Short NVDAShort NVDA, made some $ on a short a few weeks ago but got stopped out a few times also. Slight loss on my NVDA trades last few weeks but am starting to short again here. Not Advise.
Nvda_analysis
NVDIA 4HR- Pull back Very LikelySorry for the small screen, but this is pretty straightforward. Bearish Divergence on MACD (not shown cause screen size) along with price action showing slowed momentum when trying to push through the very local high ie. Double top.
I would try to catch the bounce at the EMA and or anything within the 0.326-0.618 fib retrace area for all you swing traders out there.
Simple, predictable price action.
You shall respect the TA, while the weak fall down the wayside.
-b
Nvidia -> Slowing Down And Now?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Nvidia 💪
Looking at the monthly timeframe you can see that after Nvidia retested previous support and the 0.786 fibonacci retracement at the $110 level, there was a solid rally towards the upside.
Also on the weekly timeframe you can see that we had a juicy inverted head and shoulders reversal pattern and I pointed out all the reasons why I do expect the upcoming pump of roughly 120% towards the upside.
Looking at the daily timeframe now you can see that Nvidia is a little bit overextended is also slowing down with momentum so there might be the possibility that we will see a short term correction after Nvidia actually breaks the current uptrend line.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
Short NVDALotsa people hiding in this beast. Been short for a bit. -1.5% on the short but adding, 50% position. Medium size. No stops yet. Not advise
NVDA Showing Bear Divergence Momentum Building#NVDA Take profit here or keep moderate to tight stop loss. Bear divergence building on the RSI 144 fib lookback on the 4H chart.
Look to buy back in at support trend line or wait patiently for the bear divergence trend line to break out bullish.
Forgot to publish this beautiful NVDA diamondShorted the diamond, it played out beautifully. Always trade a diamond on a timeframe 4h or longer, long or short.
Ninja Talks EP 22: 500 Followers!First off thanks for 500 followers, seems people like my Ninja Talks, so I'll keep um coming.
In today's episode I want to talk about two types of anger traders go through in the market, one makes you win and one makes you lose.
* Anger Numero Uno
The first is pure rage, complete emotionality and it's what the majority of traders even seasoned pros know very well. In poker this would be called "tilting", in trading it's the same shiz it's just the catalyst appears different, they see cards we see candlesticks. Anyway back to the rage, quick story; many-o-moons ago I tilted and blew up my entire trading account (which was basically my entire net worth at the time), I screamed and rubbed my face so aggressively I dislocated my jaw! It's still not 100% aligned years later. This is the brutality of giving into the 1st anger, it takes no prisoners and will at any moment dash your emotional AND physical well being 1000mph at the wall until you learn to master it.
* Which brings me to the second Anger.
The second Anger, if verbalised, would sound something like "That's it! Let's fuc🤬ING go!", it's a "game on" mentality, not tilted but ready - you understand you're down, but your not giving up - you remain calm but awake.
I'll give you an example, back in the day I had an MMA fight after not training for two years. Completely out of shape I took the fight on one week's notice lost 15lbs and jumped in there underweight, depleted, injured and weirdly stupidly confident. Round one begins and I'm tired after just 1 minute, the "gentlemen" across from me realising this proceeds to plod forward and tee off on my baldy head and skinny legs, but then something happened - my mind snapped out of it and basically said "Enough! Let's fu🤬ING go!" - I walked forward angry but calm saw his incoming kick grabbed it mid air, diverted it to my right and threw a rear high kick slapping the "gentleman's" temple "CRACKKKK!!!" and down he went, the fight was over just like that.
Here's the thing...
Understanding the difference between these two angers are a defining factor between winning and losing in the financial markets, yet very few learn from their outputs and instead point the finger outwardly at others, don't be that guy and instead learn to channel anger into determinative action.
Make sense Ninja?
Channeling rage (especially as a man) is one of our most potent potentialities, but it must be intentful and purposeful and preferably positive if we want to capture it's true essence.
Meditate on this Ninja.
I'll see you in the next ep!
Follow for more.
Healthy Pull Back or More Downside? QQQ SPY Big 6 Tech Analysis- QQQ & SPY potential bearish pattern H&S forming
- Still a very healthy consolidation pull back at the moment
- TSLA 4 hour time frame 12 EMA full bull control guide
- NVDA rising wedge pattern is my guide
- GOOGL daily downtrend potentially shaping up
- AMZN similar to GOOGL cant get out of its chop box zones rejected resistance again today
- MSFT starting to pull back enough that if next bounce is shallow might start to shape up more downside
- AAPL strongest of them still very shallow pullbacks and healthy at the moment, 12 EMA 2 day time frame absolute full bull control
Detail Price Level Trend Guide | NVDA TSLA AAPL AMZN GOOGL MSFT- NVDA short term 15m time frame bull break lacking follow through then weaker compare to QQQ into end of day on Friday
- TSLA still relative stronger than QQQ gap filled 4h 12 EMA still full bull control guide
- AAPL zero red flags trading around ATH, 2 day time frame 12 EMA full bull control guide
- AMZN weaker of the big tech closed right at support into end of day potentially may break below it on Tuesday
- GOOGL weakest of the big tech, may form a daily downtrend if we break prior pivot 121 level
- MSFT similar to AAPL trading in ATH range, no red flags yet need to confirm hourly downtrend for bears, for bulls still in full control.
$NVDA headed for a reversalNASDAQ:NVDA headed for a reversal. Looking at candlestick patterns on 15th June 2023, NVDA is losing steam and trend reversal is suggested. Some other indicators are also bearish. The near term resistance levels I see are $438.14 | $446.31 | $462.62
By the end of August 2023 I would not be surprised to see NVDA trading at or below $350
*Disclaimer*
The information is purely for *entertainment* purposes, and is not meant to be, and does not constitute, financial, investment, trading, or other types of advice or recommendations. Do Your Own Due Diligence (DYODD)
Short NVDAJust a matter of time. Lots of people hiding in this stock, they will sell. Nibbling at shorts, tight stop. Will get stopped but eventually I wont get stopped with size. Not advise.
NVDA TSLA AMZN GOOG MSFT AAPL QQQ Sp500 Detail Price Level Guide- NVDA ATH in price discovery mode
- TSLA relative weaker than QQQ today potentially need some consolidation for the bulls after a fast move.
- GOOGL weakest of all Tech still in range for potentially daily bearflag
- MSFT AAPL testing 52 week high resistance
- QQQ zero signs of bear still, need AT LEAST an hourly downtrend for anything to happen
- SPY weaker than QQQ today but zero red flags still at the moment same thing n
Nvidia's runaway gap could keep it king of the NasdaqWhilst Meta platforms has closed the gap with Nvidia in terms of YTD performance on the Nasdaq 100, Nvidia remains king of the crop having climbed over 170% from its 2022 low.
Prices blew past their previous record high set in 2022, and since consolidated around the current cycle highs. An initial inspection of the higher timeframes suggests it could be 'overbought' - at least over the near-term. But to expect a solid reversal of gains would likely require the combination of a broader market downturn alongside loss of confidence in AI (with the latter feeling unlikely at present). Therefor, a broader market downturn could simply provide the catalyst for a pullback and for AI-bulls to load up at more favourable levels. And if a downturn does not occur? We could be looking at a breakout from its current consolidation.
Assuming the recent swing lows hold and prices break higher, it could trigger another bout of technical buying from those who identified the 'runaway gap'. Such gaps tend to appear around the midway point of a strong trend, and mark another round of strong buying as those who missed the first move cannot sit on their hands any longer. And with the AI frenzy unlikely to peter out for some time, perhaps a bullish breakout isn't so crazy (even if the charts suggest it could be overbought by some measures).
Buying NVDA? You are exit liquidity Beyond the trillion dollar market cap resistance and the PR dump, some charts show why now is not the best time to buy ( Price target $300 EOY ). If the top isn't in already, we are close. First shown, the daily macd is about to flip, as it similarly did after the previous all time high.
Next is the separation from the weekly ema ribbon: Similar separation to the previous all time high.
Finally, there is a >15% gap that is still lurking below, waiting to be filled:
Seems to be trading on a similar cycle to bitcoin:
NVIDIA to infinity and beyondLooking for an extension into wave 3 as we seem to be having every pullback to be supported.
Take a look at the link on the nasdaq to see how I predicted the current bull run.
Questions are more than welcome, trade safe!
NVDA WEEKLY ANALYSIS we will see a reversal of the price to fill ( Fare Value Gap ''FVG'' ) after we will see a continuation of the upward trend or we will see a change in the downward trend
TSLA NVDA AAPL | Market SPY QQQ Detailed Trend Guide- Tesla TSLA broke above monthly uptrend today, and lacking a little follow through due to QQQ being flat, although there is still 25 days left in the month so still got time.
- Nvidia NVDA forming a 4h equilibrium, also potential H&S
- AAPL looking like sell the news, potential blow off top but need a lot of a bigger drop for it to be a blow off top.
- SPY and QQQ testing golden pocket ratio zone resistance.
TSLA NVDA AAPL MSFT GOOGL AMZN Detail Trading Guide with Levels- most of all these big tech stocks and market itself are due for weekly consolidation so the most likely scenario for me in the next coming weeks is more so a sideways or slight dip action.
- the size of this consolidation pull back will determine our next move
- Tesla about to form its first monthly uptrend since ATH
- Nvidia potential 4h head and shoulders pattern
- AAPL & MSFT potentially testing ATH
SMH NVDA SPY & QQQ | Long Term Outlook Resistance Guide- SMH weaker than QQQ today potentially setting daily lower high but bears need more follow through at the moment
- NVDA still potential 4h head and shoulders pattern if we confirm more downside
- SPY very nearing 0.618 fib resistance we saw some money rotate from tech into SPY in the last two days making breath better
- QQQ bull flag confirm still super strong every trend is healthy no closed just at the golden pocket resistance. Most likely scenario is weekly consolidation in the next coming weeks.
$NVDA $AVGO $SPY $QQQ | Support & Resistance Levels Guide- NVDA potential 4h Head and shoulders 400 is key resistance zone
- AVGO slight beat red after earnings due to it running too much into earnings
- SPY rising wedge pattern breaking soon
- QQQ potentially confirming a daily bull flag if we break the high of Tuesday.
Nvidia -> The Final ConsolidationHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction.
You can also see that we do have the next previous resistance zone which is now turned support exactly at the $325 area so I am now just waiting for Nvidia to actually retest this zone and then I do expect more continuation towards the upside.
On the daily timeframe you can see that Nvidia stock is currently stuck in between support and resistance - nothing too interesting for now, I am just waiting for a break below the previous support area at $375 and then I do expect Nvidia to fill the gap and retrace back to the $325 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
⭐NVIDIA - Best Buy of the Decade? ⭐⭐⭐⭐NVDA stock has massive growth prospects and its strong fundamentals prove it.
Not sure about the 'Best Buy of the Decade' part but it is definitely a STRONG BUY!
- acquisition of the UK Based Arm. Once this deal closes, Nvidia will enjoy a competitive advantage in the industry. It also will become a major player as a provider for the chip industry and will rule the world of AI.
- Nvidia is making its presence felt across several industries (AI, gaming, crypto mining, defense, electric cars, everywhere NVIDIA) and the demand for its chips is only increasing each quarter
- NIO partnership to Develop a New Generation of Automated Driving Electric Vehicles
- ⭐STOCK SPLIT in 5 days (July 20th)⭐⭐⭐⭐
⭐NVIDIA(NVDA) has announced a four-for-one stock split – to make stock ownership more accessible to
employees and investors. Each shareholder as of July 20th will receive a stock dividend of three additional
shares.
⭐This is like a Cash Dividend but in a form of stock, and it dilutes the high share price while the market cap
and fundamentals remain the same. Starting July 21th , trading will be done on a stock split-adjusted basis.
⭐NVidia split stock means that new investors with limited capital can afford purchases of
NVidia's stock. This potentially provides a significant boost to public involvement and
therefore higher Demand for NVidia shares leading to potentially higher prices,
⭐Take a look at TESLA split and you will probably agree with the statement (Tesla had a
stock split a year ago and its obvious from the chart – it was huge success to Shareholders.
Price went up almost 80% In a matter of 3 weeks, and then after period of consolidation price went up for a New All Time High, banking extra up to 125% for its shareholders.
Therefore, As history repeats –We can potentially expect similar results from NVDA split.
We can buy and hold or you can trade it. I will do both and for sure it will be a fun occasion and I doe xpect a dip to buy when the price will consolidate. That's the best part of the deal fellows.
I am LOVING it,
the FXPROFESSOR
