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Nvda_analysis

NVDA: Short of the Century (Fork In The Road- Thrice Potentials)The after-hours price action on NVDA is a best case scenario imo. Put Option Premiums have dropped off a cliff, 33 times more aggressively than I had hoped we would see. With this kind of momentum, it could take a while for it to break down, so positioning into the fall or early 2024 is probably the smartest plan of action. But for the true gamblers out there, there are rare potential opportunities for huge gains if you are willing to lose what you pay in premiums obviously. There are so many reason why this rally was not sustainable and those reasons have increased 13 fold at the current prices.
NASDAQ:NVDA
by Goontata84
3
NVIDIA - A big tech leading indicator NVIDIA (NVDA) - EARNINGS are reported TODAY after market close - Expected Earnings 0.924 EPS (prior 0.88) - Expected Revenue $6.532 bln (prior $6.051 bln) - We are oversold on the weekly but could hit the Cup & Handle ceiling before turning over. - P/E ratio up from 57 in Oct 2022 to 175 in May 2023... - Price is 182% up from the Sept 2022 lows - Pre Market is down @ $303 from $306.88 Being the tech sector sentiment leader, If NASDAQ:NVDA earnings are lower than expected today it could catalyze the next swing lower in tech. If positive we could revisit ATH but I would expect a rejection from this level. Based on all of the above a correction in price is the most probable outcome, this could start today or after revisiting $335 briefly. Potential bullish long term view which includes a sharp rip downward at some stage followed by a repeat Fractal and cup and handle to drive shorts and longs insane, all whilst staying in the long term comfort channel. All of which can happen with todays earning being the cup and handle inflection point (A drive up to $335 and rejection followed by significant decline or we turn over here now).
NASDAQ:NVDA
by PukaCharts
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.
NASDAQ:NVDALong
by moneyflow_trader
3
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)...⚠⚜ WHAT DO YOU THINK ABOUT THIS ANALYSIS? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
NASDAQ:NVDALong
by SasanSeifi
5
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.
NASDAQ:NVDAShort
by ArcadiaTrading
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.
NASDAQ:NVDA
by WavesInvesting
1
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!!
NASDAQ:NVDAShort
by eganon69
7
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.
NASDAQ:NVDA
by angela_altair
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.
NASDAQ:NVDAShort
by CherPetitPrince
7
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:
NASDAQ:NVDAShort
by basictradingtv
33