NVDA Trajectory if it follows CSCOThis is a time-accurate depiction of what NVDA could do if it follows the route CSCO took after the dot com bubble
Per David Levenson "At its peak, CSCO 5.5% of GDP, NVDA 11%. It's so obvious."
NVDAB trade ideas
Chart Pattern Analysis Of NVDA
After K2 close below the uptrend line and tested the ice line,
K3 failed to break up or close below K2.
It seems that the bear force is losing its control to the market.
A consolidation is likely on the way.
The following candles will price up or price down to test the resistance or the support.
If the following candles close upon the ice line,
It is likely that the previous month scale bull market will regain its strength.
If the following candles close below the 0.5fib line,
It is likely that the present downtrend will keep expanding.
NVDA: Selling is Picking UpNVDA's monthly chart is showing me that there is a lot of downside still left. I was hoping for one last run up to 125 at least, but todays high marked the end of wave 2 and wave 3 down is beginning.
PT1 is 95, PT2 is 91
NVDA $105 good buying area to $120!See the channel formation bottom at ~105(has a large order block as well) at that area and expect to go to 119-120 from there with volume.
Nvidia - The tide is (finally) turning!NASDAQ:NVDA is about to create a bearish reversal which will lead to a -60% correction!
Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is just the beginning of another potential bear market, like we saw it back in 2018 and 2021...
Levels to watch: $55
Keep your long term vision,
Philip - BasicTrading
NVIDIA I expect an up move to the short zone NVIDIA I expect an up move to the short zone and then a down move to take profit 1 and then to the target
Nvidia Adds $330 Billion in a Single DayNvidia's stock valuation skyrocketed, adding $330 billion in a single day, surpassing its prior record gain of $277 billion.
This increase was fueled by Microsoft announcing a 60% increase in AI spending for 2024, totaling $69 billion.
Consequently, Nvidia's stock price surged nearly 13%, elevating its market cap to $2.88 trillion and making it the third-most valuable company globally, behind Apple and Microsoft.
Despite this record-setting performance, Nvidia faced a tumultuous July, with its stock price decreasing by 16% throughout the month, closing down 5% despite a partial recovery.
This decline reflected broader market volatility, as seen in the Nasdaq’s 1.5% drop. On Tuesday, Nvidia's shares dipped 7%, testing the crucial $100 support level.
However, the positive response to Microsoft's investment suggests Nvidia might maintain its momentum above this critical threshold.
Last month, the stock hit multiple highs, peaking at $140 on June 20, indicating strong market confidence. For Nvidia to surpass this record high, its stock would need an additional 20% gain.
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Can't keep NVDA down!What an impressive breakout! It was inevitable that a stock of such value would pivot towards success. I'm on the lookout for a retest to join in on the breakout.
nvda nvidiaLet Nvidia lead the way. #evidia #NVIDIA NASDAQ:NVDA only a #few cause and effect. #StockMarket #bearmarket #bearcycle #downtrend #myart #trader nvda
NVDA Long - Thoughts?Looking for thoughts...
The last extreme bottom on the MOM was a prior earnings move.
Great level has been tested!!!Notwithstanding the level has been tested, but have to wait for a buy signal (long position)
$NVDA ONCE IN A LIFETIME (WE DID IT TEAM)DO YOU SEE THE POWER OF FIBONACCI PYRAMID NOW?
They literally tagged the 618 after hours and EXPLODED 100.50 and RALLIED 20%!
Institutions love to use ROBOTS and ALGOS to pick up DISCOUNTS and this is MY FOCUS
I told yall I WILL PAY FORWARD MY GAINS
Drop a LIKE
$NVDA "10min" Candles "Reversal" #Tell #CoincidenceAlways looking for patterns, while short NASDAQ:NVDA today I noticed that the "10min Candles" with "Reversal Candles Indicator" are SPOT ON! , check for yourself.
THE CHART POSTED IS 15 MIN BECAUSE TV THINKS YOU CAN'T EXPLOIT IT #LongTerm
Change chart to 10 min candles, add reversal candlestick indicator, be PAYtient for SETUP then sow the profits...
Puke man turned out to be CEO Jensen LMAO
PS: Mentioned DCB (Dead cat bounce) numerous times on my other NVDA post...
-Prophecies
NVDA Hourly Chart Channel ResistanceNVDA is currently up 11% on the day with FOMC happening in a few hours. This 11% came from the tailwinds of the AMD earnings and we must not forget what happened the last few days of trading.
If the top channel here on the hourly chart confirms resistance, I think there is a high probability downside trade in the next couple hours and possibly into a longer swing trade.
NVDA: Green Days AheadNVDA has been selling off hard over the last week, but I see hope for the bulls over the coming weeks. NVDA is up in after hours strongly due to... well, you could say AMD. In reality, the market moves in waves and is actually not hard to see once the bull/bear blinders are taken off. This is what makes a successful trader: making money on the up and downside. Every movement is like a single breath going into the lungs. Breath in...breath out... NVDA sellers are out of air and now the bulls are coming to suck life into this stock. I still expect a move to 133 in the coming weeks, but let's wait and see what happens at 116. I still would like to see a turn around on the SMA's, so 116 is not the first hurdle before any further incline in price.
$NVDA #BroadeningFormation Price Target: #Still $180The prophecy of the "Abandoned Baby" was "so nice, they ran it TWICE" ;p
www.tradingview.com
With "No Change" to rates and the right #FedTalk , I see no way this doesn't climb much higher.
music.youtube.com
#TooDamnHigh
My play = 115Cs + 130Cs 9/20/24 exp ;)
(Haters say I don't make callouts?!)
Set it and forget for = #GoldenSetups
No luck , No fun , Just HARD work , we are PAYtient for days like today...
-Prophecies_R_Us
Nvda correction to local median value Confident NVDA will bounce back up to around 120-121 before making a decision on where it wants to go in the next week
I’ve been LONG nvda since 135
Hedged bet with leveraged etfs and took profit in post market last night
80% + chance for nvda to touch 120 in the coming days
Im bullish
From that point price action and resistance will spit out another trade signal
Chance Of Recovery In The NVIDIA StockWith its quarterly results, AMD seems to have saved the semiconductor sector - at least for the time being.
This means that NVIDIA also has a chance of recovery.
This trading idea uses the obvious downtrend line and a hidden trend line as a price target. The bullish assessment is underpinned by corresponding divergences in the PVT indicator.
$NVDA #Bullish #AbandonedBaby #ItsAPattern PriceTarget; $180The bullish abandoned baby is a type of candlestick pattern that is used by traders to signal a reversal of a downtrend. It forms in a downtrend and is composed of three price bars. The first is a large down candle, followed by a doji candle that gaps below the first candle. The next candle opens higher than the doji and moves aggressively to the upside.
The expectation is that the price will continue to move higher as the pattern shows that selling has been at least temporarily exhausted. The bullish abandoned baby can be contrasted with a bearish abandoned baby pattern, which marks the possible end of an uptrend.
www.investopedia.com
Clear as day if it can close above 116 on the week! I will be PAYtiently WAITING for entry tomorrow at 359pm if NASDAQ:NVDA solidifies this technical pattern ON MY FIB LEVEL!!!!
#GOLDEN #SETUP #POTENTIAL
THIS IS A BIG ONE!!! I would ride it up to 180 via Fib extension.. End of YEAR, not summer, times have changed... #WHITEBOYSUMMER is for the few that were able to survive the #GreatShakeOut
-Prophecies
PS; Stay tuned for updates
NVDADescending Triangle on daily TF. Target x1 = x2, around 95. Confluence with the fact that there's gap between 96.02 and 101.52.
Hidden RSI div on NVDA weekly chart, new leg up comingNew hidden RSI div on Nvidia's chart.
You can see how the last hidden RSI div broke out between April and June. Pre market buying has already started strong, looks like the AI euphoria continues.
Judging by my pretty amateur use of the Fib extension tool, my finger to the wind guess is bulls target breakout to $170 by mid Q4.
Let's see.
Premarket ThoughtsInflation Rates, FOMC.
NVDA up in the premarket along with other big chip names.
Spotgamma shows us nearly above the Vol Trigger and Hedged Wall on SPY.
Looks like today could be a mandate on Tech
NVDA looks bullish for this week!There is saying "When there is blood in the street, that is time to buy". We have had a nice price correction right as I predicted last week. Now the momentum looks positive in short term for the NVDA after a dip today.
Targets are $112, $115 and in very good case $118-120.
