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...
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
Oh NVDA, NVDA and its tricks. What a disaster stock, but I still trade it daily. Let's go over what to expect next week: There is an immediate setup on the chart for a bullish continuation up. However, its minor and just saying that we will snag up to 883: That is with extended hours turned off. Extended hours really just makes a mess out of things based on...
Why the stock gained today? • NVDA is a good defensive stock to protect against high interest rates. • Competitor intel losing part of the market and disappointed Q2 forecast • AI demand from MSFT, GOOG, META, TSLA that just revealed an increase in capex this week. NVDA is backed up after last week sell-off, could it last ? • NVDA broke the bearish channel...
NVDA that was driving the market set for down.. Broken the daily MA and back to test the BO. the next halt is 610-630 level..
Immediate negative outlook for NASDAQ:NVDA with:- #1 the bearish engulfing candle, #2 accumulated volume hitting 1.9x standard deviation implying a climatic topping, #3 +4x standard deviation on the daily MACD and +5.3x standard deviation on the weekly MACD. Taken together, this looks like a climatic topping act NASDAQ:NVDA ion for a parabolic surge.
We can attempt to short NVDA from specified level if it break HL , trendline support , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
NVDA 1 week chart printed the same Fib TSI bearish signal pattern in the week of March 25th 2024 as it did in the week of November 22nd 2021. I'm going to make a bold statement and forecast NVDA stock price to be 345 by April 2025. I'm retracing this target as 346 is NVDA high price in the week of November 22nd 2021, so that would be a natural support level in a...
If support here holds at the .786 fib (light blue line) NVDA will see new ATH. Profit targets are as listed. Use a stoploss please. Also - May is historically good for semiconductors. Bullish! *this is not financial advice* please use a stoploss.
As we watch NASDAQ:NVDA for our next short trading opportunity, we have to keep in mind the unfilled daily gap around 680. After a hefty pullback we could see the stock cluster and move higher looking for a double top where a second and even bigger pullback will occur and the gap below becomes filled. With markets turning higher and only 3-4 months left until...
My NVIDIA short position first target at price around 725.
Welp.... say it ain't so... do what you want of course... I have this target by June 1st of this year. Refer to 22' Top.
Nvidia has been weak as of the last month, after a major run-up in the stock. Since we have no catalysts on the short term horizon, I am forecasting a fall back towards $700. However, in the short term we can get as high as $927 before falling back towards my target of $700. To get this sort move in the stock I will remove the purple alternative path of the...
Uptrend Rules Strong : Second closing candle above the high of the first breakout candle. Semi-strong : Price reaches above the high of the breakout candle at any point. Weak : The second candle post-breakout closes above the 34 EMA (high) of the breakout candle. Downtrend Rules Strong : Two consecutive candle closes below the 34 EMA (Low). This...
Here's a neat little POTENTIAL setup. I added a projection line. I probably shouldn't have added a projection line. It will probably make me look stupid in a few months to a year. Or maybe even right now. Depends if you like my charts or not. Or have just recently followed. This chart is a little more longer term. Do I think NVDA crashes some 32% to $620...
Executive Summary: Our comprehensive analysis of NVIDIA Corporation (NVDA) encompasses a multitude of technical indicators and fundamental data. As of the latest observation, NVDA has exhibited a mixed sentiment, warranting a nuanced approach for potential entry and exit points. The current market position presents a speculative upside target of $993.62, aligning...
Same as last NASDAQ:NVDA post. Megaphone resistance breaking or holding right now might be a bulltrap or a breakout. AMEX:SPY bounce is ridiculous btw haha. I want lower prices. Fast, otherwise tomorrow looks like squeezed shorts on the menu...
There are always two sides to every coin, heads or tails; and there are always two sides to every chart, bearish and bullish. Here we are going to be looking at the signals for the NVDA stock on both sides. Nvidia was already a massive company thanks to its chips and cards but with the advent of Cryptocurrency it become #1. Now we have this situation where the...