NVDA FOR BULL RUNLooking for break in structure as long as 116 area is not traced back 121 zone is fair value zone for entry. Need to cross 130 area with momentum, entry on retestLongby pandhicapitalPublished 3
Opening (IRA): NVDA Nov 15th 83/98/143/158... for a 2.70 credit. Comments: 30-day IV remains fairly decent here at 48.9%. Going wider than I usually do from a delta standpoint, with the short option legs camped out at the 16 delta, but with the wings at standard width (1/10th the price of the underlying), knowing that I will probably adjust the setup at some point given its duration (56 DTE). Earnings haven't been firmly announced yet, but are likely to occur right around mopex (~11/14), so will look to be out of the trade by then. Metrics: Buying Power Effect: 12.30 Max Profit: 2.70 ROC at Max: 21.95% 50% Max: 1.35 ROC at 50% Max: 10.98% Will generally look to take profit at 50% max; roll in sides to delta balance.by NaughtyPinesUpdated 2
[NVDA] Give it another tryThere's a beautiful pattern on NASDAQ:NVDA daily chart about to complete. The 1st attempt was failed, now it wants to give another try. MACD downtrend line has been broken...usually price follow suit...but in the market, always prepare for the un-norm. Cherio...Longby moressayPublished 2
Will NVIDIA break the upper trend line of triangle?It looks likely that NVIDIA will break the upper trend line of the triangle in a few days unless some event rocks the market.Longby spranavPublished 8
Nvidia Stock Analysis: Demand for AI Chips Fuel Bullish MomentumNvidia’s meteoric rise in 2024 has been nothing short of remarkable, fueled by the surging demand for its AI chips. Nvidia CEO Jensen Huang described this demand as "insane" during an interview with CNBC, sparking even more excitement around the chipmaker’s stock. As of Thursday's premarket trading, Nvidia shares are up 1.91%, and all eyes are on the company’s continued growth potential. Insane Demand and Strategic Partnerships Nvidia (NASDAQ: NASDAQ:NVDA ) has emerged as a global leader in AI infrastructure, with its next-generation Blackwell AI chips driving much of the growth. Huang's comments highlight the unprecedented demand for these AI chips as companies across various industries race to build out their AI capabilities. Nvidia’s strategic partnership with IT consulting firm Accenture is another critical factor driving growth. The collaboration aims to help businesses implement AI-powered solutions using Nvidia’s cutting-edge technology, further extending Nvidia’s reach into the enterprise AI market. This partnership underscores Nvidia’s ability to build an ecosystem of AI-driven businesses, drawing comparisons to tech giants like Microsoft and Oracle. By expanding its AI infrastructure, Nvidia is ensuring its long-term dominance in the AI space, and investors are responding in kind. Nvidia’s stock has surged 140% year-to-date, far outpacing expectations. Strong Financial Performance Nvidia’s financials remain impressive. The company has consistently outperformed Wall Street’s projections, driving a rally in its stock price and contributing significantly to the broader market rally in the S&P 500. The expanded partnership with Accenture further solidifies Nvidia’s position as a dominant force in the AI landscape. Additionally, demand for AI chips from companies and governments alike continues to rise, making Nvidia the go-to choice for building AI infrastructure. Nvidia’s massive year-to-date gains have been driven by demand across various sectors for AI solutions, cementing its place at the center of the AI revolution. This success is only expected to continue as Nvidia rolls out more advanced chips and expands its partnerships. Technical Outlook From a technical perspective, Nvidia’s stock is showing signs of even further upside potential. After peaking in June, NASDAQ:NVDA has been consolidating within a symmetrical triangle pattern—a classic chart formation that suggests a period of consolidation followed by a significant move in the direction of the prevailing trend. This pattern is a bullish signal, especially given Nvidia’s already strong uptrend in 2024. If Nvidia’s stock breaks above the triangle's resistance level, the technicals point to further upside. Key price targets to watch are $128 and $139 ### **Support Levels: Key Breakdown Area to Watch** Despite Nvidia’s strong bullish momentum, it’s important to consider potential downside risks, particularly in light of the stock’s history of price fluctuations. The key support levels to watch are $110 and $97, which aligns with a trendline linking the March peaks and the 200-day moving average. This area could provide a safety net if Nvidia (NASDAQ: NASDAQ:NVDA ) faces short-term selling pressure. Conclusion Nvidia paints a compelling picture for long-term investors. The ongoing surge in demand for AI chips, coupled with Nvidia’s strategic expansion into enterprise AI through partnerships like the one with Accenture, sets the stage for continued success. With Nvidia’s stock forming a bullish symmetrical triangle pattern and key price targets pointing to significant upside, now may be the time for investors to ride the wave of this AI-powered growth story. However, investors should also be mindful of potential support areas in the event of short-term volatility. All in all, Nvidia (NASDAQ: NASDAQ:NVDA ) is primed for continued dominance in the AI chip market, and the stock's technicals suggest there's more room to run.Longby DEXWireNewsPublished 6
Livin NVDA Loca We're been livin NVDA Loca for a couple years now, but it seems to be a pretty clear macro ABC up here. The question is, 3-3-3 flat to 80-90; or 3-3-5 to 40-45? She got dumps like a truck truck truck, baby move your stop, stop, stops All night long, let me see that Thoooonnnngggggggg Shortby Nicklaus68Published 115
Reverse Head and shoulders1-3 month time frame, next earnings release could be catalyst along with recently launched open source AI tools. Appears to be reverse h&s forming Longby Cup_NoodlesPublished 225
$NVDA -trendline resistance at $123NVDA - Stock Up after hours after CEO mentioned company's Blackwell chip on schedule. Stock has trendline resistance at $123.50. looking for calls if that level breaks. Stock is strong on indicators. by TheStockTraderHubPublished 2
NVDA LONG Good R:R S&R long on NVDA. TP1 is wick fill at 125 TP2 is nex res at 130Longby Ccgp-investmentsUpdated 6622
#NVDA: Is price going to hit 200-210? Let's wait and seeDear Traders, First of all, we are mainly looking at the technical and we make decision on what we see on the chart. That is why in our view, behaviour of the price has shown us that there is possibility of swing buy coming and it can be one of the big buying opportunity/investing opportunity. Please this is no guarantee and do your own research before taking any entries.Longby Setupsfx_Published 4458
NVDA For Tomorrow Trading 10/8/2024Key Levels: Resistance: The recent high at 130.63 is a critical resistance level to watch. Breaking this level could lead to further bullish momentum. Support: There are several support levels on the chart: The first support is at 128.10, where NVDA is currently hovering. A lower support zone is at 126.62, and below that, strong support is seen around 123.06 and 122.35. Trendline: NVDA is trending upwards, following the white ascending trendlines. As long as it respects this trend, NVDA could continue its upward move. A break below the lower trendline could signal a reversal, and 126.62 would be the key level to watch for downside potential. Volume: The recent increase in price has been accompanied by higher volume, which is a positive sign of bullish momentum. However, volume appears to be tapering off slightly, which could suggest potential consolidation or a pullback. Indicators: While not visible, based on the price action and consolidation around 128.10, the current momentum may slow down if it fails to break through resistance. Plan for Tomorrow: Bullish Scenario: If NVDA holds above 128.10 and breaks through 130.63, expect a continued move upwards, potentially testing higher resistance levels around 132.50-135.00. Bearish Scenario: A break below 126.62 could signal a deeper pullback toward 123.06, with the next support at 114.84. Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any trading decisions.by BullBear-InsightsPublished 3
Chart Pattern Analysis Of NVDA After K1 break up the initial uptrend channel, a bearish harami pattern of K2 and K3 stopped the strong bullish momentum. The market turned to be more neutral. It seems that a consolidation will lasts for months here. And the decreasing demand also verified it.by nothingchangeherePublished 1
The AI Mania: The TruthFinancial prices are not reasoned, and they are certainly not random. The only logical conclusion is that they are unconsciously determined. NVDA is a striking example of this reality in the financial markets. Let’s consider the past three years. Many may not realize that the majority of U.S. stocks peaked in 2021. The recent all-time highs in a few select technology companies have served as a smokescreen for an ongoing bear market that began that year. NVDA, at the center of the AI craze, exemplifies this trend. Since 2023, NVDA has surged roughly 1,200%. Is this due to any significant changes in the company or its earnings? No. The truth is that there is no logical way to evaluate what a stock should be worth. A stock’s value is simply what someone is willing to pay for it, and that price cannot be rationally determined. It seems likely, given the current evidence, that the market is following a robust fractal pattern described by the Elliott Wave Model. Prices follow this model because it is rooted in our DNA. The herding instinct, which resides in our basal ganglia, unconsciously drives us to join the herd when situations are uncertain and stressful. This unconscious, endogenous process affects every human being daily. Many of the choices we make, such as where we put our money (stocks, bonds, real estate) or even what we wear out to dinner, are influenced by this unconscious social mood. R.N. Elliott discovered that the stock market, our main meter of social mood, follows a hierarchical fractal pattern. This pattern describes the movements of social mood, which then influences a person’s mood, which in turn influences their emotions, leading to actions. Under this framework, the character and tenor of news/events become predictable. Many point to P/E (price/earnings) ratios as a measure of value, but this indicator has proven useless for NVDA. Its P/E went from 19 in January to 144 in March to 56 currently and maintained a uptrend the entire time, yet its investors do not seem concerned. Let me make a bold claim that shouldn’t be bold at all: NVDA is the new Cisco, echoing the dot-com bubble. This will end the same way every financial mania has ended since the South Sea bubble of 1719-1722—with a major crash. There is nothing logical about NVDA trading at a P/E of 144 (and now 56), yet analysts still tout it as one of the greatest investments of our time. I am not arguing that AI isn't revolutionary. I’m saying there's a difference between AI and AI stocks. AI solves problems; AI stocks rise and fall with the market's mood. The internet is still with us, yet internet stocks (NASDAQ) crashed 78% after the internet mania of the early 2000s. A change is coming to the world of finance, where empirically driven analysis will be seen as much more fitting for the financial marketplace. The paradigm on which modern macroeconomics depends is fallacious. The tide is changing. Watch as fundamentalists and growth stock enthusiasts hide away and rationalize any reason for why the crash happened. Many will exclaim that it was obvious, saying things like, "The yield curve was inverted for over 750 days; of course, we were going to get a recession!" But that's not what they’re saying now! Now they are giving you every reason to buy and hold. The truth is, there has never been a time in financial history where we have seen overvaluation like we are seeing today. To put this in perspective: the base money supply is $7 trillion. Derivatives bets control over $200 trillion. THIS SPECULATION BUBBLE WILL NOT END WELL. Be safe. My target for NVDA is 11 dollars Cheers, Bardini Capital aka abardini Work Cited: Prechter, Robert R. The Socionomic Theory of Finance. Socionomics Institute Press, 2016. Despite the criticism directed at Prechter, his research remains remarkable and largely unrecognized by the public. Yes, he’s made some incorrect predictions in the past, but dismissing all of his work because of a few bad calls is shortsighted. And if anyone finds an analyst with a perfect track record, let me know.by BardiniCapitalUpdated 8818
Nvidia update.I told my self that am no longer react to negativity as my work speaks for my selfs,150 is our first target while they are still looking for more sell,just a small pull back to 129 positions yourself n target 150 dont goo against the trend bcz it's been buying ,they trend up all of stocks that i trade they only do corrections after they reach targets,even if we have recession is for short time to sell even I it can for 6 mouths or 11 but that's what a corrections but we trend were up,soo until you understand this you will be able to manage to trade n hold your trades for a very long period,am not gonna share everything but bit by bit I will try my best l.Longby mulaudzimphoPublished 3
NVDAThe growth potential here is limited — we're approaching the end of the ending diagonal. After that, I expect a significant correction. Whether it will be a correction of the entire impulse or an extension of the final fifth subwaves will depend on the depth and duration of the anticipated pullback.Longby Lazy-LizardPublished 2
Nvidia update.I told my self that am no longer react to negativity as my work speaks for my selfs,150 is our first target while they are still looking for more sell,just a small pull back to 129 positions yourself n target 150 dont goo against the trend bcz it's been buying ,they trend up all of stocks that i trade they only do corrections after they reach targets,even if we have recession is for short time to sell even I it can for 6 mouths or 11 but that's what a corrections but we trend were up,soo until you understand this you will be able to manage to trade n hold your trades for a very long period,am not gonna share everything but bit by bit I will try my best l.Longby mulaudzimphoPublished 2
NVDA - breakout continues NVDA - break out continues on this one after symmetrical triangle pattern breakout at $125. Stock hit first target of $130 watching for $136 and $140 next two targets in play. Stock is strong on indicators.by TheStockTraderHubPublished 1
$NVDA Target HIT at 135 from 106.19!We finally did it team NASDAQ:NVDA hitting targets and over 250% on the options Thank you so much for all of your support AND please drop a like if you like my work and want more top picks!Longby tradingwarzonePublished 3
NVDA Wave Count: Wave 3 Targets Above $125, Breakdown Below $123Hey traders, it’s Mindbloome Trader here with an NVDA wave count from the 4-hour to 30-minute chart. If we break above $125, we’re aiming for wave 3 on the upside. But if we drop below $123, we could see more downside action. Stay sharp and trade what you see!10:36by Mindbloome-TraderPublished 1
Trade What You SeeLooking for this rally to fizzle, will size into a short position. by MechanicalTrader13Published 2
NVDA (Nvidia) Technical Analysis for October 3, 2024:The Nvidia shows a corrective pullback that now seems to be attempting a rebound. Key Levels: Resistance: $122.40 - A critical resistance level; Nvidia could see heavy selling here if it continues the upward movement. $127.66 - A higher resistance, less likely to be tested unless the stock clears the previous key level at $122.40. Support: $117 - First line of support; previously tested. $114.76 - Key structural support; breakdown here could open room for a deeper correction. Price Action & Setup: Nvidia has formed a descending wedge pattern, often indicative of a potential breakout. Recent price action suggests Nvidia is testing resistance near $120.60, and a failure to break higher could result in a pullback to test lower levels around $117 or even $114. Entry/Exit: Entry: Potential short opportunity if the price fails to break $122.40. Alternatively, a break above $122.40 with momentum could offer a long setup, aiming for $127.60. Exit: For shorts, target levels around $117 and $114. Long positions could take profit around $122-$127.by BullBear-InsightsPublished 4
Reacting to Change Part 1: Consolidation PhasesWelcome to our 2-part series on adapting to change in trading, where we dive into the art of staying flexible in dynamic market environments. In Part 1, we’ll explore how traders can effectively navigate consolidation phases and avoid the pitfalls of rigid analysis. The Trap of Over-Defining Consolidation: Price Action is Fluid, Not Fixed One of the biggest challenges in trading is dealing with consolidation phases—those times when the market enters a short-term equilibrium, leading to a high degree of random price action. During these phases, it’s tempting to box price movements into neatly defined patterns like triangles or channels. While this can offer an initial framework, the reality is that consolidation patterns are constantly evolving. Trying to over-define these phases or stick rigidly to a single pattern often leads to frustration and missed opportunities. In consolidation, price action is fluid, not fixed. What starts as a symmetrical triangle might morph into a flag, or a sideways range may develop into a wedge. These shifts are common because consolidation phases by definition are periods of indecision, where neither buyers nor sellers dominate, causing price to "walk" in a seemingly random manner. When we try to force the market into the confines of a rigid pattern, we risk missing these subtle changes and become despondent when the market doesn’t behave as expected. Instead, successful traders stay adaptive. Don’t be afraid to re-draw the boundaries of a consolidation phase as new information emerges. You can begin with an initial hypothesis based on a recognisable price pattern, but it’s essential to remain open to the possibility that this pattern might evolve or even fail entirely. Flexibility allows you to adjust your parameters to reflect what the market is telling you rather than clinging to a fixed idea. By embracing the fluid nature of consolidation phases and adjusting your approach as price action unfolds, you stay aligned with the market, increasing your chances of catching the eventual breakout or breakdown. Real-World Example: FTSE 100 In this example, the FTSE 100 moves from a small initial consolidation phase into a sideways range with failures at the top and bottom, before eventually breaking out. Those who failed to adapt to the changing consolidation structure may have been caught out with false breakouts and missed the eventual breakout. FTSE100 Daily Candle Chart: Phase 1 Past performance is not a reliable indicator of future results Phase 2 Past performance is not a reliable indicator of future results Phase 3 Past performance is not a reliable indicator of future results Breakout Past performance is not a reliable indicator of future results Combine Flexibility with Core Principles While flexibility is key, it’s essential to combine it with a solid foundation of core principles. Flexibility without a framework can lead to erratic decisions, but by grounding your adaptability in a few guiding rules, you’ll better navigate consolidation phases. 1. Aligning with the Dominant Trend: Consolidation phases have a tendency to resolve in line with the dominant trend. Hence, the first step is to define the dominant trend, which varies depending on your trading timeframe. Whether you're using moving averages or trendlines, having a clear sense of the overarching market direction can guide your expectations for a breakout. 2. Defining a Breakout: A breakout from consolidation is more than just price moving outside a range. Look for an expansion in trading ranges, backed by an increase in volume. The combination of these factors helps confirm that the market is truly breaking out, not just teasing false moves. 3. Watch for Changes in Volatility: Volatility often contracts during consolidation phases. One of the best indicators of an impending breakout is when volatility begins to contract. Pay attention to tightening price ranges and be on alert when those ranges start to widen. Real-World Example: Nvidia (NVDA) In this example we see the importance of using core principles to as a framework for flexibility. The 50 day moving average (MA) and 200MA clearly show the dominant trend is bullish. This is important during Phase 3 (below) in which the market appears to break lower. In Phase 4 we see clear volatility compression at the top end of the consolidation range – a clear indicator of an impending breakout. NVDA Daily Candle Chart: Phase 1 Past performance is not a reliable indicator of future results Phase 2 Past performance is not a reliable indicator of future results Phase 3 Past performance is not a reliable indicator of future results Phase 4 Past performance is not a reliable indicator of future results Breakout Past performance is not a reliable indicator of future results Avoiding Despondency Through Flexibility Expecting a breakout or breakdown that never materialises can lead to frustration, especially if you’re locked into a rigid view of the market. By combining flexibility with your core principles, you’ll be better prepared to react when the market shifts—and avoid becoming despondent in the process. The secret to successfully navigating consolidation phases isn’t about predicting the next move—it’s about reacting to change while being guided by solid principles. Patterns evolve, and so must your approach. By balancing flexibility with core rules around trend direction, breakouts, and volatility, you can capitalise when the market finally resolves its range. In Part 2 of our series, we’ll explore how adapting to trend changes is just as crucial as navigating consolidations, and why flexibility is a trader’s most valuable asset in any market condition. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.51% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Educationby CapitalcomPublished 4
Covered call on NVDAI bought more shares here! :-) Selling the $132 for 1% for 10/25 expiration! =-) I WOULD LOVE to sell at $132 and pay taxes on more money. Longby ReallifetradingPublished 4