#NVIDIA 27.9.2024 #NVIDIA 27.9.2024 Ep - 123.25 Sl - 110.96 Tp - 148.07 rrr - 2XLongby Khairil_Anuar8
Buy Trade Idea for Nvidia (NVDA) Description Nvidia (NVDA) remains one of the most prominent technology companies, driving innovation in graphics processing units (GPUs), artificial intelligence (AI), and data centers. Here are the key fundamentals supporting a buy trade for Nvidia: - **Leadership in AI:** Nvidia is a global leader in AI hardware and software solutions. Its GPUs are critical for AI research, machine learning applications, and large-scale data processing, making it a top player in a rapidly expanding market. - **Growing Demand for GPUs:** With the rise of gaming, virtual reality, and metaverse development, Nvidia’s GPUs continue to experience high demand across multiple sectors, reinforcing its dominant position in graphics technology. - **Expansion in Data Centers:** Nvidia’s increasing focus on data centers, driven by AI and cloud computing growth, provides a strong revenue stream, positioning the company for sustained long-term growth. - **Innovative Product Pipeline:** Nvidia consistently introduces new cutting-edge technologies, such as its next-generation GPUs and AI platforms, ensuring it remains at the forefront of tech innovation and maintains competitive advantages. Given these strong fundamentals and market dynamics, Nvidia presents a compelling buy opportunity for investors looking to capitalize on its continued growth and technological leadership. Disclaimer Investing in stocks involves significant risks, and past performance is not indicative of future results. This content is for informational purposes only and does not constitute financial advice. Always conduct thorough research, consider your financial goals, and consult with a professional financial advisor before making any investment decisions. Stock prices can be highly volatile, and investors should be prepared for potential fluctuations.Longby MoonTradingForecast4
Trade Reviews and approaching opportunitiesYou'll start to see a theme here with my trading - Identifying HTF algorithms and waiting for price to prove them. Yes, i've been leaning to the short side as that's what the charts have been showing me but same rules apply for long trades just backward. Will continue to share analysis like this going forward but I cannot stress enough how important it is to prepare for your trades - plan out what you will do if a certain thing happens - that's what keeps us from being straight gamblers in the market. Preparation. Hope this was helpful and as always, Happy Trading :)11:58by ReigningTrades5
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart if only if we have the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.Longby PAZINI1914
NVDA : scary line .... NVDA must need to break this wall decisively... otherwise pullback but this time should be shallow pullback maybe to 120s not much.by FibFun1
Skip and buy and sell chart based on BOTSThis chat includes a Slow stochastic with a a UT Bot notification Buy and Sell. It also includes an SKIP chart. by Rockstar_trade621
NVDA: 50% correction / XABCD short it 150 USD🔸Hello traders, today let's review the H4/candle NVDA price chart. Recently solid gains after we filled a massive gap near 100 USD, so a normal liquidity fueled bounce currently in progress. Having said that, that's where the good news end. Massively overvalued company due to AI hype / euphoria, this bubble will deflate soon, very limited upside. 🔸Setup is based on speculative XABCD structure, point X at 138, point A and 100, point B at 130, point C at 105 usd and finally point D/PRZ at 150 usd. Most points already confirmed, only D/PRZ pending. Gravity pull / massive open gap (on the right) will drag the prices down and we will drop to 70 usd handle. this is a 50% correction for NVDA. 🔸recommended strategy positiov traders: advanced SHORT/hold setup at point D 150 usd, TP bears is 100 USD TP1 / TP2 75 USD /open gap near 70 USD. keep in mind that this is advanced entry strategy for the bears. SL fixed at 165 USD. 50% correction incoming and it's best to prepare in advance. good luck, traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.Shortby ProjectSyndicate1919173
Again? NVIDA will experience another surge? Nvidia is forming another symmetrical triangle pattern. My answer for the topic is yes! First of all, it is moving in a bullish market overall speaking, so it probably will have a rally if it could break above the symmetrical triangle pattern. it indicates the end of this medium term pullback, and bulls will control the market next. of course, there are still some important resistance levels above the current price, so we will Continuously follow up, and see what gonna happen! Longby xugina781120
NVDA about to Break up on Inverse Head and Shoulder Pattern NVDA had reached a 10 % portfolio holding in the last month from retail traders compared to 5% average of previous months. The daily chart looks bullish and is setting up for Reverse Head and Shoulder break up. Swing trade target 191.Longby andyscappinimon7
Gap fill NASDAQ:NVDA gap fill at 125.36 as resistance. Could see this test tomorrow but coming close to end of contract dates. Good upward momentum following trend l Longby MasterBaiter015
NVDA break outabove $125.50NVDA - stock testing long term resistance trendline at $125.50. looking for a break out above that level. Stock had been in the chop zone for some time. Stock is strong on indicator level. above $125.50 we can see $130 and $145. by TheStockTraderHub4
Weekly Penant (Bullish?) On NvidiaLet's see what happens here - I think this and Meta leads the market higher NASDAQ:NVDA by longs4days2
NVIDIA (NVDA) - Bullish Momentum Fueled by AI RevolutionKey Fundamentals Supporting Bullish Bias: 1. Surging demand for AI chips driving record-breaking revenue growth 2. Launch of next-gen Blackwell architecture expected to outperform current offerings 3. Expanding market share in data center and cloud computing sectors 4. Strong cash flow and $50 billion share buyback program announced Utilizing Probabilities for Long Positions: As a trader, I'm leveraging probabilistic analysis to optimize my long entries on NVIDIA. By combining fundamental analysis with probabilistic technical analysis, I aim to capitalize on NVIDIA's bullish potential while managing risk effectively. 12M: 2W: 1H: What's your take on using probabilities in trading? Share your thoughts and experiences in the comments below! Let's discuss how this approach can enhance our trading strategies. Have a perfect trading week! 🚀 Longby Jasminex1x2Updated 4
Will $NVDA breakout?Nvidia is still among the top 1% of strongest momentum stocks though it has been facing some selling pressure since it topped out at 140 levels. Will be interesting to see NASDAQ:NVDA move if it breakout of triangle pattern. Longby VinothDevakumar118
Nvidia short NVidia at nearly hit the trend line and pull back expecting to hit 110 before move further highsby stocktwists2211
Analyzing NVIDIA’s with Fibonacci Retracement and TrendlineIntroduction In this post, we delve into the technical analysis of NVIDIA Corporation (NVDA) using key indicators such as Fibonacci retracement, trendlines, MACD, and OBV. This analysis aims to provide insights for traders on potential trading strategies based on current market conditions. Chart Analysis The daily timeframe chart for NVIDIA shows a Fibonacci retracement drawn from the recent high (100 level) to the low of the past 200 days (0 level). This retracement highlights key support and resistance levels that are crucial for understanding potential price movements. Trendline Resistance A descending trendline drawn from the recent high acts as a significant resistance level. The price has attempted to break this trendline twice but failed, indicating strong resistance. As the price approaches this trendline again, traders should be vigilant for potential breakout or rejection signals. MACD and OBV Insights The MACD applied on the On-Balance Volume (OBV) indicator suggests that the volume is in a consolidation phase. This indicates market indecision, likely influenced by global economic cues. The MACD’s momentum signals combined with OBV’s volume trends can provide valuable insights into the stock’s future direction. Trading Strategy Given the current setup, traders can consider the following strategies: Long Entry: Wait for a confirmed breakout above the trendline resistance. This could signal a bullish move, providing an opportunity for a long position. Short Entry: If the price gets rejected at the trendline and starts to move downwards, it could be a signal to enter a short position. Conclusion NVIDIA’s stock is at a critical juncture with the price nearing a significant resistance level. By combining Fibonacci retracement, trendline analysis, MACD, and OBV, traders can make informed decisions. Stay tuned for more updates and insights on TradingView! Feel free to share your thoughts and trading strategies in the comments below. Happy trading!by stocktechbot2
Options Trading PrimerTradingView has recently introduced the Options Strategy Builder, a powerful tool designed to help you learn the mechanics of options trading and create efficient strategies. In this video, I explain the basics of options trading and demonstrate how to use the Strategy Builder. This video is helpful for those who are new to options but wish to explore this area.Editors' picksEducation30:04by hermes_trisme1114
NVDA at $172.00???Disclaimer: Please note that this analysis is for educational purposes and is not a recommendation to buy or sell. I'm sharing a technical perspective based on chart patterns. Before making any investment decisions, it's always good to do your own analysis. Looking at the daily chart of NASDAQ:NVDA , we can see that the stock is about to break out of a symmetrical triangle . Basically, what's happening here is that the price is "squeezing" between support and resistance until the moment of breakout. And when that happens, we usually see a stronger move in the direction of the breakout. The target for this breakout is projected by measuring the vertical height of the triangle (the distance between the highest and lowest points of the pattern). We then add this value to the breakout point, which in the case of NVDA , gives us a target around $171.95 . So, if the breakout occurs, that's the range where we can expect the price to go. However, it's worth noting that symmetrical triangles aren't always the most reliable patterns. Many analysts point out that breakouts don't always result in strong or sustained moves. This is because the triangle can form during both consolidation phases and potential reversals, and it’s not always easy to determine which direction the price will go. Additionally, authors like Martin Pring in Technical Analysis Explained and Bulkowski highlight an important drawback: when the breakout occurs near the apex of the triangle (the final point of convergence), the resulting move tends to be weaker. This happens because, by that time, the buying or selling pressure may have already dissipated, which weakens the breakout. And this is exactly where NVDA is right now, which could make the breakout less powerful. What do you think? Do you believe NVDA’s breakout will be strong enough to reach the $171.95 target, or could the proximity to the triangle’s apex weaken the move? Let’s discuss your thoughts in the comments!by LuccasChartRoom1
NVIDIA's Bullish Channel Holds Strong: September 2024 ProgressNVIDIA Stock Analysis and Future Outlook: September 2024 Update Overview: NVIDIA (NVDA) continues to exhibit a robust upward trend, consistently trading within a rising channel. The stock's performance is supported by both strong technical signals and fundamental factors. NVIDIA has established itself as the leader in the AI hardware space, benefitting from surging demand for its GPUs across various industries such as data centers, gaming, and automotive. With a recent rally fueled by the conclusion of CEO Jensen Huang's planned stock sales, the outlook for NVDA remains bullish, although some short-term consolidation could be expected. Price Predictions: 1. Short-Term (Next 1-3 Months): - Given NVIDIA’s recent performance and the slight bearish crossover in the MACD, short-term consolidation is likely. The stock could pull back to test lower support levels near $120 or even $115, which are close to the moving averages and the lower boundary of the upward channel. This presents an opportunity for investors to enter positions at a potential discount. - However, any positive news related to AI advancements or product launches could trigger another leg higher, pushing the stock back above the $130 mark in the short term. A retest of the upper channel resistance near $135-$140 is also possible, depending on market sentiment. 2. Mid-Term (3-6 Months): - Over the next six months, NVIDIA's growth trajectory looks solid, bolstered by strong demand for its AI and gaming chips. Analysts expect the stock to retest its previous highs around $150-$160, particularly as NVIDIA continues to expand its market share in AI and gaming sectors. - Continued strength in its Data Center division, along with strategic partnerships in cloud computing and AI, could see the stock pushing towards $170-$180, assuming no major external shocks or macroeconomic downturns. 3. Long-Term (12-24 Months): - The long-term outlook for NVIDIA remains highly favorable. AI is expected to dominate various industries over the coming years, and NVIDIA is perfectly positioned to capitalize on this trend. Analysts have set price targets ranging from $200 to $250 over the next 18-24 months, contingent on the continued growth of its AI and Data Center businesses. - Longer-term projections could see the stock moving well beyond $250 if NVIDIA’s innovations, particularly in autonomous driving, cloud computing, and AI-powered enterprise solutions, continue to thrive. The recent advancements in sovereign AI and Blackwell chip production further reinforce this bullish outlook. Investment Strategies: 1. Short-Term Strategy: - Buy on Dips: Given the stock's long-term bullish trend but potential short-term consolidation, short-term traders might look for opportunities to buy on dips around $115-$120. This range aligns with technical support levels and offers a solid risk-reward ratio. - Watch Key Resistance Levels: If NVIDIA breaches $130 in the short term, momentum traders could look for further gains up to $135 or $140. However, caution is advised if the stock moves out of the channel or technical indicators suggest overbought conditions again. 2. Mid-Term Strategy: - Hold for AI Growth: Investors with a 6-12 month horizon might consider holding onto their positions, as NVIDIA is expected to benefit significantly from growth in AI, gaming, and cloud computing. NVIDIA's revenue from AI-related applications is forecasted to grow rapidly, which should support stock price appreciation over time. - Leverage AI Boom: Traders could focus on news surrounding NVIDIA’s AI applications, as new product announcements or partnerships in AI or autonomous driving could drive further upward price movements. 3. Long-Term Strategy: - Accumulate for Long-Term Growth: Long-term investors should consider accumulating shares, particularly during pullbacks, with the expectation of significant growth over the next two years. NVIDIA's fundamentals remain strong, and its dominance in AI hardware positions it for continued outperformance in the tech sector. - Diversify Risk: While the long-term outlook is positive, it's important to remain diversified. External risks like geopolitical tensions, regulatory changes, or economic slowdowns could affect NVIDIA’s growth trajectory. However, its current market leadership and innovation pipeline make it a strong candidate for long-term portfolios. Risks and Challenges: 1. Geopolitical Risks: NVIDIA faces potential risks related to U.S. export restrictions on chips to certain countries, which could impact its revenue from international markets. Although the company has mitigated some of these risks through market diversification, any increase in geopolitical tensions or sanctions could create short-term headwinds for the stock. 2. Valuation Concerns: As a high-growth stock, NVIDIA trades at a premium valuation. Any earnings misses or lower-than-expected guidance could result in a sharper-than-expected correction. Investors should keep an eye on quarterly reports and forward guidance. 3. Macro Environment: Broader economic conditions, such as rising interest rates or declining consumer confidence, could affect NVIDIA’s performance. While AI demand may provide some insulation from broader market swings, macroeconomic factors still play a role in overall market sentiment. Conclusion: NVIDIA remains a strong stock for both short-term traders and long-term investors. Its leadership in AI, impressive financial results, and continued innovation make it a compelling growth story. While short-term volatility may arise due to market sentiment or broader economic conditions, the long-term outlook is bullish. Investors should use pullbacks as potential buying opportunities and stay informed of major product launches or geopolitical developments that could impact the stock’s trajectory. has context menu by alfredomares20191
NVDA next possible buy spotNASDAQ:NVDA AMEX:SOXS NVDA is in an ascending triangle pattern (bullish) with cci not showing overbought on the 1hr, 4hr, and 1d. MACD signal is still above on the 4hr and daily. SOXS has recently broken downwards and retested the support turned resistance. This shows that we are headed towards a bullish momentum for NVDA. If I had to make a guess on what will happen next I think that it will go to 125. Either consolidating and breaking out upwards going ath or hit 125 and go back down to 105 - 110 (major support). This is all an assumption GL! also ive predicted the past 2 swings on my previous ideas.Longby pythonnnnUpdated 13
Nvidia corporation Nvidia witnessed a rebound after forming a higher low at 113.22$, to close at the last minor peak at 120.80$, which is the level that needs to be violated, to shift the trend to an uptrend on short-term basis, triggering further rises near 131.26 - 136.15 - 140.75. support1: 113.22$ - support2: 108.80$ - resistance1: 120.80$* - resistance 2: 124.70$ The stop-loss lies below 113.22$. the indicators are heading toward the positive side, which confirms the mentioned positive scenario. The information and publications are not intended to be or constitute any financial, investment, commercial, or other types of advice or recommendations provided.Longby Gehad_Abouelela10
Watchlist: NVDANVDA finally came up on my stock scanner, so I'm adding it to my watchlist. I got a setup signal(1). Looking to enter long near the close of the day if the stock can manage to close above the last candle highs(2) with a stop-loss below (3) and a price target above(4). Volume is slightly higher. "Trading is a game of probabilities. You don't have to be right every time. You just have to follow your rules."by StockHunter881
How To Read The 13 EMA CCIYesterday was a slow day on my end.I had a pack of crackers and some sweet milk, as I walked in town. A very hot day still.. as I was walking I ate my crackers and I didn't care what people thought of me.. Sometimes in the market once you make a decision to enter a trade as long as you understand your risk management it would be best if you tried to ignore the market noise and hold your position I recommended this buy about 8 Days ago..and as you know it didn't perform well but now look at it.. look at NASDAQ:NVDA It's broken even so imagine if you held your position from the time you saw my recommendation you would be proud of yourself and confident in your risk management skills. This is another buying opportunity for you Look at the CCI the price is still undervalued. This CCI is using the 13 EMA. In order for you to learn more Rocket boost this content. Disclaimer: Trading is risky please learn risk management and profit taking strategies.Longby lubosi4