NVDA: 5 Waves down C WaveNVDA is almost to the end of Wave 1 of Wave C. From there, NVDA will climb to as high as 122 - 130, before starting the biggest sell off in October or November.
NVD trade ideas
Go longvat 60$This is so incredible overpriced and in a massive bubble. The ship is sinking now and on fire so get out vefore the smoke gets too tick
My short and longterm projection on SPY and NvidiaHi all,
Welcome to my first published idea!
Summery of the video:
As it is a big move I felt the need to publish this. Making sure Bulls will know what could most probably happen in my opinion when SPY and Nvidia will reach the upcoming highs and make decision whether to hold or sell.
I believe we have reached a temporary low on Nvidia and SPY on Friday Sept 6th. As we have seen after the YEN carry trade dip, I believe we will see a new run up creating a LPSY to 124.5 for Nvidia and 562 on SPY. This should be completed by if my theory is right in the last week of September, so Friday 27th.
If these levels are indeed rejected we will see a significant down trend/ correction.
I am basing this theory on the existing sell and buy OBs that are in place on these levels. Also if we look at the bullish run up that we have seem on both symbols it has not seen a proper correction yet. Also understanding how the market and Market makers work, I believe it needs to retest all these levels. Creating a what will look as a healthy pullback on the monthly charts back to the 200 EMA till March 2025. From there on we will see a change of sentiment and it will go back to bullish trend. But before that can happen SPY will have to hit 437 and Nvidia the absolute low of 14.5.
Of course there is always a possibility we continue this bullish trend and this theory will be invalid if both break 124.5 and 562 and continue to move up through October.
Hope you enjoyed this idea and happy trading! Trade what you see, not what you hope to see!
Have beautiful day everyone!
Bearish Engulfing Weekly is a strong SELL-signal ....!NASDAQ:NVDA
Two weeks ago a Bearish Engulfing occured at Nvidia - This is a very strong signal as according to the Candle Expert Bulkovski points in 79% of occurences to much lower prices . Bearish Engulfing are also one of the most reliable candle formations! And the Red Candle was much bigger than the green. This weeks again red big down candle proofed just this (!)
Together with Elliotwave 5 waves up to 140 past June, I think we are in the middle of an ABC correction which points to around 80..... ! At mom we are in C-Wave which very often has similar length as A, which points again to 80!
And volumes are still not high enough to see a bottom in Selling ..........!
www.tradingview.com
Update idea
NVIDIA LONG 96-81 Target 130 RR 1:5
NVIDIA MTF PROIE Analysis
Current Status : NVIDIA formed Weekly Supply 124.23
NVIDIA Weekly Demand & Daily Zone 96-81
NVIDIA Long 96-81 -Targer 133
NVIDIA Yearly Breakout 34.65
NVIDIA 6 Month Demand 51.35
NVIDIA Qtrly Rally 97.40
NVIDIA Monthly Rally 92.23
Nvidia lower timeframe has not shown any bullish signs. NVDA reacted to the Demand i marked out
but failed to turn bullish on the lower timeframe.
And has just been going lower, no buying opportunity.
Daily is bullish and we're at the last Demand.
Still waiting for lower timeframe to turn bullish.
Patience is needed.
Chart Pattern Analysis Of NVDA
First of all, I must admit a fact that my previous analysis was totally wrong.
I was too optimistic about the stock.
I must change my mind and plan.
K4 is a strong bearish candle with a bear gap under increasing volume.
From K1 to K4,
It is a strong bearish evening star pattern.
It verified a fact that a potential large scale double top pattern is possible on the way.
I have to cut off all my long positions at K4.
A nearest support at the lower limit of the potential downtrend channel.
Phase 4 broken, the hyperwave will be completedWe've seen this cycle across more or less in all kinds of assets. the MAG7 is no exception. As today, we've broken down from Phase 4, despise you like it or not, once these structures break down, PA(price action) will always find its way back to its true fair value.
Already called it, but this time, we get a closer look towards the TA in NVDA.
Sequentials are settled in, we're going for a 9 monthly count of sequential bars down, the intensity of the moves is yet to be known, but alas, we will have to look at SMA's and the range of the monthly Linear Regression, they all have supports around 80, 40, 20.
And as usual, be safe, don't long this.
$NVDA, next pivot is upwardsAlrighty- Time for another Fibonacci based retracement on NASDAQ:NVDA
This time, she's headed back upwards.
Target 1 is $116
Will update once we get there,
I've had decent success tracking the last 2-3 pivots, and I've posted them here.
-Let's see what happens!
Good luck to all
If breaks below 94, then target will be 51In day/weekly chart, Nvidia makes head & shoulder pattern. Now it's in Right shoulder, going to complete if reach 98lvl, also it breaks the long term support level. Once if it breaks 98lvl, then height of head will be the target in down side, so it's around 50-55 lvl.
NVDA Weekly Chart as of Friday 9/6/24A visual of NVDA over the past two years on a weekly basis. Shows how resistance becomes support and a trendline (major = more than one year) breaks. This chart shows trend change and support level.
ONLY FOR INFORMATIONAL PURPOSES NOT A RECOMMENDATION TO BUY OR SELL NVDA.
NVDA at a major inflection pointNVDA sold dramatically recently and now trading at a major key support level.
Major support line being tested
Need to wait and see if NVDA will break through to cause more selling or bounce off.
If the uptrend does not provide enough support we will be looking at 96.00 roughly for next support
NVDA is in a neutral zone right now. It could bounce off the current trend and rally or sell through to the next support. Best to wait and see where it goes for the moment.
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart if only if we have the breakout with force the vwap indicator by a big green candle.
NVDA Short . US Stock104.70 below weak
98 below trendline breakdown
103/101.50/99/97.50 /95/91 can test
Short Setup: NVDA Rejection at Previous Month's Midpoint
My trading approach is centered around price action, focusing primarily on the range of previous candles rather than relying on complex technical indicators. I believe that the price itself tells the most important story, and analyzing the behavior around key levels, such as previous highs, lows, and midpoints, gives me the clearest insight into future movements. By keeping my charts simple and clean, I reduce the noise and distractions, allowing me to focus solely on key price levels and ranges.
NVDA Short Strategy: Repeated Rejection of Previous Month’s Midpoint (110.97) and Previous quarter midpoint (108.19) Signals Potential Drop to Previous 6 month mid(94.04) and potentially on down to (Previous Month’s Low (90.69)
This strategy focuses on NVIDIA's consistent rejection of the previous month's midpoint around 110.97, signaling weakness. If NVDA fails to break or gap above this level, the likelihood of a move down to the previous month's low (90.69) increases. The key entry trigger would be another rejection at the 110.97 level, with a stop loss placed just above the midpoint. Target the previous month’s low at 90.69 for the short position.
Premise: The stock continues to reject the previous month's and previous Quarters midpoint, suggesting weakness. If the price remains below this level and does not break or gap above it, there is a potential for further downside, targeting the previous month's low.
Entry Trigger: Look for another clear rejection or failed retest of the previous month's midpoint around 110.97. Enter a short position if the price fails to break above or gap above the 110.97 level and starts to roll over.
Confirmation Signal: Wait for a breakdown of near-term support levels, like the recent lows around 106-107, for additional confirmation.
Target: The initial downside target would be the previous 6 month's mid at .@ 94.04 with the next target of the previous month Low @ 90.69.
Stop Loss: Place a stop loss slightly above the previous month's midpoint (111-112) to protect against a reversal or gap above.
NVIDIA
long position, retracement
potentially forming a bullish bat variation of the Gartley harmonic, within a pennant on the four-hour chart.
NVDA may form a bat harmonic within a pennant.NASDAQ:NVDA is potentially forming a bullish bat variation of the Gartley harmonic, within a pennant on the four-hour chart. As long as the earnings low at point B is maintained, there is potential for a reversal to point C next week, corresponding to the upper trendline from all-time highs.
A Rip Towards the Upside?First and foremost, I have to admit I'm a little biased on this prediction because I have calls expiring 9/6, but I'm going to break down my thought process for this trade...
First thing I noticed was the 4H MACD starting to turn towards the upside. After earnings and a peak of 130, we slid all the way to the 104 region which equates to a 20% dip from the top...
Coupled with being close to oversold on the 4H RSI, I think we're due for a recovery of some sort. On a Friday? Why not?
The target would be the zone between 114-116 before we enter "the crossroads" again where it either holds or breaks through resistance, but truth be told, I don't care about that. I just want the rip roar recovery to get us there.
Problem is, I'm a little out of the money with the 111 calls so in order to see some kind of decent profit, I'm gonna need a big spike.
In the back of my mind I'm thinking, "Will Ms. Market react in a text-book kind of way?" Meaning, will she open and nosedive to fake-out call option holders just to then run it up 5-7%?
I guess we'll see. I'm in this for about $650 which I can handle losing, but I'm betting against the trend, so we'll see...
NVDA climbing to pop to the $121 price - 4hr Elliot WaveNASDAQ:NVDA drawing an Elliot Wave retracement potentially all the way to the $114-$121 price range
Moving averages consolidating around that area too. I track the 20, 50, 100, and 200, but mostly the 50 and 200 for confirmation.
Invest smart, invest hard.
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Roaring Puppy 🐶 out.
NASDAQ:NVDA
NVDA $90 Price Target by 10/4Took a $100 10/4 put on nvda targeting $90 in an all or nothing hedge. Should see some volatility especially an overdue bounce next week. But the overall trend is down.
This is Wyckoff Volume Spread Analysis for Stock NVIDIAIn this Wyckoff Volume Spread Analysis and Smart Money Indicator educational video, Author of "Trading in the Shadow of the Smart Money" shows us what the supply and demand situation in stock NVIDIA has been showing us in the last six weeks. This will be an eyeopener for the uneducated traders and investors who do not understand supply and demand, cause and effect and effort vs result, all shown on these charts.
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart because buyers try to break with force the vwap indicator.
NVDA~0786 FIBO RETRACECivilization, society, including our economic behaviors, are all in the realm of this structured, programmed, computed, quantifiable universe. Trading, millions of people moving around billions of dollar in the world, is no exception.
