- NVDA potential 4h Head and shoulders 400 is key resistance zone - AVGO slight beat red after earnings due to it running too much into earnings - SPY rising wedge pattern breaking soon - QQQ potentially confirming a daily bull flag if we break the high of Tuesday.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that over the past 150 days Nvidia stock is actually up about 200% and is therefore definitely ready for a short term correction. You can also see that we do have the next previous resistance zone which is now turned support exactly at the...
- NVDA closed right at support very likely testing it again tomorrow morning. - Nvidia does not have a lot of support in the gap zone so potentially more sell off if we do get into the zone. - SPY rising wedge pattern is still in play. - QQQ daily consolidation is still healthy havnt even pull back to 0.382 yet which potentially can still be a daily bull flag....
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia just perfectly broke above the previous all-time-high which we created back in November of 2021 at the $340 level. You can also see that from a weekly perspective Nvidia stock is a little bit overextended towards the upside,...
- NVDA rising wedge resistance rejection, a lot weaker today - QQQ bounced off double bottom with yesterdays low - NASDAQ double top resistance still holds - CPI Data 5:30am PST tomorrow - PPI Data 5:30 PST thursday
- Personally i think NVDA is overvalued but markets can stay overvalue for longer than you think and vice versa - if we do get a quick reversal here from NVDA than it would be a bull trap right no zero signs of that. - strong 15m EMA 12 guide for NVDA - NVDA outperforming SMH and QQQ - NASDAQ broke above resistance no follow through - SPX did not break above...
- NASDAQ:NVDA still lead bull in the NASDAQ:SMH sector you can see AMD already has been dropping - NVDA clear resistance 280 rejected multiple times - SMH holding above its weekly support, 13 cents away from breaking on Friday. - NASDAQ:MSFT and NASDAQ:GOOGL ER Tuesday AH will drag SMH which everyway the earnings come in.
- NASDAQ:NVDA shaping up a H&S bearish pattern on daily time frame - NASDAQ:SMH / SOXX semi sector relatively weaker than NASDAQ:QQQ & $NASDAQ. that's why im still holding onto SOXS - When lead bull sectors starts to turn into more bearish we have to be careful with the other sectors. So far it is showing relative weakness but not too big of a divergence...
USD is showing strength right now after Powell decided to raise interest rate. I believe NVDA is very good stock but it is considered way overpriced right now. So I will sell it to but it later at cheaper prices hopefully under 100. We also have very good setups in USD pairs due to that strength in the USD that I think may work well for the next month or 2...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Nvidia stock just had a massive rally towards the upside, just the past 70 days the market is up about 75%. You can also see that during this long move towards the upside, we didn't really have any weekly correction towards the downside, so from a...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move. The past couple of weeks Nvidia already started...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Nvidia is actually quite overextended towards the upside, just the last couple of weeks the market had a pump of about 65% towards the upside. Considering the fact that from a weekly perspective we are also retesting previous support...
Hello Traders, welcome to this free and educational technical analysis . Nvidia is looking very bullish on the weekly timeframe, considering that we are creating a massively bullish inverted head and shoulders. On the daily timeframe I am now just looking for a retest of the neckline of the head and shoulders and some bullish confirmation on the lower timeframes...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Nvidia back at a all time LOW + DEMAND zone price previously, violently reacted too on multiple occasions along side an INVERSE HEAD & SHOULDERS pattern that corresponds with the demand zone. News recently dropped price pretty nicely which should catch the eye of investors because who does'nt love a discount? Im looking at this for long term and short term but...
-just a simple thought, and a reality, took two separate losses on NVDA, plus i'am holding a contract overnight on a separate account.