to constantly monitor the situation, as any problem or reduction in orders from any of these customers could have a significant impact on NVDA's financial performance.
TECHNICAL ANALYSIS.
Nvidia's stock continues to move ahead in its long-term trend, which remains strongly upward. After a sudden rise that began in late September, it is now going through a consolidation phase before the next rally. We expect the stock to break through short-term resistance set at $122 and continue its upward trend.
This change could lead the stock to break through the all-time highs reached on June 20 and then aim for the psychological threshold of $150 per share.
Any correction before recovery in the $105 area based on long-term bullish dynamics should be considered as an attractive opportunity to enter the market.
In my forecast for the next quarter, I see Nvidia's stock rising to $150. This is supported by significant and prospective growth over the next few years, coupled with high margins that make it one of the most profitable companies on the stock exchange. We continue to be very optimistic about this company's business.
Comparison of Money Market vs Capital MarketComparison of Money Market vs Capital Market
Navigating the financial world requires a clear understanding of its various facets, especially when comparing the money market vs the capital market. These two pivotal markets serve distinct roles in the economy, catering to different investment horizons and risk profiles. This article aims to demystify these markets, providing insights into their characteristics, differences, and the importance they hold for traders and investors alike.
What Is the Money Market?
The money market involves trading short-term financial instruments. It’s characterised by high liquidity and potentially lower risk, making it a popular choice when it comes to managing short-term financial needs and cash reserves.
Instruments traded here include Treasury bills (T-bills), which are government-issued securities with maturities of less than one year. Commercial paper, another common instrument, is an unsecured, short-term debt issued by corporations to finance their immediate operational needs. Additionally, certificates of deposit (CDs) issued by banks offer fixed interest rates for short-term deposits.
These instruments collectively may provide a so-called safe haven when investors seek relative stability and quick access to their funds, with minimal exposure to price fluctuations.
What Is the Capital Market?
The capital market is a financial marketplace where long-term debt and equity-based securities are traded. It's essential for raising capital and serves as a key platform for long-term investment and wealth generation.
It includes stocks, representing ownership shares in companies, and bonds, which are debt securities issued by entities like governments and corporations. Stocks offer potentially higher returns but come with greater risk, while bonds often provide a more stable income stream but usually with lower returns.
This market plays a crucial role in the economy by enabling capital formation and investment in productive ventures, driving economic growth. It attracts investors seeking opportunities to invest in the future growth of companies, infrastructure projects, and governmental initiatives, offering a range of options from high-risk, high-reward stocks to more conservative bonds.
Key Differences Between Money vs Capital Markets
In the financial world, understanding the key differences between capital market securities vs money market securities is crucial for investors and traders. While both are integral parts of the financial system, they serve different purposes and offer distinct characteristics.
Money Market
- Investment Duration: Characterised by investments typically lasting under a year, designed to meet immediate liquidity requirements.
- Risk Profile: Offers potentially lower-risk options with relatively stable returns, ideal for conservative investors.
- Types of Securities: Features instruments like Treasury bills, commercial paper, and certificates of deposit for quick cash conversion.
- Role in the Economy: Provides essential short-term financial effectiveness and efficient liquidity management.
- Liquidity: Instruments in this market are highly liquid, which may facilitate fast and easy access to funds.
Capital Market
- Investment Duration: Focuses on the long-term, often spanning years or decades, aimed at future growth and capital accumulation.
- Risk Profile: Involves a higher risk attributable to longer time horizons and market volatility, particularly with stocks. You can keep an eye on stock volatility in FXOpen’s free TickTrader platform.
- Types of Securities: Comprises stocks, bonds, and long-term debts, catering to a range of investment preferences.
- Role in the Economy: Plays a crucial role in long-term investment strategies, economic growth, and facilitating capital formation.
- Liquidity: Securities like stocks and bonds offer varying degrees of liquidity, generally less than money market instruments due to their long-term nature.
Importance of Each Market to Traders
The money market is critical for traders seeking potential stability and short-term liquidity. Its lower-risk instruments, like Treasury bills and certificates of deposit, are ideal for parking surplus funds with a focus on capital preservation. It’s also invaluable in hedging short-term currency or interest rate risks.
On the other hand, the capital market is a key arena for traders aiming to achieve long-term growth and potentially higher returns. Investing in stocks and bonds in the capital market allows traders to participate in the economic growth of companies and governments. While these investments carry higher risk, they offer the potential for greater capital appreciation and returns through dividends and interest.
Impact of Economic Changes on Both Markets
Economic changes can significantly impact both the money and capital markets but in different ways. In the money market, interest rate fluctuations are a primary influencer. Lower interest rates typically make short-term investments less attractive, reducing returns on instruments like Treasury bills and certificates of deposit. Conversely, higher rates can increase the appeal of these securities.
In the capital market, broader economic trends play a more substantial role. Economic growth can boost investor confidence, leading to increased demand for stocks and higher market valuations. Inflation can also impact the capital market, as it may erode the real value of fixed-income securities like bonds. However, political stability and policy changes can either enhance or diminish investor confidence in both markets, affecting performance and investment decisions.
The Bottom Line
Understanding the differences between these markets is vital. Each market serves unique purposes, catering to different investor needs, from short-term liquidity in the money market to long-term growth in the capital market. For those looking to explore these opportunities, opening an FXOpen account can provide access to a range of stock and ETF CFDs. Happy trading!
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.
NVDA likely to retest $120NASDAQ:NVDA
Highlights:
- Correction pull back got support at FIb0.382
- Pull back structure (short term down trend) broke and making new higher high and lower high
- Insider sold shares worth 240M on 9/20 pushed down the price. However price holds and accumulation spotted between $115-$116 price range
- Oscillator makes higher high while price makes lower high (hidden bullish divergence)
Price prediction:
- If price break up $117 level and holds, next res is at $118.5 then $119.5-$120, $124 (60% chance)
- If price breaks down 115 level next targets are $113, $111-108.5$
NVIDIA (NVDA), TA for Tomorrow 9/24/2024Key Price Levels:
Resistance:
$119.95: The recent high from prior trading sessions is a key resistance. A breakout above this level could trigger bullish momentum.
$116.99-$117.00: Minor resistance. A test and rejection could lead to a downward move, while breaking through could pave the way to test $119.95.
Support:
$115.38: The nearest support level. If NVDA falls below this, it could be a bearish signal.
$112.77: A more significant support level, acting as a cushion for the price action. A break below could signal a bearish trend continuation.
Indicators & Patterns:
Volume: Volume is mixed, indicating uncertainty in the current market. We see increasing volume during upward pushes, but the declining volume on consolidations indicates weakening momentum.
RSI/Momentum Oscillators: These indicators suggest NVDA is neither overbought nor oversold, leaving room for movement in either direction.
Wedge Formation: A potential descending wedge pattern is forming, which could break either way. A breakout above resistance ($117) could lead to a sharp upward movement, while a breakdown below $115 may signal further downside.
Potential Scenarios:
Bullish: If NVDA holds above $115.38 and breaks through $117, a bullish move toward $120 or beyond is likely. This would depend on market sentiment and broader indices.
Bearish: Failing to hold $115.38 could signal a retest of $112.77, with a potential drop to $110 or lower if overall market conditions weaken.
Strategy Suggestions:
Opening Trade: Watch for a breakout above $117 at the open. This could be a signal to go long, especially if there's strong volume confirmation.
Stop Loss: If entering long, set a stop loss just below $115.38 to minimize risk.
Downside Caution: If NVDA breaks below $115, consider shorting with a target around $112.77 and tighter stop losses.
Note: Tomorrow’s direction could be influenced by broader market conditions or any tech-related news, so keep an eye on macro indicators like the NASDAQ and sector-specific catalysts.
NVDIA: Neutral but ready to breakout aggressively to the upside.NVDIA is neutral on its 1D technical outlook (RSI = 49.101, MACD = -0.300, ADX = 35.106) as it is trading exactly on its 1D MA50. The long term pattern has been a Channel Up for the past two years and having touched its bottom on the August low, we expect the price to have broken upwards within 3 weeks. The early signal for that will be the RSI crossing overs its LH trendline. TP = $230.00
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NVDA LONGPrice correcting after a sharp rally, after the FED's dovish move last week, price has tested the $115 price level, speculating a bullish move towards the $120 price mark, if price fails to close this level we could invalidate the bullish continuation and price could play in the range for a while longer and therefore a bearish probability could interest me with a breakdown of the $115 price level.
NVDA, short, Entry: 115.54, Stop: 116.93, Timeframe: 4h**Trade Type:** short
**Ticker:** NVDA
**Entry Price:** 115.54
**Stop Loss:** 116.93
**Take Profit 1:** 113
**Take Profit 2:**
**Risk/Reward Ratio:**
**Timeframe:** 4h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
Will Nvidia Come to Life?Nvidia has been largely quiet as the S&P 500 pushes to new highs, but will that change?
The first pattern on today’s chart is the convergence of the 50- and 100-day simple moving averages. On one hand, this highlights the semiconductor giant’s longer-term uptrend. On the other, it highlights intermediate-term neutrality. That could make some trend followers look for the longer-term direction to resume.
Second, the $117 zone was a weekly low in mid-June and support a couple of times in the subsequent month. The stock just formed an inside week in the same area. That may suggest prices are tightening before a potential move.
Third, MACD has started rising and the stock has mostly been above its 21-day exponential moving average. Those patterns may reflect increased bullishness in the short-term.
Finally, you have the bigger picture of the broader market breaking out as the Federal Reserve gets dovish. With this year’s most prominent gainer more than 15 percent below its all-time, some investors may look for money to return to such a leader as yearend comes within view.
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NVDA - Still Bullish, But Major Potential Sell Signal LoomingThis week in NVDA I am paying attention to the following:
-On the monthly timeframe, we see that there is a significant bearish divergence setup forming. This has not yet triggered, though, so the bulls can relax (for now). However, in 7 days when the Monthly candle closes, we need to pay close attention to the CCI divergence. If it confirms, it implies a MAJOR bearish correction for NVDA is on the horizon.
-But in the meantime, everything is all systems go for the bulls. If you trade based on the Monthly, any pullbacks into the $88 region (Monthly MAC low) would be satisfactory spots to look for Buy triggers on the Daily timeframe. The Williams Acc/Dis is positioned well above its 57 period MA, which means we should look to buy any pullbacks into the low of the MAC.
-Weekly analysis also implies all is good for the bulls. I will look for Buy triggers on the 6H chart if price pulls back into the $107 region (Weekly MAC low).
-For fun, I throw some cyclical analysis into the mix. We see that NVDA has a strong seasonal cycle for an upmove from early October into November.
Thank you for reading. Enjoy your week.
Nvidia looks pretty flat these days but it needs to MOVE ! We believed Nvidia would make the turn to validate and then break point #5, but that wasn’t the case.
Nvidia remains within the bearish sequence, but it still hasn’t been able to give us confirmation of reaching point #5. The only thing we need to consider is the structure of the bearish channel, in which the most important part of this structure is our GAP zone (blue), as that’s where most buy orders are positioned, and we can see it has respected it correctly (see green circles).
The scenario over the last few days looks very flat; Nvidia has to break the line it’s currently on to activate our point #5 or, in another scenario, retest the GAP Zone, which it has already tested and is of great importance since that's where the largest number of buy positions are concentrated.
So, if it comes back to touch our GAP Zone (Blue), you know what to do!
Best regards, and thanks for supporting my analysis.
NVIDIA Corporation (NVDA) short term outlook is bullishNVDA is currently consolidating within a bullish flag pattern, as indicated on the chart. A breakout above the current consolidation zone is likely before the price can move towards the $127 resistance level. If the stock breaks out of the flag with strong volume, it would confirm a continuation of the recent bullish trend. Once the breakout occurs, the next target would be $127, where the descending triangle's resistance comes into play. However, a failure to break out of the flag pattern could lead to a pullback towards $105 support. The stock's proximity to its 50-day moving average adds significance to this area. Monitoring the breakout from the flag pattern is key for confirming the next upward move.
Up or Down? Where are we going?I'm bullish on playing long. It's on an upward trend and has touched the line twice. I need three or more touches to give a bull signal. I predict it will retract more than the pump. Honestly, this stock could bloom or boom to the floor. From a fundamental standpoint, the company holds a bright future with the AI and tech boom. I hope they pull through with the tech boom and that the tech boom will use NVIDIA as a powerhouse asset.
NVIDEA - Poised for a Breakout: Which Way Will It Go?NVIDIA ( NASDAQ:NVDA ) is currently consolidating between lowering highs and rising lows, forming a symmetrical triangle. There are two possible support lines: one starting from October 2022 and another from February 2024. I’m leaning toward the 2022 support, as it lines up with the 150-day moving average (MA150), making it more reliable.
The stock is trapped between two key horizontal levels:
$140 resistance (all-time high).
$102 support, a major level to watch for any breakdown.
A breakout above $140 or a break below $102 could lead to significant moves.
NVIDIA is leading the AI wave, and demand for their chips is incredibly strong, with big partnerships with companies like Microsoft and Amazon continue to drive the momentum.
This, combined with solid technicals, makes me lean toward a bullish breakout.
What are your thoughts? Do you think NVIDIA will break higher or lower as it nears the triangle’s end?
NVDA SHORT TRADE IDEA>Technical Direction: Daily Downtrend (2 Consecutive LHs)
>We have a Rally-Base-Drop(RBD) Weekly Supply Zone coverage for the RBD Daily Supply Zone
>We have a high quality Leg-out(Imbalance) from Weekly TF and a Gap+Explosive leg-out from Daily Supply
*Stochastic RSI confirmation (This is not a Timing tool, We always follow the Law of Supply and Demand): Stoch RSI is at Overvalued Zone, meaning price is looking for a Supply Zone to Drop the price.
Entry, Stop Loss(Entry zone plus -33%), Target(2R) is shown on the chart via Fib Retracement
Trade Safe
NVDA Might PrintNVDA is flashing us with nice little wedge on the 1 hour chart. If NVDA holds the angled support line into Monday morning, we could definitely end up breaking out of the wedge in a bullish direction. Once the wedge breaks, we could potentially see a straight shot to the gap fill target of 125$ or even into 130 in the latter half of this month.
Large Bull Run potetially SoonShowing a Triangle in the 1 and 3 month chart with a potential to reach ATH.
Fingers crossed on this..
NVDA is at the end of Wave C and READY for BULL RUNNVDA is at the end of Wave C and READY for BULL RUN
Target price for short term is 120$ and 150$ for long term.
Should be around 190$ before the next Correction
Isn't if funny how NVDA is converging on the election?long term wedge pattern playing out...appears to point to the day before the American election. Coincidence?
Opening (IRA): NVDA Oct 18th 82/92/118/128 Iron Condor... for a 3.33 credit.
Comments: High IV with earnings in the rear view ... .
Metrics:
Buying Power Effect: 6.67
Max Profit: 3.33
50% Max: 1.67
ROC at 50% Max: 24.96%
Will generally look to take profit at 50% max; roll in sides on side test.
NVDA: Two situationsOn NVDA we are faced with two situations. If the resistance line is broken forcefully by a large green candle we would have a high probability of seeing the market rise. On the other hand, if the support line is broken forcefully by a large red candle we would have a high probability of seeing the market fall.
Is NVDA ending a Wave (B) or are we starting the last Wave (5)?Let’s first define what Wave 5 is to assess whether we’re still in one.
Personality
Wave 5 is generally less dynamic than Wave 3 in terms of breadth. As Wave 5 progresses, optimism runs extremely high despite the narrowing of participation.
The retail public becomes increasingly interested, fueling this final leg higher. Signs of an optimistic herd mentality are everywhere. The price action in Wave 5 tends to be more sluggish than in Wave 3, and there may be divergence patterns between the two waves, often highlighted by indicators like the Awesome Oscillator (AO), Stochastic, and Relative Strength Index (RSI).
Commercials and institutions typically enter early, during Waves 1 and 3, while the retail public jumps in later, during the Wave 5 phase. At this point, there’s no one left to push prices higher.
Key points to remember: Wave 5 of an impulse consists of 5 sub-waves, which follow the same rules and guidelines as it is part of a fractal structure.
Divergences between volume and price are a reliable clue in the fifth wave. Volume should increase and remain fairly well-maintained, with little additional price progress, signaling a potential reversal.
Rules
Impulse
• Wave 5 always subdivides into an impulse or an ending diagonal.
• Waves 1, 3, and 5 are never all extended simultaneously.
Diagonal
• Wave 5 can form an ending diagonal.
• Wave 5 always ends beyond the end of Wave 3 in a leading diagonal.
• Wave 5 is always shorter than Wave 3 in a contracting diagonal.
• Wave 5 is always longer than Wave 3 in an expanding diagonal.
• Wave 5 always ends beyond the end of Wave 3 in an expanding diagonal.
Guidelines
Impulse
• Wave 5 sometimes doesn’t surpass the end of Wave 3 (this is called truncation).
• Wave 5 is the second most common extended wave, particularly in commodities markets on daily and weekly charts.
• Wave 5 tends to equal Wave 1 when Wave 3 is extended.
• When Wave 5 is extended, it is often in Fibonacci proportion to the net travel of Waves 1 and 3, typically 161.8%.
• If Wave 3 is not extended, Wave 5 is unlikely to form an ending diagonal.
Diagonals
• Wave 5 of a leading diagonal usually subdivides into zigzags but may also appear as an impulse, along with Waves 1 and 3.
• When Wave 5 follows a triangle, it is typically either a brief, rapid move or an exceptionally long extension.
• Wave 5 usually ends at or slightly beyond a line connecting the ends of Waves 1 and 3 (this extended move is known as a throw-over in a contracting diagonal).
• In an expanding diagonal, Wave 5 typically ends just before reaching the line connecting the ends of Waves 1 and 3.
Channels
• Use a deceleration channel to identify when Wave 5 is in progress.
Extended Waves
If both Waves 1 and 3 were regular, it’s likely that Wave 5 will extend.
An irregular correction is often seen at the end of an extended Wave 5, which is prone to what’s known as double retracement.
If Wave 4 was an irregular correction, you can be fairly certain that Wave 5 will extend.
While it’s rare for two sub-waves to extend, it is common for both Waves 3 and 5 to extend when they are of Cycle or SuperCycle degree and occur within a fifth wave of a higher degree.
Fibonacci Ratios
• Wave 5 is often 0.618 times the length of Wave 1.
• Wave 5 is often equal to Wave 1.
• Wave 5 is often 127.2% of Wave 4.
• Note that the orthodox end of Wave 4 can differ from the extreme of Wave 4.
Conclusion:
We’re clearly in a herding phase, but it’s been that way for several months. There’s significant insider selling in NVDA, and it seems investors are starting to realize that AI’s impact on the market isn’t as strong as the narrative suggested. Personally, it’s hard for me to determine whether we’re in Wave B or Wave 5—the next few weeks should clarify the situation. I prefer to wait for confirmation before making a safe short bet. As for going long, I’ll stay away for now—prices are just too high.
NVDA- Will the tides change?In the 4-hour chart, I’ve labeled key Wyckoff phases that suggest NVIDIA is currently undergoing a redistribution process. They will be explained in this idea. The chart also highlights the presence of unrecovered green vector candles, which often represent market makers' or institutional shorts that they may want to recover. This analysis is not taking into consideration any news or earnings info. This is based off what I see in the chart, and my knowledge as an Astrologer. Let’s dive into the details:
Wyckoff Analysis
Preliminary Supply (PSY): The initial area where selling pressure began to emerge, halting the previous uptrend. This suggests that larger players started to distribute their holdings.
Selling Climax (SCLX): Following the PSY, this phase marked a sharp decline as selling pressure intensified, leading to a temporary bottom where selling reached its peak.
Automatic Reaction (AR): After the selling climax, the price experienced a brief rally, marking the upper boundary of the distribution range as buyers temporarily gained control.
Secondary Test (ST): The price returned to test the levels near the SCLX, confirming the distribution phase as supply continued to outweigh demand.
Upthrust After Distribution (UTAD): This final push upwards likely trapped late buyers before supply completely overwhelmed demand, causing the price to start moving downward again. This is often a strong indicator that the distribution phase is nearing its end.
Current Situation
NVDA is currently near the top of the distribution range, where the UTAD has formed. The consistent rejection at the Supply Line reinforces the likelihood of further downside. It seems that buy volume has been gradually decreasing, while price has been rising, signaling a divergence. Additionally, the presence of unrecovered lime green vector candles below indicates potential targets where market makers or institutions might look to recover their shorts, typically areas of interest for price action to revisit.
Key Level to Watch
Before considering the more distant price targets, the first and most critical level to focus on is the 50% retracement of this up move ($111). If NVDA reaches this level and breaks below it with strong momentum, it would confirm a bearish scenario and suggest further downside. However, if the price bounces off this level, it could indicate a potential recovery and move higher, challenging the bearish outlook.
Future Path
The speculative path drawn on the chart suggests the following:
NVDA may break below the current range and head towards the Demand Line or the support levels below.
The price could go find the Preliminary Support levels around $75-$65 before any significant movement occurs. Price may range between these levels and $90 for some time.
The lower levels of support, particularly around $65-$75, are crucial as they represent areas where significant buying might re-emerge.
Mercury Retrograde Influence
It’s worth noting that we are currently in a period of Mercury retrograde, which began on August 5th and ends on August 28th. While this might seem unorthodox, my research has shown that certain stocks, including NVIDIA, have a tendency to experience trend reversals following the conclusion of Mercury retrograde periods. As the retrograde ends on August 28th, I expect to see a reversal in NVIDIA’s price action shortly thereafter, which aligns with the potential end of the redistribution phase.
