NVDAwhats happening here, is the market structure we were currently on bullish mode till the structure decided to change the character so basically here on my technical analysis im seeing a clear version on this index here.
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NVDA trade ideas
NVDA is below the split lows and the daily 50 SMA.NASDAQ:NVDA confirmed the daily 50 SMA down today, following the NASDAQ:SMH last week. NASDAQ:NVDA also lost the split lows in similar fashion to NASDAQ:AVGO last week. The weakness in semiconductors contributed to the sell-off in technology names today, which provided an excellent opportunity for shorts. Watch for any gap ups in technology names to get sold off and confirm the previous day's lows, which will confirm the short for further trades to the downside, as we enter a seasonally weak time for technology.
Long NVDA for Possible 1.61 Blow Off NVDA has been down for a while and a lot of people are making much of the recent break lower.
However, corrections are known to be contained inside of two legs and topping patterns are known to false crash first and then head fake 1.61.
If NVDA is near a top, I think it's more in the 160 area than here.
Taking bets to reflect this.
NVDIA IN CORRECTIONAstrolgical events were very effective on stock course mentioned parallel to blue lines
Today one is repeated so expecting up move
Wave analysis we will have up move wave X TO 120-122 then down y wave to 88.1 which will close the gap
For discussion and observation not advise to buy or sell
LETS ANALYSE NVDA TOGETHERHI GUYS we saw this pair retest the last point on the support 105, It has since been buying from there . I am targeting 121 as the first tp and will enter more buys above 122 . Good luck and risk wisely.
BELOW ARE ONE OF MY ANALYSIS THAT CAME TRUE ON THIS PAIR
ADD MORE BUYSthis pair has just broke another resistance so we can buy more ... its going to go test that trend line where it broke for sell.risk wisely
NVIDIA's stock NVIDIA's stock has been skyrocketing, driven by the increasing demand for AI technology and high-performance computing solutions. However, recent market trends and technical analysis indicate that a substantial downturn could be on the horizon. The company's recent 10-for-1 stock split has made shares more affordable to retail investors, but it has also brought about increased volatility. The market has reacted favorably to the split, but the momentum may be decelerating.
Investors should exercise caution and contemplate the possibility of a pullback. It is essential to keep a close eye on the stock for potential profit-taking, especially in light of the recent stock split and the overall market dynamics.
~S.T
NVIDIA TO $90?There is a big volume divergence / selling going on on NVIDIA
Is there going to be a big dip to levels marked ahead of elections or a bounce from the trendline ?
Is NVDA parabola move over ?
comment below
Chart Pattern Analysis Of NVDA
The decreasing volume from K1 to K3 verified the short-term downtrend,
And it seems that the support is not strong enough to reverse the newly born downtrend.
It is likely that the following candles will test the support or even close below the support.
So, if I bought it earlier,
I will cut off all my long positions to avoid such risks.
If the following candles close below K2,
It is possible that the short-term downtrend will expand,
And another bear run starts from here.
The problem for the bull force is lacking enough demands.
If the following candles fall to find enough demands near the uptrend line or 0.382fib line,
It is still valuable to buy it there.
Major support testNVDA in a tradable spot here.
As Nasdaq is right on the high TF trend line, I'm looking at the two markets side by side and ready to play a movement from this zone especially tomorrow after PCE.
The markets are really breaking down down down, so I'd guess that tomorrow we'll see a structural breakdown. If PCE comes in good, I'm curious if it'll make much of a difference. But we'll see very soon.
NVIDIA Bounce off VWAP Lower Band Anchored at Last EarningsAfter bouncing off the lower VWAP band anchored on the last earnings report, I believe Nvidia has navigated through the worst. With the upcoming earnings rally, I anticipate Nvidia could reach 150 by late August.
Adding to this optimism, the pitchfork analysis on the uptrend further supports this view. The stock is currently aligned with the positive channel of the pitchfork, indicating a strong uptrend that could drive the price higher.
Overall, Nvidia remains in a sustained uptrend, which underscores the bullish outlook. The alignment with the pitchfork’s uptrend channel and the bounce from the VWAP band reinforce the potential for continued upward movement.
Key points to consider:
VWAP Bounce: The recent bounce off the lower VWAP band signals potential support and recovery.
Earnings Rally: Positive earnings could provide a catalyst for upward momentum.
Pitchfork Analysis: The stock’s alignment with the pitchfork’s uptrend channel suggests continued bullish movement.
Overall Uptrend: The stock remains in a broader uptrend, supporting a positive longer-term outlook.
NVDA BUY or SELL guranteed levels. Using TPO / Masonic degrees / Numerology you can see what to do depending on a confirmed rejection of that yellow & white line or a confirmed cross over the level. Wait on a confirmation before entry.
i.Wish $NVDA drops to the 100 zoneI slowly accumulate the 120c exp 09.20 to trade its upcoming earning report.
Despite the **U.S. export ban** on advanced chips, it seems that dozens of chip-smugglers have been doing their best James Bond impressions, slipping NVIDIA AI GPUs into China through an underground network. 🕵️♂️
- These chips, like the **NVIDIA A100 GPUs**, have been making their way across borders, often via couriers who casually stash them in their backpacks. Picture a Chinese student nonchalantly ferrying six A100 GPUs from Singapore to China—probably humming a tune while doing so. 🎒
- Now, the interesting part: The student reportedly received about **$100 for each GPU**. That's a steal considering their actual market value! But hey, I guess when you're smuggling GPUs, you're not exactly aiming for retail prices. 🤷♂️
- Here's the twist: While the U.S. restricts the export of these chips to China, other countries (like Singapore) don't have the same restrictions. So, once the chips leave U.S. soil, it's like they slip on an invisibility cloak. 🌎
- These China-based sellers aren't exactly hiding in the shadows either. Some of them can be found at brick-and-mortar electronics shops in places like the **Huaquiangbei electronics market** in Shenzhen. Imagine a secret handshake, but with GPUs. 🤝
- Now, NVIDIA—the tech wizard behind these chips—has been singing a different tune. They've repeatedly claimed they're complying with all U.S. export restrictions. But hey, even wizards can't control every spell once it's out of their wand. 🧙♂️
- And it's not just NVIDIA. **TikTok's parent company, ByteDance**, has been renting NVIDIA chips through Oracle within U.S. borders. It's like they're throwing a covert AI party right under Uncle Sam's nose. 🎉
So, there you have it: a high-tech game of cat and mouse, where chips slip through borders, students moonlight as GPU couriers, and the world of AI keeps evolving. 🚀
By the way, which side are you on—the smugglers or the rule-makers? Or maybe you're just here for the popcorn? 🍿
Source: Conversation with Copilot, 7/25/2024
(1) Nvidia AI GPUs Are Flowing Into China Through Underground Network. www.pcmag.com
(2) Exclusive-China acquired recently banned Nvidia chips in Super ... - Yahoo. www.yahoo.com
(3) Report: China Is Still Buying Nvidia GPUs Despite Sanctions. www.extremetech.com
(4) China acquired recently banned Nvidia chips in Super Micro, Dell .... www.asahi.com
(5) China illegally acquired sanctioned NVIDIA AI chips using ... - Firstpost. www.firstpost.com
Next target to $140 - Keep addingAs shown in the chart, we have strong support at $117. NVIDIA has demonstrated solid fundamentals recently, making it likely to bounce to $140 (first target).
NVIDIA is a highly volatile stock due to significant investor interest, presenting a long-term investment opportunity at this level. The company has many plans for the future and has consistently delivered on its past promises.
This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock.
Thank you.
NVDA is now a SHORTNVDA is a very clean short to 112 and 110.
We can see that previous support became resistance.
Now we can expect to go lower to the next support.
Target Hit in the premarket low of $111.52Yes, we came within 19 cents of $111.33 which was my target....but if we can manage to rally now we retain the ability to make one more high as outlined in purple in the weeks to come.
However, if we fail to develop a 5-wave micro impulsive pattern from the premarket low of $111.52 or even fail to rally, and continue to subdivide lower and eventually breach $104.30, then this will constitute a confirmed top for primary wave 3 as depicted below.
NVDA approaching bottom of channelNVDA approaching bottom of channel. This analysis is for informational purposes only.
Rising channel NVDANVDA looks to be range bound within a rising channel since November 2023. Bounced off the channel top on June 18th and has been heading downwards for the past 10 days. A break of this channel to the upside or downside would indicate significant bullish or bearish momentum. I'll keep on eye on this channel and update as it progresses.
NVDA April 26, 2024: An Attempt to Resume the UptrendOn April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19.
Looking closer at the daily chart we can see that the resistance is at the same level with both MA-20, MA-50, therefore this is a key level challenging the market next week.
I started to buy a pilot position in NASDAQ:NVDA around the close of April 26. Reasons:
Crossed up MA-20
Crossed up MA-50
Crossed up the small trendline (yellow line on the chart)
This happened before the NASDAQ:NDX did so as described above.
nvda analysischeck out this elliot waves and use of fibs and charting patterns etc nvda analysis is spot and big company... blah blah
ExhaustedIn this year we have risen by almost 150 %. Since May alone we've gained over 40 %.
In my taste this is to fast and needs a correction in the next time.
One friend had claimed recently that the marked will not follow my taste. He is right. But the market will not follow the chart as well. That's why we work with stop loss orders.
Taste or feeling is a matter of experience as like the interpretation of charts.
A few decisions based on the shadow of the 116The pivot points from support & resistance have been bouncing off these clear areas for a while since the split, but I do see something exciting and that is the Bollinger band being on the last cycle on 111 if 116 breaks, this could be the next test unless 116 doesn't crack and 130 is still on the cards.
