$NVDA puts Clear bearish divergence on the monthly timeframe. I expect this correction to be much deeper than the previous two which are shown. I will be watching the monthly close next week for confirmation. Shortby crypto477Updated 232346
NVDA | SHORT NASDAQ:NVDA Possible Scenario: SHORT Evidence: The asset has moved outside of the Keltner channel on a monthly timeframe and is overbought across all timeframes. We are currently in the AI Bubble Era, with the economy facing potential challenges such as the possibility of a debt crash, a commercial real estate crash, or a regional banks crash, among others. Target Prices: TP1: $600 TP2: $400 TP3: $270 A 70 to 90 percent retracement is not an unusual scenario when a bubble bursts, similar to what occurred with many companies during the dot-com bubble. Conclusion: The stock market is at risk of collapsing due to the AI bubble. Shortby shksprUpdated 222
Nvidia - Struggling at the highs!Hello Traders and Investors, today I will take a look at Nvidia. -------- Explanation of my video analysis: For more than 6 years Nvidia stock has been trading in a pretty obvious rising channel formation. At the moment Nvidia stock is actually retesting the upper resistance trendline. Considering that Nvidia stock also rallied 650% over the past couple of months, it is quite likely that we will see at least a short term correction towards the downside, retesting the previous all time high. -------- Keep your long term vision, Philip (BasicTrading)03:27by basictradingtvUpdated 111149
This is probably a spot where NVDA cools offNvda likes that 200 week moving average, i wouldn't be buying when it's trading this far away from it. Look for these two to meet in the future (no it won't be tomorrow...) Shortby MaustyUpdated 12
beginning of creationExtremely high volume bearish engulfing candlestick is meaningful I tell you that big player is sell big lot from Elliot wave theory this might begin 4wave correction also if you check insider trading tracking you will see that insider sold almost all of their stock share insider now own only 4% of NVDA so this is good place to short with at least 2RRShortby tofinseUpdated 222
NVIDIA Investment OpportuntiyAfter the first liquidation which happen, a second one occur, I'm expecting now the price to go up, Identified on the graph 2 liquidations, breaker block in grey, market shit. Target Equal Highs and all time highsLongby EvergreenWealthAdvisor2
NVDA double bottom - 1h time frame analysishi Traders NVDA is not looking bad here on 1h time frame. The price reclaimed the support and we got a double bottom pattern. Entering long position at 845 $ to play a bounce is very justified here. 2 targets: 887 $ 906 $ Stop loss: 830 $ Good luckLongby vf_investment5
NVDA reversal- thing of beauty.NVDA touched the 50EMA just for a second and rallied off of those levels. Target 890/900.by Liathetrader112
NVDA double bottom setting up? Looks like NVDA is finding support at this level and setting up a double bottom. What are your thoughts? Longby empire46531
NVDA April 17, 2024: How Much The Correction Could Be?In a long-term uptrend, corrections are inevitable. How much the correction will be depends on each individual stock. At the end of the session on April 17, 2024, NASDAQ:NVDA is correcting towards the MA-50 and is temporarily closing below the 10-week MA, if during the session on April 18,, the last session of this week, the stock cannot recover above it. The stock is still in a long-term uptrend, as the 30-week MA (orange line) is still in an upward trend. Since the beginning of 2024, it has increased by 80%, so corrections of 20%-30% are completely normal. Looking at the weekly chart, we can see that in the last 6 months of 2023, NASDAQ:NVDA had a sideways consolidation period for 6 months with a range of nearly 25%, waiting for the 30-week MA to catch up before narrowing the volatility and entering a new uptrend. If that scenario repeats this time, NASDAQ:NVDA could correct 25% from the top to the price range around $730, waiting for the rising 30-week MA to catch up, before entering the next upswing.by longsonvn3
NVDA needs to hold here, or 818if we lose this, we have a clear channel down to 818 Shortby krsnead2114
NVIDIA Bouncing off its Fib 0.236 support and is consolidatingNVIDIA Bouncing off its Fib 0.236 support and is consolidating. At the moment more bearish momentum but we will wait and see if the tide changes Mapped out in Blue line where we predict prices to go with price targetsby JK_Market_Recap0
NVIDIA Bullish ContinuationA few area to watch in support of bullish continuation. Watch areas for bearish retracement.by AnicaUpdated 1111
Short AgainThe attempt to correct the decline has been half-hearted only and has been sold immediately. The bearish, i.e. corrective mood has thus confirmed.Shortby motleifaulUpdated 5
NVDA Long Swing TradeEntry: 864.50 Stop: 834.55 Target 1: 922.25 Target 2: 967.66 Price traded below 3/04/2024 Week low. Given that price closed back inside the range, I'm expecting higher prices for the rest of the month.Longby Jaw13122
Investment Opportunity NVDAWe can see an accumulation of order on NVDA, all phases of the wyckoff have been executed, with the 1st liquidation (STB) and a BOS bullish, I'm expecting now the price to continue at least take the all time high.Longby EvergreenWealthAdvisor113
NVIDIA WEEKLY UPDATESGot bored on a dip, price of this stock filled the Weekly gap before it distribute to the higher 1000$ per stock. Are you short? well lets see how this AI driven stocks . This is not a financial advice folks. stay out your options trading, but its upto you. This is just my view. Your view is different, we are humans we have different perspective in life. My thoughts? distribute it to the higher bidder. Follow for more. Skip the chart folks, keep on grass daily. Weekly is better than daily. ciaoLongby keno19891
(NVDA): Speculative Insights and Price ProjectionsOur technical scrutiny of NVIDIA Corporation (NVDA) unfolds a blend of indicators that offer a mixed vista, particularly when synthesizing the latest price action, Ichimoku Cloud formation, Fibonacci retracement levels, volume patterns, and oscillators such as RSI and MACD. This dissection aims to furnish investors with an advanced comprehension of NVDA's current market posture and speculative price trajectories. Technical Observations: Price Action and Candlestick Formation: NVDA's recent price movements depict a mild retreat, as evidenced by the last candlestick's closure below its opening price. This bearish engulfing pattern may signal potential downside continuation. However, support near the 50% Fibonacci level at approximately $722 could play a crucial role in stemming the downward momentum. Ichimoku Cloud Analysis: The Ichimoku Cloud, or 'Kumo', remains expansive, indicating volatility and potential support zones. The recent price dip below the Base Line (Kijun-sen) at $902.11 suggests a short-term bearish outlook, with the Conversion Line (Tenkan-sen) at $868.80 possibly serving as an immediate resistance level. Fibonacci Retracement Levels: NVDA's price has retracted from its peak, seeking support at key Fibonacci levels. The $781 (61.8% retracement) zone is a critical juncture, with price action hovering around this area suggesting indecision. A decisive close below could propel the stock towards the $712 (50% retracement) mark. Volume and Volatility Indicators: A declining volume trend amidst the pullback hints at a lack of strong selling pressure, which may curtail the depth of the retracement. The Bollinger Bands indicate a constriction, suggesting a potential buildup for a volatility breakout. Oscillator Insights: The Relative Strength Index (RSI) is threading in neutral territory, hovering around 52.69, suggesting neither overbought nor oversold conditions. Meanwhile, the Moving Average Convergence Divergence (MACD) showcases a bearish crossover, with the signal line outpacing the MACD line, potentially presaging further downside. On-Balance Volume (OBV): The OBV indicates robust buying interest over the period, reinforcing the hypothesis that NVDA's underlying trend remains fundamentally upward-biased. Speculative Price Targets: Bulls: Should the bulls regain control, a sustained push above the Conversion Line could target the psychological resistance at $900, followed by a retest of the $960 zone (recent high). Bears: A bearish scenario that sees the stock sliding below the 61.8% Fibonacci level may find interim support near $712. A breach of this floor could precipitate a retreat towards the $650-$660 area, aligning with the 78.6% retracement level. Conclusion NVIDIA's stock presents a battleground where bullish resilience and bearish pressure are at a standoff. While the technical milieu offers no crystal-clear directional bias, the confluence of support levels and sustained buying interest delineated by OBV may cushion the downside risk. Traders should brace for volatility, with the key Fibonacci retracement zone serving as the litmus test for NVDA's short-term directional tenacity. Risk management through stringent stop-loss orders is advised to navigate the forthcoming sessions' potential turbulence. Note: This analysis is for informational purposes only and does not constitute financial advice. Investors are encouraged to perform their own due diligence before making any investment decisions.by AxiomEx0
NVIDIA, Is not over yet. Lets find out why. NVIDIA, Is not over yet. Lets find out why. Lets see where is leaking from and put them together. First we need to see how much they have manipulated the data. Quarter 1, 2024 during Feb support was confirmed over Jan, 2024 as well as Quarter 4, Dec 2023, but NVIDIA clearly ignored the correct retest level . Expect as low as $522.52. Then when arrived at Feb, 2024 and March it did the same wrong moves, expect as low as $746. And more incorrect moves during early April over March, meaning expect as low as $746 range. During quarter 1, 2023 made lot of fake retest, expect market revert to the level of $424.22. May 2023 a new support was confirmed then NVIDIA made a wrong retest level, this mean expect a big drop at some point to level of $292.39 range. Now we go further down and we see it has done the same during Jan, 2023 where a support was confirmed for Nov 2022! Very naughty move! Again, Expect as low as $162.01. Conclusion: NVIDIA will still go higher after the first retest at $746, if support is not confirmed then expect $522.52. Then will go to $1,027.22, $1,108.38, $1,147.51, could even go to level of $1,36.59. This is where to expect all the above lower price happen as NVIDA Economic Cycle will end! So watch out! Shortby Skill-Knowledge-ConductUpdated 1116
*RARE* $NVDA Weekly HAMMER*RARE* NASDAQ:NVDA Weekly HAMMER After 3 weeks of red closed NVDA is looking for a huge bounce back next week 618 support is below as well I plan to fully automate my optionsby tradingwarzone112
Nvidia May Have Begun a New RallyMy 03/12/24 post noted that NVDA could reach 1157.74. On 04/09/24 it appears NVDA may have completed a shallow month-long correction. Daily Stochastic has a bullish line cross. Its possible NVDA could reach the 1150 zone sometime in the next two weeks. Longby markrivest223
101% Option Play on NVDA Today! Just wanted to share our heck of a option play that we pulled this morning with NVDA, as a projected pullback from the recent bounce and reaction from the CPI/PPI/Unemply. Data that was release this weekend. CNBC Analysts touted this as a safehaven, but I thought it was a false narrative based on the TA and what we were seeing on the charts going into the Aftermarket Session, yesterday. Pullbacks are healthy, so we exact a rebound back to the north based on the past few trading sessions. Stay Tuned for more as we move forward with providing you our Daily MyMI Option Playz at MyMI Wallet!Shortby MyMIWallet1