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 Trader
NVDA
NVIDIA $NVDA | NVIDIA WEDGE BREAKOUT SOON - Sep. 20th, 2024NVIDIA NASDAQ:NVDA | NVIDIA BREAKOUT SOON - Sep. 20th, 2024
BUY/LONG ZONE (GREEN): $118.25 - $130.00
DO NOT TRADE/DNT ZONE (WHITE): $114.75 - $118.25
SELL/SHORT ZONE (RED): $103.75 - $114.75 (can be extended to $92.00)
Weekly: Bullish
Daily: Bullish
4H: Bullish
NASDAQ:NVDA looks choppy and very ranging, but is consolidating towards a zone that has been tested roughly seven times. Bulls should be looking for price to pinch and breakout above $118.25 towards the $130.00 price area, or bears can look for price to pinch and breakdown below the $114.75 level towards the $103.75 area. Bears can also look for price to drop to the $92.00 area that had started the previous bull rally. Despite my three main timeframes indicating a bullish trend, I would be happy with a fast move in either direction.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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NVDA SWING BUY Following my Market analysis where I consider the market can bet the ATH, with strong crypto.
NVDA looks very well for the fundamentals and technical.
Defined a clear wedge in the High time frame, Breakout and now consolidating above the down trend, Looking for a potential Target as ATH or even Higher.
NVDA: The Next Inflection Point! (D&W charts)Since our last study on NVDA, the price has successfully held above its critical support points, and we now see a good recovery.
The “Above the Stomach” pattern that we identified last month has been triggered, and NVDA is now looking for its next resistance levels.
The link to our previous analysis is below this post, as usual.
Daily Chart (Left):
Higher Highs and Higher Lows: The price is forming a series of higher highs and higher lows, which is a classic bullish trend pattern. This suggests strong upward momentum, with buyers stepping in at each retracement.
Resistance Level at $131.26: The next key resistance level is $131.26. This price point coincides with a previous peak and also aligns with a broader resistance zone observed on both timeframes (D and W charts). If the bullish momentum continues, the price could retest $131.26, and even if it materializes a pullback to the 21-day EMA wouldn't ruin the bullish sentiment.
Weekly Chart (Right):
Above the Stomach Pattern: The weekly chart shows a recent bullish reversal pattern known as "Above the Stomach." This pattern, which we deascribed in our previous analysis, suggests a potential shift from bearish to bullish sentiment.
Pivot Point at $131.26: The $131.26 area has been highlighted as a pivot point on the weekly timeframe, representing a key decision zone. A successful breakout and close above this level would likely trigger a more significant rally.
Ascending Channel: NVDA is trading within an ascending channel, maintaining its bullish trajectory. The lower boundary of the channel has acted as reliable support, suggesting that the long-term trend remains intact as long as the channel is respected.
Conclusion:
NVDA is showing strong bullish signs, supported by the formation of higher highs and lows on the daily chart and the validation of a bullish reversal pattern on the weekly chart. The main level to watch is $131.26, as a breakout above this point could accelerate the rally. For those seeking a longer-term perspective, maintaining the trend within the ascending channel is crucial. If $131.26 is broken, the next potential target could be the ATH.
NVDA Wave Count: Wave 3 Targets Above $125, Breakdown Below $123Hey traders, it’s Mindbloome Trader here with an NVDA wave count from the 4-hour to 30-minute chart. If we break above $125, we’re aiming for wave 3 on the upside. But if we drop below $123, we could see more downside action. Stay sharp and trade what you see!
NVDA Key Levels: Long Above $125.17, Short Below $123Hey traders, Mindbloome Trader here! Just sharing my latest NVDA chart—if we break above $125.17, I’m going long. But if we dip below $123, I’m ready to short. These levels are key, so keep an eye on them. As always, trade what you see and stay sharp!
NVDA Breakout Setup: Long Above $125.17, Short Below $123!Hey traders, Mindbloome Trader here! In this video, we’re zooming in on NVDA from the 4-hour to 30-minute charts. It’s simple—if we break above $125.17, I’m going long. But if we drop below $123, I’m ready to short. Watch the levels and trade what you see, not what you think!
NVDA Breakout: Key Levels to WatchHey traders, it’s Mindbloome Trader here! In this video, I’m breaking down NVDA from the weekly to the 4-hour chart. We’re at a crucial point—if we break above $125, we could rally to $127-$129. But if we slip below $122, watch for a drop to $120 or lower. Stay sharp and remember—trade what you see, not what you think!
Weekly Recap & Market Forecast $SPX (Oct 6th—> Oct 11th)Looking Ahead:
Next week will bring several key events:
Monday: Fed Speak; Nvidia AI Summit ( NASDAQ:NVDA )
Tuesday: PepsiCo Earnings ( NASDAQ:PEP )
Wednesday: Fed FOMC Minutes; 10-Year Bond Auction
Thursday: CPI Inflation, Jobless Claims; Tesla Robotaxi Event ( NASDAQ:TSLA )
Friday: PPI Inflation, Consumer Sentiment; Bank Earnings ( NYSE:JPM , NYSE:WFC , NYSE:BLK )
As we move forward, these developments will be crucial in shaping market sentiment and guiding investment decisions. If you have any questions or need further insights, feel free to reach out. Here’s to another week of informed investing and strategic decision-making! 🌟
NVDA price bounced exactly at the green zone, around 115.25. WOWThe price bounced exactly at the green zone, around 115.25. WOW, do you remember my analysis of Nvidia from last week? I can't even believe it myself; it was incredibly accurate!
Every time I apply price behavior with price action, I always remember the words of my mentor, Al Brooks. He told me: "Just remember, Mike, price action is ALWAYS RIGHT."
I believe that it's the trader who makes mistakes, not the price action, because it will always be on the correct side.
That’s why I always recommend drawing trend lines, channels, and minimizing the use of indicators that might make you see something different. This way, you'll be more accurate in your decision when executing an order.
Going back to Nvidia...
There’s something about the last candle that has me a bit uneasy. This can be very misleading because the price HASN’T BROKEN THE CHANNEL YET! The advantage we have here is that the last candle shows a buying pressure wick, but it hasn’t fully broken out of the channel or shown volume yet. However, I still believe that Nvidia will likely break out at any moment because it bounced off my green zone, as we said in the previous analysis (well before), and it didn’t even reach the #4 sequence, which would have been at the channel’s support.
Now, we just need to wait for a breakout confirmation. But what will happen after it breaks out?
We’re looking for an N3 pattern.
An N3 pattern involves three movements:
#1 Breakout and New High
#2 Pullback and Rebound
#3 New Extreme
That simple.
Will it happen? No one knows for sure. The next step is the breakout, and after that, we let the price do what it needs to do so we can position ourselves for the next move.
Stay very alert this week!
Best regards, and thank you for supporting my analysis.
650, BE THEREThis has the upside potential to be 650, before that happens it could dip towards 450 which will be a big buying opportunity. Whether it hits 450 or not, most likely it will test its all-time highs which is 30% upside potential from current price.
Happy Trading!! Not a financial advice.
Trade Idea -- NVIDIA Corporation (NVDA)The chart of NVIDIA (NVDA) is showing a potential breakout setup from its current consolidation. The stock is trading within an upward channel, with resistance levels marked around 127. A breakout above 127 could signal the start of new bullish momentum, potentially leading to a continuation of the stock’s longer-term uptrend. This level has been tested several times, and a strong move above it may trigger further buying interest, especially if accompanied by rising volume. The trend line support below offers a key area to watch in case of a pullback before any breakout confirmation.
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NVDA price has shifted on monthly data -- not favoring BULLS.NASDAQ:NVDA (NVIDIA Corporation)
Shorter's paradise.
Monthly shift has been spotted. NVDA needs to break 500 to preserve hope for upside continuation. Otherwise, the other side will be their season.
If breakdown continues, a target at 300 levels is the goal. I'm still hopeful for a turnaround.
Net negative volume is quite significant conveying bear dominance.
Spotted at 430
TAYOR
Safeguard funds always.
30 Min- 5 Min NVDA We are Going Up But to Where ???? Good morning Traders
Everyone has a coffee in hand lets get into it
So in the video I break down a bit more wave counting, a few projections on where we are going up and where we might encounter some resistance plus our thesis is still in check on hitting 128-129 zone like we discussed before.
Enjoy
MB trader
AAPL: 25% Correction / Liquidity Gap at $175🔸Hello traders, today let's review 12H price chart for AAPL/Apple.
This is advanced technical trade setup based on historic price fractal.
🔸AAPL currently entering distribution at the top stage with
distribution defined by the ABCD fractal. Same price fractal
was observed in the market in Dec21/Jan22 before a subsequent 25%
market correction in AAPL.
🔸ABCD ongoing distribution defined by range highs at 230 USD
and range lows at 205 USD. Once we complete the ABCD structure
expect a sharp mark-down in price / correction from point D into
point E near 175 USD liquidity gap / open gap will drag price down.
🔸Recommended strategy AAPL traders: Advanced traders may
short AAPL / buy May 2025 LEAP put options. No valid strategy
currently for the bulls, it's best to wait until liquidity gap gets filled
later in Q1/Q2 2025 before buying low at/near 175 usd.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Nividia: Will we reach 128.70 ? I Believe We CAN Good morning Traders
MB Trader here checking into see how everyone is going
So the game plan today is:
1) Do some wave counting; we all love a little bit of wave counting to figure out where we are in the market
2) Do some projections figuring out where are we going up ?
3) Do some micro projections to figure out the different areas of resistance and where that will be
Enjoy traders and remember I love your comments, feedback and anything else you want me to make videos on
Happy Hunting For Those Trades
Remember trade what you see not what you assume
MB Trader
Nvidia Stock Analysis: Demand for AI Chips Fuel Bullish MomentumNvidia’s meteoric rise in 2024 has been nothing short of remarkable, fueled by the surging demand for its AI chips. Nvidia CEO Jensen Huang described this demand as "insane" during an interview with CNBC, sparking even more excitement around the chipmaker’s stock. As of Thursday's premarket trading, Nvidia shares are up 1.91%, and all eyes are on the company’s continued growth potential.
Insane Demand and Strategic Partnerships
Nvidia (NASDAQ: NASDAQ:NVDA ) has emerged as a global leader in AI infrastructure, with its next-generation Blackwell AI chips driving much of the growth. Huang's comments highlight the unprecedented demand for these AI chips as companies across various industries race to build out their AI capabilities. Nvidia’s strategic partnership with IT consulting firm Accenture is another critical factor driving growth. The collaboration aims to help businesses implement AI-powered solutions using Nvidia’s cutting-edge technology, further extending Nvidia’s reach into the enterprise AI market.
This partnership underscores Nvidia’s ability to build an ecosystem of AI-driven businesses, drawing comparisons to tech giants like Microsoft and Oracle. By expanding its AI infrastructure, Nvidia is ensuring its long-term dominance in the AI space, and investors are responding in kind. Nvidia’s stock has surged 140% year-to-date, far outpacing expectations.
Strong Financial Performance
Nvidia’s financials remain impressive. The company has consistently outperformed Wall Street’s projections, driving a rally in its stock price and contributing significantly to the broader market rally in the S&P 500. The expanded partnership with Accenture further solidifies Nvidia’s position as a dominant force in the AI landscape. Additionally, demand for AI chips from companies and governments alike continues to rise, making Nvidia the go-to choice for building AI infrastructure.
Nvidia’s massive year-to-date gains have been driven by demand across various sectors for AI solutions, cementing its place at the center of the AI revolution. This success is only expected to continue as Nvidia rolls out more advanced chips and expands its partnerships.
Technical Outlook
From a technical perspective, Nvidia’s stock is showing signs of even further upside potential. After peaking in June, NASDAQ:NVDA has been consolidating within a symmetrical triangle pattern—a classic chart formation that suggests a period of consolidation followed by a significant move in the direction of the prevailing trend.
This pattern is a bullish signal, especially given Nvidia’s already strong uptrend in 2024. If Nvidia’s stock breaks above the triangle's resistance level, the technicals point to further upside. Key price targets to watch are $128 and $139
### **Support Levels: Key Breakdown Area to Watch**
Despite Nvidia’s strong bullish momentum, it’s important to consider potential downside risks, particularly in light of the stock’s history of price fluctuations. The key support levels to watch are $110 and $97, which aligns with a trendline linking the March peaks and the 200-day moving average. This area could provide a safety net if Nvidia (NASDAQ: NASDAQ:NVDA ) faces short-term selling pressure.
Conclusion
Nvidia paints a compelling picture for long-term investors. The ongoing surge in demand for AI chips, coupled with Nvidia’s strategic expansion into enterprise AI through partnerships like the one with Accenture, sets the stage for continued success.
With Nvidia’s stock forming a bullish symmetrical triangle pattern and key price targets pointing to significant upside, now may be the time for investors to ride the wave of this AI-powered growth story. However, investors should also be mindful of potential support areas in the event of short-term volatility. All in all, Nvidia (NASDAQ: NASDAQ:NVDA ) is primed for continued dominance in the AI chip market, and the stock's technicals suggest there's more room to run.
TSLA: 125% gains Best Level to BUY/HOLD 🔸Hello traders, today let's review 4hour price chart for TSLA.
Currently a mixed package overall with limited upside potential,
I don't recommend entering any buys at current price.
🔸Ongoing accumulation since May 2023, significant lows printed
in April 2023 / 2024, so I'm tagging April 2025 as a potential reversal
for TSLA / bottom buying near range lows totally makes sense.
🔸Accumulation range defined by range lows at 175 usd
and range highs at 255 usd. premium prices below at 145/165
and above at 280 and 305 usd.
🔸Recommended strategy bulls: expecting pullback based on measured move projection set to extend further down towards 175 usd. currently
trading at 250 usd, no entries recommended on buy side. This is a
trade setup for patient traders. may take more time to develop.
conservative target is 350 USD, so +125% gains off the lows.
🔸Finally, check out the TSLA related story below and let me know
in the comments section if you'd like to get more updates like this.
Don't forget to follow/like/comment, this is much appreciated.
Year 2030. Tesla coupe safely lands on Mars. Exploration mission
starts in April 2030.
▪️ In this fictional tale in 2030, Tesla founder Elon Musk and his wife Grimes make a historic landing on Mars, marking a new era in space exploration.
▪️ Upon arrival, they establish a settlement called "New Teslaville," aiming to turn it into a sustainable colony for future generations.
▪️ Their first day involves setting up essential infrastructure, including solar panels, an oxygen generator, and a Mars rover.
▪️ The next day, they plant a Tesla flag on Mars, signifying humanity's first successful landing on the red planet.
▪️ On day three, Musk shares a heartfelt message about the importance of space colonization for humanity's survival.
▪️ After a successful first week, they receive a message from Earth, indicating the start of the "New Mars Era" and their status as the first Martian settlers.
▪️ The couple ends their week by enjoying the Martian sunset in a Tesla coupe.
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.