NVDA Update Are We heading to 152 ? Update on NVDA
It appears based on what I am currently see that we are heading up from here so please be mindful if you are making a trade on NVDA
Trade What You See
Mindbloome Trading/ Kris
NVDA trade ideas
Elliott Wave View Expects NVDA (Nvidia)To Extend HigherShort Term Elliott Wave View in NVDA (Nvidia) suggests further upside in daily bullish sequence. It is trading in bullish weekly sequence at all time high and expect continuation against August-2024 low. In 4-Hour, it placed (1) at $131.26 high and (2) correction at $100.95 low. Above there, it favors upside in (3) of impulse sequence. It placed 1 of (3) at $120.79 high, 2 at $112.78 low, 3 at $144.50 high and 4 at $132.11 low. Currently, it favors upside in 5 of (3) from 31-October low and expect one more push higher to finish it, while dips remain above $143.57 low.
Above $132.11 low, it placed ((i)) of 5 at $139.99 high, ((ii)) at $135.35 low, ((iii)) at $149.95 high and ((iv)) at 143.57 low as double correction. Within ((iv)), it placed (w) at $146.26 low, (x) at $148.85 high and (y) as ((iv)) ended at $143.57 low. Above ((iv)) low, it favors pullback in (ii), while placed (i) at $146.49 high and expect continuation in ((v)), which confirm above $149.95 high. It expects ((v)) to extend towards $151.47 – $153.90 area as minimum extension to finish (3) started from 6-September low. Alternatively, if it breaks below $143.57 low, it should extend ((iv)) before resuming higher in ((v)) to finish (3). Later, it should pullback in (4) in 3, 7 or 11 swings sequence and buyers expect to enter again from extreme areas to resume daily bullish sequence. Alternatively, if it extends higher and erase the momentum divergence, then it should turn out to be nest in (3) and see more upside.
Nvidia Daily UpdateNvidia Daily Update – We’ve broken out of a triangle pattern, and now the market is pulling back. If we see a breakout from the top of this pullback, it could present a strong entry point. My projected target for this move is the green level. Let’s keep a close watch on this setup!
Key Factor : Analysis Nvidia Today
1/7 NVIDIA ( NASDAQ:NVDA ) projects Q4 revenue of $37-39B with EPS of $0.87, reflecting robust growth driven by consistently increasing demand for AI chips. The company continues to demonstrate strong financial performance 📈
2/7 UBS has raised their price target to $185, reflecting a bullish outlook on the company's growth trajectory, particularly in the AI accelerators market. This upgrade signals strong institutional confidence 🎯
3/7 Similarly, Piper Sandler boosted their price target from $140 to $175 while maintaining an Overweight rating. The consensus among analysts remains predominantly positive regarding NVIDIA's growth potential 📊
4/7 The stock reached a new record high of $148.88, bolstered by:
- Addition to the Dow Jones Industrial Average
- Strong market sentiment
- Continued dominance in AI accelerators
- Impressive earnings projections 🚀
5/7 Analyst price targets range from $90 to $200, with a majority maintaining "Buy" ratings. This wide range reflects both the stock's potential upside and the market's varying growth expectations 📝
6/7 Key Growth Drivers:
- Expanding AI market demand
- Leadership in GPU technology
- Strategic position in data center solutions
- Robust financial performance
- Institutional investor confidence 💪
7/7 Conclusion: NVIDIA maintains its strong leadership in the AI chip market with continued growth potential from increasing demand. While the stock price has seen significant appreciation, analysts remain optimistic about long-term growth prospects, supported by strong fundamentals and market position 🎯
#NVDA #StockAnalysis #AIStocks #Investment #WallStreet
Would you like me to elaborate on any specific aspect of this analysis?
NVIDIA (NVDA) Ready for Next Move? | Scalping & Swing Trade TAOverview: NVIDIA has been consolidating after a strong uptrend, currently trading around the $145 zone. This could be a pivotal area for both scalpers and swing traders.
Scalping: Look for a potential bounce around $144-$145 for quick plays. Watch for resistance at $148-$150 for potential profit-taking.
Swing: If NVDA breaks above $150 with volume, it could test $153 or higher. Otherwise, a pullback to $140 may offer another entry.
Disclaimer: This is not financial advice; please trade responsibly.
NVIDIA at a Crossroads: $141 Dip or $155 Push?Alright, trading family, let’s break down NVIDIA. Here’s the game plan:
1️⃣ If we break below $144, we could see a dip to $142, maybe even $141 before looking for a bounce.
2️⃣ If the market pushes up from here, the next target is $153–$155. That’s the zone to watch for momentum to keep rolling.
Stay calm, trade what you see, and let NVIDIA show you the way. Whether it’s a dip or a pop, there’s always a wave to catch.
Mindbloome Trading/ Kris
Nvidia Nvidia seems to be in its distribution phase.
So the top might be in.
End of 2026 could be the time to buy.
NFA.
Still counting this advance as an irregular (B) waveI have long stated that the upcoming earnings catalyst will develop into a sell event. When I last updated I was anticipating an incremental new high and possible double top for intermediate (B) into the confluence area of the larger and shorter term 100.0% fibonacci extension areas.
Although we have exceeded that area for a double top, we're still in the target box I had included on the chart. With the markets acting somewhat parabolic to the upside, I think it says volumes that the AI standard bearer has only marginally benefitted.
Next Wednesday will certainly be interesting. I am expecting price to make it's way down closer to $100 area...if not, then my alternative purple count is playing out and complete the larger wave I for a long term top in Nvidia.
Best to all,
Chris
A New Peak: NVIDIA’s Next Leg Up NASDAQ:NVDA The never ending fire pit.
Weekly bullish expansive and engulfing bar printed on last weekly candle closing above previous highs and making a new ALL TIME HIGH. Lots of strength as price seems to keep on giving.
Bullish time at mode trend has just been confirmed:
- Expiry is set for the end of November
- Targets of $154 and $170's at first.
- Entry dcd on a retrace toward low $140's to high $130's
Top 5 Weekly Trade Ideas #1 - NVDA LongNVDA is retesting a previous ATH now, I think it's important for bulls to hold it here. If it breaks, I'd expect a move down to the fill the gap around $140. If bulls can hold it, it should be a good long for a move back up to ATH at least.
Pretty good risk reward in this area, wouldn't want to be caught on the wrong side of it when it picks a direction.
Nvidia Bearish again! [S2]----------------------------------------------------------------------------------------------
***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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I called the top last time, and now I call it again. Last time we hit TP1 and going towards TP2 but then the election interfered. Now lets see what will happen!
Nvidia is bearish once again, the TA remains the same. Got some bear flags showing along with bearish divergences. Also some custom indicators are pointing down as well.
Nvidia pumped and made a new high thanks to Donald J. Trump.
But I believe the FOMO in the market caused from the election is weaning down plus TA is point down too we should see a decent dump.
$146.50-$148.50
TP1: $142.93
TP2: $134.65
TP3: $131.75
Tight Stop Loss: $149.50
Good Stop Loss: $151.25
Loose Stop Loss:$154.50
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***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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NVIDIA (NVDA) Technical Outlook - Momentum Slows After RallyOverview: NVIDIA (NVDA) has been on a steady uptrend but appears to be entering a phase of consolidation after reaching recent highs. The 1-hour chart shows that the price is currently trading within an ascending channel, with potential signs of slowing momentum. Here’s a breakdown of key levels and indicators to watch as we assess possible short-term and swing trade opportunities.
Key Levels:
Resistance: $149.95 (recent high)
Support: $139.86 (near-term support), $135.33, $132.11 (stronger support levels below)
Price Action & Indicators:
Trend: The price remains within an ascending channel, suggesting continued bullish sentiment. However, the slope has slightly decreased, which might signal an upcoming period of consolidation or retracement.
Moving Averages: NVDA is trading above the EMA 9 and EMA 21, indicating short-term bullish momentum. A break below these EMAs would suggest caution for further downside.
MACD: The MACD histogram shows declining momentum, with a potential bearish crossover if sellers gain strength. This suggests a possible cooling-off period before the next major move.
Scalping Strategy:
For scalpers, watch for quick reactions around the support at $139.86. If NVDA holds above this level, look for intraday long entries, targeting a re-test of the recent high around $149. For downside scalps, a break below the $139 level could lead to a short-term move toward $135.
Swing Trade Outlook:
Swing traders should monitor the ascending channel’s lower boundary. As long as NVDA remains within this structure, the longer-term uptrend remains intact. However, a close below $135.33 could signal the beginning of a deeper correction, potentially testing $132.
Disclaimer: This is not financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
NVIDIA breakout to 190$After a 65$ price surge from April to June, NVIDIA was experiencing some consolidation in the range of 140S to 90$. The price broke out of this consolidation zone which formed a symmetric triangle pattern in mid October.
The next target price for NVIDIA is 65$ up from breakout point at 125$, which makes the price target of 190$. This target level coincides with Fibonacci extension level of 2.
We expect some resistance and sell off at this level, however, the company has huge potential and will probably break 190$ level after some consolidation.
HAVE YOU SEEN TOMORROW'S HIGH OF NVIDIA CORPIt is reacted my previous resistsnce level i am so glad to inform you all,However it is not first time when i saw reaction even i am feelling happy sharing this post.
thankyou all who are encouraging me your likes always tend me to do more R&D.here i mentioned best support levels for this retracemet.
nvda daily analysis, shortshowing sings of rejection at the projected resistance, shorting small position here and waiting for a daily confirmation
Buy Nvda at 117 region after a gap doownTaking a slight small risk to buy NVDA after gap down on better than expected result
NVIDIA COP UPDATE---LOOKING NEAR RESISTANCEThis taken support to neckline of inverse head and soulder thereafter following trend looking near resistance be carefull and i would like to inform you that resistance at 149 now shifted to 152.
NVDA on the Rise: Key Levels and Insights for Potential GainsTechnical Analysis for NVDA (November 8, 2024)
The recent rally in the stock market has provided NVDA with a strong upward momentum. Looking at the 1-hour chart, let's break down some critical levels and indicators that might help guide your trading decisions for tomorrow.
Key Observations:
Trend and Momentum:
NVDA is trending upward with the price staying consistently above both short-term (15 EMA) and medium-term (likely the 50 EMA) exponential moving averages. This alignment of EMAs is a positive signal, showing that bulls have control and momentum is on NVDA’s side.
Volume is relatively strong, indicating sustained interest in this upward movement. However, watch for volume to confirm breakouts or reversals.
Price Levels to Watch:
Resistance: The immediate resistance lies near $149.50 (current ask level). Breaking through this with high volume could signal further upside, possibly pushing toward $152-$154, where historical resistance could come into play.
Support Levels: Immediate support lies around $139.86, followed by a stronger level around $135.30. These levels might act as a bounce point if the price pulls back. If NVDA falls below $135, it could potentially retest the lower $132 range, which was the recent low.
MACD and Momentum Indicators:
The MACD histogram shows fading momentum, suggesting potential consolidation or a mild pullback. If the MACD lines cross down, this could be an early signal for a short-term correction.
However, if momentum picks up, this would support a continued bullish run, especially if it’s accompanied by an increase in volume.
Price Action Strategy:
Bullish Scenario: If NVDA breaks above the $149.50 resistance with strong volume, this could lead to a potential rally toward $152 and beyond. Entering on a pullback after a breakout could offer a safer entry with reduced risk.
Bearish Scenario: If NVDA drops below the $139.86 support, it might signal a short-term pullback, potentially providing a buying opportunity near $135.30 if bullish sentiment remains strong.
Suggested Approach:
For Bulls: Look for a breakout above $149.50 with volume confirmation for a potential continuation play.
For Bears: Watch for a failure at $149.50 or a break below $139.86 as signs of a potential pullback, which could provide buying opportunities at lower levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult a financial advisor before making investment decisions.
NVDA Set to Make Waves: Big Levels Ahead!Update:
Good morning, trading family. Here to break this down nice and easy for you. Let’s ride the NVDA waves together:
1️⃣ First scenario: NVDA climbs to $154–$156. From there, it could either break higher or pull back to $150, maybe lower. Watch for a bounce if it dips.
2️⃣ Second scenario: A move to $168 is on the table, but expect a pullback to $164 before the next push higher. If the pullback goes deeper, it’s just a chance to reset.
3️⃣ Third scenario: If NVDA powers through all those levels, $179 is next, with a potential correction back to $168 along the way.
Mindbloome Trading/ Kris
Trade What You See
Will NVDA keep pushing HigherNVDA bounced nicely off a key resistance level leading me to believe we will continue to trend higher.
NVDA - Next Wave UpThe 3 wave correction was actually done quite a while ago, but with S&P which leads the Nasdaq hitting the 1.618 it wasn't clear.
Now it is appears to be fully breaking out having made a re-test with S&P pumping beyond the 1.618.
Its not impossible that it could re-test here but I somewhat favour it moving on up here.
Either way it looks like the next major uptrend has begun.
Not advice.
NVDA Today Nov. 7, 2024Key Levels
Support Levels:
$139.91: This level has shown recent support and could act as a strong base if NVDA retraces.
$135.32: Lower support level, which could become a key area if there’s a larger pullback.
$132.04 - $132.11: Major support zone that held in previous sessions, which would be crucial to monitor if the stock drops significantly.
Resistance Levels:
$146.49: This appears to be an immediate resistance level around the high.
$150 (psychological): Often a round number like this acts as psychological resistance if NVDA rallies past recent highs.
Price Action
NVDA has been in a steady uptrend after breaking out of a downward trend, moving into a higher consolidation range. The current setup indicates:
Rising Channel: The price is moving within a rising channel, showing a bullish trend. A breakout above or below this channel could signal either a continuation or reversal.
Volume Profile: Volume has been increasing on green candles, indicating strong buying interest. This confirms bullish momentum.
MACD: Shows near overbought levels suggests NVDA may experience short-term consolidation or minor pullback before another potential move up.
Trading Strategy
Bullish Bias:
If NVDA breaks above the $146.50 resistance with volume, it could signal a continuation of the uptrend. Consider a long position targeting $150.
Consolidation or Pullback:
If NVDA fails to break above $146.50 and retraces, look for support around $139.91 for potential entries.
Downside Risk:
A break below $135.32 might indicate a bearish reversal, with possible retest of the $132 zone.
mY Thoughts
NVDA’s trend remains bullish with a solid support base and strong volume. However, short-term resistance around $146.50 should be monitored closely for breakout or reversal signals.
Disclaimer: This analysis is for educational purposes and does not constitute financial advice. Always conduct thorough research or consult a financial advisor before trading.
