$NVDA To $60 Using Elliot WaveTech Stocks are strong but the charts do not lie. Tech stocks cannot go up forever according to my data WWE will see $60 soon.Shortby bigejoker1
$NVDA top in. Bottom between $25-40As you can see from the chart, NASDAQ:NVDA formed a double top at the highs and has started it's bear market. I think from here we're going to see a move down that goes lower than what most people expect will happen. I've seen a lot of people sharing that they want to bid the $72 region, which would make sense if this was a normal correction, however, I think this is a larger market wide panic and that price will go lower than what most people expect. I think price is likely to hit the target in the bottom box by the end of 2025. Let's see what happens over the coming months. Shortby benjihyam212197
NVDA Gap Fill RejectionNVDA went all the way back up to fill it's gap near $106 today after the large drop below $100. That was an excellent short opportunity, it's easy to say in hindsight, but this is something I have been watching. After that rejection near 106 and SMCI earnings, NVDA looks primed to head back to the April low it made earlier in the year around $75 and really start the collapse if that breaks.Shortby AdvancedPlays8
Developing Success With PineScript : Building Trigger MechanismsIn my ongoing quest to build better tools for traders, I continue to develop new quantitative trigger logic to improve the working versions I have already created. Trigger logic is complicated for most people because they fail to take the time to "focus on failure." Everyone builds trading systems focused on where the triggers work perfectly (trust me - I've seen/built a few hundred of them). But the most important thing to focus on is where it fails to generate a decent trigger and how you are going to filter it out or protect capital when that failed trigger hits. In this example, I highlight my new "Gun-Slinger" triggers and how my continued development is creating more advanced trading tools for skilled traders. I hope you enjoy it. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold Education19:56by BradMatheny5
Nvidia Stock Rebounds 7% on Analysts Highlight Shares of Nvidia (NVDA) saw a rebound in early trading on Tuesday, following a sharp decline on Monday caused by reports of a delay in the release of its Blackwell artificial intelligence (AI) chip. The stock had tumbled more than 6% amid a broader global stock market rout. Despite the initial panic, analysts remain optimistic about Nvidia's long-term prospects and its leadership in the AI space. Key Takeaways - Rebound After Decline: Nvidia shares rebounded after a spokesperson clarified that the production of the Blackwell AI chip is still on track to ramp up in the second half of the year. - AI Leadership: Bullish analysts believe Nvidia's strong position in the AI market will mitigate any short-term volatility caused by the reported delay. - Analysts' Perspective: Analysts from major financial institutions, including Oppenheimer, Goldman Sachs, and Bank of America, maintain a positive outlook on Nvidia's long-term performance despite potential short-term setbacks. Nvidia's Response to Delay Rumors Nvidia addressed the concerns head-on, with a spokesperson stating, "Blackwell sampling has started, and production is on track to ramp in the second half of the year. Beyond that, we don't comment on rumors.” This statement aimed to reassure investors that the company is on schedule, despite the swirling rumors. Analysts Remain Bullish Oppenheimer analysts emphasized Nvidia's robust competitive position in the AI market, asserting that a minor delay would not lead to a loss of market share. They highlighted Nvidia's comprehensive AI hardware and software solutions as a key strength. Goldman Sachs analysts acknowledged the possibility of near-term volatility but downplayed its impact on Nvidia's earnings for the 2025 calendar year. They stressed that Nvidia's long-term competitive position remains intact. Citi analysts, despite removing Nvidia from their "upside catalyst watch" due to the delay reports, continued to hold a "buy" rating for the stock. They maintained confidence in Nvidia's ongoing performance. Bank of America analysts viewed potential supply constraints as a "solvable" issue, suggesting that any resultant sell-off would be an "enhanced buying opportunity." Their long-term bullish stance on Nvidia remains unchanged. Market Performance As of the time of writing, Nvidia shares (NASDAQ: NASDAQ:NVDA ) had risen by 7%, reaching $106.48. Despite recent market turbulence, Nvidia's stock has more than doubled in value since the beginning of the year, showcasing its resilience and the strong confidence investors have in the company's future. Conclusion While the reported delay in Nvidia's Blackwell AI chip initially spooked the market, the company's clarification and the continued confidence of analysts highlight Nvidia's solid position in the AI industry. The consensus among analysts is that Nvidia's long-term prospects remain strong, bolstered by its leadership in AI technology. Investors seem to agree, as evidenced by the stock's quick rebound.Longby DEXWireNews5
thinkin about aadithinking aadi is being a total baadi this stock is still projected to be at 11 Dollars in a years time. do the math Longby LetsGetRichBabyyyyyyy6
Nvidia Approaches Key Support Levels With the S&P 500 dropping more than 9% from its July highs and the NASDAQ 100 plunging over 13% during the same period, formerly market-leading tech giants like Nvidia are pulling back to long-term support levels. In this analysis, we will put Nvidia under the spotlight and identify the areas of support with the greatest confluence. We will also discuss how to manage risk in a volatile trading environment. Nvidia’s Pullback and Key Support Levels Nvidia’s pullback began earlier than the wider market, with the chipmaker's share price hitting trend highs on June 20th. Prices have been in a mean reversion mode ever since. When analysing pullbacks, several tools can help us build a picture of confluence to pinpoint where prices may attract the most buying interest: Horizontal Support Levels: Prior areas of resistance may create support when retested. Nvidia’s price chart shows the shares are retesting the double-top that formed in March. Additionally, the April swing low is a potential support level worth noting. Fibonacci Retracement Levels: The 50% and 61.8% Fibonacci retracement levels, taken from the October 2023 to June 2024 trend low to high, show that prices are currently retesting the 50% retracement level. The 61.8% level is confluent with the April swing lows. Anchored VWAP: Anchoring the Volume Weighted Average Price (VWAP) to the October trend lows provides insight into where the average buyer who got in at the bottom is positioned. 200 Day Moving Average (MA): The long-term 200-day moving average, closely monitored by long-term investors and dynamic traders, is currently in a similar area to the anchored VWAP and the April swing lows. Relative Strength Index (RSI): The RSI index indicates how oversold the stock is as it approaches the key support levels outlined above. While Nvidia’s RSI has not yet moved into oversold territory, it is starting to show signs of bullish divergence. NVDA Daily Candle Chart Past performance is not a reliable indicator of future results Risk Management: How to Trade High Volatility Environments The recent global stock sell-off has significantly increased volatility, causing the VIX Volatility Index to surge. This increases the likelihood of overnight price gaps when trading individual stocks like Nvidia, making it challenging to manage risk when swing trading. To navigate this environment, traders might consider reducing their typical position sizes or avoiding holding positions overnight. Incorporating the Average True Range (ATR) into stop placement strategies can also help dynamically account for increased volatility. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.51% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom7
NVDA: Buy idea: Bearish ChannelBuy 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...Longby PAZINI196
Nvdia GeardownAfter nailing the bottom in 2023 and selling over the years took my biggest stack and faded last week into the vwap everyday, looking at short opportunities now. Keep your eyes glued to that support level. Already broke on a huge volatility day enjoy the ride, Bounce here needs to lineup with the rest of the market, maybe see another rally we could fade Shortby sykXBT1
Chart Pattern Analysis Of NVDA From K1 to K3, It is a strong bearish three soldiers advancing pattern. It is likely that K4 will keep falling to test the uptrend line or 0.382fib area. 90USD will be a value area to establish long-term positions. I will try to buy it there.Shortby nothingchangehereUpdated 113
NVIDIA Corporation _ Distribution _ Prices _ Quarter 3. NVIDIA Corporation _ Distribution _ Prices _ Quarter 3. Following Distribution prices already confirmed, it may take few weeks or days dpeneding on the market condition. There is still 1 more lower level of retest is missing, unless price is confimred a support above the $128.95 I would still be wtahcing this area. Lower Retest within the key level of $89.27 still mising. ________________________ Once this have been corrcted we will move to the 1st lower distribution prices. Lower Distribution prices: $95.56 $98.58 $100.64 $102.61 $103.23 _______________________________ Then Mid Distribution prices: 1st Distribution: $120.78 $121.64 $128.95 __________________ Advance Stage Distribution: 1st Distribution: $131.42 $133.92 $135.60 _______________________ 2nd Distribution: $136.57 $138.64 Execution: $139.57 Final Distribution for Quarter 3 cycle: $140.97 by Skill-Knowledge-Conduct0
NVIDIA Stock Chart Fibonacci Analysis 080524Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 94/61.80% Chart time frame : C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress : A A) Keep rising over 61.80% resistance B) 61.80% resistance C) Hit the Support D) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day. by fibonacci61801
Strong buy! are of support , bulls are in controlI am buying this stock for swing trade, are of support ,the prices will go higherLongby nuvemprafazertradeUpdated 9
Not sure correction is overNVDA's daily RSI still has room to drop. I'd like to see it go lower than April low's RSI to create bullish divergence.Shortby OptiPulseUpdated 8822
NVDA bounce comingWith the huge dip this morning we saw NVDA bounce off the support at 90 I think we"ll stay between 90-110 until earnings. Despite rumors about a flaw in the new chip I think they still beat and guide higher as has been their trend and if a rate cut follows in september we could see bulls flood the market and push to a new high. In other words buy while you can. NOT A FINANCIAL ADVISORLongby chives363
Nvidia could see 30s before reaching 250Nvidia according to analysts earnings expectations could end up over 250 in the next 5 years or so. However, recent market volatility and increased economic weakness could cause profit taking in this popular growth stock. There is an old gap near 31-37 which occurred in may 2023, and with forward earnings of 2.71, this valuation would be a fair value for NVidia where it would likely be supported. There is also an old high from november 2021, adding to the reasons why investors may gain confidence to support there. 30-40$ for NVidia would be decent value entry and attractive for value investors looking to benefit from the future growth. Remember, there is still risk in Taiwan with TSM, and geopolitical trade risk, so investors should demand a good deal when spending their cash on businesses. by optionfarmers339
$NVDA exhausted and correction anticipatedHello Traders, Firstly, This is not a financial advice. This is just my interpretation of the technical aspects of price action. NASDAQ:NVDA has been shooting up lately and formed the structure, that is similar to textbook gaps. After the exhaustion gap the price is likely to correct. The dead giveaway will be a daily candle closing below the exhaustion gap.Shortby Jay_Mata_LaxmiUpdated 9933
NVDA compared to Wall Street Cheat SheetThere are a lot of similarities with Wall St. Cheat sheet and current market cycle of NVDA, what do you think?Shortby tonjic4
Next real support for NVDA is around 92Short term trend is DN with angle 2 now approaching UP angles 2-3. We have RED TrapZone and RED UMVD with RED BAR. That means there is no Buy signals for some time. If you are tempted to Buy, just look to the LEFT when the TrapZone was GREEN and Trap Bars were GREEN with GREEN UMVD - That is how Buy environment looks like. GREEN UMVD will show that buyers are starting to come in. What do you think ?Shortby SnowflakeTraderUpdated 337
anchored VWAP looks nice! Anchored VWAP on NVDA looking like a good bounce areaLongby jedotson77661832
Nvidia - Last legup comingNvidia has been the leader in this bull runup, with everyone bearish, i still see last legup pending in it. I had tried to put the chart on monthly time frame, can change to daily time frame to see precise levels. In my opinion Nvidia has already bottomed at 101 level, worst case scenario expect maximum correction to 95 in this wave iv correction. ATH by end of year. :)by coding_thoughtsUpdated 228