NVDA $145.37 TargetMacro Consolidation wedge broken, riding the fib channel higher, wouldn't be surprised if we come down to an order block i've marked out for orders sitting (liquidity responsible for the break of structure) that then sends us to the breakout fib 145.40 area.Longby SPYDERMARKET6
NDVA Technical Analysis for Tomorrow (10/14/2024)Key Levels: Support Levels: $134.00: This is a key support area, as multiple price reactions are visible around this level. If NVDA breaks below, the next major support appears to be around $133.67 and $130.83. Resistance Levels: $135.00: There is significant resistance around the $135.00 level, where price has struggled to break and hold. $135.78 (Daily High): This is the next resistance level, marking the upper bounds of recent price movement. Indicators: MACD: The MACD histogram appears to be weakening, with bearish momentum developing as the MACD line crosses below the signal line. This could suggest short-term bearishness unless momentum shifts. Volume: Declining volume during the most recent price action could suggest weaker bullish activity, making a break above resistance less likely without strong catalysts. Price Action & Trend: NVDA has been in a consolidation phase within a defined range between $134.00 and $135.78, with a slight bearish bias developing. A failure to break higher could see NVDA retesting the $134.00 support level. Bearish Scenario: A break below $134.00 could trigger further downside pressure, with potential targets at $133.67 and $130.83. Bullish Scenario: If NVDA breaks above $135.78, there could be upward momentum toward the next psychological resistance around $137.00. Plan for Tomorrow: Entry for Shorts: Below $134.00, with a target towards $133.67 and lower if momentum confirms. Entry for Longs: Above $135.78, looking for a breakout towards $137.00 if momentum strengthens. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions. I am not responsible for any losses incurred from trading based on this analysis.by BullBearInsights5
$NVDA It's all So Clear NowNASDAQ:NVDA Has been on a helluva' run. It's been great fun but the ride is almost over. With increasing competition and NASDAQ:NVDA completely alienating it's true north being its dedicated and loyal gaming consumer base, the fun is almost over. The AI market is over saturated and the tools needed to run a comprehensive AI gig are well under the unrealistic products advancements NVDA is making. That being said, ever giant eventually finds a lesson in humility. Nvidia having blown through it's 1.618 and 2.618 extensions now has it's eyes on the 4.236 Extension being a target of 156 +or- a few bucks. This Stock is Parabolic in a major way and slowing down fast. The retail crowd is in for a big surprise. No worries because I am here to hold your hand through this difficult time! Once the stock caps out around 160 we will see an initial move back down to re-test the 2.618 and likely bounce. This bounce will result in a retest of the highs where we will either break and go higher, consolidate for a number of months, or double Top for a second failure near 160 where retailers will be left holding the bag. As with all stocks, all great runs and push-offs, NVDA will come back to a 60-70% discount on price near a demand level which I have marked up in Green Boxes. This is where you will want to buy again. For England James. Shortby Midgar-113
NVDA Closing above 135.60 I can see NVDA going for all time highs. Otherwise if we are to see a pullback it might be around earnings by MarketMechanic242
NVIDIA Can make a new higher highBased on technical analysis we can find if the all time higher high breakout then it can make a new higher high which i mentioned in the chart. secondly can fall also. its not financial advice just for education purposes.by FXNEWSCLUB2
NVDA Set for a Rebound: Will It Hit $137.40 and Beyond?Hey, trading family! Today we’re diving into NVIDIA (NVDA) and its recent price action. Right now, we’re seeing a correction, but all eyes are on whether it can push back up toward that key resistance level of $137.40. Here’s what you need to watch: Downside risk: If NVDA continues to correct, there’s potential for it to drop below $132. If that happens, we could see the price head even lower, testing support around $128-$130. Keep an eye on these levels, as breaking below them could signal further downside. Upside potential: On the flip side, if NVDA finds support and buyers step in, we could see it climb toward $137.40. A strong move above this resistance could lead to a bigger breakout, setting the stage for a push higher. Stay tuned to how NVDA reacts around these key levels—this correction might just present a great opportunity, depending on how the market moves. If this helped, drop a comment or share your thoughts on NVDA’s next move!03:14by Mindbloome-Trading1
Very Bullish on NVIDIA ! Point of Interest at $140.76 but wait..NVDA: Our point of interest is 140.76, and breaking this point would confirm a change of character (CHOCH) or a break of the main structure. But wait before that… We have three validations, one of which is extremely important and needs to be analyzed. The first validation is the break of the ascending channel. Whenever a candle completely exits the channel (body and wick), I consider it a 100% break. Here we have a candle that broke out with significant strength, and in the days that followed, it made a change of character or CHOCH, which is a break of the previous structure or previous swing. The second validation is that the 8 and 21 EMA lines show strong divergence. This means that the price has enough strength to continue moving upward. However, we have not yet seen any pullback. Remember that price cycles are distinguished by 3 movements: 1. Momentum 2. Pullback 3. Impulse We should always measure how much strength the price has by monitoring volume and the divergence of these two important EMAs. My third validation is that we are approaching their earnings report, which could create buying pressure for NVDA before the report, as previous reports have favored the stock and driven the price upward. BUT WAIT ! HOLD YOUR HORSES BEFORE THAT!!! We cannot ignore the order block I have around $134. Be cautious there, as it’s a zone where the price previously had significant liquidity. My prediction is that we may see a retracement before a strong push to our point of interest. Thank you for supporting my analysis. Best regards,Longby RocketMike1112
Closer to 140 than it seems all indicators follow up to targetHas been volatile, and after the initial breakout, we are now looking for a continuation breakout into the second phase of the resistance and make it to 140 before possible signs of weakness in buying and sentiment reversal.Longby themoneyman802
NVDA - Head and shoulders BreakoutNVDA - The price has just crossed the Neck line of its Head and Shoulders formation (Inverse H&S). - From the inverse Top of the Head to the Neck line, there is a difference of +47.1% - Adding this +47.1% to the Neck line, the minimum Target price should be placed à 195.75 - If one wants to place a Stop , for now it should be under the last lower low Longby Wyn-Trader3
NVDA Breakout or Rejection? Major Levels to Watch NVDA is at a make-or-break point, and it’s time to pay attention! 🔥 Key Resistance: 👉 $137 is the line in the sand! A breakout above $137.49 could send NVDA rocketing higher. 📈 Key Support: 👀 If the rejection happens here, look for price to drop into the $132-$133 zone, where fresh opportunities might open for the bears. 📉 📌 Keep these levels on your radar — it’s shaping up to be a high-volatility move! Are you ready to take advantage? 🌊 MB Trader by Mindbloome-Trading1
NVDA to 165NVDA broke the wedge with conviction here. The weekly stochastic RSI is opening up and a run is expected leading into earnings. The golden fib ratio on the most recent correction is 170$, my PT is about at this level, I believe we get there is 5-6 weeks. The only concern to note is volume falling off, hopefully the DXY can correct and we can move on here. Short-term 145$ 5-6 weeks 165$Longby Apollo_21mil5
Chart Pattern Analysis Of NVDA. K1 and K2 is a strong bullish engulfing pattern, But unfortunately, K3 failed to close upon K2 to verify the strong momentum. And the demand or supply pressure sharply decreased here. So, it is possible that the following candles consolidate here for days and then choose to break up or fall down. On the other hand, It is also likely that K4 close below K2 immediately, If that’s the fact, A larger scale consolidation will starts here. Long-136/Stop-134.6/Target-144 Long-130/Stop-128/Target-144Longby nothingchangehere4
NVDA PULLBACK COMINGNVDA pullback to multi-year support line is coming. This is inevitable. They only have 3 major customers: MSFT, GOOG, META. They will eventually slow down spending.Shortby I_AM_FROM_THE_FUTURE5525
$NVDA weekly chart, ABCD harmonic. Short idea.NASDAQ:NVDA NASDAQ:NVDA ⚠️weekly chart, ABCD pattern. 135.05 is the 0.886, if lost, could lead to a -37% drop down to 84.83. This is a warning to reduce long-exposure if we cannot close the weekly, and especially the monthly above 135.05...Shortby Dagger_Six8
$NVDA daily chart, long idea. Deep crab harmonic.NASDAQ:NVDA NASDAQ:NVDA daily chart, deep crab harmonic. Now breaking the key level of 131.26 (neckline resistance + 0.886 retracement for the ABCD pattern). This key break can now setup a very bullish projection up to 166.14. Key levels: 131.26 - neckline resistance 136.15 - x point resistance 141.60 - ATH's >141.60 we fly to 166.14Longby Dagger_Six7
$NVDA Out of Gas? 120's Pit Stop Next Week?I've been following and trading this closely around the 135 level. It looks like it DOESNT want to make it to 140 for a reject (although monday gap ups can change everything) this "Rounding" top pattern is forming on lower time frame I am looking to buy the dip next week for eventual new ATHs on NASDAQ:NVDA , currently No Positions AI isn't close to finished, or even fully realized imo... "$200 is my next fiblevel and target, probably "blowoff top" into 220s 240s around March-June 2025" - Prophecies Shortby Prophecies_R_Us6
NVDA breakout or breakdown?NVDA is trading at major resistance levels. Depending who you speak to, NVDA is about to breakout or breakdown. From a positioning perspective, it's a much higher probability to start looking for short entries up here. I don't see any point wishing luck for a long entry here. Don't chase it, wait for a pullback. Based on it's ATR levels the past quarter, the best time to go long NVDA is 3 standard deviations below it's SMA20 and short 3 standard deviations above it's SMA20. Also, NVDA stochastic is about to peak and therefore roll over in a few days. 3ATR resistance = 139 SMA20 = 122 -3ATR support = 106 Short 1 : 4 trade idea: short = 139 stop = 143 profit = 123 Short options trade idea: A) short call credit spread 11/15 expiry sell 105 call buy 130 call B) short put 11/15 expiry buy 135 put C) Already invested 100 shares 11/15 expiry collar sell 120 call buy 150 put NVDA options data: 10/18 expiry Put Volume Total 303,946 Call Volume Total 536,585 Put/Call Volume Ratio 0.57 Put Open Interest Total 1,247,714 Call Open Interest Total 1,651,970 Put/Call Open Interest Ratio 0.76 11/15 expiry Put Volume Total 61,504 Call Volume Total 147,008 Put/Call Volume Ratio 0.42 Put Open Interest Total 1,083,844 Call Open Interest Total 1,060,778 Put/Call Open Interest Ratio 1.02Shortby Options3603
NVDA: Strong Buy Signal and Short-Term Based on Key IndicatorsThe technical analysis for NASDAQ:NVDA points to a strong buy recommendation based on the following key indicators: Relative Strength Index (RSI 14) : Current value 71.74 – Approaching overbought levels but still neutral. Momentum (10): Current value 4.18 – Indicates strong upward momentum, reinforcing a buy recommendation. MACD Level (12, 26): Current value 0.29 – Confirms a bullish trend with a clear buy signal. Ultimate Oscillator (7, 14, 28): Current value 75.57 – Suggests strong upward momentum, indicating further potential gains. Moving Averages (Exponential and Simple for 10, 20, 50, 200): All show buy signals, with prices above critical support levels across different timeframes. Conclusion While the RSI nears overbought levels, the strong signals from momentum, MACD, and moving averages confirm a bullish trend. These factors present a short-term opportunity for investors to capitalize on NVDA's upward movement, as the stock appears poised for continued gains in the near future. Disclaimer This analysis is for informational purposes only and is not financial advice. Always conduct your own research or consult a financial advisor before making any investment decisions.Longby CF_444Updated 3
nvidia updateIt looks like we won't get a double correction after all and that NVDIA has printed a single correction ABC around $92, also a perfect hit on the POC and the 0.382% retracement on the higher timeframe. What we would like to see in the short term is that NVIDIA breaks through the 100% projection or the $140 mark to continue its upward movement. by TraderStoffel842
NVDA for Tomorrow Trading (11/10/2024)NVDA is trading around $134.88 as of the latest price action on the 1-hour timeframe. Let’s break down a technical analysis (TA) for tomorrow’s trading: Key Levels: Resistance: The nearest resistance is around $135.00, as indicated by the current price struggling to break through that level. Beyond $135, there could be resistance near the $138.94 to $140 range. Support: Immediate support is seen at $132.65, where price previously bounced. A stronger support level is at $130.83, which aligns with the broader upward channel and previous price reactions. Volume: The volume shows a slight tapering off as price approaches the $135 resistance, indicating that buyers may be hesitant, and we might see consolidation or a pullback unless volume increases. Indicators: MACD shows some mixed signals. There was a recent crossover that might indicate short-term downward pressure, but it's hovering around neutral levels. Trendline: The white trendline shows an upward channel, suggesting NVDA is in a short-term uptrend. The price is moving towards the upper bound of the trendline, and a breakout could take it higher. Potential Scenarios: Bullish Scenario: If NVDA breaks the $135 level with higher volume, it could push towards $138.94 and $140 in a strong upward momentum. Bearish Scenario: If it fails to break $135, expect a potential pullback to $132.65 or even $130.83 support. For tomorrow's session, watch the $135 level closely, as a break or rejection here will likely determine the direction. Keep an eye on volume and momentum for confirmation. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult with a licensed financial advisor before making any investment decisions.by BullBearInsights6
Nvidia's Stellar Surge: A Reflection of AI's AscendanceNvidia's meteoric rise in recent months is a testament to the burgeoning artificial intelligence (AI) revolution. As tech giants race to integrate AI into their products and services, the demand for Nvidia's high-performance computing chips has skyrocketed. The company's stock has surged by an impressive 25% in the past month alone, and it's on the brink of breaking its all-time high. Nvidia's dominance in the AI hardware market can be attributed to its cutting-edge graphics processing units (GPUs), which are ideally suited for the complex computations involved in AI tasks. These chips have proven to be indispensable for training and deploying large-scale AI models, such as those used in natural language processing, computer vision, and generative AI. As tech earnings season approaches, investors are closely watching Nvidia's performance. The company's financial results will provide valuable insights into the strength of demand for its products and the overall health of the AI market. Analysts are anticipating a strong earnings report, fueled by continued growth in data center sales and increasing adoption of Nvidia's AI solutions. One of the primary drivers of Nvidia's success has been the accelerated development of AI technologies by leading tech companies. Meta, Alphabet, Microsoft, Oracle, and OpenAI, among others, have been investing heavily in AI research and development. These companies are racing to introduce new AI-powered products and services, such as chatbots, virtual assistants, and generative AI tools. To support these initiatives, they require powerful hardware infrastructure, including Nvidia's GPUs. The growing demand for AI chips has created a significant opportunity for Nvidia. The company has been expanding its manufacturing capacity and investing in research and development to maintain its technological edge. Additionally, Nvidia has been exploring new markets, such as autonomous vehicles and healthcare, where AI is expected to play a crucial role. While Nvidia's future prospects appear promising, it's essential to acknowledge the potential risks and challenges that could impact the company's growth. These include intense competition from other chip manufacturers, fluctuations in the global semiconductor market, and the possibility of regulatory hurdles related to AI development. Despite these risks, Nvidia's strong market position and the increasing importance of AI suggest that the company is well-positioned to capitalize on the ongoing technological revolution. As AI continues to transform industries and society as a whole, Nvidia's high-performance computing chips are likely to remain a critical component of the AI ecosystem. Longby bryandowningqln55128
Semis may be ready to surge.NASDAQ:NVDA has reclaimed most daily supply and may trade into the earnings high if it can reclaim this week's range. NASDAQ:SMH has similarly reclaimed the daily 50 SMA and will go higher upon confirmation of the daily 100 SMA supply. Higher prices in semiconductors, such NASDAQ:AVGO as well, may help NASDAQ:QQQ follow AMEX:SPY to a new all-time high. Longby DMT_DoctorUpdated 119
$NVDA "Breakout Retest GO" PT: $180 (By March)NASDAQ:NVDA breakout has a lot of momentum, played 135C for tomorrow nicely today but NOT overnight, but $140 in the next few days is high possibility... I expect a reject, it would coincide nice with my SPY wedge action which has only added more WEIGHT after AMEX:SPY bounce. AMEX:SPY price action; Will be watching and operating around these; 140C 10/18s @ 1.41 per SHORT TERM looking at 150C 3/18/25 14.20 per MID TERM -Prophecies Longby Prophecies_R_Us5