NVDA near longer term predictionNVDA near longer term prediction. This analysis is for informational purposes only.
NVDA trade ideas
Nividia - almost time to short!We have about 2 weeks to go until the market jumps up, and then dives down. This will give us an approximal double top in Nividia.
The FED minutes (beginning of July) and the FOMC rate meeting (end of July) will provide a whipsaw not unlike what happened with March 2020 pandemic. See my AMEX:SILJ and NYSE:NEM threads about the repeating fractal I found that shows another week down, two weeks up, and a crash.
After the crash the FED is going to lower rates considerably, so feel free to load up on Nividia 2 and 3 month OTM calls. Find them for $5 and flip them for 20x imo. This will be the last market rally then it will fall precipitously next year after the election.
If Biden wins we get CBDC's, if Trump or RFK Jr. wins we get a gold standard.
Nvidia's Circle-b Wave StatusThere's an old analytical adage that goes..." nothing confirms price action like confirmation ". Not too helpful in the short term trading sense, but in the larger picture perspective it sure makes a lot of sense. I can make a case based on where price came into the Fibonacci Retracement zone of the .786% for corrective action that got smacked down... has topped...
...however, in a B wave, confirmation only comes with a break of the circle a-wave low down in the $117 area. Its a good start but since this chart is sooooo bullish, wait for confirmation. A break of $117 brings $1.04-109 into view MINIMUM.
Best to all,
Chris
NVDA: Buy ideaOn NVDA we have the breakout of Belkhayate Iceberg and this means that we would have a high probability of seeing the market rise...
NVDA may turning hereNice cup and handle forms as well as MACD crosses up. Possibly push up previous highs then break up all time high
NVIDIA15 minute chart.
Price Excess with Adjustable Recovery indicator, ideal for trading price excesses.
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NVIDIA Corporation_ Most _ Accurate _ Trading _ Strategy!NVIDIA Corporation_ Most _ Accurate _ Trading _ Strategy!
Pretty much the same as previous numbers! It is clear it will not be able to support Quarter 2, meaning we will be expecting a descending after the final distribution price.
Expect the following before Descending!
$130.93
$136.16
$136.64
Distribution Price: $140.14
NVDA Support TestNVDA broke below its ascending wedge and has a bearish look along with many other tech stocks for once today. I think this is a critical spot for NVDA, I'd say we should expect a bounce for now, but if it doesn't it'll likely lead to an even bigger move down, maybe all the way back to where this wedge started.
NVIDIAPrice is facing triple top resistance now. Sustaining the current level will give good move.
Buy above 128.25 with the stop loss of 126 for the targets 130, 132, 134.25 and 136.
Sell below 125 with the stop loss of 127 for the targets 123, 121 and 119.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
NVDA 8 %it was in sell position .. now I'm wetting the price to be up than this line ..then i will go for All in
NVDA: Spring effectBuy idea on NVDA as you can see on the chart because we have a spring effect on Belkhayate vwap and also if we have the breakout with force the resistance line by a big green candle follow by a large green volume.
NVDA short: Fibo retracement levelI had recently made a call to short NVDA (on a weekend). These few days NVDA only went up, straight up. Now that price has reached around 0.786 retracement at $135.91, I think it is a good time to enter short. Keep your risk tight!
NVDA Ascending WedgeNVDA has been heading back towards ATH after a brief period of downside/chop. Now it has a pretty steep ascending wedge. I wouldn't bet on it breaking down, but if the reaction to CPI is bearish and NVDA breaks below this wedge it could be a great short. I just wouldn't use big size on NVDA and I might look to play a different semi, NVDA will pull those around.
If bullish tomorrow, it's probably just gonna break ATH soon and keep on rolling.
$180 price prediction The pink is my thesis. 2nd leg as long as the first. Price target could happen within 2 months. The white lines are key levels one can enter on for longs and shorts. Since it is overbought one can expect some pullbacks on the way up, specifically the $140 area. I'm bullish above $120. Will consider repositioning for the short term if this level is compromised.
Broke out of pennantOld idea was invalidated. The pennant broke out to the upside. NVDA is going to test highs. PT is $135.
NVIDIA _ Corporation _ Distribution _ Prices _ Quarter 3 _ Week NVIDIA _ Corporation _ Distribution _ Prices _ Quarter 3 _ Week 2 _ Under _ Trading _ Venue _ NASDAQ.
Only Short Trade as it will fail to support Quarter 2 when price arrive at the Distribution, $140.75
Expect the following Prices:
$132.18
$135.66
$136.61
$136.15
$136.61
$137.18
$138.39
Distribution price: $140.15
Distribution price create a bearish double top!
LOOKING FOR A BUYhi friends we are currently at the support zone when it comes to this stock. this is the 2nd time it is testing this. A BUY here looks lovely but if it does break that will mean a more downside.l
Analysts Raise NVDA Forecasts, Stock Price RisesAnalysts Raise NVDA Forecasts, Stock Price Rises
According to FactSet, in July, seven reputable analysts have raised their target prices for NVDA stock. KeyBanc analyst John Vinh, for instance, increased his target from $130 to $180 (approximately 33% above the current price).
Following these target increases, Nvidia's stock has risen, closing above the psychological level of $130 yesterday for the first time since June 20. Consequently, NVDA's price has increased by more than 160% since the start of the year.
Will Nvidia's rally continue?
The NVDA chart data raises doubts about the stock's ability to confidently set new historical highs as it did in the first half of the year.
Notice the price behaviour when crossing the psychological level of $130, considering NVDA's trading volumes on the Nasdaq:
→ The rise to peak A occurred on below-average volumes;
→ The decline to low B occurred on significantly above-average volumes;
→ The rise to C (which may be exceeded) occurred on below-average volumes.
This relationship suggests a lack of buyers above the $130 level and sufficient sellers to push the price down.
According to NVDA's technical analysis today:
→ The price is in an upward channel (shown in blue);
→ The price is in the lower part of this channel, and the July rebound from the lower boundary is not very confident;
→ Peak C is approximately at the 50% Fibonacci retracement level of the A→B downward move (a potential proportion of the upward correction within the prevailing trend).
All these factors provide enough arguments to be prepared for a scenario where NVDA's price breaks below the lower boundary of the current blue channel on increased volumes.
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$NVDA #Bullflag #Earnings #History PT;$1200 #DontShort Earnings questions? You've checked the right Idea.
"When in doubt, zoom out."
Color Coated a lot of these crayon lines for you bois. LOG SCALE
Arrows on last earnings and upcoming earnings... I've only seen more and more AI growth/hype... Shorting this is like shorting EV's in 2020 #NotTheTime...
"NVDA 1150 by May" ;) - Prof
Everything is "lining" up here imo...
I'm happy to see people wanting to short this personally, adds to the #Squeeze.
#WhiteBoySummer gets started Wednesday 5/22
NVDA 1000C 6/21/2024 @ $35.20
Not financial advice.
NVIDIA long price had a reaction from the daily demand zone market in the post, i'm expeting it to get to the horizontal ray labeled as liquidity.
Return of the KingNVDA will break out of this triangular pattern it's made. Forming a bull flag today on the 15m chart that extended into after hours. I also drew a phi-channel over the Daily candle timeframe chart and then checked price action around it's levels on 5, 15, and 30 minute charts.
So while price may dip rapidly, suddenly. I fully expect all of them to get bought. I think selling puts is a great option right now because wouldn't you like to have shares of NVDA? Either you win the trade or you have to buy 100 shares. So I am short 5 put contracts on NVDA at the 120 strike, long 10 calls for December at the 200 Strike with a Jan 25 expiry, and I have resting orders in place on long put calendar spreads with each about a 9/21 dte for when it goes up, and drops and consolidates, as it will do again as it just did.
The plan is to use the profits from puts to buy shares of NVDY.
Accumulate lots of that, and maybe one day I can simply live off the dividends from it when NVDA goes up another 500%.
Hopefully. I believe AI is something that will grow exponentially as is the nature of AI. I believe we are on the event horizon and it will justify its existence at some point in the near future regardless of how expensive it may be. I am also looking to diversify in the crypto/AI/chip space.
NVDA: The Top is in Until EarningsNVDA SMA's are showing slowing momentum and I believe we see a correction this week. If NVDA cannot hold $126 support, the first PT is $119 for this week.
NVDA long ideaNVDA long idea with support and resistance. Take profit after reaching first resistance. Then find new entry at support and get ready for take off.
