NVDA: Bullish Above $141.17, Bearish Below $136.75After a thorough analysis, I've observed that NVIDIA Corporation (NVDA) closed at $138.64 in the latest trading session. The stock moved sideways during the second half of the day, suggesting consolidation and a potential setup for a significant price movement.
Key Levels to Watch
Strong Support: $136.75 (indicated by a white dotted line on the chart)
Immediate Resistance: $141.17
Upper Target: $149.28
Lower Targets: $135.08, $133.05
Bullish Scenario :-
Holding Above $136.75:
Remaining above this strong support indicates a possible swing bullish trend.
Break Above $141.17:
Surpassing this resistance could open the path toward the upper target of $149.28.
Consider long positions if the price sustains above $136.75 and especially if it breaks above $141.17.
Stop-Loss: Set below $136.75 to manage risk.
Take-Profit Levels: First at $141.17, then at $149.28.
Bearish Scenario :-
Break Below $136.75:
A decisive drop below this support within the next 1-2 days could signal a bearish opportunity.
Downside Targets:
Initial target at $135.08.
Potential further decline toward $133.05.
Consider short positions if the price falls below $136.75.
Stop-Loss: Set above $136.75 to limit potential losses.
Take-Profit Levels: First at $135.08, then at $133.05.
NVDA is at a pivotal point. The stock's ability to stay above or below the key support and resistance levels will likely determine its next direction. Traders should keep a close eye on these levels and exercise proper risk management due to potential volatility.
1NVDA trade ideas
NVDA Will Not Change The World. Everybody Will Forget About AINVDA has a triple negative divergence on the RSI and has decreasing volume as price pumps. The AI hype will die down and everybody will forget about AI. This will pan out similarly to INTEL changing the world in 2000. NVDA is going to zero.
NVDA – Path to Recovery or Deeper Pullback? Dec. 2 is attempting a rebound after recent downward pressure, but the path forward remains uncertain. This trading plan focuses on key levels, price action insights, and potential trade setups for both scalping and swing trading.
Market Structure & Price Action:
* Recent Trend: NVDA recently broke out of a descending channel on the 1-hour timeframe, signaling potential short-term recovery. The price currently hovers around $138, near the top of the previous resistance zone.
* Liquidity Zones:
* Buyers defended the $132 region, forming a demand zone.
* Liquidity is visible around $140–$142, which could act as a supply zone.
* Volume Analysis: Recent bullish candles showed increasing volume, supporting the breakout; however, Friday's close saw declining volume, indicating potential hesitation.
Key Levels:
1. Resistance Zones:
* $140–$142: Immediate resistance zone where sellers may step in.
* $144–$146: A stronger supply zone, aligning with prior consolidation.
2. Support Zones:
* $136–$137: First support where bulls may defend.
* $132: Critical demand zone and recent swing low.
Indicators:
* MACD (1-hour): Bullish crossover supports upward momentum, but the histogram is flattening, signaling weakening momentum.
* Volume: Watch for increasing volume to confirm a breakout above $140 or a breakdown below $136.
Trade Ideas:
1. Scalping Setup:
* Entry: Long above $138.50 with confirmation (higher volume or strong bullish candles).
* Target: $140–$141 (supply zone).
* Stop-Loss: Below $137.
* Scenario: If rejected at $140, consider a short position targeting $137.
2. Swing Trading Setup:
* Bullish Case:
* Entry: On a confirmed breakout above $142.
* Target 1: $146.
* Target 2: $150 (psychological level).
* Stop-Loss: Below $140.
* Bearish Case:
* Entry: Short below $136.
* Target 1: $132.
* Target 2: $128.
* Stop-Loss: Above $137.
Game Plan for the Week:
1. Monitor price action around the $138–$140 zone for early signs of strength or weakness.
2. Use lower timeframes (5-min, 15-min) to refine scalping entries based on volume and candles.
3. Be cautious of false breakouts, particularly with NVIDIA's high beta nature.
4. Pay attention to broader market conditions (QQQ movement), as they heavily influence NVDA.
Thoughts & Outlook: NVIDIA is in a critical zone. While the breakout from the descending channel suggests bullish momentum, rejection at resistance could lead to a retest of the demand zone around $132. Traders should approach with discipline and wait for clear setups before committing to positions.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Please do your own research before making any trading decisions. Trading involves significant risk.
Moon bois, FOMO and gamblers will shit their pants!Middle term view of NVDA price action if correction continuous (based on fib levels)
1) Over all market is overvalued as well as NVDA stock;
2) everyhing priced in already;
3) Lot's of moonbois fomo and gamblers are in which is main bearish signal;
4) we have uncertainty about Trump, he's an as=hole and everybody knows it;
5) geopolitical problems and wars around the world;
6) Bearish divergence on weekly TM;
7) No volume, pure pump by MM's;
8) Fakeout previous ATH;
Just a little food for thought,
make decision yourself
wish you lucky and all the best
$NVDA See You At $200sI believe NVDA will see a similar correction to November 2021.
In Nov 2021, NVDA went from highs of $346.11, on Nov 22, to lows of $108.16, on Oct 13.
(-69% drop in around 320days)
We see from lows of $108.16 (Oct 13, 2022) to current ATH of $502.52 (Aug 24, 2023) (+400% Gain in around 320days)
What do we know? We know that this stock tends to go down just as fast as it came up.
Looking to enter longs / full exit short somewhere in the $200-$250 range
NVIDIA - Still a few chips in the bag! 35% UpsideChart #11/ 40: NASDAQ:NVDA 💾
-Bull Flag Breakout with retest
-H5 Indicator is Green
-Williams Consolidation Box has broken support. If the H5 Indicator rolls over to red at the same time it's a SELL
-Hasn't reached Bull Flag Measured Move yet.
📏 $189.52 ⏳ Before April2025
NFA
Trade Analysis: Strong Recovery Hits First Target!My trade analysis worked perfectly as the price hit the first target! The recovery was strong, and the levels were respected as expected. A great start to this setup—let's see how the next targets play out. Share your thoughts or let me know how your trades are performing!
NVDA: Breakout Imminent or More Consolidation?Trading Plan and Technical Analysis for NVDA
Price Action Overview: NVDA is currently trading around $135.98, showing signs of recovery after bouncing off a key low at $131.80. The stock is attempting to break out of a descending channel pattern, with a short-term breakout above the $136.00-$137.00 resistance zone. The MACD indicates growing bullish momentum, while volume has picked up in the last trading session, signaling increased interest.
Liquidity Zones and Order Blocks:
* Liquidity Zone 1 (Support): $131.80-$133.50 - Buyers have historically stepped in at this level, marking it as a potential accumulation zone.
* Liquidity Zone 2 (Resistance): $136.00-$138.50 - Sellers have consistently defended this area; breaking above it could trigger further buying.
Key Support and Resistance Levels:
* Support Levels:
* $135.00 - Psychological support and intraday pivot.
* $131.80 - Recent swing low and critical support.
* Resistance Levels:
* $137.00 - Immediate overhead resistance.
* $139.50 - A breakout target on bullish continuation.
Scalping Gameplan:
* Bullish Setup:
* Enter long above $137.00, targeting $138.50 and $139.50.
* Stop-loss: Below $136.50.
* Trigger: Look for a strong 5-minute or 15-minute candle close above resistance with volume confirmation.
* Bearish Setup:
* Enter short below $135.00, targeting $133.50 and $132.00.
* Stop-loss: Above $135.50.
* Trigger: A rejection at $136.00 followed by a break below $135.00 on high volume.
Swing Trading Playbook:
* Bullish Case:
* Enter on a confirmed breakout above $137.00, with a swing target at $142.00.
* Stop-loss: Below $135.00 to limit downside risk.
* Indicators to Watch: MACD bullish crossover and rising RSI above 50.
* Bearish Case:
* Enter short if price fails to hold above $135.00 and closes below $131.80.
* Swing target: $128.00.
* Stop-loss: Above $136.00.
Thoughts and Suggestions: NVDA is at a critical juncture, attempting to break out of its descending trendline. A strong breakout above $137.00 could trigger a bullish rally, but traders should remain cautious of rejection at key resistance levels. Scalpers should closely monitor volume at the breakout point for confirmation. Swing traders may want to wait for a decisive close above resistance or below support for a clearer directional bias.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always do your own research and consider consulting a financial professional before making trading decisions.
#NVDA Elliott-Wave AnalysisI believe NVDA will eventually top out within the blue box
($154.38–$171.70) .
Afterward, I expect the price to retrace for quite a while.
This scenario seems highly unlikely concidering the financial stability of NVDA, but the chart suggests smth else. We'll have to wait and see what the future holds.