NVDA: Buy ideaBuy idea on NVDA as you can see on the chart if only if we have a breakout with force the vwap and the RL by a big green candle.Longby PAZINI19Published 9
Nvidia - A new Opportunity after beating Resistance!Daily chart, the stock NASDAQ:NVDA is forming a symmetrical triangle, and the price could not break out the resistance line R since June 2024. Technical indicators RSI and MACD are on the positive side; to have an upward movement. However, a new entry for bullish uptrend should be after 2 days trading above 128 -- Then the target price will be 175 A stop loss below the line SL should be considered. by snourUpdated 8
If Nvidia can break out, 170 is in the cardsNvidia has experienced significant volatility over an extended period. However, it appears poised to enter a new phase of price discovery in the near future. Currently, the stock is approximately 6% below its all-time high, and a breakout above this level could signal movement towards the next resistance zone around 170. This target is supported by both a 1-to-1 extension and a 1.618 Fibonacci expansion. With 37 days remaining until the next earnings release and the upcoming presidential elections, heightened volatility is expected. It is possible that Nvidia may reach the 170 level in the coming months.Longby madsrolandPublished 6
NVDA Possible downtrendFrom the daily chart I see a possible rising wedge. New to trading would love to hear some other opinions or ideas.Shortby DesireFaithPublished 9919
NVDA SWING BUY Following my Market analysis where I consider the market can bet the ATH, with strong crypto. NVDA looks very well for the fundamentals and technical. Defined a clear wedge in the High time frame, Breakout and now consolidating above the down trend, Looking for a potential Target as ATH or even Higher.Longby AJTRADER84Published 5
Trade Idea -- NVIDIA Corporation (NVDA)The chart of NVIDIA (NVDA) is showing a potential breakout setup from its current consolidation. The stock is trading within an upward channel, with resistance levels marked around 127. A breakout above 127 could signal the start of new bullish momentum, potentially leading to a continuation of the stock’s longer-term uptrend. This level has been tested several times, and a strong move above it may trigger further buying interest, especially if accompanied by rising volume. The trend line support below offers a key area to watch in case of a pullback before any breakout confirmation. by TraderhrTradingPublished 7
long NVDA ideacontinuation pattern breakout with tight stop very bullish staging on higher time frames blue sky breakout high probability of follow through entry $128.11 stop $114.8 max risk $92 sell at fib nodes +$13 (sell 1 share at high, set stop break even) +$64 (sell 2 shares at 1.32 fib) +$86 (sell 2 shares at 1.61 fib) +$186 (sell 2 shares at 2.61 fib) no trail Longby porterstonePublished 4
NVDA higher - correction - higher $145Looks like NVDA will top this week with a couple dojis near $136.83 to end the week, then a small correction toward $126;and then a push higher to end June and the 2Q at near $143.87 After hitting $143.87 a 3 wave correction like Mar-Apr correction toward $116 while market digests the recent bullish move finishing its 3Q-4Q higher near $145Longby shamgar331Updated 1110
NVDA price bounced exactly at the green zone, around 115.25. WOWThe price bounced exactly at the green zone, around 115.25. WOW, do you remember my analysis of Nvidia from last week? I can't even believe it myself; it was incredibly accurate! Every time I apply price behavior with price action, I always remember the words of my mentor, Al Brooks. He told me: "Just remember, Mike, price action is ALWAYS RIGHT." I believe that it's the trader who makes mistakes, not the price action, because it will always be on the correct side. That’s why I always recommend drawing trend lines, channels, and minimizing the use of indicators that might make you see something different. This way, you'll be more accurate in your decision when executing an order. Going back to Nvidia... There’s something about the last candle that has me a bit uneasy. This can be very misleading because the price HASN’T BROKEN THE CHANNEL YET! The advantage we have here is that the last candle shows a buying pressure wick, but it hasn’t fully broken out of the channel or shown volume yet. However, I still believe that Nvidia will likely break out at any moment because it bounced off my green zone, as we said in the previous analysis (well before), and it didn’t even reach the #4 sequence, which would have been at the channel’s support. Now, we just need to wait for a breakout confirmation. But what will happen after it breaks out? We’re looking for an N3 pattern. An N3 pattern involves three movements: #1 Breakout and New High #2 Pullback and Rebound #3 New Extreme That simple. Will it happen? No one knows for sure. The next step is the breakout, and after that, we let the price do what it needs to do so we can position ourselves for the next move. Stay very alert this week! Best regards, and thank you for supporting my analysis.Longby RocketMike111Published 4
NVDA is it Breaking Out?Looks like NVDA is preparing for an upside breakout. Here are some key facts:- The price is above it's 200DMA as well as has found recent support at the 50DMA. Consistently making Higher Lows Longby MohitMarwahaPublished 5
30 Min- 5 Min NVDA We are Going Up But to Where ???? Good morning Traders Everyone has a coffee in hand lets get into it So in the video I break down a bit more wave counting, a few projections on where we are going up and where we might encounter some resistance plus our thesis is still in check on hitting 128-129 zone like we discussed before. Enjoy MB trader Long07:29by Mindbloome-TraderPublished 4
NVDA Technical Analysis on October 9, 2024Price Action: Current Price: $132.99, with a recent high at $133.48. Trend: NVDA is in an ascending channel, continuing a strong bullish trend with higher highs and higher lows. Key Levels: Support: Immediate support at $130.61, which is the mid-level of the recent upward channel. Lower support at $127.72, near the previous breakout point. Resistance: Immediate resistance at $133.48 (the current high). Next key resistance is the psychological $135 level. Indicators: MACD: The MACD shows a slightly overbought condition, though it remains in bullish territory, suggesting momentum could continue upward. Trading Plan: For Bulls: Consider entering on pullbacks around $130.61 for a move toward $133.48 and possibly beyond to $135. Ensure stops are placed below the lower support at $127.72. For Bears: A breakdown below $130.61 could signal a short-term retracement toward the $127.72 level, offering a potential short opportunity. Outlook for Tomorrow: Bullish Bias: NVDA's strong momentum could lead to a break of $133.48, with potential upside to $135. However, a failure to hold above $130.61 may signal a minor pullback. Disclaimer: This analysis is based on technical data and is not financial advice. Please conduct your own research and consider risk management when trading.by BullBear-InsightsPublished 5
NVIDIA Is Trying To Breakout Of A Triangle; Room For $150Hello Traders, and welcome to our new update! This time I will take a look at Nvidia. It’s in a very nice recovery and looking strong, especially after retesting the $90 area and filling the gap from August, which occurred after earnings were released in May. This retracement was quite similar to the pullback we saw back in April, when the market retraced to the gap from February’s, following Q4 2023 earnings release. Currently, Nvidia is coming out from an Elliott wave bullish triangle. This is significant because such triangles typically represent sideways price action between two contracting trendlines, where many traders tend to lose interest as the range drags on. However, as the price contracts, this is actually when we should expect a breakout, espeically when we see five subwaves labeled A-B-C-D-E within the triangle, it’s a strong signal that the breakout can be coming. The confirmation for the breakout comes when the wave (D) swing high is broken, which was around $127. But now,the price is even pushing above $131.40, wave (B) high. if it closes above that level, I believe there’s a good chance the market will rally to new highs, potentially reaching the $150 area. If you find these insights helpful, please like this idea or drop a comment below. Gregorby ew-forecastPublished 6
NVDA Technical Analysis for Tomorrow (10/10/24)Current Levels: Support: NVDA has support around $132.12 and $131.36. A drop below $131.36 may see the price test lower support at $126.31. Resistance: Key resistance levels are seen at $132.89 and $134.85. A breakout above $134.90 could see NVDA pushing toward new highs in the $136+ range. Trend Analysis: NVDA is currently in an ascending channel, indicating a bullish trend. However, it's near the lower boundary of this channel, which could act as support. If NVDA breaks below this trendline, a pullback to $126.31 is possible. MACD: The MACD indicator is showing a slight bullish divergence, with a potential crossover, suggesting a possible reversal upward. Tomorrow's Focus: Watch for support at the lower trendline and $132.12. A bounce from these levels could signal a continuation of the uptrend. A failure to hold support might indicate a potential decline to $126.31. Disclaimer: This is not financial advice. Always perform your own research or consult with a professional before making any trading decisions.by BullBear-InsightsPublished 6
NVDA shorter timeframe idea.Flagging on 30 min. Could be a great Risk/reward at this point. Longby Scorpion20Published 4
NVDA Weekly and Daily Outlook: Bullish Trend with Mixed Signals NASDAQ:NVDA Technical Analysis Weekly Perspective The weekly technical indicators for NVDA show a predominantly bullish outlook, with strong support from moving averages across various timeframes. Oscillators: Most of the oscillators remain in neutral territory. The Relative Strength Index (RSI) is at 59.09, indicating that the stock is not overbought or oversold. The Momentum (10) is showing a buy signal, reflecting a possible upward move, but the MACD is indicating a sell, suggesting some divergence in short-term momentum. This points to a cautious outlook, where price action might not be fully supported by underlying momentum. Moving Averages: All the key moving averages (both exponential and simple) are signaling buys. The 10, 20, 50, 100, and 200-period moving averages are all below the current price, which reinforces the strong upward trend. The Volume Weighted Moving Average (20) and Hull Moving Average (9) also confirm this bullish sentiment, with the stock remaining above these key levels. Despite the neutral signals from most oscillators, the moving averages strongly support the continuation of the upward trend. However, some caution is warranted due to the conflicting momentum signals. Daily Perspective On the daily chart, NVDA’s technical indicators show a slightly more bullish tone compared to the weekly outlook. Oscillators: The daily RSI is at 58.39, close to the upper neutral zone but still not overbought. The Awesome Oscillator and Momentum (10) are both giving buy signals, indicating positive momentum in the short term. The MACD is also in buy territory, which could suggest the continuation of the recent uptrend. Most other oscillators, like the Stochastic %K and Williams Percent Range, remain neutral, reinforcing the view of balanced price action for now. Moving Averages: All moving averages, both exponential and simple, are signaling buys. The price is above the 10, 20, 50, 100, and 200-period moving averages, indicating strength in the trend. The Volume Weighted Moving Average (20) and Hull Moving Average (9) also reflect a strong bullish stance, with the price staying above these levels. In summary, the daily analysis reflects a stronger short-term outlook with positive momentum and solid buy signals across all moving averages. Conclusion NVDA presents a strong bullish trend across both the weekly and daily charts, supported by moving averages that are firmly in buy territory. While oscillators on the weekly chart are mostly neutral, short-term momentum indicators show strength on the daily chart. This suggests that NVDA is in a solid uptrend but with some mixed signals that warrant caution, particularly in monitoring momentum for potential shifts.Longby CF_444Published 3
Box range: 109.63-113.62 ~ 123.90-130.04 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost" as well. Have a nice day today. ------------------------------------- (1M chart) A gap has formed in the 109.63-113.62 range. Therefore, I think it is possible to fall to around 109.63. Since the StochRSI indicator is showing signs of entering the oversold range, I think the area around 109.63-113.62 shows that it is an important support and resistance area. - (1W chart) I think the M-Signal indicator on the 1W chart is passing through the 109.63-113.62 range, proving that this range is an important support and resistance range. If it falls below 109.63, we should check for support near the M-Signal indicator on the 1M chart or near the HA-Low indicator on the newly created 1W chart. - The M-Signal indicator on the 1M chart is currently passing through the 83.13 range, - and the HA-Low indicator on the 1W chart is at the 12.77 point. Therefore, as the price falls, it is expected that the area near the M-Signal indicator on the 1M chart will become an important support and resistance range. - (1D chart) The point of interest is in which direction it deviates from the 109.63-113.62 section ~ 123.90-130.04 section. Currently, the HA-Low and HA-High indicators on the 1W and 1D charts are quite far apart. Therefore, if it falls below 109.63, the HA-Low indicator on the 1W and 1D charts is expected to rise and be newly created. The creation of the HA-Low indicator means that a low section has been formed. Therefore, if the HA-Low indicator is created this time, it is expected that a movement to create a new wave will begin. - If it falls from the HA-High indicator, it is likely to touch the HA-Low indicator. The creation of the HA-High indicator means that a high section has been formed. Therefore, in order for a full-scale uptrend to begin, the price must remain above the HA-High indicator. Therefore, when a full-scale uptrend begins, the HA-High indicator will show a stepwise uptrend. - Have a nice time. Thank you. -------------------------------------------------- by readCryptoPublished 7
NVIDIA _ Corporation _ Quarter 4 _ Distribution _ Prices. NVIDIA _ Corporation _ Quarter 4 _ Distribution _ Prices. We are still within the Stage 1 = Accumulation Stage, meaning the next distribution price over the Stage 1 = $130.89. Support confirmation over Quarter 3 = $131.96 follow by $132.89. $134.84. ( Drop from here to the key level of $119.59) _________________________ After the Retest within the key level of $119.59 we will be covering Stage 2 (Global Market) Advance Stage! Prices as follow! Advance Stage Distribution prices: __________________________ $136.57 $137.85 $139.29 $145.10 $154.51 $159.69 ____________________ Prepare for descending to the key level of $129.98! Almost Xmas! Break time!Shortby Skill-Knowledge-ConductPublished 4
NVDA: Strong Buy Signal and Short-Term Based on Key IndicatorsThe technical analysis for NASDAQ:NVDA points to a strong buy recommendation based on the following key indicators: Relative Strength Index (RSI 14) : Current value 71.74 – Approaching overbought levels but still neutral. Momentum (10): Current value 4.18 – Indicates strong upward momentum, reinforcing a buy recommendation. MACD Level (12, 26): Current value 0.29 – Confirms a bullish trend with a clear buy signal. Ultimate Oscillator (7, 14, 28): Current value 75.57 – Suggests strong upward momentum, indicating further potential gains. Moving Averages (Exponential and Simple for 10, 20, 50, 200): All show buy signals, with prices above critical support levels across different timeframes. Conclusion While the RSI nears overbought levels, the strong signals from momentum, MACD, and moving averages confirm a bullish trend. These factors present a short-term opportunity for investors to capitalize on NVDA's upward movement, as the stock appears poised for continued gains in the near future. Disclaimer This analysis is for informational purposes only and is not financial advice. Always conduct your own research or consult a financial advisor before making any investment decisions.Longby CF_444Updated 2
The TradingView Show: Interest Rates and AI with TradeStationJoin us for our newest episode with David Russell , Head of Market Strategy at TradeStation . We’ll dive into the current market landscape, covering all of the following topics for traders: 1. Market Trends: We’ll provide detailed insights into major stocks and bullish market trends, focusing on META, NVDA, and the evolving landscape of Chinese stocks. Discover how hedge fund managers are navigating these markets and uncover other significant movements you might be missing. 2. Index Review and Interest Rates: Our analysis will dive into macro trends affecting the SPX and NDX, exploring the importance of major indexes. We’ll discuss how rising interest rates are influencing market behavior and the broader economic implications for investors. 3. Commodities: Get the latest updates on oil, especially in light of recent production cuts that are impacting prices globally. We’ll also discuss gold and silver prices, examining why gold has achieved an all-time high while silver remains undervalued and what that means for future trends. 4. Cryptocurrency: Take a closer look at Bitcoin’s recent performance. We’ll explore whether it is on the verge of forming a significant new trend and what factors are driving its volatility in today’s market. 5. Housing Market: Analyze current trends in the housing market and what lies ahead, especially as they relate to rising interest rates, advancements in AI, and productivity improvements. This segment will provide essential insights for anyone interested in real estate investments. And much more! We encourage you to ask questions and share your feedback in the comments. Now, some important links for you to explore and read: Explore TradeStation ideas on TradingView here: www.tradingview.com For important disclosure information regarding options, ETFs, and more, please visit: 1. www.tradestation.com 2. www.theocc.com 3. www.tradestation.com Thanks for watching and we'll be back live next month!Editors' picks56:51by TradingViewPublished 1156
NVDA price has shifted on monthly data -- not favoring BULLS.NASDAQ:NVDA (NVIDIA Corporation) Shorter's paradise. Monthly shift has been spotted. NVDA needs to break 500 to preserve hope for upside continuation. Otherwise, the other side will be their season. If breakdown continues, a target at 300 levels is the goal. I'm still hopeful for a turnaround. Net negative volume is quite significant conveying bear dominance. Spotted at 430 TAYOR Safeguard funds always.Longby JSALUpdated 4418
Is $NVDA breaking out of an ascending triangle?Is NASDAQ:NVDA breaking out of an ascending triangle — often a sign of continued bullish momentum? Volume will be key to confirm this move. I keep an eye on NASDAQ:SMH , the semiconductor ETF, as it's also gaining strength yesterday, after a pullback recently. Are you seeing the same breakout? Let's chat!by AIFinPlotPublished 2