Hello friends, here is a fresh NVDA update. The structure has become quite clear. NVDA should be heading to the 190-210 region. I find it most probable that it will bottom at 200, because that is where the .5 fib retracement lies from this larger degree move. After this, it should move towards 400+ through the rest of the year. Good luck traders :)
The structure for NVDA is becoming more clear. It looks like we have one final low to make to about the 230 region to fill the gap. At that juncture, I will "back up the truck". Very bullish setup moving forward.
Two outcomes in the next few weeks. ER beat 👉Re-test resistance. ER miss👉 Break support - Re-test $205-$208
NVDA made a nice 5-wave move off the low, but now it is time to take a rest and digest some of the gains. We may still get one more small push up to the 270 level, but it is not worth chasing right now. The price target for this swing trade is 400+, which would translate to a 60-70% return by the end of the year.
NASDAQ:NVDA Possible finished correction and is headed to 290. is in micro wave 4 out of 5.
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...
NVDA (NVIDIA CORPORATION) will go down around $231 to finish the correction and after that, it will make a new high. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing...
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...
Similar pattern as other SEMIs. Expected breakout above $315. The important part is the consolidation in the $295-315 range. The perfect pattern would have a volatility contraction after the previous larger correction (check), volume dry-out (check), and then higher than average volume on the breakout to new intermediate highs above $315.
NVDA (Nvidia Corporation) will down around $258 for correction and after that, it will definitely make a new high as a preferred count (projected by with black line) as a complex correction. Another side of the view is an alternative count ( projected by with red line) it can be the 1st wave and it will down a little bit and it doesn't make a new low below $271.45...
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...
There is a bearish wolfe wave setup on the daily time frame that triggered last week Dec 3, 2021. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is approx 180 which is represents a 5 standard deviation move. ...
A date with $270 is in order, but I'm not sure it gets much below that. Could happen by Wednesday, but if $270 hits I will buy a new set of swings as that technically backtests and holds the bull flag.
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:...
NVDA looks like it wants to break below support here. Key level to watch. Below 218.30. Target: 5 points to the downside.
$NVDA to pull back to the slow-moving average (purple highlighted area), using it as support, then potentially move higher as shown by the bullish Ichimoku cloud. There is clear disequilibrium between the fast and slow-moving averages (base and conversion lines) and price action has already started moving towards the base line at roughly $569.63 and my analysis...
NVDA seems to be prime for a move up from previous support area and 200 MA to GP and high volume price range.
We see a long-term channel (purple lines). It started in 2016. In October 2018, it was broken. Then the "Diamond" model was formed. And the growth began until March 2020. Then the price of April 2020 pushed off from the support of the "diamond" and took a course sharply up to rejoin the old purple trend. Today we are near the trend resistance, the peak growth is...