NVIDIA (NVDA) Earnings Beat Expectations! 🚀 NVIDIA (NVDA) Earnings Beat Expectations! 🚀
NVIDIA just released its earnings report last night, and the results are stellar:
💰 Revenue: $35.08 billion
🔥 Exceeded Expectations: By 5.77%
This impressive beat highlights NVIDIA's dominance in the AI and semiconductor space, showcasing its ability to capitalize on booming demand for cutting-edge technology.
📊 Market Outlook
The market is expected to react positively during the pre-market session. Based on Elliott Wave analysis on the 25-minute chart:
Current Position: Wave 2
Potential Move: A strong rally could lead to new all-time highs at $151 and $155.
⚠️ However, if we see a drop below $137.70, it could signal a liquidity grab before the anticipated move upward.
💡 Pro Tip: Monitor pre-market action and key levels closely to optimize your entry and risk management.
#NVIDIA #Earnings #StockMarket #NVDA #ElliottWave
NVDA trade ideas
NVDA Breakout Alert: TA for Nov. 20, 2024NVDA has been exhibiting a strong recovery from its recent lows, breaking out of a descending trendline on the hourly timeframe. With bullish momentum building, this stock is primed for both scalping and swing trade setups. In this analysis, we’ll dive into the market structure, supply and demand zones, price action insights, and trading opportunities to capitalize on NVDA’s movement.
Market Structure Overview
* Trendline Breakout: NVDA has decisively broken out of a descending trendline, signaling potential upside.
* Current Price Action: Trading at $149.68 with strong bullish candles and volume confirming the breakout.
* Volume Analysis: Increased buying volume during the breakout phase, suggesting institutional interest.
Supply & Demand Zones
* Demand Zone (Support): $137.06 - $140.32. This area has historically seen strong buying interest and could act as a safety net for pullbacks.
* Supply Zone (Resistance): $149.95 - $155.00. This region is the next significant hurdle NVDA must clear to confirm a bullish continuation.
Key Levels
* Support Levels: $137.06, $140.32.
* Resistance Levels: $149.95, $155.00.
Order Blocks
* Bullish Order Block: $137.00 - $138.50. Watch for potential rebounds if NVDA retraces to this level.
* Bearish Order Block: $149.50 - $150.00. This area may see selling pressure and could be a profit-taking zone for scalpers.
Technical Indicators
* 9 EMA & 21 EMA (Hourly): The stock is trading well above these levels, indicating a strong bullish trend.
* MACD (Hourly): Bullish crossover with increasing histogram bars, signaling momentum.
* RSI (Hourly): Hovering near 70, indicating strength but watch for overbought conditions.
Scalping Plan
* Entry: Look for a pullback to the $147.00 - $148.00 range with confirmation from bullish candles.
* Exit: Target $149.50 initially, then $150.00 for extended profits.
* Stop-Loss: Tight stop at $146.50 to limit risk.
* Game Plan: Focus on momentum plays near breakout levels. Use high-volume candles as confirmation for entries.
Swing Trading Plan
* Entry: Buy on a retracement to the $140.00 - $143.00 demand zone.
* Exit: Partial profit at $149.95, with the final target at $155.00.
* Stop-Loss: Below $137.00 to avoid deeper pullbacks.
* Game Plan: Monitor for continuation patterns like flags or pennants above $149.00 to add to positions.
Projection
NVDA’s breakout is supported by strong technicals and volume. If it sustains above $149.95, it is likely to test $155.00 in the coming sessions. Failure to hold $147.00 may result in a retest of the $140.00 support zone, offering another buying opportunity.
My Thoughts
NVDA appears poised for further upside in the short term, but caution is warranted near key resistance zones. Scalpers should watch for quick reactions near $149.50, while swing traders can benefit from the broader trend. Stick to the plan, respect your stops, and let the market guide your moves.
Nvidia (NVDA) Earning Report Trade I only trade long breakouts. Though this trade makes no assumption of the outcome of Nvidia earnings call. It was targeting an upward movement in the stock before and after the earnings call.
As per the oldest trick in the book, the NVDA stock was expected to fall (before rise) on successful earnings results. The fall was specifically targeted to collect additional liquidity from the SL orders below the current market price.
Two bands were drawn on the chart to indicate the upper and lower band of the Volume Profile and the PoC line.
Most SL orders will be placed below the PoC line, near the lower band. In my case, an order to buy was placed near the lower band, at 140$. The ongoing market price when the order was placed was 147$.
The NVDA results were well above the expectations. As expected, the NVDA stock went for a deep dive below and touched the 140 range and filled my order, before rising sharply above 144$ and then stabilizing around the level for some time. I was able to capture a move of around 3%.
NVIDIA Q3 earnings exceed expectations, but stock price falls
Nvidia's third-quarter earnings surpassed market expectations. The EPS stood at 81 cents, notably higher than the market consensus of 75 cents. Total sales reached almost $35 billion, exceeding the forecast of $33 billion. This impressive performance was highlighted by a remarkable 94% increase in total sales compared to last year's period, alongside a robust 106% surge in net profit.
Despite delivering a solid third-quarter performance, Nvidia's stock price took a hit. This drop occurred as the company's fourth-quarter sales guidance fell short of Wall Street's elevated expectations. The market had projected Nvidia's fourth-quarter sales to reach $37.5 billion, but the company revealed that it would instead be at $37.1 billion.
NVDA has fallen slightly since the earnings announcement and remains around 146.00. However, the price still remains within the ascending channel, indicating momentum. If NVDA sustains an uptrend within the channel, the price may gain upward momentum toward the 150.00 high. Conversely, if NVDA breaks below the channel’s lower bound, the price may fall further to 138.30.
NVDA higher - correction - higher $145Looks like NVDA will top this week with a couple dojis near $136.83 to end the week, then a small correction toward $126;and then a push higher to end June and the 2Q at near $143.87
After hitting $143.87 a 3 wave correction like Mar-Apr correction toward $116 while market digests the recent bullish move finishing its 3Q-4Q higher near $145
Chart Pattern Analysis Of NVDA
From K1 to K3,
It is a bullish three soldiers advancing pattern.
Two candles close upon the neck line.
It is most likely a valid break up.
And market will accelerate.
If I hadn’t bought it earlier.
I will buy it here.
A nearest price target is about 200USD.
On the other hand,
If K4 close below the neck line,
The risk will sharply increase.
I think the possibility is relatively low here.
NVDA 🚨 Nvidia Smashes Records on AI! 🚨
NASDAQ:NVDA
🚀 Delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution.
💻 Key Highlights
▫️ Data Center🟰 $30.8 billion (+112% YoY), driven by demand for advanced chips like “Blackwell.”
▫️ Gaming🟰 $3.28 billion (+8% YoY), fueled by GPUs for PCs and consoles like the Nintendo Switch.
▫️ Automotive & Robotics🟰 $449 million (+72% YoY), led by autonomous vehicle and robotics chips.
🎯 Nvidia by the Numbers
Stock Performance in 2024🟰 Nearly tripled.
AI Chips🟰 Hopper and Blackwell models are in high demand, with sales expected to outpace supply into 2025.
Nvidia 🚨 Nvidia Smashes Records on AI Boom! 🚨
NASDAQ:NVDA delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution.
💻 Key Highlights:
Data Center: $30.8 billion (+112% YoY), driven by demand for advanced chips like “Blackwell.”
Gaming: $3.28 billion (+8% YoY), fueled by GPUs for PCs and consoles like the Nintendo Switch.
Automotive & Robotics: $449 million (+72% YoY), led by autonomous vehicle and robotics chips.
🎯 Nvidia by the Numbers:
Stock Performance in 2024: Nearly tripled.
AI Chips: Hopper and Blackwell models are in high demand, with sales expected to outpace supply into 2025.
Nvidia 🚨 Nvidia Smashes Records on AI Boom! 🚨
NASDAQ:NVDA delivered spectacular results for Q3, reporting revenue of $35.1 billion (+94% YoY) and adjusted EPS of $0.81, significantly beating expectations. The company also forecasts sales of $37.5 billion for next quarter, solidifying its position as a leader in the AI revolution.
💻 Key Highlights:
Data Center: $30.8 billion (+112% YoY), driven by demand for advanced chips like “Blackwell.”
Gaming: $3.28 billion (+8% YoY), fueled by GPUs for PCs and consoles like the Nintendo Switch.
Automotive & Robotics: $449 million (+72% YoY), led by autonomous vehicle and robotics chips.
🎯 Nvidia by the Numbers:
Stock Performance in 2024: Nearly tripled.
AI Chips: Hopper and Blackwell models are in high demand, with sales expected to outpace supply into 2025.
NVDA Predictive Modeling Outlook : Pre Earnings 11-20-24I thought I would have a little fun with my ADL Predictive Modeling system.
This shows the Daily & Weekly predictive results for NVDA prior to the earnings data release.
Have fun.
This is really just to show you how the ADL system works and to test the outcome related to NVDA's earnings/outcome.
Get some..
#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
NVIDIA’s Next Move: Ready to Rally or Slip Lower?Good morning, trading family!
Let’s take a simple look at NVIDIA (NVDA) and where it might be headed from here. We’re at an important crossroads, so here’s what we’re watching:
If NVDA Moves Higher:
If NVDA can hold its current position, it has room to drive up into the $150 range. This could signal that buyers are stepping in and momentum is building for a rally.
If NVDA Moves Lower:
A drop could take us to the following key levels:
$144: First potential stop for support.
$138–$137: A zone where buyers might try to step in.
$132: A deeper pullback that could see some consolidation.
$129 and $120: These are lower support areas to watch if selling pressure continues.
How to Approach This:
Mark These Levels: Add them to your chart for reference.
Wait for Confirmation: Don’t rush in—see how NVDA reacts at each level.
Trade What You See: Let the price action guide you, not your emotions.
We’re at a moment where NVDA could make a strong move in either direction. Keep it simple, stay patient, and watch the levels.
Let’s make it a great trading day!
Mindbloome Trading // Kris
NVDA in a rising wedge, bearish before earningswww.tradingview.com
I have no doubt about NVDA's fundamentals and I'm bullish on the stock on the long-term. However, from a technical analysis perspective, the stock is showing signs of fatigue with a steadily declining 20-day average volume over the past several months. A clear divergence between volume and price suggests a potential reversal after the earnings release. Generally, after a 194% YTD performance and a broadening of the market since the US election, investors may take profits, which could lead to a pullback in the stock.
On the chart, NVDA is currently within a rising wedge, which could see it either hit the lower boundary and rebound or break down and find support at previous levels. I'm not currently invested, but I'm preparing to potentially short the stock after the earnings release, post-market.
Nvidia Q3 24 Earnings in Focus Q3 24 earnings for Nvidia (Nasdaq; ticker: NVDA) – a leader in the artificial intelligence (AI) chip and data centre solutions market – and the company’s Q4 forward guidance will be released after the market closes today. Over the past two years, Nvidia's performance has been nothing short of remarkable, resulting in substantial growth in both share price and company revenue.
The Q2 24 earnings announcement revealed that data centre growth jumped to US$26.3 billion, rising 16% from Q1 24 and was up more than 150% compared to a year ago (Q2 23). This also helped fuel record quarterly revenue, rising 122% (US$30.0 billion) from a year ago (Q2 23). The company’s bottom line – net income – doubled to nearly US$17 billion in Q2 24, compared to a little over 6US$ billion a year ago (Q2 23).
Earnings for Nvidia are set to be reported for the fiscal quarter ending on October 31 of this year. This event is highly anticipated on Wall Street, with significant expectations from investors. According to analysts at Bank of America (BofA), the results could influence the short-term direction of the US stock market. Notably, Nvidia has contributed to approximately 20% of the returns in the S&P 500 over the past year. Therefore, today’s earnings release will likely impact stock market indexes, with implied options suggesting a potential 10% swing in the company’s share price following the earnings announcement.
Earnings will take centre stage, and the company's forward guidance will also be significant. Investors will be particularly focused on margin and market share levels to see if they remain stable as the company works to get Blackwell operational. This also comes after Nvidia recently surpassed Apple (Nasdaq: AAPL) to become the largest company in the world by market capitalisation, now valued at $US3.6 trillion.
Other key metrics to keep an eye on:
• Net income: US$17.4 billion expected versus US$9.2 billion a year earlier
• Revenue: US$33.1 billion expected versus US$30.0 billion in Q2 24
• Earnings Per Share (EPS): US$0.75 per share expected versus US$0.38 a year earlier
Analysts Favour Buying
The company’s growth and strong performance are expected to have continued in Q3 24. According to data provided by Refinitiv, 90% of the analysts polled currently rated the stock as a ‘Buy’ (33% of which rated it as a ‘Strong Buy’). Around 10% of the analysts suggested a ‘Hold’.
Year to date, the NVDA stock is up nearly 200%, with the company’s share price rallying 20% since pencilling in a low of US$90.69 at the end of August. Over the previous five years, the stock has also rallied an eye-watering 2,600%.
What Are the Charts Saying?
It would be an understatement to say that the stock is trending higher. The higher highs and higher lows seen on the weekly chart are a textbook definition of an uptrend. At the tail end of September, the stock ruptured the upper boundary of a pennant pattern (drawn from the high of US$140.76 and US$90.69) and has since pushed higher. Generally, once a chart pattern completes – pencils in a breakout – traders will look to apply the pattern’s take-profit objective, which in this case, can be found by extending the pole’s value from the breakout point. As you can imagine, this would involve a profit objective at around US$450.00.
Over on the daily chart, the stock has been caught within an ascending channel since the middle of October, extended from US$128.74 and US$144.42. You will also note that the stock left the lower boundary of its ascending channel unchallenged this week and rallied nearly 5.0% yesterday. Technically, this indicates strength and a breakout above the upper boundary of the ascending channel to potentially refresh all-time highs.
Written by FP Markets market analyst Aaron Hill.
NVDA Possible play's Again my cus trades stocks so I figured I would post what I charted up for him. When looking at possible play's you will need to go down to a 2min time frame to get your entries. With the gaps in these stocks it can be difficult to find entries with so much missing data. maybe I don't pay enough to see it . I cannot post lower time frames and zones but set up 30min wick highs / lows -zones 3 candles back and you will see the support and resistance
NVDIA - Arguments For BullsMedianlines (Pitchforks) do not forecast.
They PROJECT the most probable path of price.
At each moment in time, a "Medianline/Pitchfork Analyst" can relay on the rules and the framework they provide.
In this case I see the following arguments for a continuation to the upside:
- price is above the Center-Line
- price did test the CL two times and hold
- price was attempted to test the CL a third time, but was even too strong to reach it, and is now in this very momentum to the upside
- when price trades towards a Medain-Line but can't reach it, it's a sign that price will continue the direction it had before (up in this case). The next Target is the "next" Medianline, which is the U-MLH (Upper-Medianline-Parallel)
- price broke the blue-dashed A/R line to the upside
All said, we have to keep in mind that there is also a opposite side of the Coin. I will provide another Chart Analysis with "Arguments For Bears".
Nvda results tonight. Be careful…
NVIDIA Earnings Today: Strong Results Expected, But Future Outlook Raises Questions
NVIDIA (NVDA) is set to release its earnings today, and analysts are anticipating strong results, with projected revenue of around $33.1 billion and EPS estimates of $0.71. Given NVIDIA’s dominance in the AI and semiconductor markets, the company is expected to meet or slightly beat expectations. However, looking ahead, there are several factors that could challenge its future growth and stock performance:
1. Supply Chain Constraints
NVIDIA has faced production bottlenecks, particularly with its new Blackwell AI chips. These challenges could slow revenue growth and limit the company’s ability to meet increasing demand.
2. Market Saturation
The semiconductor industry is showing signs of a slowdown in global chip demand, with inventory excess becoming an issue. Coupled with increasing competition from companies like AMD and Intel, NVIDIA’s pricing power and market share could be affected.
3. Economic and Sector Volatility
Broader economic uncertainty and volatility in the tech sector pose risks to investor sentiment. While AI remains a hot topic, the tech sector has seen significant layoffs, which could indicate a slowdown in spending on high-end hardware.
4. Regulatory and Geopolitical Challenges
U.S. export restrictions on advanced AI chips to China and other regions could limit NVIDIA’s market opportunities. With geopolitical tensions on the rise, these restrictions may become a bigger hurdle for future growth.
Outlook
While NVIDIA’s earnings are expected to be strong, the stock’s performance may hinge on its forward guidance. If growth projections fail to address these headwinds, we could see negative sentiment around the stock, even with positive earnings results. Investors should carefully evaluate the long-term potential of the AI and semiconductor markets when considering NVIDIA’s future.
For me I’m edging towards the bearish yet I’m back to sitting on my hands till after the results. The reason for me going bearish is the both the weekly and the daily macd have diverged along with the fact that the last release was a beat yet we had a slight decline post release.
What are your thoughts? Will NVIDIA’s strong results outweigh these challenges, or could the future bring pressure
What happened? $Nvidia surged nearly 5%!!!!Reason1: Cooling of Blackwell overheating issues boosts confidence.
Concerns about overheating in Nvidia's latest high-end chip, Blackwell, had been widely discussed. However, multiple authoritative analysis firms and Nvidia's CEO Jensen Huang confirmed that these issues have been resolved. Industry analysts noted that such problems have been effectively mitigated, with negligible impact on chip performance and supply cadence. This clear positive signal has instilled confidence in investors regarding Blackwell’s stability and market prospects.
Reason2: Technological advancements raise expectations.
As Nvidia's most advanced chip to date, the complete resolution of design issues marks its research and production entering a mature phase. Coupled with its powerful computing capabilities and potential applications in AI and data centers, market expectations for the product's profitability have significantly increased, serving as a key driver of Nvidia's stock surge.
Reason3: Professional analysis alleviates concerns.
Semiconductor analysis firm-Semianalysis indicated that the supply chain adjustments related to the overheating issue were merely "minor modifications" with almost no effect on the chip's actual performance. This analysis helped the market move past excessive worries about Blackwell’s overheating issues, laying the groundwork for Nvidia to regain investor trust in the short term.
Reason4: Stock price retraces to strong support levels.
From a technical analysis perspective, the stock price moving in a bullish channel, recently retracing to an upward trend line and the 0.236 Fibonacci support level. This support has triggered a rise, indicating that previous movements were merely weak short-term corrections.
Under the combined influence of these favorable factors, Nvidia's stock jumped nearly 5% in a single day, not only boosting its own valuation but also uplifting the tech sector and the broader market. However, whether this upward trend can continue in the short term will depend on today's earnings report. For specific operational strategies, please refer to my last post : "NVIDIA Earnings Preview: Strategy Notes for Q3 Report."
NVDA earnings 11/20NVDA cycle target 225 , but it has run a lot and is in the 3rd cycle without a major pullback.
Congestion zone 137/153
Above 153 move is 165/181
Below 137 move is 133-121/116
This is still a range bound move and coming days it needs to decide power over 153 or puke below 121.
If straight run towards 225 without any major pullback , in coming year , I would look for some good correction in overall markets
NVIDIA DID WHAT I SHOWN IN PREVIOUS POSTNVIDIA come down and filled the gap which i told you already.Now what i am observing that is shown by yellow lines if you see it is following this two lines for JULY .So on the basis of this trand i can say that until it is broken NVIDIA will gradually go up following this two lines,And here mentioned supports and resistances at gann fann cross lines is my prediction only, It is my observation not buy/sell call.