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NVDC34 trade ideas

Incoming 50% correction for NVIDIA to $50Patiently we waited and finally it has happened.It was the month of January 2025 when this immense bubble would break support. 2 years after it first confirmed in September 2022. A number of reasons now exist for a bearish outlook. Look left. On the above 5 week chart: 1) Price action and RSI support breakouts. 2) RSI support confirms resistance on past support. 3) Looking left previous corrections were at least 50% from the support exit, that’s $50 today should that repeat. 4) Looking left the chart suggests this correction is over after 210 days. In other words August 10th presents a unique long term investment opportunity. Is it possible price action continues upward trend? Sure. Is it probable? No. Ww
NASDAQ:NVDAShort
by without_worries
60
NVIDIA at Crossroads: Will $116 Hold as the New Support? Jan. 3Technical Analysis: * Trend Overview: NVDA has recently broken below the short-term support trendline, aligning with a bearish pattern. The stock is testing a critical support zone around $116, with declining momentum. * Key Indicators: * MACD: Bearish crossover with increasing negative divergence indicates selling pressure. * Stoch RSI: Currently near oversold levels, showing possible consolidation or a short-term bounce. * Volume: Rising sell volume signals strong bearish conviction as the price approaches key support. Support and Resistance Levels: * Immediate Support: $116 (critical level). * Secondary Support: $110 (aligned with the next significant demand zone). * Resistance Levels: * Near-term resistance at $124. * Further resistance at $128.95 and $149.10 (as noted by the CALL wall). Options and GEX Analysis: * Highest Positive GEX Level: $128.95, serving as the next potential gamma resistance. * PUT Dominance: Significant PUT support around $116 aligns with technical support, offering a strong defensive zone. * Volatility Metrics: * IVR: 70.4% (indicating above-average implied volatility). * Options Flow: 41.4% CALLs dominance suggests a lack of bullish sentiment, though potential for a rebound remains. Scenarios: 1. Bullish: * Entry: Above $124 on strong momentum. * Target: $128.95 or higher if the gamma squeeze accelerates. * Stop Loss: Below $120. 2. Bearish: * Entry: On a breakdown below $116 with strong volume. * Target: $110 or lower. * Stop Loss: Above $118. Conclusion: NVDA is testing a critical support zone. A break below $116 could intensify the bearish momentum, while holding this level might attract short-term buyers aiming for $124+. Options data suggests bearish sentiment dominates, yet watch for unusual activity at support.
NASDAQ:NVDA
by BullBearInsights
Range or Double top on Hourly?Range or Double top? Is NVDA going to continue the short-term down trend or have a price reversal? Hypothetically if the price moves below 118.33, the chance increases for more bearish activity, if price closes above the high wave candle the 120-price range and price does not consolidate there is a possibility of price movement to 128.92. Please keep in mind the MACD (Chris Moody) indicator is very close to having a bearish cross over and the Stochastic RSI is bearish; and in addition, we had some very interesting news events this weekend that may sway the markets acting like invisible engulfing candles.
NASDAQ:NVDA
by paper_Trader1775
$NVDA Dominance in NASDAQ: $NVDA vs NASAD IndexAll of us in crypto are used to looking at the BTC.D Chart (Bitcoin Dominance). With BTC.D stuck in a range between 57% and 60% we try to look at a new dominance chart which no one is talking about. Same as DeFI in TradFI we can look at one of the most famous Asset which is NASDAQ:NVDA vs its dominance in tech heavy NASDAQ index. Let’s call it ‘ NASDAQ:NVDA Dominance’ (NVDA.D) © 😉. Further usage of the ticker should be copyrighted to me. 😊 $NVDA.D is now below its 200 Day SMA. If we plot NASDAQ:NVDA vs NASDAQQ Index, we get $NVDA.D and there we see that NVDA.D is making multi months lows and below 200 Day SMA. We have not seen this kind of weakness in $NVDA.D since CHAT GPT was launched in Nov 2022. The last time $NVDA.D was below the 200 Day SMA it spent almost 6 months consolidating during the 2022 Tech bear market before AI sparked the new bull market.
NASDAQ:NVDA
by RabishankarBiswal
Nvidia - uptrend broken ?Just a simple chart with a few channels. In January 2024 Nvidia transitioned from one rising channel into a even steeper rising channel with increased volatility. Looks like price has been working on a new falling channel since November. These large swings we experienced in January marked the upper line of this channel and now price has left the rising channel entirely. There were a couple of retests of the green channel in the last few days but they have all failed. So I am currently not considering long positions until the price gets back into the green channel or creates a new rising trend.
NASDAQ:NVDA
by flightleader78
Sliding From The Top? Hello traders, As we roll into these next upcoming weeks, especially with the most recent news on tariffs, I feel the need to share my thoughts. First and foremost, let's talk about the story. After the inauguration, markets ran up. The S&P followed a narrow upward channel and it broke on Friday, giving signal that some kind of news was bound to come out the following Monday... and it did. Boom. DeepSeek comes out of nowhere, wiping 600 billion from NVDA's market cap and SPY takes a 12+ point dip. There's a saying I heard from a trader; "It's the tail that wags the dog." as in, it's the price action that drives the news in some situations. More than not. Now, let's talk resistance. NVDA struggled around the 150 range time and time again. Charting back to my old "sticky note zone" around 114-116, there is a potential bounce. After that, just below, 111 is going to be a nice spot too. Personally, I'd like to see 95-97 before going long on calls, but the bounce will be handled in a real-time situation. Likely, when SPY decides it's had enough and they rip it back towards the upside. I'm predicting this with about 50% technicals and 50% experience. Key advice is to be patient and wait for a definitive bounce. Better to jump in late before jumping in early. Happy Trading!
NASDAQ:NVDAShort
by Tsteves
TESLA – BUY AND DON’T QUESTION IT! Tesla was not just the first car to move away from traditional fuels—now it seems to be distancing itself from any logic or traditional method of analysis as well. For almost two years, I’ve been saying the same thing: Tesla is no longer innovating, no longer developing, no longer a pioneer in the industry. While SpaceX continues to amaze, Tesla keeps disappointing. It’s as if its engineers have been relocated to another office—where they’re working… still for SpaceX, which, surprise surprise, isn’t publicly traded! Earnings reports? Logic? Who needs them anymore? Yesterday, Microsoft reported solid results but dropped after-hours. Tesla reported a disaster, yet it surged post-market. Mind-blowing! Some time ago, I told you I was reducing my Tesla holdings—and I did. I only kept a few shares here and there as indicators, but until I see signs of change, I’ll be watching from the sidelines. Tesla is no longer a company valued based on its financials—it’s a name: Musk! And since Musk climbed so fast on society’s escalator, Tesla seems to be compensating for its lack of performance by replacing every actual result with just one word: Musk! But… how high can Musk climb? If he goes any higher, he might end up colliding with his own satellites in orbit! Earnings Call – A Broadway Show with a Predictable Ending Yesterday, Musk appeared on the earnings call and promised the moon and the stars. Firm, determined, bullish. If you want Tesla, don’t bother analyzing it. Not technically, not fundamentally, not based on reliability. Everywhere you look, the message is BUY, regardless of the actual results. If you want Tesla, buy without thinking! For now, on Musk’s reputation alone! Close your eyes and dream… Imagine the moment a robotic arm retrieves the booster of a launched rocket, picture SpaceX, then… buy Tesla. You’re not taking any risks. It’s a legal drug! All in green!! (Even Tesla) P.S. I don’t think the after-hours rally will hold during
NASDAQ:NVDA
by Viorex
Bullish NVDA 30m EMA Crossover - 2/21 $127cNice "Buy" signal EMA crossing on the 30m chart there at the end of the day along with a breakthrough of the downward trend line - may see a pump before the open tomorrow and, if she holds, could see an inverse of what I predicted a little while ago where we actually have MM's catch bears in a trap with their puts and sky this thing. Would make sense since a lot of people are saying NVDA will go down further. Current play is the 2/21 $127c @ $6/contract. Targeting a 100% return to $12. If we get momentum, could see this go to $18 or even back to the high before Monday's gap down to $22. Could put a SL in around $5.
NASDAQ:NVDA
by smplsyrup
7
NVIDIA ($NVDA) Technical Analysis: Buy or Hold? Many of my friends and family are passionate investors in NASDAQ:NVDA , predominantly tech enthusiasts eager to capitalize on NVIDIA’s innovative trajectory. Recently, a fellow software engineer made a strategic purchase following a notable deep dive into the stock. This brings us to the pivotal question: “To Buy or Not to Buy NVIDIA?” Let’s delve into a comprehensive Technical Analysis (TA) to provide clarity. 📊 Current Price Position Examining NVIDIA’s current price action on a weekly timeframe, we gain a holistic view of its overarching bullish trend. As of now, the stock is at a critical juncture where the established bull trend may be transitioning into a prolonged sideways movement or potentially signaling a reversal. 📈 Trend Line Analysis A key observation is the interaction with the ascending trend line. NASDAQ:NVDA appears to be breaking or testing this trend line, which is a significant indicator. While trend lines are not infallible predictors, they offer valuable insights into potential market movements. - Bullish Perspective: If the trend line holds, NVIDIA could resume its upward trajectory, reaffirming the strength of its bullish momentum. - Bearish Possibility: A sustained break below the trend line might indicate a shift towards a consolidation phase or even a trend reversal, warranting caution. 🔄 Market Sentiment and Consolidation Range Considering the broader market conditions, the probability of an overarching bear market remains low. This suggests that NVIDIA may likely enter a consolidation phase, potentially oscillating between the $100 and $130 price levels in the near to medium term. - Long-Term Investors: Can maintain their positions with confidence, leveraging NVIDIA’s solid fundamentals and growth prospects. - Short to Medium-Term Traders: Might prefer to wait for a clearer directional move before initiating new positions, minimizing exposure to potential sideways volatility. --- 📈 Technical Indicators Overview To bolster our analysis, let’s incorporate key technical indicators: 1. Moving Averages: - 50-Week MA: Currently acting as support/resistance. - 200-Week MA: Long-term trend indicator; NVIDIA remains above, signaling sustained bullishness. 2. Relative Strength Index (RSI): - Positioned around 60, indicating bullish momentum without being overextended. 3. MACD (Moving Average Convergence Divergence): - MACD line above the signal line, reinforcing the bullish sentiment. 4. Volume Analysis: - Steady trading volumes suggest balanced buying and selling pressure, supporting the consolidation outlook. 🔮 Conclusion & Strategy NVIDIA ( NASDAQ:NVDA ) stands at a critical crossroads. The technical indicators collectively suggest a potential consolidation phase between $100 and $130. - For Long-Term Investors: Hold your positions, as the fundamentals and long-term outlook remain robust. - For Short to Medium-Term Traders: Wait for a breakout or a clearer trend direction before committing, to optimize entry points and manage risk effectively. 📌 Key Takeaway: While NVIDIA exhibits strong technical foundations, patience and strategic positioning will be crucial in navigating the upcoming market movements. 💡 Trading Strategy Suggestion - Support Level: $100 - Resistance Level: $130 - Watch for: Breakouts above $130 for bullish continuation or breakdowns below $100 signaling potential bearish trends. Stay tuned for more in-depth analyses and trading strategies. Happy Trading! 🚀 *Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult with a financial advisor before making investment decisions.*
NASDAQ:NVDA
by itradeaims-tv
NVDA Stock Price Didn't Drop Because Of DeepSeek AloneNASDAQ:NVDA As has been said all this time, that price discounts everything. NVDA shares did not fall just because of the existence of DeepSeek. As seen in the chart above, NVDA shares formed a broadening wedge pattern, and this occurred after previously experiencing a significant price increase. Technically, this pattern itself has given a sign that NVDA shares will decline. However, at the same time, news emerged about the existence of DeepSeek which then made investors panic and suspect that NVDA was no longer the market leader so they sold NVDA shares until the price fell. Then this broadening wedge pattern was confirmed. The market always responds earlier before the news that "confirms" the trend.
NASDAQ:NVDA
by whprojectofficial