Just wanted to share our heck of a option play that we pulled this morning with NVDA, as a projected pullback from the recent bounce and reaction from the CPI/PPI/Unemply. Data that was release this weekend. CNBC Analysts touted this as a safehaven, but I thought it was a false narrative based on the TA and what we were seeing on the charts going into the...
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...
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...
www.tradingview.com As you can see NVDA weekly RSI is over 90 indicating overbought FOMO traders also buying NVDA against todays CPI data. Sudden drop in daily volume also indicates bulls becoming weaker.
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...
NVIDIA NASDAQ:NVDA - Feb. 22nd, 2024 BUY/LONG ZONE (GREEN): $661 - $810 DO NOT TRADE/DNT ZONE (WHITE): $609 - 661 SELL/SHORT ZONE (RED): Not Shown Weekly: Bullish Daily: Bullish 4H: Bullish Not much to say, earnings and momentum speak for themselves, just thought I'd quickly throw up what I have drawn as support areas for bulls and a profit target. The target...
This is my pathway down after the primary target hit in Mar. 5EMA is the must break for this pathway or it will push into the Main Target box first. The price is in supper extended territory. We should see Maj support box tested at some point in time this year.
Hello Birdies, The stock marketer biggest mover who has the responsibility to keep the market up is topped out. Since June it is in distribution phase. The price is at 1.618 fib level and also taking resistance at fib circle. Once it broke down from yellow line thats the start of bearish trend. The targets are on the line which were converted into support its...
Im shorting NVDA here because of the current seasonal anamoly. NVDA was supposed to fall this time of the year usually tracking 20 year historical data and the options chain is skewed to the call side. PE ratio is insane at these levels Our Ai forecast tool has turned bearish Trade Idea : NVDA 640 PUT MARCH EXPIRY SL 640
NVDA is on the way to its next resistance box, and should be hit by Friday, then a move down to the 575-555 level will be expected I expect NVDA to maj top in Apr
NVDA looks as though it has entered a distribution phase after reaching the 1.618 fib extension. Awaiting formation of UTAD (with low volume), to confirm the sell entry. Hard to gauge how far price will continue to rise in UTAD formation, so I would enter on the UTAD test, which will make it easier to spot full UTAD formation. Take profit would be around $318...
If at first you don't succeed.... Traders, You know I tried this once already. Got stopped out for a loss and honestly, I've been annoyed since. So yeah, this is kind of an revenge trade. Not a good example of how you should trade kids. But again, this is all for your entertainment anyways as I've said all along. Anywho. Here we are at the bottom of my channel....
Long time viewer of ideas, first time posting. I am in no way an experienced expert in any sort of Technical Analysis, let alone Advanced Ichimoku theory, but have spent the last two years learning Advanced Ichimoku where I can. Have been practicing general TA for the past 5 years otherwise. Posting this idea is intended to be part of my educational journey,...
When you trade the Model of the Medianlines/Pitchforks, you know now that price of NVDA is at balance. Why? It's at the Center-Line. From here Chances for up or down are equal weighted Details? Well, price closed above the CL. This is bullish. Price usually pull back to it. Then it should continue to the other extreme, which is the...
NASDAQ:NVDA ,1D: Price dipped just below the 50% line and popped back up over the line after coming off the local lows at 403. Given the 'uncertainty' around the level and duration of a 'higher for longer' rate environment along with the market's general preference for 'clarity' over 'uncertainty', it would not be unreasonable to expect the 'increased volatility'...
I will open a short position if I get an entry at 450. Head and neck pattern that will break soon in my opinion.
Dear Investors and Traders, I'm sharing with you this analysis on NVDA to let you know that the price will come down after the squeeze it made in October, if you're holding as an investor close your position and take your profits, and if you're trading there's no point of taking long trades on NVDA currently. For further questions, don't hesitate to ask!