TESLAtechnical favors the upside. however depends on the market how it responds to this trendline and earnings for q3 and q4,looking for major breakouts . long term projections are 350 and 400
NVDA trade ideas
NVDA: Wave 2 Complete (or Close)NVDA has developed the most clear wave structure of the stocks and indices I follow, so I'm using NVDA as a standard for the overall market wave structure. Wave 2 is an ABC pattern on the 1HR with A finishing at 108.80 (Aug. 7), Wave B at 98.69 (Aug. 7) and C finishing around 127 (if not finished). I have calculated Wave 3 or 5 (depending on the length of 3) will complete around April 19 low of 75. C wave can extend the length of 161.8% or up to 261.8% of Wave A. If NVDA does go higher than $127, be patient.
PT1 110, PT2 102
nvidia preforminga penetration of our pivot point and a quick return, a bullish retest provided a buy signal
WOWOW wonderful!
i anticipate the next report from nvidia, the revoloutionary company, to be positive that would wake some more money in the market to want a piece of this cake.
nvidia can still make a new ath at 1.618 189 and 2.618 250
more 0.618s are at 218 and 168 for anyone trying to trade this.
but in all honestly if nvidia keeps going the way they are going
an extra bubble will be formed.
the big sell off will happen only when there would be so many participants no one could get a piece of the pie.
proffesionals dont want crumbs and a correction can occur from any of these all time highs levels.
make sure you have these pivot points and trendlines to work with in confluence of your next buy entries.
the most bullish scenerio is turning this upside fib 0.618 to support
the next bullish scenerio is a pullback doing the same at 0.382
the next one is ofc holding 0.236 a small penetration of the trend but if buying volume is high and we get out of that level fast and quick that would also be bullish.
if somehow hell break loose and we dont hold none of that and we have a bad year nvidia is effected and get a continued downward correction we have our pivots in confluence of trendlines for potential bottoms at 75 usd and 66 usd
i dont find the bearish scenerios to be likely but everything and anything is possible.
NVDA towards long and new highIf stock cross important trendline it will show new high of $152... lets track it
Crossover all the way till earningsVery turbulent, volatile, and changes price action, still room to run on the oscillators, crossover on EMA 100/200 and bullish sentiment.
$NVDA 95 to 124 ONCE IN A LIFETIMEI got BASHED for saying it...
But I DONT CARE -> I give you guys WHAT I TRULY FEEL can CHANGE your LIFE
Now FWB:12K Later
PROTECT your GAINS -> I am still looking for $150
NVIDIA _ Corporation _ Week _ 3 _ 4 _ Distribution _ Prices. NVIDIA _ Corporation _ Week _ 3 _ 4 _ Distribution _ Prices.
Note: After the Distribution for Accumulation stage = $129.38 , $130.36, $130.92, the it will drop to $119.08 to $118.61before moving to the Advance Stage!
____________________________________
Distribution prices for Stage 1 = Accumulation Stage as follow:
$125.17, $125.44
After lower drop to $122.49 to $120.29
Then:
_________________________
$126.30
$127.40
$129.38
$130.36 Follow by $130.88
___________________________
After the above distribution Retest must hold within the following key level of $119.08.
_____________________________
Then we move to the Advance Stage Distribution prices:
$133.91
$137.34
$138.04
$138.16
$139.25
Advance Stage Distribution = $140.58 , $141.41
NVDA - Pullback to mean ?NVDA has seen a significant rise. We could see pullback to Bollinger Bands mean around 50.
This is a 6 month chart, so could take some time to play out.
NVIDIAPrice is moving in an ascending channel and facing resistance at the level 125. In daily chart, though the price is bullish, it is near to trend line resistance.
Buy above 126 with the stop loss of 124.5 for the targets 126, 128, 130 and 132.
Sell below 122 with the stop loss of 123.5 for the targets 120.5, 118, 116 and 114.
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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.
Chart Pattern Analysis Of NVDA
K2 and K3 close upon the neck line,
It verified a fact that the previous downtrend had been reversed.
I will try to find opportunitites to buy it.
NVIDIA STRUCTURE Nvidia is a software and fabless company that designs and supplies graphics processing units (GPUs), application programming interfaces (APIs) for data science and high-performance computing, as well as system-on-a-chip units (SoCs) for the mobile computing and automotive market.
This is the structure we will be following, we will wait for prices to break above the weak high before we can make further decisions on what to do next.
Do well to like share and follow. Stay tuned for more updates.
NVDA BUY +++NVDA printing a buy signal on ichimoku cloud, we have overhead resistance at $125.60 and $128.73 but will likely test ath in coming weeks
NVDIA: th? t?ch favor?d by the drop in rat?s?HEllo.ThE nEw ratE cut cyclE pavEs thE way towards 200 tokEn.
I see an entry point for this stockBig volume at first 30 minute candle, and the price stays up, I believe in an uptrend
NVDA H&S FailureYesterday I explained there are two existing gaps on NVDA. If NVDA holds over 120, I believe we could see 124... after that it will depend on whether this will squeeze pre-earnings, which seems pretty possible. There are plenty people shorting NVDA so a squeeze is very possible.
NVDA also has a trend of failed H&S (visible before the last earnings). In order for me to truly believe this H&S is failing- I would want to see a breakthrough the 130's. Today will determine the first test. Holding over 120 is the goal -
A H&S failure means 200 inbound again.
I'm still in September calls but have trimmed a majority of them.
NVDA - Short Term Update - $118 Resistance - 08/15/2024NVDA is currently at the $118 resistance we discussed previously. I've moved that position to cash for the time being. Swinging some options in case we do get continuation to the upside, though. I'd like to see NVDA come back to $100 where I'd be buying back my equity but for now, just waiting to see what the price action does.
Short term upside targets if we break out of 118 would be 125, 130, 132.
To the downside, I'd see 112 as the first support, then 106 before ultimately seeing 100.
Taking profit felt good, now I will patiently wait for the market to do something on this historically bearish time period. August on average has a -4.45% return on the S&P since 1950, and Aug/Sep combined is an average return of -5.8%. October tends to be the best month to be a buyer with an average return of 4% after 2 months and 6% after 6 months.
NVDA L 150824**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 118.20
**Stop Loss:** 117.39
**Take Profit 1:** 119.91
**Take Profit 2:** 120.21
**Risk/Reward Ratio:** 2.11
**Timeframe:** 4h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
$NVDA Unpopular Opinion $85 Post EarningsThis is purely charting and does not pertain to earnings at all. But the charting of past highs and lows with fibonacci circles certainly appears as if we're setting up for a large leg down. After hitting the June highs, we've been bouncing between lines and using the pattern to chart the pattern - it winds up independently hitting after their earnings date of August 28th. Coincidence - absolutely. Interesting - absolutely.
NVDA: Reversing the Trend - D & W charts.The NVDA stock chart, viewed on both daily and weekly timeframes, presents a significant technical picture with clear pivot points and support levels that are shaping its current market behavior.
Daily Chart Analysis:
On the daily chart, NVIDIA has shown a bullish pivot point triggered near the $108.80 level, which has led to a rebound in the stock price. The move above this pivot suggests a potential shift in momentum, with the price now approaching the next resistance level around $120.16. This area may act as a psychological barrier, as it aligns with previous highs where sellers previously exerted pressure. The recent upward movement indicates a strong recovery from the $96.02 support level, which was a gap support, showing that buyers are stepping in to defend these lower prices.
Weekly Chart Analysis:
The weekly chart highlights the importance of the $97.40 level, near the gap support seen on the daily chart, which represents a major long-term support zone. This area has been tested as a resistance level in March 2024, and now it is a support level (Principle of Polarity), indicating its significance in the overall trend. The price's ability to stay above this level reinforces the bullish sentiment seen on the daily chart. Moreover, the proximity of the 21-week EMA to the current price suggests that this moving average could act as a dynamic support, helping to maintain the upward trajectory. Last week, the price did a false breakout from this key point.
Conclusion:
NVDA's recent price action is showing signs of recovery after testing critical support levels. The bullish pivot point on the daily chart is a key signal that could lead to further gains if the price can overcome the resistance at $120.16. On the weekly chart, the solid support around $97.40 provides a strong foundation for the stock's longer-term trend. For now, we should watch these levels closely as they will likely determine the next direction for NVIDIA's stock price. If the price manages to hold above the support and continue its ascent, it could signal a renewed bullish phase for the stock.
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Remember, real trading is reactive, not predictive, so let's stay focused on the key points described above and only trade when there is confirmation.
“To anticipate the market is to gamble. To be patient and react only when the market gives the signal is to speculate.” — Jesse Lauriston Livermore
All the best,
Nathan.
Broken out of downwards trend. Broken out of downwards trend with volume. Seems like a breakout from here to new highs. Previous ATH will be a resistance though.
NVDA Pull BackLooking for a pull back to 111-110, before possibly bouncing.
Keep in mind there's two gaps around 120-124.
There's a large H&S forming on the chart, which to me looks extremely bearish, however if earnings cause a failure - we could easily see NVDA go over 150.
I've been holding 9/20 145 calls that have been up- trimmed many and will be holding shorter term puts in the meantime as a hedge.
If the H&S plays out it will inevitably lead to 50... possibly lower.
However, NVDA is infamous for H&S failures, which happened last time pre-earnings.
NVDA L140824**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 116.48
**Stop Loss:** 115.38
**Take Profit 1:** 119.87
**Take Profit 2:** 121.76
**Risk/Reward Ratio:** 4
**Timeframe:** 1h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
NVDA L140824**Trade Type:** long
**Ticker:** NDDA
**Entry Price:** 116.48
**Stop Loss:** 115.38
**Take Profit 1:** 119.87
**Take Profit 2:** 121.76
**Risk/Reward Ratio:** 4
**Timeframe:** 1h
**Trading idea only, not financial advice. Any use of this information is solely at the user's own risk.**
