NVDA Wyckoff - Weakening demand on 6M chartThe Weis Wave chart for 6 months still shows a clear pattern of weakening demand by its steadily decreasing buying/green wavesby IcefisherPublished 1
NVIDIA 4 Hour -30 Minute Wave Counting Where are We Going ? Morning Traders We are looking at if this market has finished making a wave 4 correction or are we in for a treat with either a small correction down before we punch up to the 137-138 target we have in our wave counting and projections. The question is always be aware of the worst case scenario here and the best case scenario, take caution Happy Trading MB Trader 06:10by Mindbloome-TraderPublished 1
Oct 9th NVDAIf tomorrow turns out to be bullish based on the 5-minute chart, the potential upward movement can be estimated by identifying resistance levels and the overall trend. Key Points to Consider for a Bullish Scenario: Previous Resistance Levels: 134.00 - 134.50: This range seems to be the most recent resistance zone. If the price breaks out, this would be the first target for a bullish move. 135.00 - 135.50: This level represents a round psychological resistance level, which often acts as a barrier. If the bullish sentiment is strong, reaching this level is possible. Symmetrical Triangle Breakout (From the daily chart): If you recall from the daily chart, the price has broken out of a symmetrical triangle pattern, indicating the potential for an extended upward trend. A bullish move on the 5-minute chart may continue this momentum. Volume Confirmation: If there's strong buying volume in the early minutes or during pre-market trading, it would add weight to the bullish sentiment, and the price could rise further. High volume tends to drive prices faster. Projection of How High It Can Go: First Target: If the bullish breakout sustains, the price can first test the 134.00 - 134.50 area. Second Target: If momentum is strong, a push toward the 135.00 - 135.50 level would be the next logical step. Beyond 135.50: If there is extremely strong buying pressure or news that drives the stock, we could see the price push above 135.50, potentially testing higher resistance levels near 136.00 or 137.00. However, this would require significant bullish sentiment and volume. Conclusion: If bullish tomorrow, the price could target levels around 134.00 - 135.50, with potential extensions toward 136.00 if momentum and volume are strong. Keep an eye on early price action and volume for confirmation of the trend.by l4uren_stew4rtPublished 2
Simplified Options Trading Strategy of Power Trend and HeikinAshHey Traders, If you're looking for a simple yet effective options trading strategy, this one's for you. Let’s break down how to use Heikin Ashi candles combined with moving averages to identify clear trends and maximize profits while minimizing losses. Why Heikin Ashi? Heikin Ashi candles are great for filtering out the noise and helping you focus on the bigger picture. They smooth out the price action so you can see whether the market is trending up or down without getting caught in false signals. Yellow Candles = Bullish Trend: When these appear, it’s a sign that the market is gaining momentum. Red Candles = Bearish Trend: Red candles indicate the market is losing steam and a potential downtrend. The Power Trend Setup This strategy revolves around following the trend using two simple moving averages: Green Line: Shorter-term moving average (reacts quickly to price changes). Blue Line: Longer-term moving average (gives you the bigger trend picture). When to Buy and Exit Calls Buy Call: When the Heikin Ashi candles turn yellow, and the price crosses above the green moving average, you can enter a call option. This is your signal that the bulls are in control. Exit Call: When the trend starts to show signs of weakness or the candles start losing momentum, you exit your call option and lock in those gains. This helps avoid holding through a potential reversal. When to Exit Puts Exit Put: If you were in a put option during a downtrend (indicated by red candles), you’d want to exit once you see a reversal forming and yellow candles appear. This prevents you from holding through a bullish reversal and losing your profits. Max Gains, Less Loss The beauty of this setup is its simplicity: maximize your gains when the trend is strong, and minimize your losses by getting out at the right time. You’re always following the flow of the market, entering and exiting at points that are more likely to bring profits. Final Thoughts By sticking to this straightforward approach, you can avoid emotional decision-making and ride the trend with confidence. Whether you’re trading options or just looking for better entries and exits in your stock trades, the Power Trend strategy is all about keeping it simple and staying on the right side of the market. Let me know in the comments — do you use Heikin Ashi candles or a similar trend-following strategy in your trading? Would love to hear your thoughts!by Deno_TradingPublished 3
NVDA 5 day moving average is the key It should either bounce back or tank ... it's the key for next week's bull or bear run. by FibFunPublished 1
I maintain my biases towards the black countAs I have discussed many times previously, we are about to enter the stage where triangles typically will break apart. What will constitute the triangle breaking apart is for price to breach either our purple (a) wave high, or our purple (b) wave low. Price must continue to constrict to maintain the integrity of the triangle. Nonetheless, in my primary analysis I do believe we break upwards in the black count, but as of right now we have no confirmation as whether the purple or black count will prevail. I suspect this week will be informative. Chrisby maikischPublished 8
NVIDIA $NVDA | NVIDIA WEDGE BREAKOUT SOON - Sep. 20th, 2024NVIDIA NASDAQ:NVDA | NVIDIA BREAKOUT SOON - Sep. 20th, 2024 BUY/LONG ZONE (GREEN): $118.25 - $130.00 DO NOT TRADE/DNT ZONE (WHITE): $114.75 - $118.25 SELL/SHORT ZONE (RED): $103.75 - $114.75 (can be extended to $92.00) Weekly: Bullish Daily: Bullish 4H: Bullish NASDAQ:NVDA looks choppy and very ranging, but is consolidating towards a zone that has been tested roughly seven times. Bulls should be looking for price to pinch and breakout above $118.25 towards the $130.00 price area, or bears can look for price to pinch and breakdown below the $114.75 level towards the $103.75 area. Bears can also look for price to drop to the $92.00 area that had started the previous bull rally. Despite my three main timeframes indicating a bullish trend, I would be happy with a fast move in either direction. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE! trendanalysis, trendtrading, priceaction, priceactiontrading, technicalindicators, supportandresistance, rangebreakout, rangebreakdown, rangetrading, chartpatterntrading, chartpatterns, spy, sp500, s&p, fed, federalreserve, fedrate, fedratecut, interestrate, jeromepowell, fedchair, 50bps, volatile, volatility, NASDAQ:NVDA , AMEX:SPY , nvidia, nvidiapricetarget, nvdatrend, nvidiatrend, nvdasetup, nvidialongs, nvidiashorts, NYSE:SNOW , nvdawedge, wedgepattern, by TonyAielloUpdated 4421
WILL A BLACKWELL CHIP SAVE NVIDIA?This past week Oracle announced it is taking orders for the first Al Supercomputer which will be powered by up to 131.072 Nvidia BLACKWELL CHIPS. The NVIDIA CEO Jensen Huang also told the conference that the demand for their blackwell chip is so high that some customers are getting emotional..THIS is part reason why the stock rose back by 8.3% the past week. Despite those good news, the stock still seems flat and struggling to break to 125. might see this stock go down again to get some power up before going up.Shortby ForxTayUpdated 151552
NVIDIA - A leading Indicator for the AI trend and market NVIDIA - NASDAQ:NVDA 🟣The upper purple parallel line is acting as resistance to price at present. A rejection from this long term purple line may be an early warning signal of a significant correction. A break above it would suggest continued positive momentum. ⏳In combination with the above considerations, a breach down and out of short term parallel channel would be a secondary warning signal of a trend change to the negative. ⏳Falling below the 50 week SMA (red) would be a third confirmation of a negative trend shift. Obviously these levels could all act as support but if they are lost one after the other (price falling below them). It could be an early warning sign of this AI trend slowing. ✅Otherwise, a repeated 142-152 week bull trend out to June 2025 or April 2026 probable for now. Why Watch Nvidia closer than the rest? ▫️ Apple, Microsoft and NVIDIA are the top three largest companies in the world by market cap. Collectively they are almost $10 trillion worth of market capitalization. That is almost 22% of the total market cap of the S&P500 Index, so all 3 are worth watching for warning signs or positive momentum. ▫️ Nvidia could lead the market as it is providing the shovels (graphics cards) for the AI data digging/sorting and general compute/data storage. If their performance starts to wane its a signal of less digging/sorting and a slowing of purchases from NASDAQ:AAPL , NASDAQ:MSFT (indicating slowing growth in both). Keeping a close eye on this chart could provide the early warning signals of a trend change, both on the AI front and the entirety of the market cycle. There is no guarantee of the time sequence continuing on this chart however, these cycles tend to rhyme over time. I hope Nvidia breaks above the purple line at the top of the current long term channel. At present it is stiff resistance, and if price is rejected from here lower, this could be an early warning sign of the a market correction. Remember, you can check in on this chart and press play to get updated data at any time by clicking the link in the comments below or by following me on TradingView. PUKAby PukaChartsPublished 9
NVDA - Weekly Fall PotentialNASDAQ:NVDA ’s stock has been on a meteoric rise, fueled by the growing demand for AI technology and high-performance computing solutions. However, recent market behavior and technical analysis suggest that a significant pullback may be imminent. The company’s recent 10-for-1 stock split has made shares more accessible to retail investors, but it has also introduced increased volatility. The market has responded positively to the split, but the momentum might be slowing down. Looking at the NVIDIA chart in a logarithmic scale, we observe three major bullish legs, each with gains exceeding 1000%. The current, third leg appears to be reaching its peak. This trend is further supported by the stock’s position within a rising channel, currently touching the upper boundary, indicating potential resistance. Additionally, lower time frame charts reveal a reversal pattern, suggesting a potential downturn. Technical indicators show that NVIDIA’s price is at a critical juncture. The stock has demonstrated a reversal pattern in the lower time frames, which is often a precursor to a decline. Moreover, the price is at the top of a rising channel, which typically acts as a resistance level. Given these factors, a pullback seems likely, especially considering the stock’s impressive run-up without significant corrections. In conclusion, while the broader market sentiment remains optimistic with expectations of new highs for NVIDIA, the technical indicators and recent stock behavior suggest a different story. Investors should be cautious and consider the possibility of a pullback. It is crucial to monitor the stock closely and be prepared for potential profit-taking, especially in the context of the recent stock split and the overall market dynamics.Shortby Sober_TradingUpdated 7742
Swing Trade Idea: NVIDIA Corporation (NVDA)NVDA is currently trading within a descending wedge pattern. The stock is nearing the upper resistance line, and a break above the $127 resistance could trigger a momentum shift, leading to a potential breakout. This would indicate a continuation of the upward trend. Monitoring the volume closely during this breakout will be crucial, as increased volume would confirm the strength of the move. Additionally, the stock is finding support along the lower trendline, suggesting continued buying interest at those levels. Watch for price action around the $127 level to confirm the next directional move. by TraderhrTradingPublished 4
NVDA Symmetrical Triangle NVDA trading in Symmetrical Triangle Pattern. Looking for an eventual breakout and retest of 140Longby kasimps1991Published 14
NVDA Technical Analysis for Oct. 1, 2024Current Price Action NVDSA shows a descending channel or wedge pattern, indicating a period of consolidation after a significant move. This suggests a potential breakout either upwards or downwards. The stock is attempting to break out of the channel, signaling a possible bullish move if it continues to hold above the trendline. Support and Resistance Levels Immediate Resistance: $124.47 - $127.60: This is the nearest zone where the price has previously rejected, marking it as a strong short-term resistance area. $130.00: A key psychological resistance level, which could act as a major hurdle for any bullish continuation. Immediate Support: $121.40: This level aligns with recent consolidation, serving as a short-term support. $117.71 and $114.88: These are strong support levels marked by previous lows. If the price breaks these levels, it could lead to further bearish pressure. $112.38: The lowest support marked on the chart, critical for assessing long-term bearish trends. Entry and Exit Points Bullish Entry: If the price breaks above $124.47 and holds, this could provide a good entry point for a long position with a potential target of $127.60 and then $130.00. Consider adding if momentum picks up and volume increases during the breakout. Bearish Entry: A break below $121.40 would signal potential weakness. If the price moves further down past $117.71, it could be a strong short opportunity with a target towards $114.88 or lower. Exit: For a bullish position, consider exiting near $127.60 or $130.00 unless there is strong buying pressure. For a bearish position, take profits around $114.88, with a potential full exit at $112.38 if selling accelerates. NVDA's price action. Suggested Direction Based on the current breakout attempt from the descending channel, NVDA leans slightly bullish. However, the stock must break and hold above $124.47 with increased volume for a stronger bullish case. On the downside, failure to break above resistance and a move below $121.40 could signal the continuation of the downtrend.by BullBear-InsightsPublished 5
NVDA BOOM!?As posted in recent weeks, NVDA’s stock price continues to move higher after bottoming out in the lower $100 range. This was a liquify grab meant to shake out weak hands. We broke through the price of $126 this past week, and then dropped lower to $120 support. I believe now is the time to buy NVDA with an overall target goal of $138 or higher. This is just a prediction. Good luck! Longby R2CTradingPublished 7
NVDA Wyckoff - Weakening demand on 12M chartAn increase in price accompanied by a decrease in volume typically indicates weakening demand. Fewer buyers are willing to purchase at higher prices which could be a sign that the upward price movement may not be sustainable. There could be a potential loss of momentum in the price increase.by IcefisherPublished 113
NVDA Full Analysis covering all angles on Where NVDA will go Good afternoon Traders In this video its less of an explainer video and more me putting my tools onto NVDA from the Weekly to the 4 hour to show the levels on where NVDA for the coming week and why. If you have any questions. comments or want me to make any videos in particular more than happy to happy hunting for those trades MB Trader 10:21by Mindbloome-TraderPublished 2
NVIDIA _ Corporation _ Distribution _ Prices _ Early _ Oct NVIDIA _ Corporation _ Distribution _ Prices _ Early _ Oct _ Under _ Trading _ Venue _ NASDAQ. There is no if and when same as what if tomorrow never come, ( Of course it will)! Lest breakdown the next distribution prices! _________________________________ $125.37 $126.79 $130.39 $132.76 $133.66 $134.41 $134.84 Distribution price = $135.32 $138.40 $138.92 ___________________ Drop to the key level after the above distribution price ($135.32). ( Unless the $117.67 get confirmed then the above retest will be clear) ( Note: A real retest not fake one!) Then we will continue towards Stage 2(Global_Market_ Advance Stage) ___________________ Please note: I do not use any Artificial Intelligence = ( Men made) or any kind of made up software included indicator , volume, Books, Video etc. I simply use my own mathematical formula which connect number between 1 per second to weekly, monthly , Quarterly. Annually covering 5 years economy range potentially up to 25 years data that I memories without writing. Important to make this clarification for (You know). _______________ Short break!Shortby Skill-Knowledge-ConductPublished 5
NVDA breaks below with mixed feelingsNVDA very recently breaks below its upward trend, but other factors make its break below uncertain. Volume has been decreasing since its selloff at the peak of the 26th indicating disagreement RSI has been holding flat at the 50 line instead breaking below MACD also has not been moving into bearish zone just yet. The break below is of concern, but so far we are not seeing signs that this will trigger a violent sell off yet. The sell off maybe more muted before turning around back into another rally again.by ratchet-mintPublished 1
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart if only if we have the breakout with force the resistance line and the vwap by a big green candle.Longby PAZINI19Published 4
NVIDIA Longs A Symmetrical Triangle can be observed and paired with the bullish momentum that Nvidia has shown in the past we can take Longs on Nvidia both conservatively and aggressive. Longby Trader-HashPublished 8
Nvdia At the moment it's look like we are still in correction. The corrective wave we are in now, is the from wave 3 to 4. if we look at our corrective wave, we have now printed 6 (see purple lines), and I suspect that we are now going to print the seventh wave; In addition, on lower timeframe 1 - 4 hour chart, a slight emerging divergence can also be spotted, which is something you should always pay attention to. I expect to see the correction ending in the green box. I'm not sure yet that he will hit the TRVP from an ABCD, but I will sign him up anyway because we got even more fibbonaci clusters hitting that zone: extensions and projections What is also possible is that there is no double correction and where I have labeled my (W) there will be a (C) so there will be a single correction. However, we should then see a much higher volume in the coming days and with a lot of volume we will break through the 130 dollar mark and actually preferably through the 140 dollar mark. For the time being, the volume continues to decrease and our divergence on a lower time frame does not support that idea. Honestly, in an ideal world we would like to see WXY printed. In that case we woud printed 7 waves down, and as we know even correction is a 3 +4 + +4 wave construction. A bullish divergence arising on a daily timeframe (daily chart), would support the end of the correction then we have a good swing. I am talking about long-term targets. feel free to commentLongby TraderStoffel84Published 3
NVDA 9/30 Technical Analysis1. Price Action Overview: Current Trend: The price has broken below a key trendline, and it appears to be in a downward consolidation phase. The volume seems significant on the down moves, which indicates selling pressure. There’s also a visible rejection of higher prices near the top of the trendline. Heikin Ashi Candles: These show a recent series of red candles, signaling that bearish momentum is dominant. However, the smaller bodies suggest that the selling pressure may be weakening slightly. 2. Key Levels: Support: 120.65 - 120.56: This area is a near-term support level. If the price breaks below this zone, it could indicate further downside pressure. There is also a clear cluster of price activity around this level. 114.88: A stronger support level visible on the chart. If the price continues to fall, this area could act as a more significant support zone. 112.78: This is the next major support, shown by the low from previous trading sessions. If the price hits this level, a bounce could occur, but a break could signal a larger bearish trend. Resistance: 121.83: Immediate resistance, shown as a red horizontal line. NVDA has struggled to break this level recently, making it a key area to watch. 124.47: A secondary resistance level, which aligns with prior price action. If NVDA can break above 121.83, it might rally toward this area. 127.60 - 127.66: This is the upper resistance level where NVDA was previously rejected. If there’s a strong bullish reversal, this zone could become a target for price movement. 3. Potential Entry/Exit Points: Bullish Scenario: Entry: Consider going long on a bounce from the 120.65 - 120.56 support area if the price shows signs of holding with confirmation from Heikin Ashi candles turning green. Exit: First target would be the 121.83 resistance, followed by 124.47. A break above this level could lead to further gains towards the 127 area. Stop Loss: Place a stop below 120.56 to protect against further downside if the price breaks below support. Bearish Scenario: Entry: A short position can be taken if NVDA fails to break above the 121.83 resistance and reverses lower. Alternatively, short on a break below 120.65. Exit: Targets would be 114.88 as the first support level, and then 112.78 as the second if bearish momentum continues. Stop Loss: Place a stop above the 121.83 resistance level to minimize risk if NVDA reverses unexpectedly. 4. Indicators Analysis: Trendlines: The price has broken below a descending trendline, indicating that bearish momentum is still in play. Volume: Volume seems to pick up during down moves, reinforcing the bearish bias. Look for an increase in volume near support for signs of potential accumulation or capitulation. 5. Overall Sentiment: Bearish Bias: With the price below the trendline and unable to reclaim key levels, the overall sentiment appears bearish for now. There’s a higher probability of a further move lower unless 120.65 support holds. Bullish Potential: If 120.65 holds and NVDA manages to break above 121.83, this could lead to a short-term bullish reversal. Suggestion: Watch for price action around 120.65 to determine if there’s a breakdown or a bounce. A breakdown could signal more downside, while a hold and reversal could lead to a rally toward resistance.by BullBear-InsightsPublished 5
Buy Trade Idea for Nvidia (NVDA) Description Nvidia (NVDA) remains one of the most prominent technology companies, driving innovation in graphics processing units (GPUs), artificial intelligence (AI), and data centers. Here are the key fundamentals supporting a buy trade for Nvidia: - **Leadership in AI:** Nvidia is a global leader in AI hardware and software solutions. Its GPUs are critical for AI research, machine learning applications, and large-scale data processing, making it a top player in a rapidly expanding market. - **Growing Demand for GPUs:** With the rise of gaming, virtual reality, and metaverse development, Nvidia’s GPUs continue to experience high demand across multiple sectors, reinforcing its dominant position in graphics technology. - **Expansion in Data Centers:** Nvidia’s increasing focus on data centers, driven by AI and cloud computing growth, provides a strong revenue stream, positioning the company for sustained long-term growth. - **Innovative Product Pipeline:** Nvidia consistently introduces new cutting-edge technologies, such as its next-generation GPUs and AI platforms, ensuring it remains at the forefront of tech innovation and maintains competitive advantages. Given these strong fundamentals and market dynamics, Nvidia presents a compelling buy opportunity for investors looking to capitalize on its continued growth and technological leadership. Disclaimer Investing in stocks involves significant risks, and past performance is not indicative of future results. This content is for informational purposes only and does not constitute financial advice. Always conduct thorough research, consider your financial goals, and consult with a professional financial advisor before making any investment decisions. Stock prices can be highly volatile, and investors should be prepared for potential fluctuations.Longby MoonTradingForecastPublished 4