NVIDIA (NVDA): Our Next Move After Predicting the TopJust 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄 Since our last analysis, NVIDIA has fallen by 21%, bringing us into the area where we should be looking for long positions. We're about to do just that, even though it's risky. We're planning to enter a long position on NVIDIA, with our stop loss set below the end of Wave (4) for invalidation. We don't have a specific target set for NVDA, and we'll be monitoring it closely. Given the risk involved, we won't be over-leveraging here. Let's see if we can get it right again!Longby freeguy_by_wmcUpdated 12
NVDA, long, Entry: 119.15, Stop: 118.30, Timeframe: 1h**Trade Type:** long **Ticker:** NVDA **Entry Price:** 119.15 **Stop Loss:** 118.30 **Take Profit 1:** 120.40 **Take Profit 2:** 121.15 **Risk/Reward Ratio:** **Timeframe:** 1h **Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**Longby shayy11010
NVDIA - 1W - Trading IdeaAfter dropping as much as 23% since late August, NVDA has found key support in more ways than one. The price bounced off long-term support established in October 2022, while buyers stepped in at a familiar valuation—54x earnings—the same multiple that bulls defended back in December 2022 when NVDA was trading at just $46/share. Additionally, a significant divergence has formed, signaling a potential shift in momentumLongby Mike_Trading_3
Nvidia made a sudden turn, showing us a very important key zone! The price has shown a turn exactly in our GAP area, and this is where it gets interesting because this turn gave much more validation to our GAP area by bouncing precisely off of it. From here on, the bearish sequence has, for the first time, been incomplete due to the swing-turn that occurred before reaching support on our point #4. The question is: is this the moment when the price will break the resistance of our channel? Time will tell, but for now, we've identified a new zone where there is greater buying pressure, and it's exactly the same zone we've been studying for several weeks. If you've been following this analysis for weeks or months, you'll notice that everything is unfolding according to our price action and institutional analysis. From here on, we just need to wait for the breakout, and remember, this time it could be different since we're in very important months where the elections heavily influence price behavior. Best regards, and thank you for supporting my analysis.Longby RocketMike1114495
Nvidia Has Strong Fundamentals but is that Enough?One Of the Biggest Success stories of 2023... NASDAQ:NVDA Truly Gained traction under the insane Artificial Intelligence Growth and alongside the hype train that skyrocketed most Semiconductor Stocks. The Balance sheet is a undeniable strength with more then 3 assets to 1 Liability, with good cash able to cover debt based on the balance sheet. Nvidia has very strong Fundamentals is that enough to justify the PE Ratio being at 55.94x ? and a Price to Sales Ratio of 30.3 ? and its price to books ratio at 50.2 , using these valuation methods Nvidia comes up as a expensive based on its current price to me personally. The RSI Is also pretty high at 53 . I am definitely interested in seeing how Nvidia plays out in the long-term. Share price has been aided by very high revenue growth beating all forecasts by analysts in recent Quarters. Nvidia Benefits from high profit margins, however is that enough to justify the high share price? as for management and there use of the cash we can see that Net margins are 55.0%, ROE of 91.1%, ROA of 60.9%, ROCE of 83.6%. --------------------------------------------------------------- Business Revenue Sources: 84.8% of the revenue is derived from "Compute & Networking" 15.2% of the revenue is derived from "Graphics" --------------------------------------------------------------- Balance Sheet: Cash: US34.80b DEBT: US8.46b Equity: US58.16b Total Liabilities: US27.07b Total Assets: US85.23b 14.5% -> Debt to Equity Ratio --------------------------------------------------------------- Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Nvidia) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may be different for each investor and trader. Please do not make opinions based on this or any idea. Please be careful! --------------------------------------------------------------- Idea: Shortby BullishCanadianInvestor3
NVIDIA Wave Count on the 4-Hour Timeframe 🔥 The Uptrend is Approaching ✨ It appears that the stock has completed wave (3), followed by a corrective pattern 🔀 in the form of a triangle 🔼 currently forming to represent wave (4). The only remaining wave to complete this pattern is wave E 🤌. ✨ To confirm the end of wave (4) and the beginning of wave 1 within wave (5), the following conditions must be met: - Completion of all the ABCDE sub-waves of the triangle pattern. - A breakout above the key level related to wave E. Once these conditions are met, the uptrend is expected to continue. However, If Wave D falls short of the trendline, it could indicate that the market is losing momentum and the triangle pattern may be contracting more than expected. In short, while it’s ideal for Wave D to touch the trendline, minor deviations can still occur without completely invalidating the pattern, but they should be carefully monitored for potential changes in the overall wave structure. Longby chase_ID9
The next target price for Nvidia after record opening USD764.21Yesterday Nvidia reported the Q4 2023 earnings report with flying color, beating not only top line and bottom-line estimates but also projected beating earning expectation for Q1 2024 and robust growth not only in 2024 but also 2025. Things are even more positive since there will be a new and better replacement chip for the H100, one of the top line AI chips. The current market capitalization is at USD1.67T and Nvidia company share will most likely increase to around USD1212.00 in next few months and will beat Apple the world largest market capitalization at USD3.0T. Nvidia currently looks like will beat Apple to be the world largest market capitalization company. If the Fed's FOMC news on fighting the inflation remains with 2 to 3 rate cuts this year even when the next 2 to 3 months CPI, PPI and PCE numbers are bad. Nvidia and S&P 500 index will continue to raise further creating more record high. Nvidia share price will most likely go beyond USD1212.00 if this happen but there will be some pull back or dip. Hence, traders and investors should buy the dip. If there is a strong headwind happening in these coming 6 months' time such as US-Iran war or recession or Fed's cutting rate too soon for inflation to go back higher, then most likely USD1212.00 will not happen. Keep breaking record high will not happen when this potential strong headwind appears in the market. Overall BUY Nvidia and keep for at least 2 years to 10 years. The Fundamentals for the coming 2 years will most likely be the same except appearance of Strong headwind which might not happen. Longby TioJunYong8623Updated 339
Pushing higher to get the indicators overbought H&S pattern on DSo with indicators halfway through the bounce, there is a head & shoulders pattern perfectly designed, if the stock pushes higher we can always continue with the formation of H&S and if it doesn't then this could see the downside very quickly.Shortby themoneyman80224
Chart Pattern Analysis Of NVDA. K2 and K3 is a bullish up engulfing pattern, So, my previous analysis about the market is not correct. I have to change my plan and try to buy it. It is also possible that the present market is a larger scale consolidation. If the following candles break up the resistance or successfully retest the support for a second time. I will try to buy it.by nothingchangehere2
NVDA long term trend still looks bullishNVDA over past 3 months has been slowly trending downward since July. This is not a cause for concern yet, its normal in late Summer for markets to contract. Past 3 slowly trend downward Year long upward trend still being followed Its normal for late Summer to have pullbacks NVDA remains in very bullish range and right now producing buying opportunitiesLongby ratchet-mint2233
$NVDA Once in a LIFETIME MY PLANI am long 106.19 with options TARGET 120 (HIT), 135🎯 This has 10X opportunity written all over it STRONG reaction on the 618 FIBONACCI (my calls are doubled) I will share with you how I LAYER in OPTIONS and potentially SHARES ❤️if ur in!Longby tradingwarzone6648
NQ - Ready for the next wave?CME_MINI:NQ1! Hope everyone enjoys the video. I'll make a "key notes" section in word so I can copy and paste it for those that are watching for the first time, but our main method is using the most simple of technicals, 200 EMA and the MACD. Enjoy your weekend!Short16:38by The_GoldFinch4
Nvidia gearing up for potential more upside push?Bear in mind that August and September typically yield negative returns for the broader market. However, Nvidia managing to close above its previous bearish candle is a good indication that it has fuel left in the tank for another potential run to the upside.Longby FxCloudTrader3
Cup & Handle Breakout...Tracking this beautiful Cup & Handle on NVDA 1 hr... This comes just after the massive breakout of the Descending Broadening Wedge. If this Bull trend continues, our next stop is going to be $130. Stay tuned! Longby impossiblebull121239
NVDA - Trading above key resistance - Will it hold?It's a great day! Quick update on our little friend NVDA. We fell below the KEY support level of $118 in late August, but we recently reclaimed that level yesterday. Now that we are here, we need to stay above that $118 level and with today being Friday, it's even more important that we stay above $118 at market close. Barring some resistance levels that still exist above us (compared to SPX and NDX where we've already reached those levels - more on that in the video commentary), I have placed a bullish price target at $146. From a bearish stance not discussed in the video, I have a target of about $84 if October ends up being bearish. At this point, the probability is to the upside but that can obviously change at a moments notice. Take your trades with precision and a plan. Have a plan when you're trading and stick with that plan. I tend to ask myself "Is this trade still valid?" or "Is the reason why I entered this trade still true?". These are the questions that will define you as a trader. Investing is a different animal. If you like the company, you should have added to your position below $100 because that was a gift (in your eyes). If you're a trader, the same should have been true, but the reasons for staying in the position are different for traders vs investors. More on that another day. Thanks for reading and please comment below if you have any questions!Long05:05by bitdoctor6
NVDA shows a small pullback aheadNVDA has rallied very nicely over the past two days breaks above resistance temporarily indicating price exhaustion. started pulling back in late day trading decreasing volume during pullback indicates decline should not be severe, merely to put it back in trading range again. NVDA appears to have room left in the rally overall with a mid pullback to come in the near term.Longby ratchet-mint3
NVIDIA LONG TRANDING PLAN🚨 Stock Trading Signal Alert 📝 Stock Name (Ticker): NVIDIA (NVDA) 📊 Signal Type: Buy 💼 Entry Price: $103.75 🎯 Take Profit: $117.75 🛡️ Stop Loss: $99.70 ⌛ Timeframe: 1H 📅 Date: September 10, 2024 📈 Analysis: RSI indicates bullish momentum.Longby alifalaksherUpdated 3319
Uh ohWill nvidia break this price cap? We’re at major TL and .618 retracement. Leave your comments below by angeloquintana441
Nvidia updateNvidia is this a right time to invest or more down fall to come?according to my view more decisions will be taken next week after U.S rate cut but if you already took your buys,it's up to you if you can hold it or wait choice is yours but expect more upside move to come.Longby mulaudzimpho4
NVDA next possible buy spotNASDAQ:NVDA stock oversold, bounced off the 0.236 level and has been respecting the green lines in my chart so my next guess is that it'll go to 118 - 120 and then will come back down and back up eventually breaking out.Longby pythonnnnUpdated 1119
Wyckoff VSA and SMI for NQ futures and 60 minute NVIDIA ChartIn this short video, taken after we did our live trading room session, Author and Trader, Gavin Holmes shared two charts showing how to recognise professional buying followed by testing then weakness appearing in other markets. The video demonstrates the importance of identifying the fluctuation of price based on, Supply and Demand, Cause and Effect, Effort vs Result and Price and Volume analysis. 16:34by gavinh102773