NVDA: Wave 1 Possible CompletionNVDA appears to have completed 5 waves down for larger Wave 1 and I'm seeing a similar setup for SPY. If we are in Wave 2, we will retrace 0.618 or 61.8% of Wave 1 to reach a target of 124. We will most likely see a pull back around 119.by FiboTrader1Published 121279
NVDA Stock Surge: A Technical Analysis PerspectiveBased on Elliott Wave (EW) 2.0 analysis and the Fibonacci retracement tool, NVDA has shown a significant bounce recently, indicating potential future gains. Elliott Wave 2.0 and Fibonacci Insights Using the advanced EW 2.0 theory, we have observed a retracement for wave 3, with NVDA bouncing impressively from the $90 mark. The Fibonacci retracement tool, which complements EW analysis, highlighted this key support level. This confluence of technical indicators suggests a robust bullish trend. Target Price and Timeline Based on this analysis, NVDA is projected to reach at least $140. This anticipated move aligns with the upcoming U.S. presidential election, providing a potential catalyst for continued momentum in the market. Investors should consider these technical insights and market conditions when evaluating NVDA's potential. As always, it's important to conduct thorough research and consult with your financial advisor before making investment decisions.Longby SabahEquityResearchPublished 8
Nvidia - Bull run to continueIn my previous post of Nvidia, i had suggested that Nvidia will bottom in range of 90-95. We have seen a reversal and Nvidia is heading north. Even if we test the lows again and the path for Nvidia is clearly upwards. I was expecting Nvidia to top around 204 by the end of the year, but now i feel it can even head higher to levels of 304 if it follows Livermore Speculative Chart and goes parabolic. We will soon find it out. If you like the idea, kindly like and share. :)Longby coding_thoughtsPublished 8862
NVDA outlookNVDA will face a challenge along the Nasdaq weakness. Shorting from the trend line Shortby waleed.alazwariPublished 4
Strong Bearish Divergence Points to Potential NVIDIA DownturnAnother setup for NVIDIA based on a pronounced hidden bearish divergence. We have specified a minimum price target here. The divergence is very pronounced, so there is a very high probability that the NVIDIA share price will dip below USD 100 again.Shortby OchlokratPublished 16
$NVDA Weekly #ADX Cross INBOUND...? Last Seen 2022... WARNED Between NASDAQ:NVDA looking like this... NASDAQ:AAPL rising wedge... NASDAQ:TSLA bearflag... Yen Carry Trade Unwound and absorbed fully in only 1 week?... Markets are faster now, but that fast? QQQs need #420 for the meme... Fate loves Irony... If you timed the bottom this week congrats... But market has LOTS of TRICKS... I think NASDAQ:NVDA dumps again this week... - Proph PS: How many knife catching dip buyer's think they times a sub 100 NASDAQ:NVDA perfectly?... #TOOMANY ... #MarketMakerz creating false demand via bulltrap imo... (10,000 IQ) Shortby Prophecies_R_UsPublished 2210
SPY/QQQ Plan Your Trade For 8-9 : Inside Breakaway VolatilityToday's Inside Breakaway pattern requires price to open within the body of yesterday's candle. Therefore, we need to see price move below $530.65 before the 930 opening bell in NY. If this happens, then the Inside Breakaway pattern is ready to play out, and I believe we have a much stronger chance (about 75%) for the price to rally higher today (leaving only about a 25% chance for a broader market pullback). The Current Flag formation on the SPY (and other major symbols) may present an extended range of volatility today and on Monday. I'm suggesting today's Inside Breakaway pattern will resolve to the upside. But I'm also warning there is about a 30% chance the markets will FLUSH-OUT to the downside today before resolving back into a Bullish price trend. The reason I'm making this suggestion/warning is because of the Flag pattern that is currently playing out. The closer we move toward the Flag Apex, the more likely we will see broader price volatility and bigger price swings. It is very common for price to become extremely volatile near Flag Apexes. This happens because the price has been coiling into the Flag Apex range for many hours/days and potentially weeks. That energy, when released, usually prompts a fairly large volatility range. Today, I warn that the $524-525 should act like a make-or-break level for Bullish or Bearish trending. I cover the SPY, Gold, Bitcoin, IWM, and more in today's video. Remember, I'm trying to teach you techniques you can use for the rest of your life while showing you what I see on these charts. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #goldLong22:49by BradMathenyPublished 2210
NVDA - SHORT POSITIONWe observe that NVIDIA stock has formed a double top pattern, indicating that the price may continue in a bearish direction in the short term. If the price breaks the support level of the double top pattern, a short position can be taken. The target level for the double top formation is $101.57. However, if the price comes back up and closes above the upsloping support line on the daily timeframe, this trading idea will be invalidated, and the short position should be closed.Shortby vf_investmentUpdated 2219
NVDA approaches key support levelNVDA has been dropping pretty steadily and currently showing no signs of reversing Volume shows increase as price falls 20 RSI remains below 50 Waiting to see if NVDA breaks and holds below 95. If this occurs we should expect to see more selling to come.Shortby ratchet-mintPublished 2
NVDA - I hate posting this chartNVDA finally giving a pullback , you can play puts carefully here, as you know, any tiny AI chip deal news can rocket this again. Target #1 117 Target #2 112 Target #3 103, mostly unlikely Longby just4tradinUpdated 6636
NVDA 8/9Technical Analysis (TA) Overview: Trend & Price Action: Current Price: The price is trading around $106.19 with resistance nearby at $109.22. Descending Triangle Formation: The price action indicates a descending triangle pattern, with lower highs forming, suggesting possible bearish sentiment. Volume Profile: The right side of the chart shows a volume profile, highlighting areas where most trading has occurred. The price is near a high-volume node, meaning it might face resistance or support here. Support and Resistance Levels: Support Levels: $97.13: This is the nearest strong support level. A break below this could lead to further declines. $90.73: This is another crucial support level, just above the recent low of $90.69. If the price drops to this level, it could be a potential buying opportunity if the level holds. Resistance Levels: $106.19: The current level is acting as resistance, and the price is struggling to move above it. $109.22: Another resistance level that could act as a barrier if the price manages to break above $106.19. Moving Averages: The chart doesn’t seem to display moving averages directly, but they can be important: Short-Term (e.g., 50 EMA): If you plot this, it might be converging towards the price, offering additional resistance. Long-Term (e.g., 200 EMA): This would typically be much higher given the recent downtrend, acting as a more distant resistance level. Volume Analysis: Volume Levels: Volume is crucial in confirming breakouts or breakdowns. The current volume is moderate, which could suggest a lack of strong conviction in either direction. Volume Profile: The volume profile shows that a significant amount of trading has occurred between $100-$109. This could mean that the price may hover within this range until a clear breakout or breakdown occurs. MACD (Moving Average Convergence Divergence): Current MACD: The MACD below the price chart shows the MACD line potentially crossing above the signal line, which might suggest a short-term bullish momentum. However, if the price fails to break resistance, this could reverse. Potential Scenarios & Strategies: Bearish Scenario (Continuation Downwards): Entry: If the price fails to break above $106.19 and drops below $97.13, this could be an opportunity to buy lower, potentially around $90.73 or slightly above it. Target: A drop towards the $90.73-$97.13 range could offer a better entry. If you’re looking for a deeper discount, watch for a break below $90.73, though this might indicate a more severe downtrend. Stop-Loss: If buying at these lower levels, consider placing a stop-loss below the $90.69 low, around $89.50, to protect against further declines. Bullish Scenario (Reversal Above $106.19): Entry: If the price breaks above $106.19 with strong volume, this might indicate the start of a rally. Consider entering around $107-$109. Target: If the breakout is strong, targets could be set at $115-$121.62, with the latter being a significant resistance level as per the volume profile. Stop-Loss: Set a stop-loss below the breakout level, around $104, to protect against a false breakout. Neutral/Sideways Scenario: Strategy: If the price remains between $97.13 and $109.22, it might be best to wait for a clear breakout or breakdown before making a move. Accumulating slowly on dips closer to $97.13 could be considered if you believe in NVDA's long-term prospects. Conclusion: Possible Pullback: There is potential for the price to drop back towards the $97.13-$90.73 range, offering a better entry point. However, this will depend on broader market conditions and whether NVDA can maintain its current support levels. Strategy: Wait for a decisive move below $97.13 if you’re aiming to buy lower. If the price breaks above $106.19 and shows strength, you may want to consider entering at a higher price but with a clearer trend direction. Market Sentiment & Fundamentals: Given NVDA’s strong position in the AI and semiconductor markets, any positive news or developments could lead to a sharp reversal, so keep an eye on market sentiment and broader tech sector movements.by BullBear-InsightsPublished 6
Retest of the Lows, Rocket Ride up from Here?Here we are. Just you, me, and a strange serious of price action events with NVDA... So, how do we read this in the short-term future? I always start with a Daily Chart (1D). MACD and RSI are overdue for a little pop towards the upside. After a retest of the lows, NVDA bounced off what we can now call Support at 97. Our initial price targets still stand. In the short-term, 511. After that, the next leg up is 514. Today, the market manipulators started to release the recovery news. Keep in mind, it's Ms. Market's job to ensure growth and stability in the market. Jobless claims were presumably "not as bad" as they previously stated. Right, okay. Anyway, who cares? We're not trading feelings, we're trading options. Moving forward, the market closes higher swinging into Friday as we use volatility as our friend to secure profits with expirations further out. I'd call this phase, "safe swinging". Let's see how the market reacts EOW. Thanks for tuning in.Longby TstevesPublished 6610
NVIDIA Back AgainPRESSR: Hewlett Packard Enterprise and NVIDIA announce ‘NVIDIA AI Computing by HPE’ to accelerate generative AI industrial revolutionLongby Esmail_from_KuwaitPublished 3313
Call it what you wantprobably nothing, still a common SHS Pattern, actually pretty clean but only on the 15min TFShortby NodotzPublished 6
NVDIA Is this -35% correction enough to be a buy opportunity?NVIDIA Corporation (NVDA) completed a -35% decline from its top on Monday's Low and after a short rebound, it's consolidating. Even though this is the strongest correction it had since the late 2022 market bottom and it almost touched the bottom of the long-term Channel Up that started in October 2022, there might be room for some more downside before the next long-term Bullish Leg. It is important also to note that the 1D MA200 (orange trend-line) is still intact as the 20-month Support and the 1D RSI broke the 35.00 level (almost oversold) on Monday. All the above suggest that NVDIA hit a new long-term buy level/ Support. The Bullish Divergence though on its 1D RSI (Higher Lows against the price's Lower Lows) may indicate the opposite than it normally does. The reason is purely on NVDIA's last such pattern, which basically led to the October 13 2022 bottom. As you can see, that correction continued the price's Lower Lows despite the ongoing RSI Higher Lows, until it completed a -44% correction. That suggest that there might be room for another -9% decline before the stock breaks above its 1D MA50 (blue trend-line) and starts the new Bullish Leg for good. Of course if it breaks above it earlier, then this pattern projection is invalidated. As a result, it is recommended to buy the current bottom so that we won't miss on a potential upside by breaking above the 1D MA50 earlier but at the same time reserve some cash for the possibility of a -44% decline around the $80.00 level. In both cases, we will set a $190.00 Target (horizon before end 2024), which is a 2.0 Fibonacci extension from the current bottom. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShotPublished 4436
NVIDIA Monthly | RSI, Elliott Wave & More (Bear-Market?) NVDA iNVDA is showing multiple "top signals"... That is, an All-Time High has been hit. The last time NVDA peaked a year long bear-market followed. ➖ Elliott Waves Here we have a full 5-up waves pattern. A classic ABC correction tends to follow this pattern. ➖ RSI | Bearish Divergence This is a classic, and this signal here is super strong because it is based on the monthly timeframe. Notice the higher highs... Notice the lower highs... This is a seven and a half (7.5) years long bearish divergence: NVDA vs its RSI. ➖ Rising Wedge The most important fact to consider here is the timeframe; monthly. This rising wedge is already breaking bearish. ➖ Rounded Top This is a classic pattern and clearly depicts the situation in which this stock finds itself. NVDA is trading below 0.236 Fib. retracement as well as below the open/close of the two previous sessions. This is a bearish confirmation. Conclusion These are all bearish signals pointing toward a major correction in the coming months. Namaste. Shortby AlanSantanaPublished 4343104
Chart Pattern Analysis Of NVDA K3 failed to close below the lower limit of the downtrend channel, the supply pressure decreased. It seems that the following candles will consolidate here for days. After that, It is very likely that the downtrend will regain its strength. While the following candles fall to test the lower price area of K1 or uptrend line, It is a potential good place to decrease short positions or even buy it there. Short-105.8/Stop-109.3/Target-81 Buy-96.3/Stop-93.3/Target-103.5by nothingchangeherePublished 221
NVDA Stocks to avoid..!If ever there was a stock that has a high likelihood of doing a Bitcoin its this one... Parabolic moves are rarely sustainable, and the corrections are usually deep and fast.. Look at Bitcoin a years ago and you will see the exact same pattern Stay clear if you don't like roller coasters... by dionvuletichPublished 111
BUYING NVIDIAIn the middle of the black Monday here is good opportunity to invest on Nvidia, which has been bearish 40% and gettin more than expecting results.Longby Felipe_AvendanoPublished 1110
NVDA Long small 121.50Stoch on bottom vol bad can come back retest the 50 day ma or stop under the 50 day ma by john12Updated 5
$NVDA To $60 Using Elliot WaveTech Stocks are strong but the charts do not lie. Tech stocks cannot go up forever according to my data WWE will see $60 soon.Shortby bigejokerPublished 1
$NVDA top in. Bottom between $25-40As you can see from the chart, NASDAQ:NVDA formed a double top at the highs and has started it's bear market. I think from here we're going to see a move down that goes lower than what most people expect will happen. I've seen a lot of people sharing that they want to bid the $72 region, which would make sense if this was a normal correction, however, I think this is a larger market wide panic and that price will go lower than what most people expect. I think price is likely to hit the target in the bottom box by the end of 2025. Let's see what happens over the coming months. Shortby benjihyamPublished 212197
NVDAHere is remarkable opportunity to buy stock how it will be chart is indicatingLongby gapup69Published 1118