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Nvidia

NVDA: Will pull back soon, but bullish longtermNVDA provided a textbook 5-wave impulsive move off the low. The 3rd wave tagged the 1.618 extension and the 5th wave has reached the 2.0 extension. This move has been very clean. However, the fibonacci extensions have been reached and now momentum is beginning to fade (see MACD). That being said, I expect NVDA to pullback over the next 2-3 weeks. I would like to see price retrace to the .5 - .618 retracement levels, filling the gaps in an A-B-C pattern, followed by a push back above the Wave 1 high. If this happens, the price target for wave 3 will be in the 240-250 range.
NASDAQ:NVDALong
by TomDaSpankEngine
$NVDA Nvidia TECH Chart has not shown any signs of reversal$NVDA Nvidia Tech Company has a similar chart to $MU and $AMD - $MU earnings revealed negative sentiment sending both $AMD & $NVDA downward on relation of fear that the chip market is slowing growth. Nvidia has not shown any technical signs of reversal on the lower timeframes yet. Above I've marked important levels on the weekly timeframe. With the slowing growth of $ETH and other crypto currencies, tech stocks like Nvidia and Micron are directly related and effected by the mega drop in value as demand for graphic processors and mining decreases. It's pretty obvious that $NVDA is a top tier company in graphic processors and this decline is mostly due to the decline in our economy. As we progress into the digital age NVIDIA has high probability to bounce back to new heights (of course this could take 12-18 months unless they expand rapidly into different avenues of technology). I will update if I catch any technical chart indications of possible reversal.
NASDAQ:NVDA
by ChaldeaCode
NVIDIA - key support FAILEDNVIDIA Short Term We look to Sell at 159.72 (stop at 170.83) Our bespoke support of 156.00 has been clearly broken. Preferred trade is to sell into rallies. Rallies continue to attract sellers. There is scope for mild buying at the open but gains should be limited. Continued downward momentum from 174.40 resulted in the pair posting net daily losses yesterday. Our profit targets will be 126.78 and 119.10 Resistance: 156.00 / 196.00 / 210.00 Support: 150.00 / 126.00 / 120.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:NVDAShort
by Saxo
Looking for downside :)IMO the most likely path is the one highlighted in red. But something I've noticed is that there has been a lot of impulsive buying recently which has led to those big green candles. I personally dont have any position in this rn, so i want it to go down because I wanna go long on this. Although there is plenty of impulsive buying (and the market seems to be in a bear market rally) I think its best to watch it closely and be skeptical because honestly too many people talking about the bear market rally and I think these guys are gonna trap us bulls. Yeah but if this ends up closing above 200 (204-206) area then it should rally to 230 range. But im thinking itll reject 200 Also this is my first chart so lmk what u think, anything missing? Anything should be moved around? Just let me know lol thanks.
NASDAQ:NVDA
by mattbuns61
Nvidia coming into resistance? NVIDIA Short Term - We look to Sell at 210.20 (stop at 228.47) Our bespoke support of 210.00 has been clearly broken. We look to sell rallies. Rallies continue to attract sellers. The 61.8% fibonacci extension level is the target. Our profit targets will be 160.25 and 124.10 Resistance: 210.00 / 250.00 / 290.00 Support: 160.00 / 150.00 / 126.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:NVDAShort
by Saxo
The Mining Break Through: Unlocking Nvidia’s LHRThe Mining Break Through: Unlocking Nvidia’s LHR – NiceHash CEO Martin Škorjanc Nvidia, the worlds largest provider of GPU (desktop graphics cards – used for crypto mining) launched its LHR (Lite Hash Rate) technology in May 2021. Designed to combat the issue of shortages of GPUs for gamers due to the increase in crypto mining throughout 2021, Nvidia’s LHR anti-mining software ensured that strict mining limits were in place for selected graphics cards – preventing performance and profitability for the average cryptocurrency miner. Naturally, it’s been a race since then for the world’s crypto mining experts to break the code and make LHR GPUs useful for crypto miners. And while solo miners have been on the case since Nvidia launched this tech, NiceHash is the first to fully unlock LHR graphics card with its proprietary software QuickMiner (Excavator), making online news headlines across the world. NiceHash CEO Martin Škorjanc explains what this means and why it’s great news for crypto miners which they now accept with open arms. He also estimates that the breakthrough won’t adversely impact gamers either.
NASDAQ:NVDA
by henryartem
NVIDIA - Long PositionNVIDIA Corporation (NVDA) is Attracting Investor Attention. Nvidia is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this maker of graphics chips for gaming and artificial intelligence have returned +1.4%, compared to the Zacks S&P 500 composite's -0.5% change. During this period, the Zacks Semiconductor - General industry, which Nvidia falls in, has gained 2.5%.
NASDAQ:NVDA
by nfx-trading