I wanted to own some NVDA for my LT for a long time. These are the levels I'd consider adding to my portfolio. I love the company.
Hello traders and investors! Let’s see how NVDA is doing today! In the 1h chart, we did a false breakout from the previous support at $ 206, and we are going up nicely today. In fact, today’s reaction is quite important, as this might be the beginning of the famous Gap Reversal Ritual . NVDA did three different types of gaps during its last bearish leg....
Chart provided. If selling continues expect these lvls below. 355 345 Support Targets
Hi everyone! Today we take a look at spaceship of a stock NASDAQ:NVDA . Nvidia stock has been booming since crypto market skyrocketed in 2016. The company is overvalued from fundamental indicators viewpoint, but these kind of stocks seem to totally ignore the fundamentals. Let us analyse the price movement using my favourite tools. The orange trend...
Semiconductors/chips continue to be an essential part of everything around the globe. For a year, we have maintained an upward trend, which is being tested today. There are clear outperformers in the industry, but it is clearly been working for all of them as a whole. When we have touched the trend line in the past, we have had a 50 point gain, which has...
Today is a critical day for NVDA, closing below the bullish channel could push it another lower for another 10%..! Looking at the previous corrections of 14,17,24.5% makes this scenario very possible! We should consider AMD and NVDA will be affected by the Cryptocurrency Market situation as well..! The new restriction on mining could affect both ..! Feb 11,...
Shares of semiconductor manufacturer Nvidia a supplier of chips for everything from playing video games to performing artificial intelligence tasks to mining cryptocurrency, dropped 2.2% through 10 a.m. EDT Friday. It's the last of those three chip uses -- mining cryptocurrency -- that seems to be weighing on the stock. The People's Bank of China, you see, just...
So far the 1D MA50 (blue trend-line) is supporting NVDA which has been inside a strong bullish trend since the March 2020 COVID crash. There is no better way to illustrate this than the Fibonacci Channel. However there have time phase of accumulation where the price took a breather from the prior aggressive leg, trading around the 1D MA50 and rebounding only...
Will NVDA go forever? maybe, the world is only increasing it's demand for computer chips.
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ Nvidia Stock starting push back up after the drop caused by the Evergrande problems where we see the stock pushing from 206.27 up to 225.34 in 3 days, That's almost a 10%...
Trade Idea: 9/24 222.5C over 220. BID/ASK: .89/1.00 ......................
Hello traders and investors! Let’s see how NVDA is doing today! After it defeated the pivot point at $ 214.56, NVDA reversed the trend nicely. It quickly filled the gap (yellow area), making it an Exhaustion Gap, and now it is trading slightly above the resistance at $ 224 , which is a good sign. There’s still a chance that it’ll do a pullback to the 21 ema...
AMD was able to break the 1/11. 99 resistance level on 7/29. And on 9/20 was able to find support at that 99 level, and has formed a falling wedge pattern. There's trendline resistance at 104. AMD over 106 can cause a bigger breakout.
NVDA is in a bullish uptrend momentum. Stochastic oversold give us an opportunity to enter near to 50 EMA used as support many times. Also 50 EMA coincides with a channel support created after the breakout of resistance at $ 207,34. ADX is above 21 suggesting that the trend is still strong. Moreover the channel support coincides with the 50% Fibonacci. BUY ENTRY:...
Watching the $209-214 for a dip buy that concludes wave 4. Looking for new all time highs to be made on the wave 5 move up. Waiting on the sidelines for that dip for now. Goodluck!
Here is what stocks we are watching for this week! NASDAQ:NVDA Currently range bounce with a support of $518. Will looks to take puts on a move under that 518 level. NYSE:GS Looking at a double top on the daily level. Looking to take puts under the $388 level NASDAQ:CRWD Clean bear flag showing on the daily chart. If we get more selling in tech this...
NVDA looks like it wants to break below support here. Key level to watch. Below 218.30. Target: 5 points to the downside.
Waiting to see which colour line it respects the most before entering a play (to determine expiry).