Premarket ThoughtsInflation Rates, FOMC. NVDA up in the premarket along with other big chip names. Spotgamma shows us nearly above the Vol Trigger and Hedged Wall on SPY. Looks like today could be a mandate on Tech Long05:06by BestCentimeterPublished 1
NVDA looks bullish for this week!There is saying "When there is blood in the street, that is time to buy". We have had a nice price correction right as I predicted last week. Now the momentum looks positive in short term for the NVDA after a dip today. Targets are $112, $115 and in very good case $118-120. Longby MoneyJumperPublished 2
NVIDIA - Levels to Watch NVIDIA - NASDAQ:NVDA The chart demonstrates a pattern of rising parallel channels for durations of approx. 142 - 152 weeks followed by 36 - 46 week corrections. We are currently in a defined rising parallel channel and we are at week 92 of that bull trend, with a further 50 weeks probable based on the historic repeating timeframes. This does not guarantee a repeat timeframe of 142 - 152 weeks, but it does make it more probable. β οΈWhat to watch out for? β«οΈ Price breaching down and out of the short term parallel channel. This would be an initial warning. β«οΈ Price falling below the 50 SMA would be a confirmation of a trend shift to bearish (blue line). β«οΈ Otherwise, a roughly 142-152 month bull trend out to mid 2025 looks probable for now. Another option to consider is that we trend sideways for 36 - 44 weeks like we did from Jan - Oct 2018. This type of sideways movement could travel along the top of the long term parallel channel (in blue). Lets keep an eye on the short term parallel channel for that initial warning, otherwise happy trading the trend. You can come back here at anytime and press play and you will get the price updated in terms of the levels marked. PUKALongby PukaChartsPublished 13
Long 109 small Look daily chart 108.52 is support lots selling Look daily candle shorts came in covered daily stoch on bottom need turn up we still can drop past 100 day ma 103.13 As long that weekly heading down any rally will fail and that why we dropped past 50 day like I thought it would yes had help from Tesla. need that get bottom turn up on weekly stoch I am playing off daily stoch for swing long to 140 I see that daily stoch not turned up I am early with small shares Longby john12Updated 2225
AI over exhuasted... $97 price targetAn AI cool off is suggested until further research is done on current longer-term effects of AI and AI use. Price and trend are showing exhaustion at these levels post-Split. I have been in a short position since the 9th of July and profit targets have been hit already. true analysis of $97 Shortby Bmmcoo009Updated 18
Near a buy are for Nvidia stock - swing tradeIf price stay above the high volume hammer( bull candle), and the indicador bullBears_histogram turning in green area above zero, I will buy this stockLongby nuvemprafazertradeUpdated 5
NVDA short to $79-80I have a story on this one... I dowse stocks and was with a friend who's very intuitive last week. I talked to her a bit about the market & she brought up that there's something about the 12th. Well, that day, my dowsing gave me a date of the 12th when asking about QQQ. That was intriguing. Then she had a "vision" of some stock that was bright green and silver and had a square kind of logo. We pulled up a bunch of green logos & she picked NVDA's logo. She doesn't know the market, or stocks, but said something's up with that one. I've since dowsed on it and I get that it keeps going down including the "crash" option for it as well as on indexes, which, obviously is highly unusual. I have that it goes up only a couple more points. The readings say the indexes are going up decent the next couple days, so I would be surprised if it only goes up to around $115-16, but i'm just going to offer the levels I get for journaling purposes & it is what it is. Next, I'm getting it makes it's way to the $79-80 area. My friend said to watch $96 and we'll exit at $98 and definitely the date of 8/12 for a possible reversal. Be very aware of the date of 8/12 and possibly 8/14 on SPY. I'm wondering if these are the swing lows. That's it. We'll see.Shortby JenRzUpdated 116
Dip.. support bounce... bulls trapped...dipThe last 2 trading days prior to today have set up to what is showing to be a great buying opportunity or a wonderful bull trap. I am personally for the latter. Nvda is currently exposing the weakness AI field as we see this AI bubble looking like it is ready to pop. currently being shown in today's trading session we see that the Nasdaq ETF (QQQ) is up by almost 1% while NVDA is treading break even on today's trading session. Gas is being exhausted and I feel is currently running on fumes. The Continuation is seeming more probable by the day. Price Valuation: $97 Sentiment: holdShortby Bmmcoo009Updated 2220
Nvidia Tech stock Giant - bottomed out Nvidia stock has fallen from 140$ sharply over last 2 weeks reached good support / demand zone. Even last year stock fell similar way by 20% and rallied almost 70% upside. We can expect similar bounce back this year as well near 100$. I have marked the support zones with green arrow for easy reference (trendline support also available near by) Longby GRavi100Published 6
according to my calculations 97 seems to be itIt's been a turbulent two weeks, but I don't think it's correction time for one 8% down, not 10. although there has been price instability until the bottom close to the top of the number before reversing. Maybe goes down but more conservatively, until reversal has been identified, we will act.Shortby themoneyman80Published 3
NVIDIA (NVDA) | Over a Long Time, Technically An Opportunity!Hi, It's a bit hard to get in technically if the stocks are constantly making new higher highs without any certain pullbacks and NVIDIA was one of them. Now we have seen some red weeks and we have an opportunity where some criteria are matching with each other around $100. If you are still interested then it might be your chance. Good luck, VaidoLongby VaidoVeekPublished 9
NVDA HarmonicThis seemed pretty crazy when I drew it, but maybe? Could be going a lot lowerby Skyd0gPublished 1
Critical moment for NVDANvidia is closing in on its 20W moving average, which has been a key support point for the last 3 years. If we see NASDAQ:NVDA closing below it for more than a week, expect more downside. Chances of holding the moving average are still on the table; however, a massive RSI divergence can be observed on the weekly timeframe, which skews the probabilities to a breakdown. Be careful; it's the most crowded trade after all.Shortby zkdevPublished 113
Nvidia: SlumpedNvidia dropped below the support level of $115.01. This development is in line with our primary view that the price is currently working on the magenta wave (2). This wave should lead to further sell-offs. However, please note our alternative scenario (27%) which assumes a higher wave alt. (III) top.Shortby MarketIntelPublished 1
NVDIA Technical buy now but recovery may take a bit longer.Last time we analyzed NVDIA corporation (NVDA) we called for a sell and clearly noted that it was not the time to buy yet (July 03, see chart below): Our $110.00 downside Target got hit last week and as the price remains below the 1D MA50, it has entered an accumulation zone, which in the past has been very short-lived (April 19 2024, December 28 2022) and the price rebounded to a Higher High instantly or more long lasting (August 14 - October 31 2023). In any event, NVDA has completed more than a -23.00% decline from its All Time High, which is the normal correction within the 22-month Channel Up, so that constitutes a new long-term buy entry for us. Our Target, whether we get a quick rebound or a longer-term one, is $170 (a 'modest' 2.0 Fibonacci extension). On a side-note, the 1D RSI (black trend-line at the bottom of the chart) is also below the 40.00 mark, which within the Channel Up pattern has been the top of the long-term Buy Zone. Note also that only a break below the 1D MA200 (orange trend-line), constitutes a long-term bearish reversal. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShotPublished 6685
Nvidia possible >70% drop. 29/July/24NVDA price probably stalled at its long term trendline resistance (red), price could have "crashed" till 31 +/- where there is a multi confluence zone. P/s What Powell's "power speech' cause massive sell off on coming 1 August FOMC rate /statement ? by SteveTanPublished 6622
priceactiontds - weekly update - nvidia #6Good day and I hope you are well. Last time I talked about Nvidia was 2024-07-06 and Nvidia was at 125.8 and my targets were 117 first and later 100. Low was 106.3, so my last post was good for 9$ or 15%. Hope you made some. comment: My reading from 3 weeks ago was correct but market did another bounce in between to form a nice lower high double top. Yes, double tops can be slightly higher/lower and technically function as a double top. Why do you care if they are not perfect if the market is treating them the same way? The big round number 100 as a target remains and the current tight bear channel is decent enough to get us there. There is always the possibility of the pattern failing and market would break above the bear flag to test the highs again. Given the overall market weakness for the past 2 weeks I expect a bounce more than another strong leg down. Given that the upcoming week will have huge amount of big earnings, I think market will react to those and I am not in the business of forecasting earnings. So how does this information help with structuring a trade from the current price 113? Not much to be honest. Please red below bull/bear case. current market cycle: Most likely a trading range. The strong climactic bull trend is over and market is most likely in the process for forming a trading range at the highs. The argument that the big bull trend line, currently running at 100 is intact and therefore the bigger bull trend is still ongoing is valid. key levels: 100 - 140 bull case: Every bull who bought above 120 is underwater and since the ath was at 140, there a probably plenty. Market now dropped below 120 for the third time and if bulls can not strongly close above 120 soon again, they will give up for good buying high and will only buy pullbacks. Earnings end of August can be another surprise upwards but would you bet on another ath? Risky to say the least. Bulls need to keep the current bull gap, down to 96, open or the bull trend for sure is over and the upside around 140 limited, while the downside risk stays the same. bear case: Last time I wrote again that this stock will half again and the current 26% drop is a pretty good start. That's enough to burn all late bulls and they will not buy high again. That is why my preferred path is a bounce over the next 1-2 days but the bear flag will hold until market touches the 100$ target. If the bull flag breaks convincingly, I am wrong and bulls took control again and will most likely test above 130 again. The measured move target (orange line) is also around the weekly 20ema and the big round number 100. More than enough reasons to test that price. short term: Leaning slightly bearish but given the amount of earnings next week and that the overall market is due for a bigger bounce, more reasonable is to be neutral until you see strong momentum to either side. medium-long term: This stock will touch 100$ in 2024 again. current swing trade: Last time I said on the next weakness I'd short and my target 117 was good but market gave 106. No current position but will look for shorts above 130 again.by priceactiontdsPublished 2
The Dot-AI BubbleSpeculative bubbles excite traders and investors alike. NVDA is the absolute winner of the AI craze. Craze is the sentiment of the market cycle peak. After craze and euphoria, fear and denial will inevitably flood our minds. It is nothing more than the never-ending cycle of the economy. A simple line drawn on a chart spells the ultimate demise for speculation. NVDA is making all-time-highs. Its performance/momentum however is showing alarming signs of weakness. Beware. Not all is as it seems. The very nature of a Bubble is that it defies all measurable mathematics. NVDA wants more. It wants everything. Just like any other corporation would. For capitalism, more equals more. NVDA aims to swallow the entire money supply. Improbable as it may seem, physics theoretically allows that. Divergence is one of the most misunderstood concepts in analysis. Divergence is not describing a future weakness. It describes the current weakness. NVDA is moving so fast, that its bear market is itself growing exponentially. If NVDA is now moving slower now than it was in 2015-2018, how fast is it trying to go? NVDA remembers the explosiveness of that period, and is trying everything to repeat it. Prices and investors have memory. Both however forget the well-known saying. Past performance does not guarantee future performance. This is the Achilles' heel of prices. They promise what they cannot deliver. Price will reach as high as possible, for as long as there is a willing buyer to take the bait. For capitalism, more is better, at all costs. The ultimate cost will certainly be paid. The last buyer will be the last NVDA bear who will give-in the mania. And that will mark the end. Tread lightly, for this is hallowed ground. -Father Grigoriby akikostasUpdated 202061
NVDAOnly For Educational Purpose. Not Financial Advice. Expected Target Fib Levels.Shortby igenius2030Published 3
Nvidia - Short setup before earningsNice short setup going into earnings on Nvidia - Setup valid to take on Monday open since H&S pivot point held the price down and rejected on - friday. - Weekly & Monthly parabolic short confomation Continued fade likely given construction. Entry market order on Monday Stop loss on this one around $115.15 Target $106.85 Good luck traders! Shortby boddezinvestmentsPublished 7