Entry: Price broke through the trend line and the swing high of trend line. Will be looking to take longs from the bullish zone if the market taps it. Stop Loss: Will be below the swing low. Take Profit: TP1 will be at the bearish Zone, TP2 will be at the Highs.
Nvidia, the undisputed leader in graphics processing units (GPUs), has hit a rough patch. After a stellar run that saw its stock price reach record highs, the company has entered correction territory, with its share price dropping over 10% from its peak. This sudden decline has sent shockwaves through the tech industry, prompting questions about the company's...
Chipmaking giant Nvidia ( NASDAQ:NVDA ) finds itself navigating the stormy seas of correction territory. With shares down 10% from their recent all-time highs, investors are left wondering: what lies ahead for this AI powerhouse? Nvidia's ascent to prominence has been nothing short of remarkable, fueled by the insatiable demand for its graphics processing units...
If you haven`t bought NVDA before the previous earnings: Then it's important to note that technically, we're currently in a double top formation, which is one of the most bearish chart patterns. While I anticipate NVDA to rise by the year's end, it appears bearish for the next month.
Nvidia has officially introduced its next generation AI hardware and software offering, setting a new standard in the industry. With cutting-edge technology and innovative solutions, Nvidia is paving the way for the future of artificial intelligence. This new offering promises to revolutionize the way we approach AI, providing faster, more efficient, and more...
Nvidia is working it's way through a b-wave retracement and may get slightly higher before resuming it's downtrend towards $834 with a chance of tagging $753. Best to all, Chris
NVIDIA at current levels offers a good long/buy opportunity based on just technicals.
Nvidia is in its last stages of its 5 year BULL PHASE! Don't become a 'forced Long term Investor' by entering now. Note: This is a Relative Momentum chart of #NVDA w.r.t. #SPX #USmarkets #SPX
The AI chips make NASDAQ:NVDA makes a lot of noise, for those who can wait for price pullback wait below The idea is Buy, but if you want to short this be on your own, This is only my view on this stock, we might see 1000$ or not. if algo can manipulate the 9 number then this valid, if not were going lower. To a stock trader trade at your own risk, to...
Nvidia has been retracting some of it's monstrous gains lately. To stay below the $946 area brings $813 into view as the next downside target. A sustained break of $946 should deliver a new high...however, this pattern higher looks very corrective. I favor $813 before new highs. Best to all, Chris
Hello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: For a decent period of time, Nvidia has been trading in an obvious rising channel formation. We had the last retest of support in 2022 so the rally of +600% towards the upside was actually quite expected. Nvidia is now approaching the upper resistance of the...
Trade idea NVIDIA - 48h expiry - We look to Buy at 870.50 (stop at 846.50) As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. This has resulted in a large symmetrical triangle formation being posted on the intraday chart. Trend line support is located at 870. The bias is to break to the upside. The primary...
Today is day 2 of the NASDAQ:NVDA GTC conference, NASDAQ:NVDA had a bearish day yesterday even though it was day 1 of the event. I think there was actually a lot of great news for NASDAQ:NVDA , but surprisingly there was little upside in terms of price action. So far NASDAQ:NVDA has been bearish since reaching the yellow trendline, and I think the momentum...
At this point NVDA is unstoppable. It will not pull back until at least $500 - $520. But even at that point it could easily turn the top of this upward channel trend Into support and then we are looking at clear skies and smooth sailing until $1000. I mean why not? NVDA could easily demand a more than 2 trillion dollar market Cap. Especially considering when its...
After the sharp drop that NVIDIA had on Friday, what consequences can we observe? Has the bubble been burst? Are we going to attend strong corrective phases? Following the line with the price at maximums on February 12 and 23, we can see that when it reached that resistance line last Friday, the price fell sharply. Since then it has moved laterally, above the...
My view of NASDAQ:NVDA support lines. When looking at the support lines in NASDAQ:NVDA , I think of them in three tiers of defence: The first line of defence: If the market holds this line, it's likely just a minor correction in the overall trend. In this case, it's recommended to buy the dip. The second line of defence: If the market holds this line, it...
After NASDAQ:NVDA managed to beat extremely high earnings expectations, I made a post-earnings analysis video discussing how NVDA has the potential to reach this strong resistance level around $940. Just a few short weeks later and NVDA has already risen to this price target. I think this will be extremely strong resistance, and I have concerns that NVDA could...
Overview My first two publications on this idea were removed and I was banned for a day so let's try this out again: ... I finally gave in and started looking into NASDAQ:NVDA and I'm glad I did. If I was going to comfortably invest in derivatives or shares of the tech company, I needed to perform a full evaluation and determine pragmatic price targets. ...