AD showing a Bear Flag, currently ascending to $315 price targetThis is a bullish set up.. Full disclosure I have no position Currently..
1) I would like to see price action get above the current resistances level, and close on good volume.
2) Currently I see this level as $263-$265 range, set by the AD
3) look for previous resistances to act as support.
4) Supply Demand is near/above $340, notice the Bear Flag is not above this level. This is telling me not enough "Smart Money" has committed to this trade fully
5) Price Action is responding to the AD resistances level (look left)
6) Price action has to get above $287 to invalidate the Right Shoulder
Not trading or investment advice. I was asked to chart and show my technical analysis from the AD view and Money flow.
Nvda_analysis
NVDA: When Bull? (Monthly Chart)The importance and relevance of chips and their relationship with Artificial Intelligence
is not lost on me but with geopolitical tensions on the rise, Government "Chips Acts"
enacted around the world and economic conditions tightening in the shadow of the pandemic,
I think it is going to take time. The next months and couple years could be incredibly volatile and
we might not see a true break out until 2025.
SasanSeifi 💁♂️NVDA / 1D ⏭ $266 /$285? HI TRADERS ✌The possible scenario of NVDA is specified. As you can see, after breaking the downward trend, the price was able to grow up to the range of 230 and after a little price correction, it started to grow again from the range of 204. Currently, the price is in the range of $238 due to the breaking of dynamic resistance and pullback to the level of dynamic resistance. We can expect the price to continue to grow to the range of $266 and $285 and see a new HH.
Important support ranges are $220 and $196.
❎ (DYOR)...⚠⚜
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NVDA & NSADAQ Key Resistance Analysis into FOMC Wednesday- Personally i think NVDA is overvalued but markets can stay overvalue for longer than you think and vice versa
- if we do get a quick reversal here from NVDA than it would be a bull trap right no zero signs of that.
- strong 15m EMA 12 guide for NVDA
- NVDA outperforming SMH and QQQ
- NASDAQ broke above resistance no follow through
- SPX did not break above resistance need both to break.
- AMD ER tomorrow AH
Semi Sector Analysis | $NVDA $AMD $SMH | Support & Resistance |- NASDAQ:NVDA still lead bull in the NASDAQ:SMH sector you can see AMD already has been dropping
- NVDA clear resistance 280 rejected multiple times
- SMH holding above its weekly support, 13 cents away from breaking on Friday.
- NASDAQ:MSFT and NASDAQ:GOOGL ER Tuesday AH will drag SMH which everyway the earnings come in.
NVDA Future Long Term Outlook | $QQQ | Bank Earnings kick off- NASDAQ:NVDA shaping up a H&S bearish pattern on daily time frame
- NASDAQ:SMH / SOXX semi sector relatively weaker than NASDAQ:QQQ & $NASDAQ. that's why im still holding onto SOXS
- When lead bull sectors starts to turn into more bearish we have to be careful with the other sectors. So far it is showing relative weakness but not too big of a divergence yet.
- Bank earnings will not directly effect QQQ and SMH but will indirectly effect sentiment and if SPY drops a lot so will tech stocks and vice versa.
NVDA - Cup and handle pattern breakoutWhat we can see on the chart is a cup and handle pattern. The price is just breaking out so it's a time to take a long position.
Target: 269 $
MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA.
Moreover, the price has been on a higher lows trajectory. Easy long.
Good luck
Nvidia and USD pairs analysis for next weekUSD is showing strength right now after Powell decided to raise interest rate. I believe NVDA is very good stock but it is considered way overpriced right now. So I will sell it to but it later at cheaper prices hopefully under 100. We also have very good setups in USD pairs due to that strength in the USD that I think may work well for the next month or 2 monthes. Happy to hear any feedback.
2 roads ahead for NVDAMy take on NVDA from an Elliott Wave perspective. Maybe it will help someone.
After clearly an impulse wave down who finished on 13th October 2022 that's intermediate wave (A)
we have 2 scenarios:
Scenario nr 1: Bearish
We have an ABC zigzag pattern finished.Why?
We have multiple Fibonacci ratios pointing for a top in NVDA.one of them 1.618multiple for minor wave C.
If this is the right count what we need to see further is an impulsive wave down for intermediate wave (C)
Scenario nr 2 Bullish
This Fibonacci ratio of 1.618 is almost a trademark for wave 3 in an impulse wave.
So key levels here to watch are 0.236 and 0.382 retracements. If this is a shallow time consuming retracement with all the signs of a wave 4 we will still have wave 5 to go.
What do you think?
Legal Disclaimer: The information presented in this analysis is solely for informational purposes and does not serve as financial advice.
NVDA SHORT!! HIGH Probability Retrace to $200NVDA has been on a tear higher lately as has all of Tech despite the Banking failures. It seems everyone thinks Tech will outperfrom with lower yields. What people are failing to realize is that Lower yields are a sign of a flight to safety in BONDS and this implies a POOR Economic outlook. One of the 1st sectors to get his hard in a recession is TECH.
Here NVDA is up against MAJOR Resistance on multiple time frames and notice all of those resistance lines converge between $255-$270.
Several Broken trendlines are shown and notice that price has retraced to the "scene of the crime". Now Broken Support of those trendlines become a test of Resistance. With TL resist and Horizontal Resist all in this area this is a great area to SELL into the rally.
SHORT NVDA at anything > $257.
ADD To shorts up to $270 level.
Max position is 10-11%% Capital in trade.
This risks 1% if a CLOSE > SL = $280.16.
Downside Target Price ~$200.
2.49 Reward:Risk Ratio
Trade what you see!!
NVDA hitting weekly and monthly resistance nowWe talked about the price to target another 30% when it was around 200 based on the structure. The price has now hit that zone of 263. Now that completes the inverse H&S setup we saw and talked about when price was around 200. Now a weekly as well as a monthly resistance are sitting around this area (260-280) as well. This has a potential to push the price down. It is favorable to offload any long position here and wait for the price action to guide the next step.
NVDIA Trade Plan (March April Challange)There is a direct correlation between the stock share of the NVDIA and the BTC, because NVDIA produces graphics cards and is one of the biggests company in builiding the raw material of mining crypyo rig, so if bitcoins goes up the nvdia will also go up because there will be increase in the demand of graphics card, to use a example the correlation of the BTC and NVD is the same of a wood furniture and the price of wood, if the wood goes up the price of a wood furniture will also go up. Here we are prepared to a two setup trade the first is where it goes to a resistance point and falls after the RSI indicating a Bearish Divergence and this is indicated by the orange arrow, the black one is if the price don't to go up to the resistance and falls before reaching it, so basicaly we are preparing to a bearish move that is happening because of a RSI Divergence and a weak BTC.
Nvidia -> Time To Fill The GapHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Nvidia stock just had a massive rally towards the upside, just the past 70 days the market is up about 75%.
You can also see that during this long move towards the upside, we didn't really have any weekly correction towards the downside, so from a weekly perspective I do expect at least a short term correction to retest the next weekly previous resistance area, which is now turned support.
On the daily timeframe you can see that Nvidia stock is starting to create resistance at the current $235 area, so from here it is quite likely that we will see a short term correction towards the downside to retest the next previous daily support zone, which should be turned support once again.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
NVDANVIDIA (NVDA) Stock Price Prediction And Forecast 2023 – 2030
Baarish deep crab pattern is a technical analysis pattern used to predict price reversals in the stock market. The pattern is identified by a series of price movements that form a distinctive shape on a chart, resembling the shape of a crab. The pattern is called "deep" because the price retracement in the pattern extends deeper than a typical crab pattern. In this article, we will examine the potential completion of a Baarish deep crab pattern in the Nvidia
corporation, with the expectation of a reversal at $244.
NVIDIA (NVDA) Nvidia corporation
The Nvidia corporation ( NVDA ) is a well known American multinational technology company that specializes in designing graphics processing units (GPUs) for the gaming data center and professional markets. Nvidia's stock has been on a steady uptrend since the market crash in March 2020 with the stock price rising from $190 to a high of $317 in September 2020. However since then the stock has been trading in a range between $317 and $238 with several attempts to break above or below this range.
In recent weeks, the Nvidia stock has been exhibiting a potential Baarish deep crab pattern, which could signal a trend reversal. The pattern begins with an initial decline in price followed by a significant rally, forming the A and B legs of the pattern. The B leg is typically a retracement of the initial decline with a Fibonacci ratio of 0.618. In the case of Nvidia the ( B ) leg retracement is deeper than usual, with a Fibonacci ratio of 0.886.
( A - B ) ( C )
The pattern then continues with a decline in price, forming the C leg of the pattern. The C leg is typically a retracement of the( A - B )leg with a Fibonacci ratio of 0.382. In the case of Nvidia the C leg retracement is shallower than usual, with a Fibonacci ratio of 0.618.
( B - C ) Potential Reversal Zone ( PRZ ( D )
The pattern's completion is marked by the formation of the D leg, which is a significant decline in price, extending beyond the initial decline in the pattern. The D leg is typically a retracement of the entire pattern, with a Fibonacci ratio of 1.618. In the case of Nvidia, the PRZ (Potential Reversal Zone) of the ( D ) leg is almost complete with the Fibonacci Extension ratio reaching 1.618.
Targets
Based on these technical indicators, we can expect a potential trend reversal in Nvidia's stock price, with a target price of $194 (0.382 Fibonacci ratio off AD) and $161 (0.618 Fibonacci ratio off AD). However it is essential to note that technical analysis is not always accurate, and other factors such as market sentiment, news events, and economic data can also influence the stock's price.
Conclusion
The Baarish deep crab pattern in Nvidia corporation is a potential indication of a trend reversal, with the completion of the PRZ of the D leg almost complete. The Fibonacci ratios of the B and C legs in the pattern suggest that the retracements are deeper and shallower than usual respectively. The target prices of $194 and $161 based on the 0.382 and 0.618 Fibonacci Retracement ratios off AD respectively are potential areas for investors to take profit. However, investors should exercise caution and consider other factors that could impact the stock's price.
NVDA: The ultimate bubble stock?If there is ever a sign that there has been NO capitulation in this stock market, $NVDA has to be it because we still have uninformed reckless BTFD behaviour. Last night post-earnings price action was a case-in-point. Consider this, between Jan 2019 to Feb 2023, the stock has gone up c.8x while eps remains approximately the same at $1.76 for FY ending Jan 2023 vs. $1.70 for FY19.
Yesterday, punters pushed the stock +14% to reward $NVDA for achieving 0.2% yoy revenue growth, a 1/3 drop in EBITDA margin from c.45% to c.29%, eps declining c.37% yoy. The end result is $NVDA current shareholders pay c.3% over US 10-yr risk-free rate for the right to own this stock and get 0% free-cash-flow yield on c.81x EV-to-T12M EBITDA valuations.
Yes, AI is the future, $NVDA mentioned it 75x in its earnings call, but the numbers don't lie. In the meantime, after the +14% pop, price action is now at a 1.27x extension into a 0.618x retracement level with a key price volume resistance level and overbought MACD. The posVol indicator in the lower pane basically measures % volume traded in the past month that can be attributed to green days and yes, it is gone over the edge and is mean reverting.
Good luck to those who dared, best of luck to those with patience, as usual, stay safe and happy hunting!
NVDA bullish continuation?$NVDA soars before market opens after beating the earnings estimates. it also got a price upgrade from few analyst from 225 to 255 or 275
below is my key level for day trading entry and exit.
NVDA average price move per day is $7-$10 per day depending on market volatility and catalyst.
Below is the price level I'm looking for entries and exit for TSLA:
Buy call above 237.87 and sell at 242.49+ or above
Buy puts below 232.12 and sell at 227.35 or below
make sure that you set up alerts on those key level so you wont miss the move.
and always to take your profits as you see one.