NVDA: Set your buy orders for 235-240NVDA made a nice 5-wave move off the low, but now it is time to take a rest and digest some of the gains. We may still get one more small push up to the 270 level, but it is not worth chasing right now. The price target for this swing trade is 400+, which would translate to a 60-70% return by the end of the year.
Nvda_analysis
NVDA: Bottom is Near NVDA finally starting to hit some demand around $208. I am a buyer from $200-$220 for commons and any retest of that area I will look for a bounce long.
Will need to get a feel that day about where we are at, but should be good for swings once we get one more touch this week down. Under $200 market is dropping to $4000 SPX.
Nvidia Analysis 24.01.2022Hello Traders,
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NVDA WILL DOWN BEFORE UPNVDA (NVIDIA CORPORATION) will go down around $231 to finish the correction and after that, it will make a new high.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#NVDA #NVIDIA
NVDA: Held Key AreaWatching NVDA to bounce after filling and holding a major gap at 267.84. If we see SOXL start to go green or gaps up, wouldn't be surprised to see NVDA have a move back to 284/285 area. Overall market cannot be going into the gutter for this move to happen. NVDA should find local supply around $280.
If NVDA fails 256 for any reason, swing puts down to 230 may be an absolute monster payday.
Nvidia Analysis 11.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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NVDA breakout above $315Similar pattern as other SEMIs. Expected breakout above $315. The important part is the consolidation in the $295-315 range. The perfect pattern would have a volatility contraction after the previous larger correction (check), volume dry-out (check), and then higher than average volume on the breakout to new intermediate highs above $315.
#NVDA $NVDA consolidation, looking to rip shortlyNVDA has consolidated over the last few days, and found strong support around 295. Prior to this week, it recently broke the downtrend/bullish wedge, into its current pattern. Shorts have tried all week to drop this, along with very low volume. Finally tax loss harvesting for 2021 ended yesterday. I see this running, until tapering is done in March, and rates indicated to rise with a set date.
Once the rates become in effect, this will correct.
NFA
NVDA (NVIDIA CORPORATION) WILL DOWN BEFORE UPNVDA (Nvidia Corporation) will down around $258 for correction and after that, it will definitely make a new high as a preferred count (projected by with black line) as a complex correction. Another side of the view is an alternative count ( projected by with red line) it can be the 1st wave and it will down a little bit and it doesn't make a new low below $271.45 if it sustain above these level then we can't make a new low but if not sustain then we will going to make a new low. After the rise, we can see the resistance around $311-$324 and if we break the trend-line then we can assume, we will go for a new low.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only.
All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#NVDA #NVIDIA
Nvidia Analysis 18.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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NVDA with a few options bullish & bearishNvidia has a nice run in October bringing prices to incredible hights.
A run like that needs a cool down moment or maybe a correction so no panic no big deal.
Bearish scenario: there maybe could be a diamond top pattern in the making so watch out. in case it does keep an eye on break out. when break out we could visit the 0.5 ~ 0.618 fibonacci or even further down ( blue support bar)
Bullish scenario: So market cools down in the falling wedge with the given price targets. in case of a bullish pennant this could go even higher.
Keep calm, Do your own research! trade safe and manage your risk.
(Disclaimer: This is no financial advice)
NVDA BEARISH WOLFE WAVE DAILYThere is a bearish wolfe wave setup on the daily time frame that triggered last week Dec 3, 2021. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is approx 180 which is represents a 5 standard deviation move. We do not believe NVDA will reach this level in the short term; however, it is probable that NVDA can take out some gaps that have been left open post run-up. Closest gap target is 267. If this tgt were to be achieved, I would expect it to sell off to 267 and lower Dec 14.