NVDA in a Clear Head and Shoulders PatternGiven the performance of the QQQ of late, and multiple congruent levels and patterns on NVDA's chart, here are some interesting levels to consider.
NVDAD trade ideas
nvda orderflowThe average price target for Nvidia is $176.14. This is based on 40 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $220.00 ,the lowest forecast is $135.00. The average price target represents 28.25% Increase from the current price of $137.34.
NVDA Falling Wedge Pattern Setup: $127 SL - $153 TargetA falling wedge pattern has formed on NVDA's daily chart, with price action contained between two converging downward trendlines. The stock shows a potential bullish reversal setup after reaching recent highs around $145. Volume has been declining during the pattern formation, which is characteristic of a falling wedge. The setup offers a clear risk-reward with stop loss at $127 and target at $153, with entry planned on a break above the upper trendline.
Understanding Market Dynamics: When Effort Meets Resistance and volume dynamics. For instance, there are moments when stocks rise with high volume, yet the price barely moves. This phenomenon can be a critical signal for traders, reflecting the market's internal mechanics.
In general, there are four key states to observe in the relationship between price and volume:
High Volume, Low Price Movement – A potential sign of resistance or distribution.
Low Volume, High Price Movement – Indicates lack of conviction or speculative activity.
High Volume, High Price Movement – Suggests strength or accumulation.
Low Volume, Low Price Movement – Reflects consolidation or market indecision.
These dynamics highlight the importance of not just looking at price charts, but truly understanding the story they tell. Sometimes, the market signals "buy" during peak momentum, but soon after, prices find their way downward effortlessly, leaving behind effort without result—a classic sign of exhaustion or distribution phases.
Take NVIDIA as an example. While I currently avoid trading it due to its strong fundamental standing and lack of immediate alternatives, sometime fools can become smart when it's punpy ride. the chart itself reveals fascinating patterns. These patterns often follow the laws of physics—momentum, inertia, and resistance—all playing out visually in the markets.
Remember, this is not trading advice but an invitation to explore how combining technical and fundamental analysis can provide deeper insights into market behavior. Every trader should develop their own system and evaluate risk accordingly.
i don't know if it will go up or down, but as i see from the behavior of the price i can only guess :) let's find out
SHORT NVIDIA for a 15% Profit Target from yesterdays close...**NIVIDA** Failed to create a new High and Broke Support in yesterdays session on higher Volume circled below, see the stock falling at least another 15% from here dragging the S&P index with it, first target would be $110 with stop loss placed above all time high $152.90 ...
NVDA in H&S & falling wedge patterns, and potential ST supportsNASDAQ:NVDA Swing Trading
Bearish short-term (no position) but bullish medium-long term.
Current Patterns
First, we see the price crossing the neckline of the Head and Shoulders (H&S) pattern on daily chart. The target price is at 110$, but not sure we reach this level. A close below the neckline would strongly confirm the bearish move with good volume. This is a good setup for short selling investors.
Additionally, there is a falling wedge forming (as shown in the chart), which is a potential bullish reversal pattern once it breaks up. This will be interesting to watch.
If the downtrend continues, the 20MA crossing below the 50MA on the daily chart, known as a death cross , would be a strong bearish signal. This indicates that the price is likely to face further downward pressure, as it reflects weakening short-term momentum compared to the longer-term trend. Historically, a death cross is associated with the beginning of sustained declines in price.To confirm this, watch for the daily close to solidify the crossover and be alert for other bearish indicators like the RSI and MACD showing continued weakness.
Strong support levels are found at $130, which acted as resistance in August, and the 100-day moving average (MA) on the daily timeframe at $127.90.
What I am watching for the next bull run
Volume has shown a slight increase, surpassing the 20-day moving average (MA) of volume yesterday, indicating growing interest. Today's close will be key to confirming the validity of the H&S pattern. Momentum indicators are bearish , with RSI under 39 and MACD in the red. However, I remain bullish on the short- and medium-term, so I’m watching for strong support levels and a potential reversal signal (RSI up, MACD green) with a solid bull volume.
What's crucial now is patience—I won’t enter when signals are bearish, and the next bullish setup isn't in place yet.
www.tradingview.com
Nvidia: Gradual ProgressNvidia’s stock has made slight progress toward fulfilling our primary scenario. We still anticipate -wave sell-offs down to the support level at $90.69, where the blue wave (IV) correction should finally conclude. However, our alternative scenario of an already finished wave alt. (IV) remains in play. In this case, the stock would resume its ascent as part of blue wave alt. (V), pushing well above the resistance at $152.89 to reach new highs and, thus, complete the overarching green wave alt. (probability: 37%).
$NVDA #HeadNShoulders #Top ? Monday Poopy? #PlungerTimeTechnical Analysis, Keep It Simple
Head and shoulder top into the weekend.
NASDAQ:AVGO stealing some of the pie? NASDAQ:NVDA hitting some #speedbumps?
Next week puts could be worth the #squeeze.
#TreadLightly it's still Nvidia, but I read patterns primarily.
- Prophecies
PS; Could have a similiar-ish "build" to the NASDAQ:TSLA #BreakOUT #Re-Test #Go0o0o ...
NVDA ...Fishy things Smell when you dig deeperThink about this for a second...To make things like engines, there are tons of people cramming ideas onto boards and CAD systems then employing CNC's to construct the first engine of your PROTOTYPE.
Even though every Formula one to Toyota Camry has an engine...the mounts, the fuel system, the weight ratios, etc are so drastically different- you could say, the car is built around it.
Now...relating ^ that to chips. You have to do tons of research to fit chips onto things. We arent talking a simple- pop the AMD out of Mr. Gamer's Tower and switch with the NVidia one....Thats as simplistic as it gets. You have data centers that need to have parameters as to heat dissipation, electrical usage, maximum safe tolerance for chip load, etc.
Yet you release something new that is like, hey guys- just pop out the old and slip this bad boy in. I find that hard to believe. How could you have newer power hungry projects that the utilities would have to be informed of to calculate load and transfer line/sub station tolerances, given these things arent located in the boonies. The engineers would have to come up with ways, in how short of a time, to dissipate the higher heat...while calculating what the operating temps of the whole system they are installed in can handle before things go a little burn-outy.
Again....I may just be completely oblivious to it...but like the neighbor who says, "You sure thats a good idea not roping that ladder to the tree" to the 20 year tree pro- its both an inquiry for thought, but also a possible reminder if everyone gets to far up their own whatever to come back to reality.
NVIDIA Update: Big Levels to WatchHere’s the deal with NVDA right now:
1)If it keeps dropping, we’re looking at a move down to $130–$127.
2)But if it can break above $139, we could see it climb to $145 or higher.
It all comes down to whether $139 holds strong or if the price slips lower. Just keep an eye on those levels and let the market do its thing!
Kris/Mindbloome Exchange
Trade What You See
NVDIA Why buying in December is an excellent strategy.NVIDIA corporation (NVDA) has entered the 2nd half of December below its 1D MA50 (blue trend-line). On any other occasion that would've been alarming, for NVDIA however this presents the best long-term buy opportunity in a while.
The reason is simple and has to do with the amazing symmetry that the 2-year Channel Up (which NVDIA has been trading in) displays. Despite breaking below the 1D MA50, the price is still contained within the Channel Up, in fact it is very close to making direct contact with its Higher Lows trend-line. That would be a technical bottom, with the last Support marginally lower on the 1D MA200 (orange trend-line).
On this pattern, we can see that the stock's price action is highly systemic and can be classified into the: a) Accumulation Phase (Rectangle) where the market engages into long-term long positioning again after the Channel Up tops (forms a Higher Highs) and b) the Bull Phase (green Channel Up) where the price enters the aggressive rally of the long-term Channel's Bullish Leg.
As you can see, the previous two Bullish Legs have risen by roughly +257.68%, one from the bottom of the Accumulation Phase (Leg 2) and the other from its December bottom (Leg 1). It is also quite evident on this chart that the month of December plays a critical significance for NDVIA. On December 2022 and December 2023 the true rally sequences of the Bullish Legs started.
As a result, we can expect this sideways, neutral price action that the company has been having lately to bottom by the end of December (2024) and initiate the hyper aggressive part of the new Bullish Leg (green Channel Up). Also, even if it repeats the less aggressive pattern of Leg 2 and rises by +257.68% from the Accumulation Phase's bottom, we can expect to see it rise by as high as $320 by this Summer.
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New Setup: NVDANVDA : I have a swing trade setup signal. I'm looking to enter long if the stock can manage to CLOSE above the last candle high(BUY). If triggered, I will then place a stop-loss below (SL) and a price target above it(TP-50%,move SL to breakeven), then using the close below the 10SMA as my trailing stop loss.
Note: The above setups will remain valid until the stock CLOSES BELOW my set stop-loss level(3).
NVDA Head-N-Sholders PatternNVDA Head-N-Sholders Pattern is observed.
NVDA has completed its head and shoulders pattern and made it low at its supports.
I am not expecting stock like NVDA to drop up to $115, but this is what the chart is saying.
Please share your views in the comments. Please correct me if I am missing something.
NVDA ANALYSIS NVDA has gained support at the monthly level of $123.54, indicating a potential pullback from this level. On the weekly chart, support was lost at $139.50, while the daily chart shows a loss of support at $135.07. NVDA appears to be undergoing a monthly pullback toward $123.54, with a possibility of testing the daily gained level at $121.77.
$NVDA - Potential head and shoulderNASDAQ:NVDA hits target 4 precisely and has since pulled back. It is currently trading around the support region.
There is a potential head and shoulders pattern forming with the neckline around the $132 to $130 area. A full measured move upon neckline breakdown is $117. The midway support is $126.
Bear in mind, just because a pattern is forming doesn't mean it will validate.
As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.
NVDA - Head and Shoulders // but still bullishWell, I imagine we’ve all seen this idea recently. Head and shoulders for the big dog.
I do get three touches on the orange trend line there…it’s a strong quarterly trend and if that head&shoulders fails to follow down through I expect price will stay above it for a rally into year’s end. Price might even follow my fantasy fractal.
The light blue boxes highlight the closest volume profiles. Closing price falls basically right in between the two. My bias is bullish though.
The upright purple goal posts represent the Aug 2023 to March 2024 up-tick. NVDA has continued to melt that up again from Aug 2024 thru Nov this year. I can’t help but think though that price will find a spring on the 100ema (the light blue squiggly) and continue up on it’s merry way.
Next week we see FOMC on the 18th. BoJ interest rate decision the next day to see if a carry trade affects things. I think our markets have already at least half baked in a 25bps rise though if Japan decides to pull the trigger...and the currencies aren't as far apart as they were last July either.
I remain cautious for Q1-Q2 on all equities but will ride the next 6 weeks while the 3mo US bond yield is still higher than the 2year. :)
Cheers and take care,
MR
Nvidia - Launching The Final Bullrun!Nvidia ( NASDAQ:NVDA ) can still rally another +40%:
Click chart above to see the detailed analysis👆🏻
After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
NVDA - Flag officer is tiredTREND
Current wave structure: Uptrend.
Head on shoulders in the daily timeframe is a reversal indicator.
A potential breakout (on the shoulders) may form a bullish harmonic pattern that is pretty common in uptrend.
Moving Averages
Prices cannot get away from 20-day (Red) and 50-day (Orange) that is an indicator of tiredness.
A fast visit to 100-day (Turquoise) or between 200-day may take the tension of the prices.
SUMMARY
Based on this analysis, a price action to the support line is expected.
Meanwhile flag officer takes a rest, NASDAQ:TSLA will takeover the role during the absence.
