NVDA: Buy idea: Bearish ChannelBuy idea on NVDA as you can see on the chart if only if we have the breakout with force the vwap indicator by a big green candle...
NVDA trade ideas
Nvdia GeardownAfter nailing the bottom in 2023 and selling over the years took my biggest stack and faded last week into the vwap everyday, looking at short opportunities now. Keep your eyes glued to that support level. Already broke on a huge volatility day enjoy the ride, Bounce here needs to lineup with the rest of the market, maybe see another rally we could fade
Chart Pattern Analysis Of NVDA
From K1 to K3,
It is a strong bearish three soldiers advancing pattern.
It is likely that K4 will keep falling to test the uptrend line or 0.382fib area.
90USD will be a value area to establish long-term positions.
I will try to buy it there.
NVIDIA Corporation _ Distribution _ Prices _ Quarter 3. NVIDIA Corporation _ Distribution _ Prices _ Quarter 3.
Following Distribution prices already confirmed, it may take few weeks or days dpeneding on the market condition.
There is still 1 more lower level of retest is missing, unless price is confimred a support above the $128.95 I would still be wtahcing this area. Lower Retest within the key level of $89.27 still mising.
________________________
Once this have been corrcted we will move to the 1st lower distribution prices.
Lower Distribution prices:
$95.56
$98.58
$100.64
$102.61
$103.23
_______________________________
Then Mid Distribution prices:
1st Distribution:
$120.78
$121.64
$128.95
__________________
Advance Stage Distribution:
1st Distribution:
$131.42
$133.92
$135.60
_______________________
2nd Distribution:
$136.57
$138.64
Execution: $139.57
Final Distribution for Quarter 3 cycle: $140.97
NVIDIA Stock Chart Fibonacci Analysis 080524Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 94/61.80%
Chart time frame : C
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the Support
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern.
When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point.
As a great help, tradingview provide these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved.
If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks.
If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
Strong buy! are of support , bulls are in controlI am buying this stock for swing trade, are of support ,the prices will go higher
Not sure correction is overNVDA's daily RSI still has room to drop. I'd like to see it go lower than April low's RSI to create bullish divergence.
NVDA bounce comingWith the huge dip this morning we saw NVDA bounce off the support at 90 I think we"ll stay between 90-110 until earnings. Despite rumors about a flaw in the new chip I think they still beat and guide higher as has been their trend and if a rate cut follows in september we could see bulls flood the market and push to a new high.
In other words buy while you can. NOT A FINANCIAL ADVISOR
Nvidia could see 30s before reaching 250Nvidia according to analysts earnings expectations could end up over 250 in the next 5 years or so. However, recent market volatility and increased economic weakness could cause profit taking in this popular growth stock.
There is an old gap near 31-37 which occurred in may 2023, and with forward earnings of 2.71, this valuation would be a fair value for NVidia where it would likely be supported. There is also an old high from november 2021, adding to the reasons why investors may gain confidence to support there.
30-40$ for NVidia would be decent value entry and attractive for value investors looking to benefit from the future growth. Remember, there is still risk in Taiwan with TSM, and geopolitical trade risk, so investors should demand a good deal when spending their cash on businesses.
$NVDA exhausted and correction anticipatedHello Traders,
Firstly, This is not a financial advice. This is just my interpretation of the technical aspects of price action.
NASDAQ:NVDA has been shooting up lately and formed the structure, that is similar to textbook gaps.
After the exhaustion gap the price is likely to correct. The dead giveaway will be a daily candle closing below the exhaustion gap.
NVDA compared to Wall Street Cheat SheetThere are a lot of similarities with Wall St. Cheat sheet and current market cycle of NVDA, what do you think?
Next real support for NVDA is around 92Short term trend is DN with angle 2 now approaching UP angles 2-3.
We have RED TrapZone and RED UMVD with RED BAR. That means there is no Buy signals for some time.
If you are tempted to Buy, just look to the LEFT when the TrapZone was GREEN and Trap Bars were GREEN with GREEN UMVD - That is how Buy environment looks like.
GREEN UMVD will show that buyers are starting to come in. What do you think ?
Nvidia - Last legup comingNvidia has been the leader in this bull runup, with everyone bearish, i still see last legup pending in it.
I had tried to put the chart on monthly time frame, can change to daily time frame to see precise levels. In my opinion Nvidia has already bottomed at 101 level, worst case scenario expect maximum correction to 95 in this wave iv correction.
ATH by end of year. :)
NVIDIAPrice is consolidating in the form of symmetrical triangle.
Buy above 207.5 with the stop loss of 206 for the targets 209, 211, 213 and 215.
Sell below 204.5 with the stop loss of 206 for the targets 203, 201, 199 and 197.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
NVIDIA implemented my August 1st scenario for shortNVIDIA implemented my August 1st scenario for short and we achieved take profit 1
NVDA SHORT to $100?After an epic run NASDAQ:NVDA appears to be testing its uptrend from April (green line), we could see a bounce but with the gaps present in the chart, I see a cheeky short to previous support around $100 (white line). RR is low, this is just an attempt to feel out this contrarian take.
Going Bullish and Looking Long - 3 Weeks Out ExpirationSo let's break this down.
NVDA hit the price target of 95-97, actually even broke below that giving up a little extra icing on the cake... We know that Ms. Market isn't going to allow people to get rich on short-term calls and her job is to stabilize growth in the market.
NVDA did the 10-for-1 stock split and made it much more affordable for retail traders to jump in. On the flip side, institutional money is happy to buy in as well at sub 100/share. Nancy Pelosi even jumped aboard this train...
Moving forward, what's my price target? Glad you asked.
My first target is 114 and I would expect a few speed bumps before we get there.
In the "red zone", more so orange on my chart, is the first point of major resistance.
Next up, somewhere around the region of 120. A nice, round number.
Heading north on the high end, 130 and beyond. Within 3 weeks? We'll see. I'm ambitious.
Nvidia is down 14% in Monday's Trading Entering Acquisition ZoneNvidia, a leading player in the semiconductor and AI sectors, has been making waves in 2024 with a series of strategic acquisitions. Despite facing increasing regulatory scrutiny and a cooling trend in AI mergers and acquisitions (M&A), the company is positioning itself for what could be its most acquisitive year yet. However, Nvidia's aggressive expansion strategy has not come without its challenges, reflected in its recent stock performance.
Nvidia's Acquisition Strategy in 2024
As of mid-2024, Nvidia ( NASDAQ:NVDA ) has announced four acquisition deals, matching its total for the entire year of 2020. This activity underscores the company's commitment to bolstering its capabilities and expanding its influence in the AI and semiconductor industries. Some of the notable acquisitions include:
1. Run:ai: In April, Nvidia agreed to acquire this Israeli firm known for its technology that enhances GPU efficiency. However, the deal has yet to close due to regulatory scrutiny from the U.S. Department of Justice (DOJ).
2. Deci AI: Another Israeli startup, Deci AI, was acquired in May for $300 million. Deci AI provides tools for developers to build AI models, further strengthening Nvidia's position in the AI ecosystem.
These acquisitions highlight Nvidia's strategy to integrate advanced technologies and enhance its product offerings, especially in the AI domain. However, the company’s rapid expansion has attracted the attention of regulators.
Regulatory Hurdles and Market Reactions
Nvidia's acquisition spree is occurring under the watchful eyes of regulators. The DOJ and the Federal Trade Commission (FTC) are investigating Nvidia, along with Microsoft and OpenAI, for potential antitrust violations. This scrutiny has delayed some of Nvidia's deals, including the acquisition of Run:ai, reflecting broader concerns about market concentration in the rapidly growing AI sector.
The regulatory environment is becoming increasingly challenging for large tech companies. Nvidia's past experience with regulatory interference is notable, particularly the failed $40 billion acquisition of ARM from SoftBank in 2020, which was terminated in February 2022 due to regulatory hurdles. This history underscores the complexities and risks associated with large-scale acquisitions in the tech industry.
Market Performance and Investor Sentiment
Amid these regulatory challenges, Nvidia's stock has experienced significant volatility. Recently, Nvidia shares plummeted 14% in Monday's trading session, marking a substantial decline that brought the stock price to sub-$100 levels. This drop is part of a broader trend affecting the semiconductor sector, with other major players like Advanced Micro Devices (AMD) and Intel also seeing substantial declines.
The market reaction reflects investor concerns over regulatory risks and the overall health of the tech sector. The semiconductor industry is particularly sensitive to geopolitical tensions, trade policies, and macroeconomic factors, all of which have contributed to recent market volatility.
Opportunities and Risks
Despite these challenges, Nvidia remains a powerhouse in the AI and semiconductor industries. The company's acquisitions aim to enhance its technological capabilities and maintain its competitive edge. For instance, the integration of Run:ai's technology could significantly improve GPU efficiency, while Deci AI's tools could streamline the development of AI models, both of which are crucial for Nvidia's growth strategy.
Technical Outlook
At present, Nvidia stock ( NASDAQ:NVDA ) has declined by 10.61% and is trading above both the 50-day and 100-day Moving Averages (MAs). The stock's Relative Strength Index (RSI) stands at 34, placing it within the oversold territory. Concurrently, the broader stock indexes and the cryptocurrency market are undergoing a downturn, with Bitcoin ( CRYPTOCAP:BTC ) plummeting to $50k, underscoring the market's volatility.
This situation has resulted in a 1 billion-dollar liquidation of trades today. Prior to engaging in any stock transactions today, it is prudent to conduct a comprehensive risk assessment as the Moving Average Convergence Divergence (MACD) has decreased by -2.29, indicating a pronounced bearish divergence.
Conclusion
Nvidia's aggressive acquisition strategy in 2024 reflects its ambition to dominate the AI and semiconductor sectors. While the company is navigating a complex regulatory environment and market volatility, its recent deals highlight its commitment to innovation and growth. Investors and industry observers will be closely watching Nvidia's next moves, especially as it approaches its earnings announcement on August 28. Despite the challenges, Nvidia's strategic acquisitions and technological advancements position it well for future opportunities in the dynamic and competitive tech landscape.
NVDA - Trade IdeaOk jumping in here by selling a PUT for this week expiration with NVDA. Just the premier company to own for AI and you buy the dips.
Sell To Open NVDA AUG9 95P @ 6.05 (One Contract)
Nvidia - Poser or the real deal? Well this has been an absurd run! Who would have thought?! Nevertheless, it's time to correct for a healthier move towards 150! Short on the short term.
Disclaimer: These are not trading signals. Trade at your own risk!
$NVDA The Even Bigger PullbackAs we watch NASDAQ:NVDA for our next short trading opportunity, we have to keep in mind the unfilled daily gap around 680. After a hefty pullback we could see the stock cluster and move higher looking for a double top where a second and even bigger pullback will occur and the gap below becomes filled. With markets turning higher and only 3-4 months left until seasonal tech reckoning in August/September, this next leg down will net life changing money for the Patient investor. A double top scenario does not mean both tops must be equal. In many cases these double tops either fall short or spike above previous highs. CCI has confirmed the high probability short on the weekly. Being a weekly chart it could stay in this zone a while, however with a weekly inside bullish close, we can assume higher price movement until then.
All things being equal, that second leg lower could happen before the double top.
