Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
Today when US markets open I am planning on taking a large swing put position in NVDA with various deep OTM strikes. Here's the complete case for a NVDA top having been made and the start of a massive mean reversion. For a while I've had the 1,000 area marked out as an important level for NVDA. Not based on it being a psychological level (Tbh, I feel they...
NVDIA Corporation (NVDA) has been going exactly as planned since our latest update (February 16, see chart below) and looks very promising to hit the 1150 Target: On the shorter term, the 1D time-frame, we see one last buy opportunity arising for those who missed our earlier buy call. Based on the (-21.66%) symmetry of the current correction with that of...
Obviously we cannot reach the double top again but don't have momentum to correct downward. We are sticking in a trading range supported by an open window since May 3rd. But as the way up we have gone since January is so long I cannot imagine that the market cam become clean by a sideward trading only. May be we may stick in the range for some more days but...
Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the...
Nvidia on hourly candles respecting elliot impulse wave pattern for year 2024. Wave 2 was a classic 3 wave elliot correction wave pattern. This then breaks into wave 3 and is respecting a very tight channel upwards. Expecting 1000+, back to 900s, then price target of 1100+ post July. Heavy chop in wave 3 due to broader market uncertainties and pressures. This...
NVDA is going to consolidate for at least 3 more months before its next rally
Is it possible Nvidia can muster the strength to get my final higher target of $927? Possibly. But time is running out for the chip/GPU maker. A breach of the $880 level makes that highly unlikely, and that could be our initial sign we're now headed to the $700 area. Nonetheless, even if we do manage to get that OMH (One More High)...I still have price...
boost and follow for more! ❤️🔥January 18th I released a bullish update with 600-700 dollar price targets, since then we have smashed those targets.. Also we had a recent earnings report. So time for some updates? Well it looks like this "AI hype/AI bubble" isn't slowing down, the earnings on NVDA were extremely good. So I have raised my Price target from 700 to...
Lets get a push down for some liquidity and head higher yeah? Mkay.
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
Just like META and other huge runners. AI bubble is about to burst and my main signal for this is GME and AMC / small cap rallying this hard. It signals a top in each market, soon or later it drops. Tanks before earnings = Buy Flat Line and/ or goes up = Sell and swing puts down to my levels
Due to report shortly after market close on 22 May (typically 06:20 AEST / 21:20 UK). “The most important stock in the world” - That was the label given to Nvidia (NVDA) throughout February as we geared up for its highly anticipated Q424 earnings results. Where, at the time, the sheer number of articles written on the stock was incredible – when you are a...
From my perspective, NASDAQ:NVDA NVDA working on wave 5 right now and it could fly to 1050+. Lets see what will happen before its ER.
I have not posted for a while, been busy trying to improve my trading entries and exit. I am back now and will be posting more regularly :). Nvidia has broken out of H&S pattern on 4 hour. Any retest to the highlighted orange area around 888-900 would be suitable for buying. Stops can be placed below the 10 DEMA or 20 DEMA. For conservative risk traders,...
Perfect is RARE. But thats EXACTLY what the technicals are showing on this beast. Flows are Bullish right now, Fed can't surprise (no balls lol) aka is trapped due to politics, AI is a military priority, this is sector leader (as Livermore would advise trade only leaders) , other Co's need too. Almost a perfect monopoly scenario. Also earnings run up has to be...
GREEN TrapZone is back and UMVD Picked the end of retrace perfectly. We have a bit of steep angle 4 but it just means UNTIL we break it - we have very strong momentum up. Angle 1 from the recent downtrend is close by, so it will be short term target, as loong as we have Green BARS and GREEN UMVD !
This chart analysis is a bit of mess, but the price action in the last 10 sessions leads me to believe that we will see around 960 by earnings. This would be a setup for another new high if the market likes the print. Options action around 900 middle of last week seemed to indicate a push higher. Having said that, I really don' know if the consolidation from the...