$NVDA weekly chart, ABCD harmonic. Short idea.NASDAQ:NVDA NASDAQ:NVDA ⚠️weekly chart, ABCD pattern. 135.05 is the 0.886, if lost, could lead to a -37% drop down to 84.83. This is a warning to reduce long-exposure if we cannot close the weekly, and especially the monthly above 135.05...Shortby Dagger_Six8
$NVDA daily chart, long idea. Deep crab harmonic.NASDAQ:NVDA NASDAQ:NVDA daily chart, deep crab harmonic. Now breaking the key level of 131.26 (neckline resistance + 0.886 retracement for the ABCD pattern). This key break can now setup a very bullish projection up to 166.14. Key levels: 131.26 - neckline resistance 136.15 - x point resistance 141.60 - ATH's >141.60 we fly to 166.14Longby Dagger_Six7
$NVDA Out of Gas? 120's Pit Stop Next Week?I've been following and trading this closely around the 135 level. It looks like it DOESNT want to make it to 140 for a reject (although monday gap ups can change everything) this "Rounding" top pattern is forming on lower time frame I am looking to buy the dip next week for eventual new ATHs on NASDAQ:NVDA , currently No Positions AI isn't close to finished, or even fully realized imo... "$200 is my next fiblevel and target, probably "blowoff top" into 220s 240s around March-June 2025" - Prophecies Shortby Prophecies_R_Us6
NVDA breakout or breakdown?NVDA is trading at major resistance levels. Depending who you speak to, NVDA is about to breakout or breakdown. From a positioning perspective, it's a much higher probability to start looking for short entries up here. I don't see any point wishing luck for a long entry here. Don't chase it, wait for a pullback. Based on it's ATR levels the past quarter, the best time to go long NVDA is 3 standard deviations below it's SMA20 and short 3 standard deviations above it's SMA20. Also, NVDA stochastic is about to peak and therefore roll over in a few days. 3ATR resistance = 139 SMA20 = 122 -3ATR support = 106 Short 1 : 4 trade idea: short = 139 stop = 143 profit = 123 Short options trade idea: A) short call credit spread 11/15 expiry sell 105 call buy 130 call B) short put 11/15 expiry buy 135 put C) Already invested 100 shares 11/15 expiry collar sell 120 call buy 150 put NVDA options data: 10/18 expiry Put Volume Total 303,946 Call Volume Total 536,585 Put/Call Volume Ratio 0.57 Put Open Interest Total 1,247,714 Call Open Interest Total 1,651,970 Put/Call Open Interest Ratio 0.76 11/15 expiry Put Volume Total 61,504 Call Volume Total 147,008 Put/Call Volume Ratio 0.42 Put Open Interest Total 1,083,844 Call Open Interest Total 1,060,778 Put/Call Open Interest Ratio 1.02Shortby Options3603
NVDA: Strong Buy Signal and Short-Term Based on Key IndicatorsThe technical analysis for NASDAQ:NVDA points to a strong buy recommendation based on the following key indicators: Relative Strength Index (RSI 14) : Current value 71.74 – Approaching overbought levels but still neutral. Momentum (10): Current value 4.18 – Indicates strong upward momentum, reinforcing a buy recommendation. MACD Level (12, 26): Current value 0.29 – Confirms a bullish trend with a clear buy signal. Ultimate Oscillator (7, 14, 28): Current value 75.57 – Suggests strong upward momentum, indicating further potential gains. Moving Averages (Exponential and Simple for 10, 20, 50, 200): All show buy signals, with prices above critical support levels across different timeframes. Conclusion While the RSI nears overbought levels, the strong signals from momentum, MACD, and moving averages confirm a bullish trend. These factors present a short-term opportunity for investors to capitalize on NVDA's upward movement, as the stock appears poised for continued gains in the near future. Disclaimer This analysis is for informational purposes only and is not financial advice. Always conduct your own research or consult a financial advisor before making any investment decisions.Longby CF_444Updated 3
nvidia updateIt looks like we won't get a double correction after all and that NVDIA has printed a single correction ABC around $92, also a perfect hit on the POC and the 0.382% retracement on the higher timeframe. What we would like to see in the short term is that NVIDIA breaks through the 100% projection or the $140 mark to continue its upward movement. by TraderStoffel842
NVDA for Tomorrow Trading (11/10/2024)NVDA is trading around $134.88 as of the latest price action on the 1-hour timeframe. Let’s break down a technical analysis (TA) for tomorrow’s trading: Key Levels: Resistance: The nearest resistance is around $135.00, as indicated by the current price struggling to break through that level. Beyond $135, there could be resistance near the $138.94 to $140 range. Support: Immediate support is seen at $132.65, where price previously bounced. A stronger support level is at $130.83, which aligns with the broader upward channel and previous price reactions. Volume: The volume shows a slight tapering off as price approaches the $135 resistance, indicating that buyers may be hesitant, and we might see consolidation or a pullback unless volume increases. Indicators: MACD shows some mixed signals. There was a recent crossover that might indicate short-term downward pressure, but it's hovering around neutral levels. Trendline: The white trendline shows an upward channel, suggesting NVDA is in a short-term uptrend. The price is moving towards the upper bound of the trendline, and a breakout could take it higher. Potential Scenarios: Bullish Scenario: If NVDA breaks the $135 level with higher volume, it could push towards $138.94 and $140 in a strong upward momentum. Bearish Scenario: If it fails to break $135, expect a potential pullback to $132.65 or even $130.83 support. For tomorrow's session, watch the $135 level closely, as a break or rejection here will likely determine the direction. Keep an eye on volume and momentum for confirmation. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult with a licensed financial advisor before making any investment decisions.by BullBearInsights6
Nvidia's Stellar Surge: A Reflection of AI's AscendanceNvidia's meteoric rise in recent months is a testament to the burgeoning artificial intelligence (AI) revolution. As tech giants race to integrate AI into their products and services, the demand for Nvidia's high-performance computing chips has skyrocketed. The company's stock has surged by an impressive 25% in the past month alone, and it's on the brink of breaking its all-time high. Nvidia's dominance in the AI hardware market can be attributed to its cutting-edge graphics processing units (GPUs), which are ideally suited for the complex computations involved in AI tasks. These chips have proven to be indispensable for training and deploying large-scale AI models, such as those used in natural language processing, computer vision, and generative AI. As tech earnings season approaches, investors are closely watching Nvidia's performance. The company's financial results will provide valuable insights into the strength of demand for its products and the overall health of the AI market. Analysts are anticipating a strong earnings report, fueled by continued growth in data center sales and increasing adoption of Nvidia's AI solutions. One of the primary drivers of Nvidia's success has been the accelerated development of AI technologies by leading tech companies. Meta, Alphabet, Microsoft, Oracle, and OpenAI, among others, have been investing heavily in AI research and development. These companies are racing to introduce new AI-powered products and services, such as chatbots, virtual assistants, and generative AI tools. To support these initiatives, they require powerful hardware infrastructure, including Nvidia's GPUs. The growing demand for AI chips has created a significant opportunity for Nvidia. The company has been expanding its manufacturing capacity and investing in research and development to maintain its technological edge. Additionally, Nvidia has been exploring new markets, such as autonomous vehicles and healthcare, where AI is expected to play a crucial role. While Nvidia's future prospects appear promising, it's essential to acknowledge the potential risks and challenges that could impact the company's growth. These include intense competition from other chip manufacturers, fluctuations in the global semiconductor market, and the possibility of regulatory hurdles related to AI development. Despite these risks, Nvidia's strong market position and the increasing importance of AI suggest that the company is well-positioned to capitalize on the ongoing technological revolution. As AI continues to transform industries and society as a whole, Nvidia's high-performance computing chips are likely to remain a critical component of the AI ecosystem. Editors' picksLongby bryandowningqln55128
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 119
$NVDA "Breakout Retest GO" PT: $180 (By March)NASDAQ:NVDA breakout has a lot of momentum, played 135C for tomorrow nicely today but NOT overnight, but $140 in the next few days is high possibility... I expect a reject, it would coincide nice with my SPY wedge action which has only added more WEIGHT after AMEX:SPY bounce. AMEX:SPY price action; Will be watching and operating around these; 140C 10/18s @ 1.41 per SHORT TERM looking at 150C 3/18/25 14.20 per MID TERM -Prophecies Longby Prophecies_R_Us5
$NVDA Target HIT at 135 from 106.19!We finally did it team NASDAQ:NVDA hitting targets and over 250% on the options Thank you so much for all of your support AND please drop a like if you like my work and want more top picks!Longby tradingwarzone1113
NVDA - NVIDIANVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment comprises of product brands, which aims specialized markets including GeForce for gamers; Quadro for designers; Tesla and DGX for AI data scientists and big data researchers; and GRID for cloud-based visual computing users. The Tegra Processor segment integrates an entire computer onto a single chip, and incorporates GPUs and multi-core CPUs to drive supercomputing for autonomous robots, drones, and cars, as well as for consoles and mobile gaming and entertainment devices. The All Other segment refers to the stock-based compensation expense, corporate infrastructure and support costs, acquisition-related costs, legal settlement costs, and other non-recurring charges. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in January 1993 and is headquartered in Santa Clara, CA.Longby Esmail_from_Kuwait3
Looking for a pull back close to the 9EMA and I will be all inNVDA looking juicy on a pull back here. Will be watching this one!Longby jedotson77661831
NVIDIA 4 Hour -30 Minute Wave Counting Where are We Going ? Morning Traders We are looking at if this market has finished making a wave 4 correction or are we in for a treat with either a small correction down before we punch up to the 137-138 target we have in our wave counting and projections. The question is always be aware of the worst case scenario here and the best case scenario, take caution Happy Trading MB Trader 06:10by Mindbloome-Trading3
NIVIDIA 4 HR: Correcting back to 130.70 or We Pushing Higher UP Morning Traders Quick update here, currently if we make a break above the 132.70 range the 137.30 is our goal and target however their are a couple hurdles along the way. We can possibly still correct down to the 130.70 level I go over the market from 4 hour to 30 minute giving you some levels to look for in today's trading day Happy Trading MB Trader 06:08by Mindbloome-Trading2
Nvidia update.I told my self that am no longer react to negativity as my work speaks for my selfs,150 is our first target while they are still looking for more sell,just a small pull back to 129 positions yourself n target 150 dont goo against the trend bcz it's been buying ,they trend up all of stocks that i trade they only do corrections after they reach targets,even if we have recession is for short time to sell even I it can for 6 mouths or 11 but that's what a corrections but we trend were up,soo until you understand this you will be able to manage to trade n hold your trades for a very long period,am not gonna share everything but bit by bit I will try my best l.Longby mulaudzimpho5
Nvidia update.I told my self that am no longer react to negativity as my work speaks for my selfs,150 is our first target while they are still looking for more sell,just a small pull back to 129 positions yourself n target 150 dont goo against the trend bcz it's been buying ,they trend up all of stocks that i trade they only do corrections after they reach targets,even if we have recession is for short time to sell even I it can for 6 mouths or 11 but that's what a corrections but we trend were up,soo until you understand this you will be able to manage to trade n hold your trades for a very long period,am not gonna share everything but bit by bit I will try my best l.Longby mulaudzimpho4
NVDA Technical Analysis for Tomorrow (10/10/24)Current Levels: Support: NVDA has support around $132.12 and $131.36. A drop below $131.36 may see the price test lower support at $126.31. Resistance: Key resistance levels are seen at $132.89 and $134.85. A breakout above $134.90 could see NVDA pushing toward new highs in the $136+ range. Trend Analysis: NVDA is currently in an ascending channel, indicating a bullish trend. However, it's near the lower boundary of this channel, which could act as support. If NVDA breaks below this trendline, a pullback to $126.31 is possible. MACD: The MACD indicator is showing a slight bullish divergence, with a potential crossover, suggesting a possible reversal upward. Tomorrow's Focus: Watch for support at the lower trendline and $132.12. A bounce from these levels could signal a continuation of the uptrend. A failure to hold support might indicate a potential decline to $126.31. Disclaimer: This is not financial advice. Always perform your own research or consult with a professional before making any trading decisions.by BullBearInsights7
Oct 9th NVDAIf tomorrow turns out to be bullish based on the 5-minute chart, the potential upward movement can be estimated by identifying resistance levels and the overall trend. Key Points to Consider for a Bullish Scenario: Previous Resistance Levels: 134.00 - 134.50: This range seems to be the most recent resistance zone. If the price breaks out, this would be the first target for a bullish move. 135.00 - 135.50: This level represents a round psychological resistance level, which often acts as a barrier. If the bullish sentiment is strong, reaching this level is possible. Symmetrical Triangle Breakout (From the daily chart): If you recall from the daily chart, the price has broken out of a symmetrical triangle pattern, indicating the potential for an extended upward trend. A bullish move on the 5-minute chart may continue this momentum. Volume Confirmation: If there's strong buying volume in the early minutes or during pre-market trading, it would add weight to the bullish sentiment, and the price could rise further. High volume tends to drive prices faster. Projection of How High It Can Go: First Target: If the bullish breakout sustains, the price can first test the 134.00 - 134.50 area. Second Target: If momentum is strong, a push toward the 135.00 - 135.50 level would be the next logical step. Beyond 135.50: If there is extremely strong buying pressure or news that drives the stock, we could see the price push above 135.50, potentially testing higher resistance levels near 136.00 or 137.00. However, this would require significant bullish sentiment and volume. Conclusion: If bullish tomorrow, the price could target levels around 134.00 - 135.50, with potential extensions toward 136.00 if momentum and volume are strong. Keep an eye on early price action and volume for confirmation of the trend.by l4uren_stew4rt4
NIVIDIA BULLISH 137 Here IS WHY ? MUST WATCH Morning Traders I throw the whole kitchen sink at this market from forks to fibs to projections and what we have is the following. We are either breaking up to the 137 range then we will see a nice deep 8-12 dollar retracement. Or we go to 137 and consolidate a touch then keep pushing up to th3 150's. Or we break 131.80 in our correction and then looking at levels of 130.64 as a point of entry for our long position up. Enjoy the video : like, comment, boost if you found this video helpful or give me your thoughts on where you see the market going MB trader Happy Trading Long09:19by Mindbloome-Trading4417
NVIDIA"S Four-Hour Target 137's Good morning traders The market planned out into what our thesis originally was from ages ago ie we are hitting 137 range -138 max then seeing a correction of some sort or we blow through this level up and keep going to 150's In this video I am most certainly long and feel lets look for a correction at the 137's between 8-12 dollars. If this doesn't happen dont fret then we will be reanalyzing the market to 150's and possibly beyond.... Thanks for watching, if you like the video, hate it or have another thesis share away in the comments section below Happy trading and lets keep riding those waves MB Trader12:26by Mindbloome-Trading3
Nvidia - A new Opportunity after beating Resistance!Daily chart, the stock NASDAQ:NVDA is forming a symmetrical triangle, and the price could not break out the resistance line R since June 2024. Technical indicators RSI and MACD are on the positive side; to have an upward movement. However, a new entry for bullish uptrend should be after 2 days trading above 128 -- Then the target price will be 175 A stop loss below the line SL should be considered. by snourUpdated 9
NVDA - breakout continues NVDA - break out continues on this one after symmetrical triangle pattern breakout at $125. Stock hit first target of $130 watching for $136 and $140 next two targets in play. Stock is strong on indicators.by TheStockTraderHub1