NVIDIA ($NVDA) received 12 analyst buy ratingsNVIDIA ( NASDAQ:NVDA ) received 12 analyst buy ratings following its earnings report, with 11 analysts raising their previous price targets. The lowest price target is now $140, while our W.D. Gann first price level is $144.Longby AlgoTradeAlert3
NVDA possible wave 5 completion Let's look at the stages of the NVDA rally and match them with the Elliot wave forecast posted at 500. Below are notes from a post at the time with the pics inserted of the moves since then. (Please note - this analysis was done pre-split so we'll have to account for that. Overall persistent rally to 800 - 850. A choppy market and some sort of false reversal at 850. Low around 700. There should be bad news around here, but it’s a big buy the dip. Crazy strong run through to 1,000. Some sort of spike out of 1,200 (Can be up to 25%, giving 1,250). A drop under 1,000. 1,000 holds retest. Crash one to 700. Bounce to around 900. Drop to around 350. These four stages may be the next parts of the move. This would complete the full Elliot wave 1-5 for the uptrend and ABC for the dump. Shortby holeyprofit8832
Nvidia next moveNote that strategy doesn't respect any pair,the only thing that you need to do is to know how to use it where to use it,I always tell my students that if you wanna be a friend of the trend don't against it,but generate liquidity into position,Nvidia is preparing for 130 coming weeks,monitor it find yourself good entry point wish you all profitable week#(GAME OF PATIENCE)Longby mulaudzimpho2
Nvidia is Going to ZERO. AI Will Not Change the World.Hello Everyone, Anybody buying NVDA at these levels will suffer the same fate as the Intel (INTC) buyers during the Dotcom bubble. Chances are Jun 20, 2024 was the top and so far we have been making lower highs and lower lows. Weekly timeframe shows a bearish engulfing, however we will need a confirmation dump candle with another follow through candle to confirm further dumping as shown in the chart above. Massive bearish divergence on weekly and the RSI might be confirming a lower high for the third divergence. This bearish engulfing candle can be cancelled if we can't close below the candle next week. Whether we still trade around these levels for a little bit longer or dump now, eventually NVDA will be headed towards $5-$10 during this upcoming recession. The NVDA hype will die during this recession and everybody is going to forget about it and will have many competitors in the future. We may never see NVDA this high again in our lifetime.by justaturboman44442
NVDA Will Rip Off After EarningsNVDA is forming a downward wedge pattern. It is now hugging the green support line from January 2023. At around 97, it will fill the gap formed after May 2024 earnings. The region around 100 is .618 Fib retracement area. 95 is a huge support. The green circle is the sweet spot of all these confluences. Around next earnings, NVDA will come out of the wedge pattern, get support of 200 MA, rip off upwards and not look back for some time. Longby RS3175Updated 2323214
NVDAIn a previous post, I plotted George Bayer's "Egg of Columbus" cycle coding suggesting a top. Days later and since then we have witnessed the next phase of constant "P" and "S" which follows after the feast. We witnessed the dump and now double top. Soon the cascade. Analysts are describing reasons why they think its suddenly come down. Sales, projection models, Bearish news, etc... Simple, it's too expensive and priced in to sell and take profits. We will likely see sharp drops with sudden areas of distribution for the rest of the year. Sept/Oct may see more panic selling as holders try to liquidate before others do. Bag holders are likely be stuck for the next year and adding to position until cash positive again years later because they believe in the company. Read George Bayers coding to help recognize where you are in the present cycle and you may agreed. The bottom will not be seen until the "soup" phase, the quasi double bottom with a higher low. At what price? You will know when everyone is thinking you are insane for starting to accumulate when nobody else would. Till then, we watch the drama unfold and the crazy excuses as to why it's happening. The answer is simple...price ahead of time. What say you?? Trade safe. M~ I am 100% wrong...Shortby mnovo5
THE NVIDIA DUMPING ACTION IS COMING: Don't Say I Didn't Warn YouJoin me as I dive into the world of NVIDIA and see if I can predict the next big move in their dumping action! In this video, we dive deep into the imminent dumping action surrounding NVIDIA and what it could mean for investors and the tech industry. With recent market trends and analysis pointing towards potential sell-offs, we discuss the signs to watch for and the implications of such actions on NVIDIA's stock performance. Whether you're a seasoned investor or a tech enthusiast, understanding the upcoming market shifts is crucial. Don't say I didn't warn you! Join us as we break down the data, share insights, and prepare for what lies ahead in the world of NVIDIA. Make sure to subscribe for more updates and analysis on tech stocks and market trends! Short15:03by Pan_empp1
NVDA Failure at Downtrend ResistanceNvidia's latest earnings came in around expectations with a slight increase in Q3 guidance. There are doubts over the company's Blackwell chips and some profit-taking, or negative news, may emerge ahead of future earnings.Shortby k3vgee1
NVDANvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Shortby HavalMamar2
NVDA Support / Resistance linesI just put these lines in place because this is where I see the current support and resistance lines at. At least for the current week or so. by bennettsimerlein113
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart because we have the breakout with force the vwap indicator by buyers.Longby PAZINI195
NVDA - Wave 4 Complete? Let's Take A Look!Hey nerds! Alright, so here's the deal. In one of my previous updates, I discussed the 161.8% extension target which is the high probability target for a wave 3 and we hit it basically perfectly. Now that we've hit that target, mixed with channel resistance, I would have expected price action to pull back, which it did. The pullback target for wave 4 (at the 38.2% internal retracement) was about $118 and after earnings, NVDA went below that. Not trading advice, but I was a buyer down there in after hours. Price action yesterday was bullish at the open with a big gap up but was met with heavy selling. There were lots of options traders holding calls and if you don't know what you're doing, you probably will be holding worthless options today. Trading options on earnings is a tricky thing to do if you don't know what you're doing, so be careful! Now that we're here, I can say my target for NVDA is roughly $140, as long as we can stay above the $117/$118 level in the coming days, especially today. Continued support there will be important for a wave 5 move. September is typically bearish but not always. It may not get really bearish until after OpEx later in September, but I've seen labor day sell-offs in the past. One day at a time. Be methodical. Have patience. Don't overleverage yourself.Long06:44by bitdoctor4
NVIDIA: As growth slows, Market will correct evaluation of AINVIDIA continues to announce reports of a growing business, but this growth's velocity is slowing down. The chip designer has reached peak interest on the financial market both in institutional and private investors, for which the buy-back plans of NVIDIA might be the only remaining driver of evaluation. The delay of Blackwell will lead to a stall of growth for the whole business, as data centers establishing new circuits for AI business rather pre-order the newest generation of chips and wait out their expansion than make do with the current set - after all, this hardware is supposed to run for years and rushing it won't help the bottom line when customers asked for most efficient and most recent cutting-edge hardware. Known problems with generative AI aside, resistance against training AI with the internet is moving forward. X, formerly Twitter, excluded web access to it's data treasure ever since Elon Musk took over, and other websites are to follow. Internet service providers and web services announce a significant rise of traffic and requests - according to their own identification: AI training bots scraping the internet for training data. The problem: these bots aggressively scrape even for pages the web service providers don't want any bots to see. Google established the standard of putting a simple text file called robots.txt with a list of pages you don't want in the index up onto the top of your website. The new AI training and scraping bots ignore this text file and violate the privacy and consent of service and content providers. So what began with Elon Musks attempt to make a profitable business out of the internet's once most favored website, is now becoming a movement in size similar to the movement of blocking ads. Large content providers will take measure against illegitimate scraping or AI bots themselves, so the largest database of training data will soon vanish away from sight if AI bot engineers won't pick up the fight against measures counterfeiting their product. To see how the fight might end, one can refer to the war against Ad Blockers, which is in a similar bind of endless fights. Google, the most dependent business on advertising, would rather have them out sooner than later, and even manipulates the most favorized browser in the world to render ad blockers ineffective. However, any measures taken by Google to counterfeit the users' legitimate measures to select the content they want to see as well as protecting their computer from malicious intent lead to Ad Blockers coming out even stronger in their function, ending Google partially giving up the fight. For AI, training with the applied and collective knowledge of the internet could become much more expensive as important content providers such as Stack Overflow, a large Q&A solutions database for engineers, might want to cash in on the AI industry early-on. In general, the quality of future AI models is not only endangered by a degression of quality (by ingesting AI results and being unable to tell the difference) but also by a degression of free access. The AI expansion in the industry is underway, but as the generative nature of it, with all its disadvantages, as well as upcoming difficulties, whether in court or in the web, putting brakes on the growth of the industry, AI products might take longer to establish. AI systems in its current generation are limited to assisting in service; they're unable to creative or critical thinking and make the best impression on people who are easily impressed and lack of deeper understanding of what the AI generates. For a finished product of high quality, manual improvements and, in general, humans assisting the process are required. Purely AI-generated products directly distributed, due to common availability of the technology, already give the impression of being cheap, untrustworthy and probably something the internet generated, according to surveys of analysts in the public communications and marketing sector. The generative nature of AI products works well in products relying on repetition and a low intellectual approach, such as production of pop songs or any other action movie, but will come to show negatively on everything requiring deeper thought, such as the creation of tailored software solutions. For the present, as long as AI is only the generative machine deriving a remix of everything humans once wrote down, AI will remain more to be an Assisting Intelligence rather than being Artificial Intelligence.Shortby Johnny_TV0
$112 is a possibility for NVIDIA$112 is a possibility for NVIDIA Nvidia announced impressive earnings that exceeded market expectations. The company reported a 122% year-over-year revenue growth, bringing in $30 billion for Q2, with earnings per share (EPS) of $0.68, surpassing the forecast of $0.65. Despite these strong results, the guidance for Q3 disappointed investors. Nvidia projected a revenue of $32 billion for the next quarter, which fell short of investor expectations. As a result, investors reacted by selling off Nvidia shares, causing the stock price to drop by 8% in after-hours trading. I am looking at Nvidia reversing to around $112 which is close to FIB50Shortby ForexClinikUpdated 7
CAN BE NVDA NEXT BIG MOVE TO THAT SUPPORTAfter Analyzing, Technically, That my predictions and next big move, waiting to that support of $98by ryfa20052
Bubble territory All bubbles look the same, the US economy is holding by this one thread called NVIDIA... This chart looks exactly like BTC in 2018. See my post.Shortby MrNarmerkTheSacredGeometer2
NVDA Bear/Bull tomorrow 8/20/2024NVIDIA (NVDA) recently reported strong earnings for Q2 2024, achieving record revenues of $30.0 billion, up 122% year-over-year. Despite these impressive figures, the stock has faced significant volatility, reflecting a complex market reaction that has disappointed many investors. Market Reaction and NVDA's Position: Price Action: After the earnings report, NVDA experienced a notable drop, which suggests that while the financial results were robust, the market may have priced in high expectations. The stock's decline indicates that traders might have been looking for even more optimistic guidance or perhaps were cautious due to the broader market environment. Trend and Technical Analysis: On the 1-hour chart, NVDA shows a clear downtrend, marked by lower highs and lower lows. The stock has fallen below key support levels, with $123.09 and $118.15 being critical points to watch. The current price action suggests a bearish sentiment in the short term, with the possibility of further downside if it breaches the next support at $114.94. Support and Resistance: The upper resistance around $136.20 and $131.26 could serve as significant hurdles if NVDA attempts a recovery. If the stock continues to struggle below these levels, it may indicate persistent selling pressure. Volume and Momentum: The declining momentum and trading volume further confirm the bearish outlook. If the stock does not find support at the current levels, it could test lower supports, with $97.16 and $90.78 as possible targets. *Despite the recent decline, NVDA remains a leader in the tech sector, especially in AI and data centers. The long-term growth potential is still intact, and the current dip could present a buying opportunity for those with a long-term horizon. *For short-term traders, it's essential to be cautious due to the stock's volatility. The upcoming long weekend (Labor Day) could lead to lower liquidity, which might exacerbate price swings. It's advisable to set strict stop-loss orders and be mindful of potential market gaps when trading resumes after the holiday. Overall, while the short-term outlook for NVDA seems challenging, the company's strong fundamentals and leadership position in key growth areas like AI suggest that the current pullback could be a temporary reaction, offering opportunities for disciplined traders. by BullBearInsights225
THE NVDA THESISUsing the 1hr Time Frame, There is a head and shoulders pattern forming in the channel. The measured move can take NASDAQ:NVDA to 167ish if and when the breakout happens. The buy zone is between 104 and 109 where we have a couple of VPOC resting. Longby Alembic113
$NVDA - This is what I thinkNASDAQ:NVDA I bought a small starter position today, even though I mentioned that the ideal entry would be around the $95 area. I know, I committed a sin. Instead of waiting for it to come to me, I caught it in midair. 😂 Hopefully, the stock gods can find it in their hearts to forgive me. Anyway, I’m watching the VWAP and trendline closely for a potential reversal. On the other hand, if it breaks out from that broadening wedge, it could head to the $154 area. With a $50 billion buyback in play, I don’t think it will get to the $95 area unless the macro environment deteriorates. Targets: $130 $140 $154 Supports: $117 $109 As always, I share my opinions and trades. I’m not suggesting anyone follow my trades. You do you.Longby PaperBozz6
NVIDIA to $180Overview It's a good mindset to be skeptical about a bull market that doesn't seem like it should exist. The GDP (Gross Domestic Product) has declined for a second consecutive quarter to a 24 month low and the Civilian Unemployment Rate is the highest it's been since Nov 2021. This leads me to believe that the current rally is being mostly fueled by two factors surrounding artificial intelligence: hype and revenue. NASDAQ:NVDA is the leading A.I. developer and hasn't experienced a decrease in quarterly revenue since November 2022. When faced with the unknown -- which in this case would be the direction of the stock market -- people cling to what they know. I believe this will present itself in more clearly defined trading patterns and price-swing predictability. Technicals NVDA is setting up a pattern that resembles the 5 Elliott Impulse Waves with each wave taking between 3-4 months to develop. If accurate, the trough of the 4th wave could find the share price in the proximity of $100-115. I utilized Fibonacci levels against the low of the 2nd wave to the high of the 3rd wave. In addition to helping find a support level for the 4th wave, the uptrend Fibonacci tool also provided a projected price target near $180. I compared the 1.618 (161.8%) micro-Fibonacci retracement to the 1.618 macro-Fibonacci retracement, which consumes the entirety of the already existing patterns. I took the difference of $18.19 between the projected 1.618 Fib levels then created a low and high range where I believe the 5th wave will peak. I ended my projection at this point, however, it is worth noting that impulse waves are followed by correction waves which serve in the opposite trending direction.Longby Shepherd_InvestorUpdated 6644
NVDA August 29, 2024: Pulling back to MA-50On August 29, 2024, after earnings, NASDAQ:NVDA pre-market is pulling back to its MA-50 and I think it is a valid buy point here. As long as the price will trade above the MA-50 the trade can be considered working well. The stop loss can be placed 2-3% below the MA-50.Longby longsonvnUpdated 4
$NVDA Bull Pennant or Bear Pennant in Disguise?NASDAQ:NVDA This market is on AI "crack" and "hopium", disconnected from the reality of a declining labor market, ATH personal credit card defaults, and declining consumers who can't even afford to shop at the dollar general anymore. Let's see how this crowded trade plays out. 1) Will China invade Taiwan and take NVDA down? 2) Will November elections prove to be the lynchpin for a bear market? 3) Will the FED just fire up the printer and BRRRRRRRRRR all the problems away with QE. 4) Will Buffet go ALL IN on NASDAQ:NVDA and drag retail traders along (LOL!). Stay tuned!!! NOTE: Not Trading or Investment Advice. by tantamount228
Triangle pattern in NVDAMy favorite triangle pattern in NVDA. In short term it should fall to around $107. If it starts increasing from here, we should see this reaching the peak of triangle, which is around $140. Watch out at around $107 level. Longby bigoyal221