$NVDA Only the BeginningPT #1: $320 - $340
PT #2: $270 - $300
PT #3: $210 - $230
Oct 13, 2022. Lows of $108.13
Aug 24, 2023. Highs of $502.66
Around +465% Gain in a bit over ONE YEAR.
How sustainable are those gains?
NVDC34 trade ideas
$NVDA See You At $200sI believe NVDA will see a similar correction to November 2021.
In Nov 2021, NVDA went from highs of $346.11, on Nov 22, to lows of $108.16, on Oct 13.
(-69% drop in around 320days)
We see from lows of $108.16 (Oct 13, 2022) to current ATH of $502.52 (Aug 24, 2023) (+400% Gain in around 320days)
What do we know? We know that this stock tends to go down just as fast as it came up.
Looking to enter longs / full exit short somewhere in the $200-$250 range
NVIDIA - Still a few chips in the bag! 35% UpsideChart #11/ 40: NASDAQ:NVDA 💾
-Bull Flag Breakout with retest
-H5 Indicator is Green
-Williams Consolidation Box has broken support. If the H5 Indicator rolls over to red at the same time it's a SELL
-Hasn't reached Bull Flag Measured Move yet.
📏 $189.52 ⏳ Before April2025
NFA
WajaniTV ; Market StructureWith my stepdown analysis, I see this asset going bearish in the days ahead. Let me know your thoughts.
Trade Analysis: Strong Recovery Hits First Target!My trade analysis worked perfectly as the price hit the first target! The recovery was strong, and the levels were respected as expected. A great start to this setup—let's see how the next targets play out. Share your thoughts or let me know how your trades are performing!
NVDA: Recovery Setup with Target at $153.14NVDA on the 30-minute chart shows a potential recovery setup. Entry is positioned above the key support level at $135.39, with a target at $153.14 and a stop-loss at $131.79. The trade aims to capture upward momentum while managing risk effectively.
NVDA: Breakout Imminent or More Consolidation?Trading Plan and Technical Analysis for NVDA
Price Action Overview: NVDA is currently trading around $135.98, showing signs of recovery after bouncing off a key low at $131.80. The stock is attempting to break out of a descending channel pattern, with a short-term breakout above the $136.00-$137.00 resistance zone. The MACD indicates growing bullish momentum, while volume has picked up in the last trading session, signaling increased interest.
Liquidity Zones and Order Blocks:
* Liquidity Zone 1 (Support): $131.80-$133.50 - Buyers have historically stepped in at this level, marking it as a potential accumulation zone.
* Liquidity Zone 2 (Resistance): $136.00-$138.50 - Sellers have consistently defended this area; breaking above it could trigger further buying.
Key Support and Resistance Levels:
* Support Levels:
* $135.00 - Psychological support and intraday pivot.
* $131.80 - Recent swing low and critical support.
* Resistance Levels:
* $137.00 - Immediate overhead resistance.
* $139.50 - A breakout target on bullish continuation.
Scalping Gameplan:
* Bullish Setup:
* Enter long above $137.00, targeting $138.50 and $139.50.
* Stop-loss: Below $136.50.
* Trigger: Look for a strong 5-minute or 15-minute candle close above resistance with volume confirmation.
* Bearish Setup:
* Enter short below $135.00, targeting $133.50 and $132.00.
* Stop-loss: Above $135.50.
* Trigger: A rejection at $136.00 followed by a break below $135.00 on high volume.
Swing Trading Playbook:
* Bullish Case:
* Enter on a confirmed breakout above $137.00, with a swing target at $142.00.
* Stop-loss: Below $135.00 to limit downside risk.
* Indicators to Watch: MACD bullish crossover and rising RSI above 50.
* Bearish Case:
* Enter short if price fails to hold above $135.00 and closes below $131.80.
* Swing target: $128.00.
* Stop-loss: Above $136.00.
Thoughts and Suggestions: NVDA is at a critical juncture, attempting to break out of its descending trendline. A strong breakout above $137.00 could trigger a bullish rally, but traders should remain cautious of rejection at key resistance levels. Scalpers should closely monitor volume at the breakout point for confirmation. Swing traders may want to wait for a decisive close above resistance or below support for a clearer directional bias.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and consider consulting a financial professional before making trading decisions.
#NVDA Elliott-Wave AnalysisI believe NVDA will eventually top out within the blue box
($154.38–$171.70) .
Afterward, I expect the price to retrace for quite a while.
This scenario seems highly unlikely concidering the financial stability of NVDA, but the chart suggests smth else. We'll have to wait and see what the future holds.
NVDA | Is the AI Hype Over?Nvidia's impressive rally may be showing signs of exhaustion. The Wave Trend Indicator has formed a bearish divergence against price action, suggesting potential weakness ahead.
NVIDIA (NVDA) - Daily ChartA breakout to new highs presents an excellent opportunity.
This is one of my fundamental approaches to chart analysis.
Why is that? In the market, there are both buyers and sellers.
When the battle between buyers and sellers is evenly matched, the market enters a range-bound phase.
A breakout to new highs signals that this balance of power has shifted decisively in favor of the buyers.
Here’s why: until the breakout, both buyers and sellers could have been in profit or loss.
However, the moment the price breaks to a new high, all buyers are in profit, while all sellers are in the red.
Now, let’s consider the scenarios where the trend continues after the breakout versus when it struggles.
What do you think?
In my view, the support-resistance flip is crucial after a breakout.
A support-resistance flip means that the previous high, which acted as resistance before the breakout, becomes a support level after the breakout.
If this new support level holds and functions effectively, the support-resistance flip is successful, making it easier for the trend to continue.
On the other hand, if the flip fails, it suggests that buying momentum has weakened, making a market reversal more likely and the trend continuation more difficult.
So, what will happen with this stock?
Let’s keep an eye on it and watch how it unfolds!
DECEMBER starts by continuing a run down to 108 before the runThe monthly gives us a clue from the trendline in the past month, so let's say I wait until it retraces to below the trendline. Once that happens, I will review whether it returns to the trendline. Over that, that's at least a 50-point gain, if not a 50-point decline previously.
NVDA shortNVDA after earning shows bearish movement. With a bull trap forming in the 30 min chart. Consolidating around 135 after closing. Bearish till mid decemeber
Rounded weekly Price look like it can run higher. Good risk to reward if semi can catch up. Consider debit call in March 150-155.
Rounded weekly Price look like it can run higher. Good risk to reward if semi can catch up. Consider debit call in March 150-155.
NVIDIA Technical Analysis : $153 in Nov'24NVIDIA is currently trading near $143.25 at Monthly R2 Pivot Point. It tried to break the R2 three times in this month, Oct 21st, 22nd and today 25th. It is very likely that it will continue going up in coming days.
RSI MA Cross has not given a signal on either direction since Oct 2 2024.
There are two scenarios based on Monthly Pivot Points:
1) If the price breaks R2, then expect it to pullback near next month's Monthly M3, and then go higher to next month's R1 ($153) Pivot Point.
2) The second scenario suggest deeper pullback to next month's Monthly Central Pivot Point ($134) and then continue going higher to R1 ($153).
Please note that next month's pivot point might change based on the price action today and four days of next week before the month ends.
I don't see any changes in NVIDIA's fundamental outlook in near future, so it may touch $153 sometimes in November.
NVDA reaching levels of interest/potential support.NVDA looking set to test the lower boundary of its Fibonacci Channel off the 2022 lows. $130-$125 should be monitored, if weakness persists. If price clears $125, $97.50-$90 next zone of interest. Lets see how it plays out, bouncing off the lower boundary would be perfectly normal and new all time highs a high probability. Lets see how it plays out.
NVDA is comming down? Hello everyone, apparently NVDA is having a bearish trend and according to my graph patterns it will start to go down more and more, could you share your thoughts about that?.
I am still learning by myself and I would like to receive some comments about my analysis, please feel free to ask or say something about what I did.
NVDA To RISEwww.tradingview.com
If NVDA break $130 its likely to go near $120 zone and a strong possibility to get support from $120 zone as support line and 50 day MA is also passing from that zone.
It has to hold support at $120 zone. If it breaks, price will fall to $90-100 zone again.
But according to me it will get support from $120 zone because NVDA BLACKWELL chips launch announcement and a new year NVDA event would become a booster to launch it again 🚀 to sky.
NVDA To RISEwww.tradingview.com
If NVDA break $130 its likely to go near $120 zone and a strong possibility to get support from $120 zone as support line and 50 day MA is also passing from that zone.
It has to hold support at $120 zone. If it breaks, price will fall to $90-100 zone again.
But according to me it will get support from $120 zone because NVDA BLACKWELL chips launch announcement and a new year NVDA event would become a booster to launch it again 🚀 to sky.
NVDA - First Target hitFirst Target Hit @ 131.11
Retracement expected from here on before we continue to test next lows.
NVDA - Key Driving Asset in this years Rally about to DIPNVDA - the previous lows are imminent.
- First Swing High in 4H Candle, closing bearish.
- Upside Momentum is fading.
- Volume constantly droping
$NVDA - 50 EMA support needs to hold or downsideNVDA- CHannel breakout to the downside. Stock is testing 50 EMA and held that support level. Puts below $135.86 for a move towards $130 and lower. Stock is weak on indicators. IF holds 50 EMA we can see a reversal towards FLAT top at $150
NVDA: Will the Descending Wedge Trigger a Breakout? Nov. 27, 202NVDA is trading at $136.28, consolidating within a descending wedge pattern, a formation that often signals a potential bullish reversal. With key support holding strong at $135, traders are eyeing this stock for its next major move. Let’s break down the analysis and outline actionable strategies for both short- and long-term traders.
Market Structure and Price Action
* Current Price Action:
NVDA has been trending downward but is now nearing the apex of its descending wedge. This suggests reduced selling pressure, potentially signaling an imminent breakout or breakdown.
* Volume Analysis:
The declining volume during the wedge's formation indicates a contraction phase, which often precedes a volatile breakout.
Key Levels to Watch
* Support Levels:
* $135: Immediate support, where buyers have repeatedly stepped in.
* $127.50: Critical secondary support. A breach below this level would confirm bearish sentiment.
* Resistance Levels:
* $139.30: Immediate resistance within the wedge.
* $142.50: A breakout target and key area to watch for confirmation of bullish continuation.
Potential Setups
* Bullish Setup:
* A breakout above $139.30, coupled with strong volume, could push NVDA toward $145 and beyond.
* Swing traders may target $150, while day traders can monitor intraday pullbacks for entries above $139.
* Bearish Setup:
* A break below $135 with heavy selling pressure opens the door to a move toward $127.50.
* Short opportunities exist below $135, targeting incremental levels like $130 and $127.
* Range-Bound Strategy:
* Until a breakout or breakdown occurs, NVDA remains range-bound between $135 and $139. Scalpers and intraday traders can exploit this range for quick gains.
Indicators in Focus
* MACD: Bearish crossover suggests downward momentum in the short term. However, the MACD line is flattening, indicating potential consolidation before a directional move.
* Trendlines: The descending wedge resistance and support are converging, reinforcing the likelihood of a breakout or breakdown soon.
Market Sentiment
* Retail traders are optimistic about a potential breakout, seeing the descending wedge as a bullish opportunity.
* Institutional investors are likely waiting for confirmation of a breakout above $139.
Outlook
* Bullish Case: A breakout above $139 could lead to a strong rally toward $145 and possibly $150 if broader tech sentiment remains positive.
* Bearish Case: A breach below $135 may result in a retest of $127.50, with downside risks tied to macroeconomic headwinds or tech sector weakness.
Final Thoughts
NVIDIA is at a technical crossroads. With the descending wedge nearing completion, traders should monitor volume and price action at key levels. Patience will be rewarded with either a breakout opportunity for bulls or a breakdown setup for bears. Watch $139 for a bullish trigger and $135 for bearish confirmation.
Disclaimer
This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research and consult a professional before trading.
