NVDA morning analyssiTechnical analysis for NVDA. I usually save EW for indices, but I think it helps with NVDA given its size and volume. This count has completed five waves, with ((3)) being 3.618x ((1)) and ((5)) being 1.618x ((1)), similar to NAS100.Shortby discobiscuit2
Nvidia RETRACEMENT Imminent to $105-110 per shareNvidia recently reached an all-time high of $149.76, marking a 50% increase since my analysis on August 2, 2024. With earnings due in three days, I believe the current price already reflects market expectations. Looking ahead, the upcoming release of Blackwell GPUs, likely in early January, and before the CES tech event (largest international tech event: 7-10 January), sets the stage for a strong 2025. Given the anticipated demand in AI and gaming markets, Nvidia's growth trajectory will likely remains strong. In the short term, I expect the stock price to retrace to the $105–$110 range. While a correction is not guaranteed, such a pullback would open the door for an excellent buying opportunity and I will be going 'all in', if this occurs. By the end of 2025, I estimate Nvidia’s stock to reach $200 per share, representing a potential 100% gain from the anticipated dip. This forecast is based on strong fundamentals, and increasing demand of GPUs for large datacentres for AI.Shortby TheOneKronus225
Nvidia Earnings Next Week: Key Insights for Traders - Recent Performance: In the lead-up to its earnings report scheduled for October 20, Nvidia (NVDA) has experienced significant market volatility, closing at approximately $142. The stock has oscillated within a range of $140 to $158, reflecting broader semiconductor sector trends. Despite a recent downturn of around 3%, Nvidia remains a standout performer, benefitting from strong investor interest in AI technology. - Key Insights: Traders should remain cautious as Nvidia's upcoming earnings could significantly influence market sentiment. If the stock sustains levels above $140, it may present a solid buying opportunity. However, a drop below this level could trigger further declines, marking a shift towards a bearish trend. It is crucial to watch Nvidia's earnings closely, as this could define short-term price movements and longer-term trends in the semiconductor industry. - Expert Analysis: Analysts predict that Nvidia's earnings will demonstrate impressive growth, estimating revenues of around $33 billion, but they caution against underestimating the potential for supply issues. Traders generally view the upcoming report as a critical moment for both Nvidia and the broader tech market, stressing the importance of the guidance given during the earnings call. The sentiment appears cautiously optimistic, though uncertainty looms about immediate post-earnings volatility. - Price Targets: Based on the wisdom of all professional traders, the next week targets for NVDA are as follows: Target 1: $145 Target 2: $155 Stop 1: $140 (support level to monitor for long positions) Stop 2: $135 (critical low to signal a bearish trend) Longer-term targets include a potential price of $175 within the next two to three months if Nvidia successfully navigates this earnings season and continues to capitalize on AI demand. - News Impact: Nvidia's earnings report is drawing particular focus, as the company plans to unveil projected revenues and expectations tied to its new Blackwell chips. Furthermore, the semiconductor sector's dynamics will be under scrutiny, especially following recent negative sentiment surrounding other key players. Any weak guidance or disappointing results could prompt a broader market sell-off, particularly affecting related tech stocks. This succinct analysis should equip traders with essential insights and actionable strategies as Nvidia approaches this pivotal earnings report, enabling informed decisions within a volatile market landscape.Longby CrowdWisdomTrading7
NVIDIA's Price Action: The Strat Analysis & Key Levels (4-Hour)Candlestick Patterns: The chart shows 4-hour candlestick patterns with colors corresponding to price movement: - green fill and green outline indicates price closed above candle open price - green fill and red outline indicates price closed below candle open price - red fill and green outline indicates price went below previous candle low but closed above current candle open - red fill and red outline indicates price closed below previous candle and current candle low - yellow is the color for a consolidated candle (aka "1" or inside bar) - blue is the color for the "3" candle that went above and below previous' candle high and low The numbers "1," "2," and "3" likely represent The Strat methodology, a popular trading framework: 1 (Inside Bar): Price action is contained within the previous candle's range. 2 (Directional Bar): Price breaks either high or low of the previous candle. 3 (Broadening Formation): Price takes out both the high and low of the previous candle. Support and Resistance Zones: Multiple horizontal lines represent key support and resistance levels: - Yellow lines indicate historical highs/lows or significant levels (e.g., "Previous All-Time High Zone"). - Red and blue lines mark specific levels like the "Open WK" or "ABR1 Upper," - Labels such as "High of Day," "Previous Weekly High," and "Previous Daily Low" provide context for recent price action. Broadening Formations: - Diagonal white lines identify broadening formations, consistent with "The Strat." These formations reflect expanding ranges, suggesting increased volatility or market indecision. Key Dates and Events: - Specific dates and times, such as "4hr Mon, Nov 11 @ 1:30 pm," appear next to significant price levels, helping to pinpoint areas where the stock reacted strongly. Indicators: - ATR (Average True Range) and DTR (Daily True Range) values are shown at the bottom right: - ATR: 4.58 — Indicates the average price movement range over a period. - DTR: 5.16 — Suggests the range within the day (113% implies higher-than-average volatility). Directional Signals: - Green and red arrows identify potential buy and sell signals based on the methodology applied, likely aligned with price action breakouts or reversals. Analysis: - Trend: The stock has moved from consolidation (inside bars and 2s) to a broader upward trend with several green directional bars (2-ups). However, recent candles show retracement and potential consolidation. Key Levels to Watch: - Resistance: $148.68 ("Open WK") and $149.77 ("Previous Weekly High"). - Support: $140.08 and $137.33 ("Low of Day, Tuesday, Nov 5"). - Volatility: Broadening formations and ATR/DTR metrics suggest significant volatility in the price action. Potential Trading Setups: - Look for directional moves off major levels (e.g., $148.68 and $140.08). - Monitor broadening formation boundaries for potential reversals or breakouts.by Brandonthrives884
NVDA Technical Analysis for Nov. 18, 2024NVIDIA (NVDA) is showing signs of a potential reversal after a sharp pullback, presenting interesting opportunities for both scalping and swing trades. With price action testing critical levels, this analysis outlines key zones, potential setups, and actionable insights for traders. Technical Overview: Market Structure: Trend: Short-term downtrend with signs of bullish recovery. EMA Levels: The 9 EMA and 21 EMA are narrowing, suggesting a possible crossover if bullish momentum builds. Key Levels: Resistance Zones: $146.00 – Major supply zone from previous highs. $149.00 – Psychological level and upper resistance. Support Zones: $142.00 – Immediate demand zone where buyers stepped in. $140.00 – Strong support tested multiple times in the last session. Order Blocks: Bullish Order Block: $140.00–$142.00 (highlighted by high volume on prior bullish candles). Bearish Order Block: $146.00–$149.00 (supply-heavy zone with rejection candles). Supply and Demand Zones: Demand Zone: $140.00–$142.00 Supply Zone: $146.00–$149.00 Indicators: MACD: Bullish crossover forming; histogram increasing. Volume: Uptick in volume on green candles suggests growing buyer interest. Game Plan: Scalping Plan (1-Min and 5-Min Timeframe): Entry for Long: Watch for price holding above $142.70, confirmed by bullish engulfing candles or breakouts on higher volume. Target 1: $145.50 (scalp to supply zone). Target 2: $146.00 (extended scalp). Entry for Short: If price rejects $146.00–$149.00 supply zone, enter short below $145.50. Target 1: $143.00 (mid-range scalp). Target 2: $142.00 (demand zone retest). Stop Loss: Long: Below $141.50 (below immediate demand). Short: Above $146.50 (supply rejection invalidated). Swing Trade Plan: Bullish Scenario: If price holds above $142.00 and reclaims $146.00 with conviction, initiate a swing trade toward $149.00. Extended target: $151.00 (gap fill above $149.00). Stop Loss: Below $141.00. Bearish Scenario: If $146.00–$149.00 is strongly rejected, consider shorting for a retest of $140.00 demand zone. Extended target: $137.00 (new low formation if $140.00 fails). Stop Loss: Above $149.50. My Thoughts: For Scalping: NVDA is perfect for short bursts of momentum plays within the $142.00–$146.00 range. Patience is key to waiting for clear confirmations, especially near supply and demand zones. For Swing Trades: The broader structure is setting up for a potential reversal, but the $146.00 level is critical. A sustained breakout above this level could spark a bullish continuation. Directional Bias: Short-term: Neutral-to-bullish. A clean breakout above $146.00 signals strength. Mid-term: Slightly bullish, contingent on holding $140.00 as support. Actionable Suggestions: Monitor $142.00–$146.00 for scalping setups with volume confirmation. Place conditional swing orders above $146.00 or below $142.00 based on rejection or breakout. Avoid trading in the middle of ranges ($143.00–$145.00) to reduce noise. Disclaimer: This analysis is for educational purposes only and not financial advice. Trade at your own risk, ensuring proper risk management is in place.by BullBearInsights5
Between 124-129 for support based on a few different indicators The trendline bottom Bollinger pinch always retraces back to the center. With SMA readings of 124-129 and the trendline at 130s, there's quite an infinite difference in the measurement of 3 enormous indicators that offer insight into a moving average as big as this to confirm with other vital indicators.Shortby themoneyman801
Nvidia WeightIn Sept 2018, Nvidia was 0.91% of the Nasdaq, causing a 55% correction, and the Nasdaq dropped 22%. In Dec 2021, Nvidia was 3.92%, leading to a 67% correction, and the Nasdaq fell 37%. Now Nvidia is 14% of the Nasdaq. You do the math this time! #Nasdaq #Nvidiaby Badcharts11
NVIDA what next..!The chart displays NVIDIA (NVDA) stock on a daily interval with several indicators and clear support and resistance levels. Here is a detailed technical analysis: 1. Support and Resistance Levels: Nearest Resistance Level: $150 (above the closing price). Key Support Levels: $140.75 (immediate support level). $130.62 (secondary support level). $127.21 (critical support level for the medium term). 2. Ascending Channel: The chart shows movement within a clear ascending channel, with the stock nearing the lower boundary of the channel. A drop below the lower support line of the channel (around $140) could indicate a trend reversal. 3. Indicators: Moving Averages: The 50-period moving average (green) is above the closing price, supporting the continuation of the uptrend. The 150-period moving average (dark green) is far below the current price, indicating strong long-term support. CCI (14): The current value is -2.96, indicating a nearly neutral state but slightly leaning bearish. Volume: Higher-than-average volume on the last day suggests significant selling pressure. 4. Candlestick Analysis: The last candlestick is a large red bearish candle, reflecting a strong daily bearish sentiment. The candlestick formation shows bearish pressure but is close to a significant support level. 5. Risk Assessment: The risk level is moderate since the stock is near a clear support level but experiencing strong selling pressure. Position Recommendation: Entry: Around $140.75 (near the immediate support level). Stop-Loss: Below $138 (approximately 2% below the entry point). Profit Target: $147 (around a 5% increase from the entry point). Summary: The stock's trend over the past two weeks is bullish, but the last day indicates a potential correction. It is recommended to monitor the price reaction near the $140.75 level and evaluate the strength of the support. Disclaimer: This analysis is for educational purposes only and does not constitute a recommendation to buy or sell any financial instrument. Please conduct your own research or consult with a financial advisor before making any investment decisions. Longby davidezra22113
NVDAForex trading involves higher leverage (up to 50:1) and 24/5 market access, focusing on currency pair movements affected by economic data, interest rates, and geopolitical events - the key risk is that high leverage can quickly amplify losses, plus overnight positions face swap fees and gap risks during major news. Stock trading typically offers lower leverage (2:1 to 4:1), operates during exchange hours, and focuses on company fundamentals, earnings, and broader market sentiment - main risks include earnings surprises, market volatility, and lower liquidity in individual stocks compared to major forex pairs, while key advantages include better transparency through public financial reports and generally lower spreads than exotic forex pairs.Longby HavalMamar3
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought the dip recently: Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week, I would consider purchasing the 150usd strike price Calls with an expiration date of 2024-11-22, for a premium of approximately $3.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptions1113
NVDA Approaching Key Support Levels: Potential Pullback AheadFor NVIDIA (NVDA), heading into Monday, 11/18, the key support level to watch is $140.31. If the price breaks below this level, it could signal further downside, with the next significant support zone around $133.46. This would be a critical area for bulls to defend in order to prevent a deeper correction. On the technical side, NVDA's recent price action suggests overbought conditions, as indicated by various momentum indicators such as the RSI and possibly the MACD nearing a bearish crossover. This setup raises the likelihood of a pullback or a consolidation phase as traders lock in profits or await fresh catalysts.by CryptocurrencyWatchGroup3
NVIDIA - Bullish in Short TermNVIDIA showed clear signs of recovery in the last hour of trading on Friday. Ahead of the quarterly figures, it can be assumed that the share will rise moderately (in line with the overall market). As we are unable to assess the market's reaction to the figures, open long positions should be closed before publication.Longby Ochlokrat1113
11/08/2024 NVDA harmonic pattern Hello traders, It appears that NVDA has reached its peak according to harmonic pattern analysis. The daily chart illustrates a beautiful butterfly pattern that could possibly signal a reversal from the $150 area. If it declines from here, we might see $90 in the first quarter of next year. Good luck, and may trends be with you. Shortby aparkonUpdated 13
$nvdai will try to long nvda,, we hare at the before ATH lvl and gap fill, like it alotLongby zhutzy2_01118
NVDA long $176.6-$178.0NASDAQ:NVDA finishes it's 3rd wave. Price target is between $176.6 and $178.0Longby AndreyVasylyuk1111
Short NVDA?I took a short out on Monday against NVDA. Almost got stopped out yet still there for now! The reason for the short was :- 1. MACD diverging on the weekly and Daily Time frames 2. Last earnings release the stock started to roll over the week prior and continued down even with Beats. With the above in mind, I will be holding my position until post-earnings. if its bearish ill keep holding! Trade Safe.Shortby jhesler0
Nvidia Reports Earnings Next Week. What Does Its Chart Say?More than 90% of S&P 500 stocks have already reported quarterly earnings, but tech giant Nvidia NASDAQ:NVDA is set to release results next week. Let's see what NVDA's technical and fundamental analysis says heading into its fiscal Q3 earnings report next Wednesday (Nov. 20) after the bell. Nvidia's Fundamental Analysis As I write this on Tuesday (Nov. 12), the Street is looking Nvidia to report $0.74 in adjusted earnings per share on nearly $33 billion of revenue. That would amount to 100% earnings growth and 82.3% in revenue gains year over year. But as incredible as such gains would seem, that would actually represent a deceleration of growth for Nvidia -- probably due to the simple laws of scale. CEO Jensen Huang has said that demand for Nvidia's products remains "over-subscribed," but large year-over-year gains are impossible to match forever. Nvidia saw 152% in year-over-year earnings growth in its fiscal Q2 after four successive quarters of 440% or more in annual gains. Revenue growth likewise fell to "only" 122% year on year in fiscal Q2 after three successive quarters of 206% or more in annual gains. In fact, of the 36 sell-side analysts that I've found who cover NVDA, 31 have revised their earnings estimates higher since the current quarter began. (The remaining five revised their forecasts lower.) Looking at Nvidia's fiscal Q2 financials, the company had $48.7 billion of trailing-twelve-month operating cash flow as of July 28. That included $1.9 billion of capex (capital expenditures), leaving $46.8 billion of free cash flow. The firm used $26.4 billion of that free cash to repurchase common stock, plus another $540 million for dividends to shareholders. All in, Nvidia had a $34.8 billion cash position as of July 28, as well as $59.6 billion of current assets. Current liabilities added up to $14 billion, making for a seemingly robust 4.27 current ratio. The company had no short-term debt on its books, while total assets amounted to $85.2 billion (of which goodwill and other intangibles only made up a seemingly conservative 6.5%). Meanwhile, total liabilities less equity came in at $27.1 billion, including $8.5 billion of long-term debt. Nvidia could have paid that out of pocket more than four times over out of its available cash. Nvidia's Technical Analysis Here's NVDA's chart as of Nov. 12 going back roughly one year: Readers will see that the stock rallied from late October 2023 to June 2024, as denoted by the green and red vertical lines above. If we apply a Fibonacci model (the shaded-blue above), we can see that Nvidia found support at about $90 -- its 50% retracement level -- in very early August. Next, going back to the start of the Fibonacci model and applying an Andrews' Pitchfork model (the purple line above) shows that NVDA has developed a tight pattern since leaving its Fibonacci period in August. But heading into next week's earnings report, NVDA is threatening to take the Pitchfork's upper trendline (the black line at the chart's upper right). The upper trendline serves as Nvidia's moving pivot, which the above chart projects will stand at about $155 by Nov. 20. Meanwhile, readers will see that Nvidia's Relative Strength Index (the gray line at the above chart's top) looks strong, but not overbought. The stock's daily Moving Average Converge Divergence indicator (or "MACD," denoted by black and gold lines and blue bars at the chart's bottom) appears ever-so-slightly bullish as well. Of the MACD's three components, the 12-day Exponential Moving Average (or "EMA," denoted by the black line at the bottom of the chart) is above the 26-day EMA (the gold line). At the same time, the histogram of the 9-day EMA (the blue bars at the bottom) is just above zero. All of that represents an historically bullish signal, although not an overwhelming one. The Bottom Line Add all of the above up and Nvidia looks about as fundamentally sound as a firm could be. Projected demand for its products also looks intense enough for the firm to keep growing sales and perhaps even margin. What the stock does next week will likely depend on the guidance provided and how well the company's analyst conference call goes. True, NVDA looks expensive at 37x forward earnings, but it's pretty much always been on the expensive side. The stock's forward price-to-earnings ratio is actually down from 44x this past summer and 63x the summer prior to that. (Moomoo Markets Commentator Stephen "Sarge" Guilfoyle was long NVDA as of the time of writing this column.) This article discusses technical analysis, other approaches, including fundamental analysis, may offer very different views. The examples provided are for illustrative purposes only and are not intended to be reflective of the results you can expect to achieve. Specific security charts used are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. This content is also not a research report and is not intended to serve as the basis for any investment decision. The information contained in this article does not purport to be a complete description of the securities, markets, or developments referred to in this material. Moomoo and its affiliates make no representation or warranty as to the article's adequacy, completeness, accuracy or timeliness for any particular purpose of the above content. Furthermore, there is no guarantee that any statements, estimates, price targets, opinions or forecasts provided herein will prove to be correct. Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. TradingView is an independent third party not affiliated with Moomoo Financial Inc., Moomoo Technologies Inc., or its affiliates. Moomoo Financial Inc. and its affiliates do not endorse, represent or warrant the completeness and accuracy of the data and information available on the TradingView platform and are not responsible for any services provided by the third-party platform.by moomoo1116
LOOKS STRONG RESISTANCE NVIDIA facing strong resistance at 149 if it will break the resistance then this will try to catch 156-157,But there is a one more possibility to come down because here i shown a GAP which shouid be filled by market to go up.Longby OM-MADY-stockmarketclasses2211
NVDA Approaching Key Levels: Trade Setup and Analysis for Nov.15Trading Plan and Technical Analysis for NVDA Overview NVIDIA Corporation (NVDA) has shown a mix of bullish and bearish signals recently, with price action hovering near important support and resistance levels. Here’s a breakdown of the setup, including supply and demand zones, order blocks, and suggested entries and exits for both scalping and swing trading. Key Levels Support Zones: $144.77: Immediate support level. If NVDA holds above this, it may provide a base for potential upward movement. $143.35: A critical support level. A break below this could signal further downside momentum. Resistance Zones: $146.32 - $146.50: This range is acting as near-term resistance. A breakout above this area with strong volume could lead to further upside. $149.61 - $149.95: This is a significant resistance zone near recent highs. It would be the next target if NVDA manages to hold above $146.50. Price Action & Supply/Demand Zones Demand Zone: Between $143.35 and $144.77, where NVDA has previously shown buying interest. If the price revisits this area, look for a potential bounce, especially if volume confirms support. Supply Zone: The area around $146.32 - $146.50 may encounter selling pressure, as NVDA has struggled to break above this level recently. Order Blocks & Market Structure Bullish Order Block: Near $144.77, where buyers have previously stepped in to defend support. Watch for a bounce from this level if NVDA revisits it with buying interest. Bearish Order Block: Around $146.32 - $146.50, where sellers have been active. A breakout above this zone could indicate a short-term reversal to the upside. Entry & Exit Suggestions Scalping Entry: Look to enter around $144.77 on a bounce, targeting quick exits near $146. Set a tight stop below $144 to manage risk. Swing Trade Entry: Consider entering near $143.35 if NVDA shows signs of support here, with a potential upside target toward $149.61. A stop-loss below $143 is recommended to protect against further downside. Directional Outlook Bullish Scenario: If NVDA holds above $144.77 and breaks through $146.50, we could see a push toward the upper resistance zone around $149.61. Bearish Scenario: A break below $144.77 may lead to testing the key support at $143.35. If this fails, there could be more downside momentum. Thoughts and Suggestions For scalpers, the immediate range between $144.77 and $146 provides quick trade opportunities. Swing traders should watch for a confirmation above or below these levels before committing to a direction. Volume and price action will be critical indicators for the next move. Disclaimer This analysis is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a financial advisor before making trading decisions.by BullBearInsights226
Nvidia Drop Into Discount Prior To Earnings? NASDAQ:NVDA Chart Image (4h): Leading up to earnings announcements, Nvidia has historically shown a tendency to pull back into a discount zone before resuming its bullish momentum post-earnings. This pattern aligns with liquidity-seeking behavior, where price often revisits lower levels, potentially reaching fair value gaps (FVGs) or Fibonacci-identified discounts, before significant events like earnings. This pre-earnings drop creates attractive entry points, allowing traders to position themselves ahead of anticipated positive earnings reactions. The current price action shows a similar setup, with a consolidation range forming around fair value gaps and a discount area, which may signal another pre-earnings dip. This setup could allow institutional traders and market participants to maximize positioning for potential upside, particularly given Nvidia’s promising fundamentals. These include record-breaking demand for the company’s new Blackwell AI architecture and strong growth prospects tied to the expanding AI chip market. Should Nvidia continue its pattern of dipping before earnings, traders might have a favorable setup, especially as any positive updates regarding production ramp-ups or demand for Blackwell could drive the stock higher after the report. Let me know if you’d like to explore this setup further or discuss additional technical aspects!Longby yattapuabhinav7721
Breakout Trade Idea -- NVIDIA Corporation (NVDA)NVDA is nearing a crucial resistance level, highlighted by the ascending channel pattern on the chart. A breakout above the current consolidation area could signal a continuation of the upward trend, with room to move higher within the channel. Watching momentum indicators and how the stock interacts with the upper Bollinger Band and moving averages will be key to confirming a potential breakout. by TraderhrTrading8
NVDA Nears Key Levels: Amid Consolidation. TA for Nov. 14NVIDIA Corporation (NVDA) is experiencing a period of consolidation, trading between well-defined support and resistance levels. Let’s break down the key zones, price action, MACD, volume insights, and potential setups for scalping and swing trades. Market Structure Overview: NVDA is consolidating after a recent rally, indicating that buyers and sellers are in a standoff. This period of low volatility could lead to a breakout or breakdown, depending on volume and momentum. The stock is positioned close to a critical support level, with resistance nearby, making this a pivotal moment. Key Zones: Demand Zone (Support): $143.41 - $144.00 NVDA has held support in this area, making it a solid demand zone. If price revisits this range and bounces, it could provide a potential entry for long positions. Supply Zone (Resistance): $149.95 - $151.00 This level represents the upper boundary of the recent range and serves as immediate resistance. A breakout above this level could lead to a bullish continuation toward higher targets. Order Block Insight: An order block has formed around $146-$147, where there has been significant trading activity. This level acts as a midpoint, with reactions here providing clues about short-term direction. Watching price movement in this area can offer scalping opportunities, especially for traders looking to play the range. Support & Resistance with Entry, Exit, and Stop Suggestions: Immediate Support: $144 Long Entry: Near $144 if there is a bounce, targeting exits around $146 and $149. Stop-Loss: Below $143 to manage risk in case of a breakdown. Immediate Resistance: $149 Short Entry: Around $149 if there’s resistance, targeting $147 and $144. Stop-Loss: Above $151 to limit potential upside risk. Swing Trade Setup: Swing Long: Above $151, with targets at $155 and $160 if momentum supports the move. Stop-Loss: Below $149 to control risk if the breakout fails. Swing Short: Below $143, aiming for $140 as the next support level. Stop-Loss: Above $144 to manage risk if NVDA reverses. Price Action Insights: NVDA’s price action shows a tightening range with higher lows and lower highs, indicating indecision in the market. The price is moving within a consolidation zone, and a breakout or breakdown could provide directional cues. The recent price action suggests that buyers are defending the $144 area, but sellers are stepping in at $149. MACD and Volume Analysis: MACD: The MACD has shown a bearish crossover, reflecting a slowing momentum. The histogram is slightly negative, indicating weak buying pressure. This bearish bias may continue unless NVDA breaks above $149 with strong volume. Volume: Volume has been relatively stable, with no significant spikes. A breakout move would ideally be accompanied by higher volume to confirm a shift in momentum. Watch for volume increase near key levels for signs of potential breakouts or breakdowns. Scalping & Swing Outlook: Scalping: Look for quick entries around $144 for long scalps if support holds, with exits near $146 and $149. For short scalps, consider entries around $149, targeting $147 or lower. Use tight stops due to NVDA’s choppy price action in this range. Swing: A confirmed breakout above $151 could favor swing longs, aiming for a higher price target. Alternatively, a break below $143 could open the door for a swing short. Directional Thoughts & Suggestions: Given NVDA’s consolidation near key levels, I lean toward a bearish outlook if it fails to break above $149 and maintains low volume. My suggestion is to watch for a potential breakdown below $143, targeting $140 or lower. However, if NVDA can clear $151 on strong volume, it could signal a bullish continuation, targeting $155 and higher. Conclusion: NVDA is at a critical juncture, with clear support and resistance levels providing actionable opportunities. The setup suggests staying alert for a breakout or breakdown. Tight stops and disciplined entries are key, especially for scalpers. Swing traders should wait for confirmed moves to capture the next significant trend. Disclaimer: This analysis is for educational purposes only and not financial advice. Please conduct your own research and consult with a financial advisor. Trading involves risks, and past performance does not guarantee future results.by BullBearInsights449
NVIDIA LOSE ITS MOMENTUM?From my point of view, the upward movement of NVDA has lost its momentum, it will not sustain for longer period and i believe the correction could happen anytime soon (this is weekly chart, so time frame probably in 1-3 weeks). Sell on Strength for NVDA, SL above the top. Good R:R trade! CHEERRRSS!!!Shortby steveivan0