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 PAZINI19Published 13
NVDA future outlook maybe? (Not Financial Advice) NASDAQ:NVDA From a chart pattern point-of-view, NVDA may be pulling off a massive cup-and-handle structure. Just my opinion. I cant predict the market. Not financial advice.Longby Tienn123Published 7
Bull just getting started again!!!Buy as much as you can here, and tell me in 5 years if ya did any goodLongby azdevilPublished 7
NVIDIA's Stock Surge 4% today: A Deep DiveNVIDIA Corporation (NASDAQ: NASDAQ:NVDA ) witnessed a significant surge of 4% today, driven by a groundbreaking partnership with Alibaba Group Holdings Ltd. ( NYSE:BABA ) aimed at advancing artificial intelligence (AI) and autonomous driving technologies. This collaboration marks a pivotal moment for NVIDIA (NASDAQ: NASDAQ:NVDA ) as it capitalizes on the relentless innovation in the AI sector, which analysts predict will sustain demand for AI chips in the coming years. The Story According to CFRA Research analyst Angelo Zino, the AI computing paradigm is gaining momentum, and major cloud service providers are ramping up investments to avoid falling behind. Zino's insights reflect the broader market sentiment, emphasizing that the growth in AI chip demand will likely be exponential. He stated, “Lack of monetization won't keep hyperscalers from investing in artificial intelligence,” underscoring that robust cloud and digital ad spending will continue to fuel this demand. NVIDIA (NASDAQ: NASDAQ:NVDA ) remains one of Zino's top picks among AI chipmakers, alongside Broadcom (AVGO) and Marvell Technology (MRVL). His price target for NVIDIA is set at $139, suggesting considerable upside potential. This bullish outlook is further supported by NVIDIA's impressive data center revenue growth, which soared by 154% year-over-year to $26 billion, driven by strong demand for Hopper GPU computing and networking solutions. Adding to this positive narrative, NVIDIA CEO Jensen Huang recently completed a significant trading plan, selling 6 million shares but retaining his position as the largest individual owner of NVIDIA stock. This move may reflect confidence in the company's long-term prospects, despite short-term trading activities. Technological Advancements: The HMAX AI Solution The recent launch of Hitachi Rail's HMAX (Hyper Mobility Asset Expert) AI solution, powered by NVIDIA technology, further highlights the company's pivotal role in optimizing transport operations. This all-in-one digital asset management platform leverages AI to enhance asset performance and streamline operations for transport operators. By combining live data collection with advanced AI tools, HMAX allows for real-time processing, significantly reducing the time needed to analyze data and generate actionable insights. Technical Outlook As of the latest trading session, NASDAQ:NVDA is up 3.48%, with a moderate Relative Strength Index (RSI) of 54, indicating potential for further growth. The stock has recently experienced volatility, oscillating within the $100 to $120 range. However, if NASDAQ:NVDA manages to hold above critical support levels, particularly the $111 mark, it may set the stage for a bullish breakout. Investors should watch for key price movements in the coming days. If the stock consolidates and successfully bridges the support of $111, it could dip to the one-month low support before gaining momentum toward new highs. This technical setup suggests that there may be ample room for upside movement as the market digests the implications of NVIDIA’s strategic partnerships and ongoing innovation in AI technologies. Conclusion In summary, NVIDIA's recent partnership with Alibaba positions it favorably in the rapidly evolving AI landscape, supported by strong fundamental growth and innovative technological advancements. Coupled with a robust technical outlook, NASDAQ:NVDA stock appears well-poised for future gains. As the demand for AI computing continues to rise, NVIDIA's role as a market leader is likely to solidify, making it an attractive investment opportunity for those looking to capitalize on the AI revolution.Longby DEXWireNewsPublished 8
Large Bull Run potetially SoonShowing a Triangle in the 1 and 3 month chart with a potential to reach ATH. Fingers crossed on this..Longby chico4artPublished 19
NVDA, long, Entry: 116.96, Stop: 115.56, Timeframe: 4h**Trade Type:** long **Ticker:** NVDA **Entry Price:** 116.96 **Stop Loss:** 115.56 **Take Profit 1:** 118.63 **Take Profit 2:** 119.64 **Risk/Reward Ratio:** 1.85 **Timeframe:** 4h Longby shayy110Published 5
[NVDA] Waiting for the right catalystInteresting to see how NASDAQ:NVDA is silently trying to form an inverted H&S, just need the right momentum to complete the pattern. Until then, wait & see....by fluckiluckPublished 4
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 $50 billion share buyback program announced Utilizing Probabilities for Long Positions: As a trader, I'm leveraging probabilistic analysis to optimize my long entries on NVIDIA. By combining fundamental analysis with probabilistic technical analysis, I aim to capitalize on NVIDIA's bullish potential while managing risk effectively. 12M: 2W: 1H: What's your take on using probabilities in trading? Share your thoughts and experiences in the comments below! Let's discuss how this approach can enhance our trading strategies. Have a perfect trading week! 🚀 Longby Jasminex1x2Updated 4
NVDA next possible buy spotNASDAQ:NVDA AMEX:SOXS NVDA is in an ascending triangle pattern (bullish) with cci not showing overbought on the 1hr, 4hr, and 1d. MACD signal is still above on the 4hr and daily. SOXS has recently broken downwards and retested the support turned resistance. This shows that we are headed towards a bullish momentum for NVDA. If I had to make a guess on what will happen next I think that it will go to 125. Either consolidating and breaking out upwards going ath or hit 125 and go back down to 105 - 110 (major support). This is all an assumption GL! also ive predicted the past 2 swings on my previous ideas.Longby pythonnnnUpdated 13
NVDA Symmetrical Triangle NVDA trading in Symmetrical Triangle Pattern. Looking for an eventual breakout and retest of 140Longby kasimps1991Published 6
Semis may be ready to surge.NASDAQ:NVDA has reclaimed most daily supply and may trade into the earnings high if it can reclaim this week's range. NASDAQ:SMH has similarly reclaimed the daily 50 SMA and will go higher upon confirmation of the daily 100 SMA supply. Higher prices in semiconductors, such NASDAQ:AVGO as well, may help NASDAQ:QQQ follow AMEX:SPY to a new all-time high. Longby DMT_DoctorUpdated 118
Nvidia corporation Nvidia witnessed a rebound after forming a higher low at 113.22$, 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_AbouelelaPublished 9
Could a new record high be coming for NVIDIA Corporation (NVDA) Could a new record high be coming for NVIDIA Corporation (NVDA) shares? NVIDIA shares appear to have slowed in recent weeks, posting a negative quarterly performance of 7 percent. The stock, which had been at an all-time high, suffered a 25 percent loss, but has since rebounded thanks to the CEO's positive outlook. NVDA's second quarter results were impressive, with revenues of $30.04 billion (+15.3%), gross margins of 75.7%, and annual EPS of $0.68 (+11.4%). This success is largely due to its data center revenues, which reached $26.3 billion due to growing demand for Blackwell architecture. There is no doubt that these gains are the result of NVDA's ongoing commitment and continuous innovation. The new Blackwell-class AI superchips are an innovative combination of 208 billion transistors and a custom TSMC 4NP process. Each product features two lattice-limited arrays that connect through an incredible 10 terabytes per second (TB/s) chip-chip interconnect into a single unified GPU. This advanced technology offers extraordinary performance for any application from artificial intelligence to data processing. This super-chip is a true monster, with competitors light years away from this kind of product. When deciding to invest in stocks, it is also important to consider future prospects and analyze the stock's potential. The outlook for this CEO is very positive, in fact, revenue estimates have been increased by 40 percent, a dream figure for any company. Personally, I am confident that this stock is not expensive. The outlook for the future is very positive, and there is ample room for the stock to grow. It makes no sense to focus only on the current numbers, but it is important to consider the future ones as well. Possible dangers on the horizon could be the U.S. elections and possible trade restrictions. The ongoing U.S. presidential election has brought uncertainty about the future of the country's semiconductor industry, mainly due to trade and export restrictions to the Middle East and China-the latter accounting for 12.1 percent of NVDA's sales. Depending on the results of the elections to be held by November 2024, we may see further volatility in the industry. In addition, NVDA's financial performance is largely dependent on four main customers: the three largest hyperscalers, namely Amazon AWS (AMZN), Google Cloud (GOOG), and Microsoft (MSFT), as well as Meta (META). At present, these customers account for 46 percent of Q2 2024 revenues. Therefore, it is important to constantly monitor the situation, as any problem or reduction in orders from any of these customers could have a significant impact on NVDA's financial performance. TECHNICAL ANALYSIS. Nvidia's stock continues to move ahead in its long-term trend, which remains strongly upward. After a sudden rise that began in late September, it is now going through a consolidation phase before the next rally. We expect the stock to break through short-term resistance set at $122 and continue its upward trend. This change could lead the stock to break through the all-time highs reached on June 20 and then aim for the psychological threshold of $150 per share. Any correction before recovery in the $105 area based on long-term bullish dynamics should be considered as an attractive opportunity to enter the market. In my forecast for the next quarter, I see Nvidia's stock rising to $150. This is supported by significant and prospective growth over the next few years, coupled with high margins that make it one of the most profitable companies on the stock exchange. We continue to be very optimistic about this company's business. Longby Antonio_FerlitoPublished 5
NVDA Might PrintNVDA is flashing us with nice little wedge on the 1 hour chart. If NVDA holds the angled support line into Monday morning, we could definitely end up breaking out of the wedge in a bullish direction. Once the wedge breaks, we could potentially see a straight shot to the gap fill target of 125$ or even into 130 in the latter half of this month.Longby jbs2016Published 8
NVDA- Will the tides change?In the 4-hour chart, I’ve labeled key Wyckoff phases that suggest NVIDIA is currently undergoing a redistribution process. They will be explained in this idea. The chart also highlights the presence of unrecovered green vector candles, which often represent market makers' or institutional shorts that they may want to recover. This analysis is not taking into consideration any news or earnings info. This is based off what I see in the chart, and my knowledge as an Astrologer. Let’s dive into the details: Wyckoff Analysis Preliminary Supply (PSY): The initial area where selling pressure began to emerge, halting the previous uptrend. This suggests that larger players started to distribute their holdings. Selling Climax (SCLX): Following the PSY, this phase marked a sharp decline as selling pressure intensified, leading to a temporary bottom where selling reached its peak. Automatic Reaction (AR): After the selling climax, the price experienced a brief rally, marking the upper boundary of the distribution range as buyers temporarily gained control. Secondary Test (ST): The price returned to test the levels near the SCLX, confirming the distribution phase as supply continued to outweigh demand. Upthrust After Distribution (UTAD): This final push upwards likely trapped late buyers before supply completely overwhelmed demand, causing the price to start moving downward again. This is often a strong indicator that the distribution phase is nearing its end. Current Situation NVDA is currently near the top of the distribution range, where the UTAD has formed. The consistent rejection at the Supply Line reinforces the likelihood of further downside. It seems that buy volume has been gradually decreasing, while price has been rising, signaling a divergence. Additionally, the presence of unrecovered lime green vector candles below indicates potential targets where market makers or institutions might look to recover their shorts, typically areas of interest for price action to revisit. Key Level to Watch Before considering the more distant price targets, the first and most critical level to focus on is the 50% retracement of this up move ($111). If NVDA reaches this level and breaks below it with strong momentum, it would confirm a bearish scenario and suggest further downside. However, if the price bounces off this level, it could indicate a potential recovery and move higher, challenging the bearish outlook. Future Path The speculative path drawn on the chart suggests the following: NVDA may break below the current range and head towards the Demand Line or the support levels below. The price could go find the Preliminary Support levels around $75-$65 before any significant movement occurs. Price may range between these levels and $90 for some time. The lower levels of support, particularly around $65-$75, are crucial as they represent areas where significant buying might re-emerge. Mercury Retrograde Influence It’s worth noting that we are currently in a period of Mercury retrograde, which began on August 5th and ends on August 28th. While this might seem unorthodox, my research has shown that certain stocks, including NVIDIA, have a tendency to experience trend reversals following the conclusion of Mercury retrograde periods. As the retrograde ends on August 28th, I expect to see a reversal in NVIDIA’s price action shortly thereafter, which aligns with the potential end of the redistribution phase. by OnlyProfits888Updated 6
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 stocktechbotPublished 2
NVIDIA Corporation (NVDA) short term outlook is bullishNVDA is currently consolidating within a bullish flag pattern, as indicated on the chart. A breakout above the current consolidation zone is likely before the price can move towards the $127 resistance level. If the stock breaks out of the flag with strong volume, it would confirm a continuation of the recent bullish trend. Once the breakout occurs, the next target would be $127, where the descending triangle's resistance comes into play. However, a failure to break out of the flag pattern could lead to a pullback towards $105 support. The stock's proximity to its 50-day moving average adds significance to this area. Monitoring the breakout from the flag pattern is key for confirming the next upward move.by TraderhrTradingPublished 3
Consolidation Heading into Presidential ElectionNVDA was clearly a market leader today posting 4%+ gains. Looking at the overall structure I am anticipating a broader market sell-off / accumulation heading into the presidential election (topping next week on Tuesday or Wednesday 10/1 or 10/2). My best guess is that we bottom for the break out of this pennant pattern after October's monthly options expiration. Seeing as the monthly volume is declining, I am also anticipating an inside candle to end the month of September as well as October.by daytradedericPublished 3
NVIDIA (NVDA), TA for Tomorrow 9/24/2024Key Price Levels: Resistance: $119.95: The recent high from prior trading sessions is a key resistance. A breakout above this level could trigger bullish momentum. $116.99-$117.00: Minor resistance. A test and rejection could lead to a downward move, while breaking through could pave the way to test $119.95. Support: $115.38: The nearest support level. If NVDA falls below this, it could be a bearish signal. $112.77: A more significant support level, acting as a cushion for the price action. A break below could signal a bearish trend continuation. Indicators & Patterns: Volume: Volume is mixed, indicating uncertainty in the current market. We see increasing volume during upward pushes, but the declining volume on consolidations indicates weakening momentum. RSI/Momentum Oscillators: These indicators suggest NVDA is neither overbought nor oversold, leaving room for movement in either direction. Wedge Formation: A potential descending wedge pattern is forming, which could break either way. A breakout above resistance ($117) could lead to a sharp upward movement, while a breakdown below $115 may signal further downside. Potential Scenarios: Bullish: If NVDA holds above $115.38 and breaks through $117, a bullish move toward $120 or beyond is likely. This would depend on market sentiment and broader indices. Bearish: Failing to hold $115.38 could signal a retest of $112.77, with a potential drop to $110 or lower if overall market conditions weaken. Strategy Suggestions: Opening Trade: Watch for a breakout above $117 at the open. This could be a signal to go long, especially if there's strong volume confirmation. Stop Loss: If entering long, set a stop loss just below $115.38 to minimize risk. Downside Caution: If NVDA breaks below $115, consider shorting with a target around $112.77 and tighter stop losses. Note: Tomorrow’s direction could be influenced by broader market conditions or any tech-related news, so keep an eye on macro indicators like the NASDAQ and sector-specific catalysts.by BullBear-InsightsPublished 5
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 andyscappinimonPublished 6
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 MoonTradingForecastPublished 3
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 MasterBaiter01Published 3
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.Education30:04by hermes_trismePublished 3