NVDA breakdown possible , US Stock119 below trendline breakdown possible 117/114/105...96 can test to fill the gap
NVDA trade ideas
Identical Move To March/April 2024The chart and price action speak for themselves. The current move looks almost identical to the move from March/April after Q1 earnings.
Both times we had a gap up on earnings and NVDA has been exhibiting the EXACT same path forward. Gap up on earnings --> peak twice --> break trend --> test and bounce off demand --> attempt to retest broken trend --> further weakness --> break lower.
If this continues, price should reach lower bound of the channel in the next two weeks (108-110), which coincidentally fills the gap from May, before another run up into earnings.
It can't be that easy, can it? We'll see.
Bearish Divergence may Play! ABCD Pattern Completion around 141
& then Bearish Divergence on Weekly TF
is a Cautious Approach Signal.
To Continue the Uptrend, it needs to Cross &
Sustain 142 ; which may then lead towards 180 - 185.
$NVDA #DontTurnAround #bullPENNANT #FinalFrontier Don't turn around
(Give me the f'in cheese trick)
Don't make a sound
(Show me where the keys at)
Lay it on the ground
(knowing that your pockets fat)
Fore' I buck you down
(and I'm quick's to do that)
130C 7/26's for me...
If I die I die...
NVIDIA Sell Cycle Trading PlanNVIDIA
Sell cycle:
Open@117
Close @82
Plan:
Entry1: 50% Size: 10% Capital Leverage: 5X Exit: 50% Profit
Entry2: 60% Size: 10% Capital Leverage: 6X Exit: 60% Profit
Financial Freedom Nvdia Nvdia , has been the most constant on all it goes down by 20-25 points and shoot up . Same thing happening here it’s going up
Technical Analysis of NVIDIA CorporationGiven the current technical setup and recent bullish signals, a speculative price target for NVDA in the short term is $138, with a potential extension to $150 if bullish momentum persists. Conversely, if the price fails to sustain above $110, a retest of the $100 level could be on the horizon.
The latest candlestick formed is a bullish engulfing pattern, suggesting potential continuation of the upward momentum. However, the previous resistance around $130 will be a critical level to watch for any breakout.
Long Position
Entry: Above $130 (confirmation of breakout)
Target: $138, $150
Stop Loss: $120
Short Position
Entry: Below $110 (confirmation of breakdown)
Target: $100, $96
Stop Loss: $115
Trading Signals and Exit Template For NVDAExit Template (Stage 2 - > Stage 3): (5/10) > Neutral > Bearish
1. Bearish Price Action: Engulfing Candle / Long Upper Wick / Long Dark Candle (1/1)
2. Price Gap Down and Unfill (1/1)
3. N-Sell Pattern or Sell Signal Triggered (0/1)
4. High Volume Pullback or Correction (1/1)
5. Price Below 30 MAs (0/1)
6. 10 day MA below 200 day MA (0/1)
7. Fully Priced and Overvalued (1/1)
8. Earning and Revenue Growth Slow Down (0/1)
9. Bad News or Negative Catalysts (0/1)
10. Smart Money Outflow - Insiders Selling (1/1)
by DevilTrader168
Chart Pattern Analysis Of NVAD
K3 is a bullish hammer candle,
But it must be verified by the following candles.
It seems that the bearish momentum had been interrupted by K3.
If the following candles close upon K3 or the downtrend line,
Another bull run may star from here.
On the other hand,
If the following candles close below K3 or the uptrend line,
The risk will sharply increase.
The newly born downtrend may expand.
NVDA MegaphoneNVDA has been unstoppable, it is the last ticker I would short personally. It's an important watch though, it can single handedly move NQ around as we've seen lately. NVDA recovered on Friday with the rest of the mag 7, but it has weakened significantly since topping out near $140. My first downside target is $117, followed by $95-$100.
To the upside, first target is ATH and then it is blue skies from there.
NVDA Short There is bearish divergence on the weekly time frame, on the monthly time frame RSI has not been this over extended since November of 2021. NVDA is long overdue for a pullback, i think the risk to reward buying at this point is not worth it.
$NVDA the future ex-biggest company in the world
Several divergences confirmed by the bullish engulfing candle.
Rejection of RSI mean 2 weeks later
An absolutely perfect market open to short NVDA and get into the energy sector
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart because we have the breakout with force the vwap and the resistance line.
NVDA is in correction territoryMight have pullback to upwards $122-25 level because daily and 1H stochastic shows bullish cross and signs oversold. Then possibly push towards down S115, $112-108 and in worst case hits $100 in my opinion. What's your thought on this?
Comments and ideas are appreciated!
Thank you
Holding inside the yellow box and 130 is only a day awayWe've seen a significant tech selloff in a week, but this time, there is room to run after multiple rejections to drop from the 116-118 range.
Fib Levels on NVDAI'm wondering if the market needs to know the earnings before NVDA can decide which side of the 2.36 coefficient it wants to move on.
i am long on this stock, but i also can't think of any reason why it should sell off. It isn't overvalued any more than AMD. INTC being up with this down is confusing to me though I admit.
One thing I dislike about the markets are the way that sentiment drives everything.
If enough people think this stock should go down, it will.
Whipsaw price action seems to come from a chronic over/under valuation of a stock or sector.
I don't know what took the wind out of NVDAs sails, but I see Bitcoin rising which has shown a high correlation coefficient lately.
I think earnings will be a beat as their products sell with near infinite demand.
They are needed more than ever by all sorts.
Nvidia up to 160 end of August after earningDouble bottom W pattern going to fill the gap, reaching ATH after August earnings
NVDA expected correction and buying areaDue to a morning star candle pattern and completion of 5 wave impulsive Elliott wave pattern, I expect NVDA to correct to price levels below in black from where I expect it to rally to new all time high
Nvidia Solid buy hereHello Traders. Using Elliot wave, EMA support, trendlines and more I show where I think NVidia is gonna head next. Semis have been beaten down recently and I think this is the bottom before resuming the bull trend. This is the point where if it drops more would signal bear and it likes to reverse at the last second I have noticed many times to fool bears. We also have a bullish pennant and the Bull Full moon starts off the week. If it has indeed had a local bottom I expect the next target to be 200 before the election. I also used TA and multiple lower timeframes show extremely oversold and low RSI... We can support another leg up on the higher timeframes so I believe that is what will happen.
NVIDIA (NVDA) "long price resistance" The resistance on the price of nvidia looks strong. The price is directionally moving upward. Some price decreases could occur but there are strong indications that the price will remain strong including potential to climb based on need or demand.
NVIDIA (NVDA) "disaster zone" temporarily Nvidia, on the news, people talking, I figured I would share this post with this chart indicator to give them a view of what this indicator would look like using it on Nvidia. The image appears to tell a story that the price is falling. For the moment there is a strong conviction that the price is going to decline. After a split, like with apple, the price does go through a period when investors leave because the price is no longer as expensive. Some people like expensive things and after a stock split the price is not as expensive. There are those superficial investors who only like expensive things.
Based on my understand this is how i see itMacro Trend line will be revisited.
$90 to $60 is the range.
NVIDIA Zigzag correctionIf wave C reaches a Fib 1.618 level of wave A then wave C can be a wave 3 of a 5-waves impulse and continue to go lower.
Disclaimer:
The information provided in this chart analysis is for educational and informational purposes only and should not be construed as financial advice. I am not a licensed financial advisor, and this analysis does not take into account your individual financial situation or investment objectives. Any financial decision you make based on this information are solely your responsibility. Please consult with a professional financial advisor before making any investment decisions.
