$NVDA 2 bar bullish reversalAfter the dump yesterday, what a nice reversal pattern today. daily chart. 2 bar bullish reversal. Expect price to quickly fill in the gap caused by the Chinese AI news.
1NVDA trade ideas
NVDA closes below 200 Day SMANASDAQ:NVDA had a very bad day today with more than 550 billion $ Market Cap destroyed. This is one of the worst days for NVDA since March 2020. The 200 Da SMA price was 122 $. NVDA closed @ 118 $. This makes it a daily close below the 200 Day SMA. There might be some more downside and sideways movement before it starts a bullish upward trend before its earnings release on Feb 26. 6-12 Months down the line this might be one of the best buying opportunities. Long NVDA 110 $ - 120 $.
NVIDIA's Momentum A Breakout Story in Progress1. Trend and Structure
The chart showcases an upward momentum, breaking out of a prior resistance level, indicating bullish pressure. The breakout aligns with the upward-sloping trendline, which serves as a strong support structure.
2.Breakout Confirmation
The price has successfully broken through a resistance level, confirming a bullish breakout. This signals potential continuation toward the marked target zone.
3.Entry Point
The entry appears to have been taken near the breakout point, at approximately $141.60, aligning with the bullish momentum.
4. Target (Take Profit)
The take-profit level is marked at $152.94, representing a reasonable upward move from the breakout point. This target aligns with the continuation of the trend.
5. Stop Loss
The stop-loss level is placed at $133.46, below the recent support and trendline. This level ensures protection in case the breakout fails.
6.Risk-Reward Ratio
The setup demonstrates a healthy risk-to-reward ratio, with potential gains outweighing the risks. This indicates a well-calculated trade.
7. Technical Indicators
The momentum of the candles breaking the resistance shows strong bullish interest. No immediate signs of bearish divergence or reversal are visible in the chart.
The chart reflects a bullish breakout setup in NVIDIA's stock price. With strong momentum and a clear trendline breakout, the trade aligns well with the current upward movement. The target and stop-loss levels are well-placed, adhering to a disciplined trading strategy.
NVIDIA Local UptrendNVIDIA in Local Uptrend on the 1-Hour Chart
NVIDIA made a higher high on the 1-hour chart, so we are in a local uptrend. It’s possible that we’ll see a higher low next, and then move up to a new higher high, or we could continue going higher right now.
If tomorrow the 4-hour candle close stays above $126.63 (yellow line) and holds that level, then we’ll have gained that support. In that case, we are back in the big range with the potential to reach $148.
Let's hope that's a corrective wave on NVidia..."Gina" apparently released free AI software that works well on practically everything! Not so great for US Tech stocks etc.
Hopefully, it's a corrective wave 2..."Gina" apparently released "free AI software" that practically works on anything! Not so great for US tech stocks etc.
NVIDIA in Correction phaseWhat to Expect After Nvidia's Major Market Cap Tumble
Rocky White
Wed, January 29, 2025 at 6:00 PM GMT+5 2 min read
Expectations were high for artificial intelligence (AI) companies, but they took a hit on Monday after Chinese startup DeepSeek claimed it can spend way less money and deliver AI performance comparable to major tech firms.
This triggered massive selloffs in megacap stocks. Nvidia (NVDA) fell 17%, losing over $500 billion in market capitalization -- a record-breaking decline, larger than the entire market cap of companies like Mastercard (MA), Netflix (NFLX), Costco (COST), and Bank of America (BAC).
Broadcom (AVGO) also plunged 17%, losing about $200 billion in market value, while Oracle (ORCL) fell roughly 14%, or $70 billion in market cap. It made me curious how stocks have tended to perform after such massive losses.
NVDA | Distribution Pattern to $97Follow up to the rising wedge pattern
After seeing price bounce off of trendline support 4 times then to finally breakout we could see the next moves sell off towards the discount zone
To add more confluence to this setup we're looking at the difference between price and indication and it's signaling a selloff based on divergence and the medium blue signal re-entering the 80/20 channel forecast bearish momentum stepping into play
I'm eyeing targets around $97 and the possibility of seeing movement back towards major resistance ($152) to re-confirm price structure for any further selling beyond $97
Stay posted for any major updates on price action.
Be Cautious on NVDABe very careful on NVDA...
Double top already confirmed with neckline of "M" broken.
Mid term trends all confirmed down
$NVDA - Resilience in ActionNASDAQ:NVDA
In my previous post (linked above) I noted the amount of macro upwards pressure NASDAQ:NVDA
Even with the market becoming leary of (or noticing other A.I. developer options), NASDAQ:NVDA still just makes the HARDWARE that these A.I. models are able to use and abuse in order to perform better. NASDAQ:NVDA will continue to create great hardware, and continually iterate on the items that will continue to make A.I. great.
My recommendation? Continue to hold, and buy at these lower levels. NASDAQ:NVDA will continue to rise.
Nvidia is NOT SLOWING DOWN!! 1-Month Chart:
Pullback Zone: It seems like you’re identifying a pullback zone around $140.76 to $134.29. This is likely a key support area that you’re waiting for a potential retest.
Target Area: The yellow zone you have marked could be where you expect the price to consolidate before possibly bouncing higher.
Price Levels: The 0.236 level seems to be closely related to your retracement levels, with key support near $109.92.
12-Month Chart:
Massive Price Surge: The sharp price movement on the right of the chart is significant, showing strong momentum recently. The yellow line marks the previous high, where the stock is facing some resistance.
Pullback Zone: Similar to the 1-month chart, you are looking for a retracement, potentially to the $134.29 level. You’re positioning yourself for a longer-term pullback before seeing further price action.
Is DeepSeek really a threat to Nvidia?There are so many opinions circulating the internet right now, that it is difficult to get our heads around. Here is our opinion on what could happen with NASDAQ:NVDA stock in the near future.
Let us know what you think in the comments below.
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Nvidia: FluctuationOver the past two weeks, NVDA has exhibited increased fluctuation within the boundaries of the current key levels: the resistance at $152.89 and the support at $126.34. Initially, the price seemed to favor our alternative scenario, but it managed to reverse just in time. Following a dip to $129, the stock rebounded swiftly. Our primary assumption remains that the beige wave III should eventually break above the $152.89 resistance. However, there is still a 33% chance that the expected rises will be delayed by a new low of the blue wave alt.(IV). This alternative scenario will prevail if the stock falls below the $126.34 support level.
Prediction Jan-Mid FebI've been totally wrong with dates, but my price points have been there the past month.
I don't use Fib., only EMA, MFI, CMF, MACD and chart analysis
Prediction: Something is going to happen news-wise around Jan (The time someone is coming into office...) which will correct Nvidia and SPY (SPY is due for a 5-10% correction, historically and for continuing bullish health.
What do you guys think?
Disruptive Innovation and EconomyDeepSeek is a disruptive innovation and could also become a disruptive economic force.
On Monday, NVIDIA dropped 17%, only to rise 9% yesterday. Yet, it remains in an upward trend channel. Why is that?
I tried downloading the DeepSeek app.
After reading a significant portion of the privacy policy, I wouldn’t call it privacy at all—it does not comply with EU regulations. I decided against registering an account and deleted the app.
I believe DeepSeek will face limitations in Europe and beyond, but it has demonstrated that AI innovation is no longer exclusive to large US corporations. It is now entirely feasible to develop AI models based in Europe and Scandinavia. This is crucial, as it allows us to work with AI models that are not inherently biased toward either China or the US.
With Trump back in power, geopolitical uncertainty has increased. The US approach to technology, trade, and AI regulation is now less predictable, making it even more important for Europe to develop independent AI models. A diversified and democratized AI landscape will drive demand for GPUs and contribute to a more balanced technological ecosystem.
Disclaimer: I have a position in NVIDIA.
NVDA MORE DOWN?Two bearish patterns on NVDA head and shoulders inside of a bear flag, break down could be nice
NVIDIADeepSeek's emergence as a potential challenger to US AI companies is expected to significantly impact the US tech market. With its breakthrough models offering performance comparable to leading offerings at a fraction of the cost, DeepSeek may "puncture some of the capex euphoria" surrounding major US tech companies like Meta and Microsoft
NVDA long-term three wavesJust to mark it as a reminder to myself that the cycle could be very long and don't buy until it touches the proper level
NVDA Approaching Resistance! Key Trade and Options Setups. Jan. Technical Analysis for Trading:
* Current Price Action: NVDA is showing bullish momentum, approaching a key resistance level at $153.13.
* Trend: Uptrend on lower timeframes, with higher highs and higher lows forming.
* Support Levels:
* Primary support: $138.81
* Secondary support: $129.60
* Resistance Levels:
* Immediate resistance: $147.03
* Strong resistance: $153.13
* Indicators:
* MACD: Positive momentum but showing slight divergence. A pullback is possible if momentum wanes.
* Stochastic RSI: Overbought (91.60), indicating the potential for a short-term pullback.
Trade Scenarios:
* Bullish Scenario:
* Entry above $147.50 for a breakout move.
* Target: $153.00 and $155.00.
* Stop-loss: Below $145.00.
* Bearish Scenario:
* Entry below $144.00 for a retracement.
* Target: $138.81 and $135.00.
* Stop-loss: Above $147.50.
GEX for Option Trading:
* Key Gamma Levels:
* Strong resistance at $153.00 (75.47% GEX).
* Support at $138.00 (32.07% GEX).
* Call Wall: $153.00 (Highest Positive NETGEX).
* Put Wall: $129.00 (Strong support zone).
* IV Analysis:
* IV Rank (IVR): 6.8 (low IV, cheaper options).
* Options Sentiment: Calls are dominant at 62.4%, indicating bullish sentiment.
Options Strategy:
* Bullish Play:
* Buy Call Options with a $150 strike expiring in 1-2 weeks if NVDA breaks above $147.50.
* Target premium increase as price approaches $153.
* Bearish Play:
* Buy Put Options with a $140 strike expiring in 1-2 weeks if price drops below $144.
* Target premium increase near $138 support.
Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always perform your own research and trade responsibly.
NVIDIA Forms Inside Bar Pattern After Significant Drop...NVIDIA is currently exhibiting an inside bar pattern following a significant 17% decline, which was triggered by the DeepSeek Panic incident. This pattern indicates a period of consolidation where the price is stabilizing within the range established by the preceding candle. To make informed decisions moving forward, it is prudent to monitor price action closely and wait for a definitive breakout from this inside bar formation. A breakout above the upper boundary could signal a potential reversal or upward momentum, while a breakdown below the lower boundary may suggest further bearish pressure. Hence, exercising patience and assessing volume and market context will be crucial before committing to any trades.
NVIDIANvidia Corporation (NVDA) is a leading American technology company specializing in graphics processing units (GPUs), artificial intelligence (AI), and data center solutions. Founded in 1993, Nvidia revolutionized the gaming and professional graphics industry with its GeForce GPUs and has expanded into AI computing, cloud computing, and autonomous vehicle technology. The company plays a crucial role in the AI boom, with its H100 and A100 chips dominating the high-performance computing market. As a key player in the tech sector, Nvidia’s stock is highly volatile and influenced by demand for AI, gaming trends, semiconductor supply chains, and overall tech sector performance.
