Be careful NVDA is still in the correction zone!Bulls pay close attention at the $130 level, correction is still underway! BTC is sinking and the sector is overall been over bought. Patience is the game we play!
NVD trade ideas
Intel (INTC) and NVIDIA (NVDA)Analyzing the historical highs and lows of stock market prices for Intel (INTC) and NVIDIA (NVDA) provides insight into their performance trends.
Intel (INTC):
- Historical Performance: Intel has experienced periods of strong performance, particularly during tech booms and innovations in computing.
- Highs and Lows: Historically, INTC has seen peaks during technology expansion phases, such as the dot-com boom, followed by corrections during market downturns and competitive pressures.
- Recent Trends: Despite volatility, Intel's stock price has shown resilience and has been influenced by market sentiment around its product launches and competitive landscape.
NVIDIA (NVDA):
- Historical Performance: NVIDIA's stock price has surged during periods of AI and gaming sector growth, driven by advancements in GPU technology.
- Highs and Lows: NVDA has experienced significant highs during AI boom cycles and gaming industry expansions, with corrections during broader market downturns.
- Recent Trends: The stock has shown strong growth momentum, reflecting market optimism around its technological innovations and market leadership in graphics processing.
Decision Criteria:
- Market Timing: If considering historical highs and lows, NVIDIA (NVDA) may appear more favorable for growth investors during periods of sector expansion and technological advancements.
- Risk Management: Intel (INTC) could be perceived as a safer bet during market downturns or when seeking stability and dividends due to its lower volatility and higher dividend yield.
Conclusion:
- Intel (INTC): Offers stability, lower volatility, and potential value at historical lows, appealing to conservative investors and those prioritizing dividends.
- NVIDIA (NVDA): Presents higher growth potential and market leadership in innovative sectors like AI and gaming, suitable for growth-oriented investors despite higher volatility.
Chart Pattern Analysis Of NVDA
K2 and K3 is a strong bullish up-engulfing pattern with an up gap.
But K3 is not strong enough to close upon the neck line.
And the supply pressure at K3 is still at high level.
So, I don’t think K3 will reverse the newly born short-term downtrend immediately.
It needs more signals to verify it.
It is a good place to decrease long positions at K3 or 0.5Fib area to avoid the potential price correction.
On the other hand,
The decreased volume means the supply pressure is decreasing.
It is an early signal that the short-term downtrend had been interrupted by K3.
Perhaps it will consolidate for days and then choose to price up or fall down.
In the long term, it is still a bull market.
NVDA - Where is the TOP?NVDA once a darling this year, to be honest quickly turned into a villain buy sucking the all breadth of the market.
I normally don`t like log charts but when the name runs this fast, it is the only option. Run - bull flag run again, final target I see 160 with same expected move.
A decent upside, but let`s not forget NVDA is a 3T usd company. An upside of %30 or so will make it the 1st 4T usd company, will not join to this ride, just sharing where the top might be.
The end of value creation and capitalism. Game overPost-scarcity economy is coming. No currency nor value in the future. Money is creating havoc in this world
of competition and its coming to an end. Cost of living is free in the coming future so investing is a big
waste of time and resources. As you can see the motivation in the markets is dying. Debt can no longer
support the world economy any longer. The world is changing to save ourselves from extinction.
No currency No investments No competition creates equality and richer lives with deeper meaning.
There is no future if cost of living continues to rise and climate change affects global health and stability.
A brave new world is about to happen and millions of wealthy people will not like losing there status.
Enrich your lives and focus on reflection of ones self. Life is meaningless as a slave to cost of living.
The End of value creation to promote wealth of knowledge.
Artificially creating inflation creates inflation. Without cost of living the world will begin to heal
from climate change. Poverty and inequality will become extinct or the human race will become
extinct. Resources are precious and so is life.
NVDA: Cooldown of the AI hype?On it's all-time high, NVDA faces a major correction in a SHS-formation.
While chart patterns indicate an early turn after the everlasting boom of the paper, the split indicates that NVDA has seen its saturation among big capital funds and portfolios, and tries to appeal to small-cap buyers with a more affordable price - a clear sign that the chip designer itself has foreseen its peak on the stock market.
The next earnings report not in sight until August, the stock price will rebound to its average. But even with good earnings, the paper cannot appeal any more to major capital funds with diversification as part of risk management than it already has, so the buyers who chip in on the next E&R will be either small cap participants or gamblers. Further peaks of NVDA will be used by larger funds to hedge their risk, resulting in more immediate and dynamic corrections.
All of this resolutes that the dynamic of NVIDIAs price development came to an end. New heights will be harder to achieve, unseen lows ever since the surge will be more likely.
A general cooldown of AI is not expected as the industry is still in development. Most products developed with LLM AI as a base platform are assistance systems. Regular users of AI notice hallucinations and erroneous behavior on the AI side, proving the technology is not inerrant and will or should not replace or substitute human control.
NVDIA Not the time to buy yet.NVDIA corporation (NVDA) is on the 3rd straight week of losses following the mid-June High, which was a Higher High at the top of the 20-month Channel Up. During that time the stock turns into a Buy only after it breaks below its 1D MA50 (red trend-line).
As you can see some times the bottom process takes longer, other times it is very short. The 1W MA50 (blue trend-line) hasn't been broken since mid-January 2023. At the moment, the stock has started the new Bearish Leg. Past such Legs extended to at least -22.56% and with a maximum -26.18%.
We are ready to buy at $110.00 and target the 2.0 Fibonacci extension at $170.00 (each Higher High is on a Fibonacci extension lower).
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NVDA CEO Takes profitInsiders selling, won’t become attractive until double digits. Until then, down it goes.
Thank you for the amazing journey.All goals have been met for this investment for me.
I sold everything and moving on to other investment opportunities.
Thanks so much for the return for being a long term investor.
Its been an amazing 20 + years of trading.
I have no trade advice for anyone or an opinion on this investment.
I met my trading goal and feeling very lucky to prepare for the next one.
Diversify when the time is right. I have many plans and my goal in life is to be a millionaire and i have
already done that. Now i need to focus and be a responsible planner. Build and grow with strategy.
Nvidia - Massive rejection soon!NASDAQ:NVDA is clearly overextended after the +1.000% rally and ready for a correction.
Trees simply do not grow to the sky. And neither do stocks, especially Nvidia. I know that a lot of people are calling price targets of $250 and beyond, but we still have to respect gravity and the nature of fear and greed. Nvidia is simply overextended a retesting a 6 year resistance trendline. I do expect a correction between -20% and -30%, but also -60% is definitely possible.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
This is just speculative at this momentLooking for potential channel exploration with current and past trading examples.
We have the current fib levels bottom to top. This is current only and could change so adjustments on the fly will be needed. The blue lower support trend and upper resistance trend is my personal drawn lines. The dashed lines at the end is projections with a low volume support squeeze that has happened two times before in Nvidia past. Looks accurate but anything could happen. I sold already in a previous post but i was not bearish just met my trading goal for my position. At a later date i will rejoin the market with my support when the clamp down happens but could take years so be ready when the time comes. I don't see the market jus dumping but more of a slow down next few years and diversification will start happening periodically during the market cycles. 2025 to 2028 will be the best years i think the clamp will happen for the squeeze event. This is purely speculative so don't follow this example. I am just posting here for reference and information. Thanks for reading and good luck with your trading strategy.
$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.
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.
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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!
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.
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.
$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 advice
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.
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!
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.
