NVIDIA COP UPDATE---LOOKING NEAR RESISTANCEThis taken support to neckline of inverse head and soulder thereafter following trend looking near resistance be carefull and i would like to inform you that resistance at 149 now shifted to 152.
NVDAB trade ideas
A New Peak: NVIDIA’s Next Leg Up NASDAQ:NVDA The never ending fire pit.
Weekly bullish expansive and engulfing bar printed on last weekly candle closing above previous highs and making a new ALL TIME HIGH. Lots of strength as price seems to keep on giving.
Bullish time at mode trend has just been confirmed:
- Expiry is set for the end of November
- Targets of $154 and $170's at first.
- Entry dcd on a retrace toward low $140's to high $130's
chip stocks still shocked but uptrend intactid still not short this stock and look to buy higher lows in this and other semiconductor names. the tech rally and ai boost have really made a lasting impact on this stock. if we remain above the marked out levels or break out to new highs id shoot for above $152 soon.
Elliott Wave View Expects NVDA (Nvidia)To Extend HigherShort Term Elliott Wave View in NVDA (Nvidia) suggests further upside in daily bullish sequence. It is trading in bullish weekly sequence at all time high and expect continuation against August-2024 low. In 4-Hour, it placed (1) at $131.26 high and (2) correction at $100.95 low. Above there, it favors upside in (3) of impulse sequence. It placed 1 of (3) at $120.79 high, 2 at $112.78 low, 3 at $144.50 high and 4 at $132.11 low. Currently, it favors upside in 5 of (3) from 31-October low and expect one more push higher to finish it, while dips remain above $143.57 low.
Above $132.11 low, it placed ((i)) of 5 at $139.99 high, ((ii)) at $135.35 low, ((iii)) at $149.95 high and ((iv)) at 143.57 low as double correction. Within ((iv)), it placed (w) at $146.26 low, (x) at $148.85 high and (y) as ((iv)) ended at $143.57 low. Above ((iv)) low, it favors pullback in (ii), while placed (i) at $146.49 high and expect continuation in ((v)), which confirm above $149.95 high. It expects ((v)) to extend towards $151.47 – $153.90 area as minimum extension to finish (3) started from 6-September low. Alternatively, if it breaks below $143.57 low, it should extend ((iv)) before resuming higher in ((v)) to finish (3). Later, it should pullback in (4) in 3, 7 or 11 swings sequence and buyers expect to enter again from extreme areas to resume daily bullish sequence. Alternatively, if it extends higher and erase the momentum divergence, then it should turn out to be nest in (3) and see more upside.
Little rally to trap everyone? Then were caught holding the bag?10-11 expiration for NVDA has way to much open interest at 120 - 130 levels. 118 looks more realistic.
I think we can see a climb to 120-130 early in the week and a huge sell off to 118 to end the week.
If this happens, it opens the door to max pain of 112 - 113 by 10/18.
There are going to be so many traps this months and I think were all in the middle of one now.
Inversely, my theory above could be a trap as well haha. If this is truly a blow off top, $149 -$150 is my absolute peak.
Nvidia Nvidia seems to be in its distribution phase.
So the top might be in.
End of 2026 could be the time to buy.
NFA.
Buy Nvda at 117 region after a gap doownTaking a slight small risk to buy NVDA after gap down on better than expected result
Top 5 Weekly Trade Ideas #1 - NVDA LongNVDA is retesting a previous ATH now, I think it's important for bulls to hold it here. If it breaks, I'd expect a move down to the fill the gap around $140. If bulls can hold it, it should be a good long for a move back up to ATH at least.
Pretty good risk reward in this area, wouldn't want to be caught on the wrong side of it when it picks a direction.
NVIDIA (NVDA) Technical Outlook - Momentum Slows After RallyOverview: NVIDIA (NVDA) has been on a steady uptrend but appears to be entering a phase of consolidation after reaching recent highs. The 1-hour chart shows that the price is currently trading within an ascending channel, with potential signs of slowing momentum. Here’s a breakdown of key levels and indicators to watch as we assess possible short-term and swing trade opportunities.
Key Levels:
Resistance: $149.95 (recent high)
Support: $139.86 (near-term support), $135.33, $132.11 (stronger support levels below)
Price Action & Indicators:
Trend: The price remains within an ascending channel, suggesting continued bullish sentiment. However, the slope has slightly decreased, which might signal an upcoming period of consolidation or retracement.
Moving Averages: NVDA is trading above the EMA 9 and EMA 21, indicating short-term bullish momentum. A break below these EMAs would suggest caution for further downside.
MACD: The MACD histogram shows declining momentum, with a potential bearish crossover if sellers gain strength. This suggests a possible cooling-off period before the next major move.
Scalping Strategy:
For scalpers, watch for quick reactions around the support at $139.86. If NVDA holds above this level, look for intraday long entries, targeting a re-test of the recent high around $149. For downside scalps, a break below the $139 level could lead to a short-term move toward $135.
Swing Trade Outlook:
Swing traders should monitor the ascending channel’s lower boundary. As long as NVDA remains within this structure, the longer-term uptrend remains intact. However, a close below $135.33 could signal the beginning of a deeper correction, potentially testing $132.
Disclaimer: This is not financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
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.
$NVDA #Path2Greatness #GloryChannel 150+ EZSurprised no ones posted "grail" of a channel... Maybe the pro's dont want us sharing the "secrets" of the sauce...
How to trade this channel for dummies; Buy the low end / bottom of the channel and Sell the High side / top of channel.
Happy Thanksgiving!
PS: NASDAQ:TSLA to 300+ "This IS SPARTA!!!"
NVDA - NVIDIA
NVIDIA has reported strong demand for its artificial intelligence graphics processing units, with its latest Blackwell processors sold out for 12 months, according to Morgan Stanley.
NVIDIA Drop expected The stock is overvalued
seasonality is down for the coming month
price has rejected and tested the supply level and should be expected to go down and hot the demand level
Trade safe
NVDA - Head and shoulder The recent news of a 7nm AI chip dispute with China may add to the potential bearish momentum if the head and shoulders pattern in NVDA completes. Restrictions on exports and AI chip sales could impact NVIDIA's revenue from China, one of its key markets, and increase uncertainty around growth expectations. If investors perceive regulatory issues as a longer-term risk, the stock could face additional pressure, reinforcing any technical downtrend signals.
The pattern might align with a broader market response to geopolitical tension, so staying updated on policy shifts could be key here.
nvda daily analysis, shortshowing sings of rejection at the projected resistance, shorting small position here and waiting for a daily confirmation
NVDA Today Nov. 7, 2024Key Levels
Support Levels:
$139.91: This level has shown recent support and could act as a strong base if NVDA retraces.
$135.32: Lower support level, which could become a key area if there’s a larger pullback.
$132.04 - $132.11: Major support zone that held in previous sessions, which would be crucial to monitor if the stock drops significantly.
Resistance Levels:
$146.49: This appears to be an immediate resistance level around the high.
$150 (psychological): Often a round number like this acts as psychological resistance if NVDA rallies past recent highs.
Price Action
NVDA has been in a steady uptrend after breaking out of a downward trend, moving into a higher consolidation range. The current setup indicates:
Rising Channel: The price is moving within a rising channel, showing a bullish trend. A breakout above or below this channel could signal either a continuation or reversal.
Volume Profile: Volume has been increasing on green candles, indicating strong buying interest. This confirms bullish momentum.
MACD: Shows near overbought levels suggests NVDA may experience short-term consolidation or minor pullback before another potential move up.
Trading Strategy
Bullish Bias:
If NVDA breaks above the $146.50 resistance with volume, it could signal a continuation of the uptrend. Consider a long position targeting $150.
Consolidation or Pullback:
If NVDA fails to break above $146.50 and retraces, look for support around $139.91 for potential entries.
Downside Risk:
A break below $135.32 might indicate a bearish reversal, with possible retest of the $132 zone.
mY Thoughts
NVDA’s trend remains bullish with a solid support base and strong volume. However, short-term resistance around $146.50 should be monitored closely for breakout or reversal signals.
Disclaimer: This analysis is for educational purposes and does not constitute financial advice. Always conduct thorough research or consult a financial advisor before trading.
NVIDIA (NVDA) Ready for Next Move? | Scalping & Swing Trade TAOverview: NVIDIA has been consolidating after a strong uptrend, currently trading around the $145 zone. This could be a pivotal area for both scalpers and swing traders.
Scalping: Look for a potential bounce around $144-$145 for quick plays. Watch for resistance at $148-$150 for potential profit-taking.
Swing: If NVDA breaks above $150 with volume, it could test $153 or higher. Otherwise, a pullback to $140 may offer another entry.
Disclaimer: This is not financial advice; please trade responsibly.
NVIDIA (NVDA): Targeting $166 amid AI momentumNVIDIA continues to dominate the AI and computing landscape, with a significant development in Japan: SoftBank’s telecom unit will soon receive Nvidia’s advanced Blackwell chip design for its supercomputers. The upcoming earnings report on November 20 is critical in sustaining NVIDIA’s exceptional growth trajectory.
CEO Jensen Huang’s company has projected third-quarter revenue of approximately $32.5 billion, propelled by substantial demand for Hopper and Blackwell GPUs. These GPUs are crucial for strengthening NVIDIA’s data center segment, which currently operates with an impressive 68% margin. Priced between $30,000 and $40,000, Blackwell chips are already seeing high demand, with production scaling in Q4 2024.
From a technical perspective, NASDAQ:NVDA still has room to grow, with a targeted area of $166 or higher in the short term. We are closely monitoring the stock for either a move into this target or a shift in market structure that could change the outlook.
Stay tuned for updates as we approach the earnings call and as NVIDIA continues to set new milestones in the tech space.
NVDA buyingCup and handle formation is positive in an uptrend and has broken through the neck of the cup.
The 3 New Rules For Trading Nvidia StockIts been a long night i really feel
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I had a cup of coffee around 17 hours
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This is why I have developed the 3 rules for
trading NASDAQ:NVDA
Rule 1:The price has to be above the 50 ma
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Rule 3:The price should gap up in a trend
Now I do love dip-buying stock prices
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Nvidia Mania.Nvidia Mania.
RECORD distance from 36 month moving average unwinding.
Peak FOMO most likely behind us.
Lots will get trapped.
#nvidia #nvda #capitalrotation
NVDA heads up at $148.64 then 151.86: Before and After 150 roundNVDA has some major landmarks near 150 round.
Early selling could start a pullback from $148.64
Stop hunts above psych val could pop to $151.86
Of course, 150 round number will be a battle.
But the fib levels show the SUM of all decisions.
So we look for topping signs (or not) at our fibs.
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