$114 before ascension?As we can see here we should tap $114 before ascending higher into the current bull trend. We did tap $118 a few days ago so that MAY have been a bounce - but if you're still not long on NVDA I would take $114 as a solid long entry. Longby The_GainsPublished 1
NVDA Ascending Wedge BreakNVDA had a hard rejection around $140 and has been a lot weaker after breaking its uptrend, but it is still holding the $123 area for now. If price breaks below the $118 area, we could end up seeing a much larger move down. However, as long as it is above $123 I wouldn't short it, and probably wouldn't short it anyway. I'm just using it for broader market analysis because of the market cap.Shortby AdvancedPlaysPublished 5
The TradingView Show: Breakout Charts with TradeStationWatch our latest episode of The TradingView Show and dive deep into the markets with TradeStation and their Head of Strategy. We examine breakout charts, significant money movements, and invaluable educational insights for traders of all levels. For daily charts and research, visit the TradeStation profile on TradingView, where they share scripts and engaging charts. They're also a connected broker allowing for instant connectivity between TradeStation and TradingView. See the official TradeStation broker profile here: www.tradingview.com The TradingView Show occurs monthly, focusing exclusively on market education and welcoming traders of all backgrounds. Each episode dives into a variety of topics, including equities, AI, crypto, gold, forex, and more, offering a comprehensive roundup of market trends and developments that are capturing traders' attention. Please note, the TradingView Show is dedicated solely to education, offering valuable insights and lessons for traders at every stage of their journey. It is important to emphasize that the show does not provide financial advice or recommendations; its primary goal is to enhance trader knowledge and understanding through educational content, including TradingView tips, scripts, charting techniques, and social networking. For more, please check out the compliance and disclaimers links below: 1. Important information: www.tradestation.com 2. Disclosure options: www.theocc.com 3. ETF prospectus page: www.tradestation.com Thanks for watching! We'll see you at our next show.Editors' picks01:00:25by TradingViewPublished 55200
NVIDIA Corporation _ Short _ Distribution. NVIDIA Corporation _ Short _ Distribution. Not going to write the data for this as it's clear where will be heading before a major drop! Distribution price: $134.94. Prepare for descending! Shortby Skill-Knowledge-ConductPublished 2
Pending long NVDA on 76 retracement.I thought NVDA would stop a little over 1,000 at the most. It's looking like it has more legs. I've not yet fully reviewed next upside levels if we continue (They could be significant if the blow off thesis plays out) but for now I'll see if I can pick up a 76 trade into a head fake low, move stops to even and reassess if that works. Longby holeyprofitPublished 4
Is our circle B wave is done yet?We really cannot say we have confirmation we're in a circle c-wave until we breach the circle a-wave low. So I will repeat, we have the minimum waves in place to consider circle b done...and could begin our circle c-wave descent. However, nothing states we cannot get back into our target box for a more complex circle b. The fact remains we also have purple wave 4 that is still valid until we breach $104.30. It is my opinion Nvidia has struck a local top but as the days and weeks progress, we'll get confirmation of whether that top was a local top, or what I believe to be a primary top, and that top would last many months to potentially a couple years.by maikischPublished 5
$NVDA - Bullish and bearish at the same time?Staying in the bullish channel of a downward trend, last 3 days candles look bearish. Down pre-market. Will we see $80 again before the end of the year or $200? I have no idea. Going short on this feels riskier than it's worth. Going long at the top also feels wrong. Waiting for it to shake out. Not trade adviceby mike-ai-automationPublished 1
NVDA week of July05Holds 123 calls work Above 125 - July05 130C Below 120 - July 05 110 p , 100pby nkr628Published 2
NVIDIA selling pressure - market correction inboundThe current passive indexes are largely being determined by a small number of tech stocks. NVIDIA being one of (and occasion the) largest stocks in the sector. Incredible run for the first half of the year, second half I believe will offer incredible buy areas so long as we don't enter armageddon. I'm identifying these key areas based on price gaps in the market, my thesis is that the market eventually corrects these gaps and they severe as significant demand areas for institutional investors. My first target for a small purchase would be just under $100 as highlighted on the chart. My second target is a deep retracement into the $67-$70 area where I would be entering on much larger size. If this plays out, we can expect the passive indexes where this is a primary constituent to reverse much of the upside momentum we saw in the first half of the year. Do not ignore that directors and the CEO of the company are current selling large amount of shares in the company. Market participant complacency of this fact is intriguing to say the least.Longby dmchardy98Updated 0
NVDA / Nvidia - AI Stock Idea I.hello guys, Yearly: Bullish Q: Bullish M: Slightly Bearish - Stochastic bearish divergence. close below middle line. 125 - 117 are the levels to watch. Up is 140 - 146, down 90 - 82 3D : Trend is clearly Up. Waiting for a retest of the grey zone on low volume and a reversal to the upside. Thanks for reading! by MeruEUPublished 3
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 Cambridge7Published 7
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 MonstralianPublished 8
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 bi0h4z4rd84Published 2
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 TheDBombPublished 1
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 AdvancedPlaysPublished 1
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 wasif87Published 6
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 quietbullPublished 113
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-InsightsPublished 111
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 RossCFC88Published 111
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 quietbullPublished 3