NVDA FireworksDaily RSI trendline broken, euphoria at it's maximum, people buying <3DTE calls like it's an infinite money glitch... Once that trendline on the wedge breaks, get ready for the fireworks. Shortby chlorineUpdated 7
NVDA- Long Position Just a thoughtI think this will be bullish in the coming weeks. Possibly a retest with a breakout to the upside above 140 to 150 then a pullback to 135-138 levels. Longby Cambridge77
Strategic Insights for NVIDIA InvestorsNVIDIA is currently navigating within a trading range on the short time frames, confined between $120 and $140 . This range is visually represented in the chart, with the resistance level indicated by the orange line. Within this spectrum, the green median dashed line marks the value zone for potential investors . The MACD histogram indicates a weakness in buying power, but the stock price is unlikely to decrease drastically. Instead, it will fluctuate within the trading range, experiencing multiple waves before determining the next significant price movement. My investment strategy depends on NVIDIA reaching this value zone. If the prices do not dip to this level and instead continue to rise, I am not interested in investing in NVIDIA.by Monstralian8
Chart Pattern Analysis Of NVDA K1 is a first test to the long-term uptrend channel, K3 verified the uptrend but failed to close at high price area. The volume at K3 had dropped to the lowest level. The problem of the uptrend is lacking enough demands after a long time upward. It is likely that K4 will fall back to test the upper price area of K2, If it finds enough demands there, It will likely starting another bull run at 110 USD. The bull gap is the potential support.Longby nothingchangehereUpdated 3
Head and Shoulders on 4hrThere is a head and shoulders pattern on the 4-Hour chart.Shortby bi0h4z4rd842
2024 Horse Race - BestI surveyed 12 people to determine what they thought were the stocks that were most likely to perform best in 2024. This chart puts them head to head. The winner is the biggest gainer. Longby TheDBomb1
Critical Spot for NVDAWe finally saw a decent amount of volatility today with PCE and consumer sentiment. We saw a decent range on NQ, had a move over 100 points above 20k and then reversed back almost 100 points under 20k. Overall the end result is a pretty flat day. We did have quite a bit of volatility in the final hour, NQ ended up breaking below 20k and closing below, which I consider important along with NVDA holding support. Even with NQ dumping 100 points in minutes as it broke below 20k, NVDA never really broke this 123. These are my lines in the sand for now. NVDA has held 123 time and time again, and NQ has held 20k time and time again. It's been a giant chop fest where NQ mostly ends up flat. In order to keep my bearish bias on the market as a whole, I need to see NVDA fail here and break well below 123, along with NQ finally breaking below 20k and staying below. Short week next week, so who knows what will happen. I'm most likely going to take it easy until after the fourth, so I may wait until after next weekend. I'll do some challenge updates and other things in the meantime, but for now I'm getting off the screens. Hope you have a great weekend and holiday if celebrating.by AdvancedPlays1
Bull Put Spread on NVDANet Credit -120 +119 Post fees this is a 10.79% gain on capital allocated 2 DTE trade, making a bet NVDA stays above $120 The -120 is at 0.14 delta at time of tradeLongby leongabanUpdated 2
Nvidia : Learning from the pastNASDAQ:NVDA Looking at the past is easy, but learning from it is easier. Let's get listed the points. 1. Breakout of trendline on 24Jan23, that started on 19Nov21, confirmed on 29Mar22; 2. Bullish divergence started in Sep22 and confirmed in mid Oct22; 3. No lower low after 13Oct22; 4. Breakout of previous lower high of 13Dec22 on 24Jan23 (which happened to be breakout of Trendline as well.by wasif876
NVDA breaking out of the Descending TriangleNVDA is starting to breakout from the descending triangle on a 15m timeframe. This analysis is for informational purposes only.by quietbull113
NVDA Pullback? 6/28/2024Based on 4-hour chart for NVDA (NVIDIA Corporation), here’s a detailed technical analysis: Trend Analysis: The chart shows a strong uptrend, followed by a recent consolidation phase. The price is currently trading near the 50-period moving average, which could act as support. Support and Resistance Levels: Support Levels: $120.00: A significant support level close to the current price. $110.00: A previous support level that could be revisited. $100.00: Psychological support and previous consolidation area. Resistance Levels: $130.00: Immediate resistance level. $140.76: Recent high and significant resistance level. Indicators: MACD: The MACD histogram is showing signs of a potential bullish crossover, indicating a possible upward momentum shift. Volume Profile: High volume activity around the $123.91 level, indicating strong interest in this price range. Detailed Price Action Analysis Price Action: The price is currently consolidating around the $123.91 level, which is marked by significant volume. There is a clear uptrend line supporting the price action, which has been recently tested. Volume: Volume is relatively high around the current price, suggesting strong interest and potential for a significant move. Strategy for NVDA Long-Term Trade Entry Point: Consider entering a long position if the price breaks and holds above $130.00 with strong volume. Alternatively, enter on a pullback to the $120.00 support level if the price shows signs of a bounce. Exit Point: Target the $140.76 level for taking partial profits. If the bullish momentum continues, aim for higher levels around $150.00. Set a stop-loss below the $120.00 support level to manage risk. Scalping Strategy Entry Point: Look for a quick entry if the price breaks above $130.00 with strong volume confirmation. Consider entering near the $120.00 support level if there is a strong bounce with confirming volume. Exit Point: For quick scalps, aim to exit near the $130.00 to $132.00 range. Set tight stop-losses below the $120.00 level to minimize losses. Summary of Key Levels Support Levels: $120.00 $110.00 $100.00 Resistance Levels: $130.00 $140.76 $150.00 Price Actions in Detail The recent uptrend and higher highs suggest a bullish sentiment. The consolidation around $123.91 indicates a potential breakout or pullback zone. Monitor the volume closely as a breakout above $130.00 with strong volume could signal a strong upward move.by BullBear-Insights111
NVIDIASeems as though employees that retired are almost done selling their stock. Seller exhaustion is closed enough for short term that I'm confident this trade hits. Entry, stop and tp in the chart. 2:1 reward to risk.Longby RossCFC88111
NVDA forming a head and shouldersNVDA is starting to form what looks like a head and shoulders pattern on a 4H timeframe. This analysis is for informational purposes only. Might be time to hedge longs.by quietbull3
Potential DoubleBottom FormingIdea is Price will retrace DOWN to 120ish area even blow Causing DOUBLE BOTTOM, then push up for buy Due to other confluences.Longby ShaqEllz2
Technical Analysis for NVDA today 6/27/2024Support and Resistance Levels Support Levels: The lower line around 122.60 acts as a support level. Another potential support level can be seen around 123.00 where there was a previous bounce. Resistance Levels: The lines around 124.50 and 124.54 indicate resistance levels. The upper line around 126.56 is another key resistance. Indicators and Observations Volume: The volume appears relatively high during significant price moves, indicating active trading. Price Action: The price appears to be consolidating between 123.00 and 124.50. Premarket, NVDA is trading around 124.54, near a resistance level, which could either break upwards or be rejected downwards. Predictions and Strategy for Today Bullish Scenario: If NVDA breaks above the resistance at 124.54 with strong volume, it could move towards the next resistance at 126.56. A good entry point would be slightly above 124.54 after confirming the breakout. Entry: 124.60 (confirming breakout) Exit: 126.50 (near next resistance) Stop Loss: 124.00 (in case of false breakout) Bearish Scenario: If NVDA fails to break 124.54 and moves downwards, it could test the support at 122.60. A good entry point for a short position would be slightly below 124.00. Entry: 123.90 (confirming breakdown) Exit: 122.60 (near support) Stop Loss: 124.50 (above resistance) Conclusion Current Price: Around 124.54 premarket Support Levels: 122.60, 123.00 Resistance Levels: 124.54, 126.56 Predicted Move: Upward breakout above 124.54 or downward test of 122.60 The movement of NVDA today will highly depend on whether it can break the 124.54 resistance. If it does, look for an upward move. If not, prepare for a potential downward move towards the support levels.by BullBear-InsightsUpdated 117
NVDA: Continued SELLING AheadNividia put a top in at 140 and is trending downward. PT1 is 111, PT2 is 101.Shortby FiboTrader1334
NVDA bull flag forming ?Mac D is about to cross on 4H uptrend holding, holding 124 level potential breakout to upside Longby IAMONSTER7
Has NVIDIA Found Its Bottom?Another long opportunity in NVIDIA. We remain skeptical about new ATHs for the time being, but it currently looks as if the NVIDIA share has found its bottom. We are therefore focusing on long entries with modest TP levels.Longby Ochlokrat1
Nvidia 3 month predictionNvidia will drop to testing zone and then rebound to similar prices after stock split rush, possibly hitting al time highs Longby julian007garcia223
NVIDIA Fake Breakout of 2018 and 2021 - BearishNVIDIA at an interesting spot, had a fake breakout which is usually a pretty bearish sign. Curious to see if this trendline can hold. Hard to fade this beast but this would be a good spot, it's been going parabolic so if it breaks that it's probably over for NVIDIA, insiders have also been selling massive amounts in the last month. Zoomed in pic below. Shortby ghengiskahnspermshotUpdated 112
I wouldnt recommend holding or adding Nvidia shares in portfolioThe price of Nvidia shares has reached its maximum potential and appears to have hit a reversal point, with downward pressure anticipated. However, a nearby support level may make it challenging for the price to decrease significantly.Shortby azedinraissUpdated 226
NVDA - NVIDIA Corp - Buy Idea 27.06.2024Here we see strong bullish impulse and there is a demand zone around the previous swing level. We expect the price to make retracement to the zone and to see pushback from the zone, the target will be the highest high, we may even see a new high. The movement we expect is around 46%.Longby kolchev959441