NVIDIA Technical AnalysisIn the past, NVIDIA stock price action followed its own rules; however, if it followed the technical analysis rules, I think it might go down to $78, which is also the monthly S2.
NVDA trade ideas
NQ Futures - Short the pops. We're Getting Closer.SEED_ALEXDRAYM_SHORTINTEREST2:NQ
NQ futures are retracing last week's NUKE session, which isn't too much of a surprise considering the amount of sold off. Typical weekly move is 1 price block (500 pts), and if I recall correctly, it went through 2 and some change, so it's simply recovering some losses.
Now, that said, you don't want to recover 100% of it, if you're a bear, but you do want an optimal re-entry if you closed your shorts. I think that's what they're waiting for. At least recovering one price block, before we move back to the bottom of that same price block by the end of the week or sitting mid way between it, as all eyes are on the following week, FOMC meeting.
Use the 200 EMA on the 4 hr or less, and the 50 EMA on daily and above for futures.
Individual stocks, method seems to work best utilizing the 50 EMA.
Happy Trading.
$NVDA - Let's hope this plays outNASDAQ:NVDA I am paying the price for not following my own technical analysis (TA) and bought in way too early. The stock came down to $100.95, which was my initial buy area target in my Aug 28 post. What now? Well, I'm holding the bag and hoping for the best.
Things are looking a little bit better if this triangle setup were to pay out. Once it gets above $110, I think things might be looking up for me.🙏
As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.
NVIDIA Corporation (NVDA) chart analysisThe chart for NVIDIA (NVDA) displays a classic Head and Shoulders pattern, which often signals a trend reversal. This formation consists of three distinct peaks: the first being the left shoulder, the second and highest peak as the head, and the third, slightly lower peak, forming the right shoulder. The red line in the chart represents the neckline, a critical support level that has been tested several times.
Currently, the price sits just above this neckline, indicating the stock is at a crucial juncture. A breakdown below the neckline with increased volume could suggest a bearish reversal, which may lead to a significant downward movement. On the other hand, if the stock price bounces off this support, it could indicate the bulls are regaining control, leading to a potential continuation of the uptrend.
This pattern doesn't guarantee future movement but serves as a reliable indicator for many traders. In the short term, it will be important to monitor whether the stock breaks the neckline, signaling a trend shift, or if it holds and rebounds for further upward momentum.
NVDA - Swing Trade Idea NVIDIA (NVDA) is gradually recovering after the recent sharp sell-off. We saw a structural shift with the recapture of the X-POC (Xtructure Changing Starting Point) around $102.50, where buyers stepped in, forming a high-volume node (HVN).
Following the X-POC recovery, NVDA gapped up, closing above this level and establishing a new point of control (POC) with significant volume at $105.
Today, NVDA opened strong but, as anticipated, encountered resistance just before the N-POC at $110.61. Bears took control, driving the price back down to the previous day’s POC at $105.
The key for the rest of the day is maintaining a close above $105. Ideally, closing above $107.10 (today’s POC) would strengthen the bullish case. However, if we see further declines, the critical support remains at the $102.50 X-POC.
Looking ahead, tomorrow's CPI report will likely set the tone for the FOMC meeting next Wednesday, potentially clearing the path for a return to all-time highs. For now, bulls need to break through the $110.61 N-POC and hold above it. If achieved, we could see rapid movement towards the $118 POC, with resistance expected before reaching the final target at the $126 N-POC.
NVIDIA: Weekly To 30 Minute: Correcting where are we going up? Good morning Traders
Here is my video analysis on NVIDIA at the moment. Have a review and let me know what you think.
The main areas of concern are: 108 and 110 if we break those levels I dont see why the market cant go to 114 range.
Any questions, comments, ideas, want me to share more ideas on any topic let me know.
The trend is your friend and lastly we dont predict the market we follow it.
MB Trader
NVIDIA: Bearish: Possible Head and Shoulders: Warning!NVIDIA: Bearish: Possible Head and Shoulders: Warning!
Hello everyone The Wolf of Zurich has detected a possible "head and shoulder" on Nvidia, which would bring the price down to around $42.
I have also drawn a trend line that you absolutely must watch!
The level to watch is around $98-98
Here, watch your Fibonacci levels as well as your exponential mobile means
Have a nice day everyone
Some information to know about Nvidia:
Nvidia, the world leader in graphics chips and AI, is enjoying a flourishing situation despite a recent drop in its stock price.
Here is a summary of its current situation:
-Dominant position in the AI market
Nvidia occupies a quasi-monopolistic position in the field of chips for artificial intelligence. Its GPUs, especially the H100 series, are essential for the development of cutting-edge AI systems and are selling at high prices around the world.
-Stock market performance
Despite a recent 9.53% drop in its share price, Nvidia has posted an impressive 120% increase since the beginning of the year and nearly 400% over 3 years. This one-off drop does not seem to worry analysts, who still see significant growth potential.
-Technological innovations
Nvidia recently presented its new Blackwell GPU architecture, with the B200 and GB200 processors. These chips promise performance multiplied by 5 compared to the previous generation in the field of AI. The company also reassured investors by announcing that it had resolved the production problems initially encountered.
-Future Outlook
With its dominance in AI training chips and its comprehensive software ecosystem, Nvidia appears well positioned for continued growth. The company continues to innovate and strengthen its position in the AI market, which suggests a positive outlook for the future.
NVDA showing signs of a reversalNVDA broke under neath major support level friday over fears of recession looming then reversed course Monday.
breaks through downward resistance trend
breaks back above major long term support
RSI shows strong turn around
One down side is volume is slightly decreasing during the turn around. Not a clincher, just noting it.
We are now seeing a number of good signals that NVDA is reversing course and getting ready for a turn around.
Looking bullish for NVDA!! 🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
$NVDANVDA is looking to start retesting the empty space above. 1st sign of bullish pressure is us punching back into structure. Lets see how we open 09/10. An open above 108 will be another confirmation for a move higher up. Once we break structure by opening candle look for the retest don't take the break. first price target is 113.30 which is 50% of the large candle on a 24hr time frame. if we hold this level nicely we might just push straight into 117 then retest levels we broke. (this all becomes invalid based on 24hr open and closes be advised) weekly does say we are going up to retest level though.
Nvidia Looking Vulnerable To Start A More Important CorrectionWill this important momentum breakdown mark the top for Nvidia (and possibly Nasdaq and Bitcoin)?
The start of a simple correction OR a vicious bear market?
Let me know what you think.
#nvidia #nasdaq #bitcoin #recession #unemployment
Nvidia Go Bye Bye | Short or Take Profits Whenever news commentators feel the need to interview a CEO, and hail the CEO as some kind of benevolent "hero of the people", that is a pretty good indicator that something is awry.
The same applies for rampant social media hype.
At the end of the day, the chart & the macro backdrop tell the real story.
NASDAQ:NVDA will collapse from here. Don't bother trying to buy any time soon, you will only be hurting yourself; this thing, along with the broader market has some significant adjusting (downward) to work through.
NVDA: Wave 4NVDA appears to have completed 3 waves down, so looking for a retrace to 118-123 over the next week for wave 4, then a final plunge to $80 for wave 5
NVDIA Is disaster just ahead of us?NVIDIA corporation (NVDA) is on a 3-month pull-back, the first it had on a 1M basis since September - October 2023. The latter was simply a mid-Bull consolidation phase within the wider picture of a Channel Up pattern that started almost 10 years ago.
The price is pulling-back from the Channel's top (Higher Highs trend-line) and if the 1M MACD forms a Bearish Cross, we should be preparing for a cyclical correction within the pattern which in the previous two times (November 2021 and October 2018 tops) it corrected back to the 1M MA50 (blue trend-line) to form a bottom.
The Nov 2021 top was formed exactly at the time of the 1M MACD Bearish Cross, while the October 2018 top was formed 10 months after. If this is a 3-year Cycle then in October or November (2024) we should really see the extent of the correction. If not then this might be another Mid-bull consolidation and we may have (roughly) another 10-12 months before this Cycle tops.
What do you think it's going to be??
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NVIDIA Q2 2024 earnings report BULLISH??? Price is currently trading -6% post market after their Q2 2024 earning report has just been released.
There is a Bloomberg interview with CEO Jensen Huang in 45 minutes from now (6:30pm New York).
Price action wise tomorrow’s daily close will be key. If we close below $123 then more than likely we will be in for a retrace toward $110 - $100 which might be a great long entry area.
NO TRADE and stand by for now.
NVDA Swing Long TradenVidia has become an extremely popular stock amongst market participants, and has a large potential to revolutionize the world through their AI technologies and computer processing chip sales, amongst other benefits.
However, going into this uncertain time pre-election, there is potential for volatility to be present in markets before moving to higher levels.
At the moment, we are still trending upwards on the longer term, with a large base / liquidity zone at my buy targets between $65-$75.
There are several levels of confluence that I have for this trade:
1) Liquidity zone located at the pivot low of $75. I would look for a swing failure pattern here.
2) Gap zone from $66/$68 would be nice to fill and bounce from.
3) Trend based fib extension from the low at $91 and then swing high at $131 at the 0.618 would bring us exactly to the point of liquidity marked at $75.
4) I would like to see Bullish CVD and divergences at these prices as another confirmation to take a swing long trade.
My analysis is based strictly off the technical's on the charts, and there wont be much updates here unless the alert is triggered at $75.
Only time will tell!
NVDA: Buy ideaOn NVDA we can see on the chart an attempt to break the resistance line by buyers. If this is confirmed, it goes without saying that we would have a high probability of seeing the market go up.
Furthermore, if the support line is broken forcefully, this implies a reversal of the (bearish) trend.
TROUBLED NVIDIA- CAN DELAYING GPU CAUSE A SELLOFF? This stock impressively recovered after a major selloff last few weeks. Despite the stock's impressive perforce over the past year, concerns about overvaluation and increasing competition in the artificial intelligence have persisted. The investingPro's value tool estimates NVDIA's fair value at $106.17. Meanwhile, the company faces its own challenges, it recently announced a delay in the release of BLACKWELL GPU, now it is expected to launch in the next year. This delay has raised some concerns among investors as the recent R filings REVEAL shows that some investors have reduced their holdings.
Other investors have increased their positions and bought the recent selloff dip. While the stocks shows some recovery 136-140 level will be crucial for sustaining and continuing with the upward momentum. IF that level breaks we can see the likes of 160-$170, otherwise this will drop hard back to 93 and below. We can also see that double top is being formed (M PATTERN) IF it plays reversal card it will be bloody red
GOODLUCK,RISK WISELY
NVDA outlook is bullishWeekly Outlook of Sep 9
NVDA is in down trend since the earning report
- Price seems bouncing around $100-102 area
- 3rd downward leg forms divergence on 1H time frame
- RSI indicates Oversold on 4H time frame (below 30)
- Increased volume
- BoFA released analyst report favoring the NVDA
Therefore:
Bullish case
- Pull back for deep correction to $116-118 is expected if price rise breaks back above $107-108
Bearish case
- Economic worry is back after job data last Friday
if price holds under $105 area it may bounce down on downtrend line pushing price below $100 the $97 area NASDAQ:NVDA
Weekly Analysis NVDA/Semiconductors Semiconductors don't seem to be driving the market higher any longer, it's been a while since that has been the case. We've seen extreme weakness out of this sector after being the market leader for so long. This is the most downside we've seen yet this year, but there are still critical levels on SOXX and NVDA that need to be broken until bears can claim victory.
Strong Analysis on NVIDIA (NVDA)Hey traders, let's break down what's happening with NVIDIA (NVDA) and how I'm approaching this setup.
As you can see on the chart, we had a pretty solid uptrend that got me excited for a while. The green Heikin Ashi candles were flowing nicely, indicating strong bullish momentum. But now, we’ve hit an interesting point where things are taking a turn.
Key Resistance Area
First up, there’s a key resistance zone around $128. It’s no surprise that the price started pulling back right after touching that area—it’s been tested multiple times before, and once again, the bulls struggled to break through. I marked this zone on the chart with an orange box to emphasize how critical it is. It’s like a ceiling that NVDA just can’t seem to smash.
The Pullback
Now, as the price started to dip from that resistance, I noticed a pullback that’s pretty significant. This is where I’m keeping an eye on a potential reversal or further downside action. The sell-off is accelerating, and it’s getting close to an important support zone between $90 and $96.
Support Zone
Here’s the good part: I’ve highlighted a major demand zone between $90 and $96. This area has held up in the past and acted as a solid floor for the price to bounce off. I marked it with a purple box so I don’t miss the opportunity to potentially buy back in if the price bounces.
What’s Next?
For me, the plan is straightforward: I’m waiting for the price to approach the support zone. If we get bullish signals (like a strong green candle or price action reversal), I’ll consider taking a long position with my stop just below the zone. On the flip side, if it breaks below $90, that’s my signal to step back and wait for a clearer direction.
Right now, it’s all about patience. I want to see if the support holds, and if it does, that’s where I’m ready to act. If you’re watching NVDA like me, keep an eye on these levels—this is where the action is happening.
Happy trading, and let’s see how this plays out!
HEY INVESTOR! Nvidia below $100 is an absolute buy! check it outLet's welcome NVDA to our weekend analysis!
In this analysis, we're primarily focusing on two resistances that the price formed several months ago, which consequently created a gap later on, the price came back to test our blue area, which we'll call our "gap zone."
The price has been fluctuating in a bearish sequence; however, it has not yet reached our point #4 to complete the sequence we've been observing for the past few days.
If the price complete the sequence and reaches our point #4, we're looking an excellent buying opportunity below 100 dollars.
The trend is still bearish, but there are two factors that may suggest a short-term trend reversal:
First , the price has already touched our gap zone, and second , the dividend date is approaching, during which many accumulate shares to receive the dividend and then sell, leading to increased volatility for Nvidia in the coming days.
Just remember, Nvidia's intrinsic value may be positioned below 98 dollars, but if you're looking at it for the long term, this price shouldn't concern you at all.
Best wishes for success in your trading and investment!
Thankyou for supporting my analysis
Best Regards
breakthrough becomes clear, last set of supportThe lines show a narrowing squeeze indicator but have a close retrace in the mid-80s, which I am also paying close attention to.
