META 45Minutes Time frameMETA 45-Minute Snapshot
Current Price: $765.70 USD
Change: +1.81% from the previous close
Market Cap: $1.86 Trillion
P/E Ratio: 25.95
EPS: $27.56
Intraday High: Not available
Intraday Low: Not available
🔎 Technical Indicators
RSI (14): Neutral
MACD: Neutral
Moving Averages:
5-period SMA: Not available
10-period SMA: Not available
20-period SMA: Not available
50-period SMA: Not available
📈 Market Sentiment
Pivot Points:
R1: Not available
R2: Not available
R3: Not available
S1: Not available
S2: Not available
S3: Not available
📅 Outlook
Bullish Scenario: A breakout above the current price could lead to further gains.
Bearish Scenario: A drop below the current price may test support levels.
Overall Bias: Neutral, with mixed signals from moving averages and momentum indicators.
Nvidia
NVIDIA: Rally Stalling?After Nvidia initially drew closer to our beige Target Zone between $150.09 and $139.58, the stock was recently pushed higher once again. Therefore, we still see a 40% chance that a new high for beige wave alt.III could emerge above resistance at $184.11. However, our primary view is that price has already entered wave IV, which should extend downward into the aforementioned beige zone. Since we expect a strong rally during wave V, this price range presents an attractive entry point for long positions, with a stop that can be set 1% below the lower boundary of the zone. Looking ahead, beige wave V should extend up to the blue Target Zone between $227.38 and $260.60, where it should complete the larger waves (V) in blue and in lime green.
BANKNIFTY 45Minutes Time frameBANKNIFTY 45-Minute Snapshot (Updated)
Current Price: 54,533 INR
Change: +0.77% (approx) from previous close
Day's Range: 54,200 – 54,600 INR (intraday estimate)
52-Week Range: 45,000 – 60,000 INR
🔎 Technical Indicators
RSI (14): ~65 — Slightly overbought, watch for pullbacks
MACD: Positive, bullish momentum
Moving Averages:
5-period SMA: 54,300 — Price above SMA → Buy signal
10-period SMA: 54,100 — Price above SMA → Buy signal
20-period SMA: 53,800 — Price above SMA → Buy signal
50-period SMA: 53,200 — Price above SMA → Buy signal
🔑 Key Levels
Resistance:
R1: 54,600 — Immediate resistance
R2: 55,000 — Psychological/round number resistance
Support:
S1: 54,300 — Near-term support
S2: 54,000 — Stronger support
📅 Outlook
Bullish Scenario: Price holds above 54,500 and breaks 54,600 → upward move toward 55,000.
Bearish Scenario: Price falls below 54,300 → pullback to 54,000 possible.
Overall Bias: Moderately bullish with strong upward momentum, but near-term resistance around 54,600.
SENSEX 45Minutes Time frameSENSEX 45-Minute Snapshot
Current Price: 81,422.80 INR
Change: +0.33% from the previous close
Day's Range: 81,235.42 – 81,643.88 INR
52-Week Range: 71,425.01 – 85,978.25 INR
🔎 Technical Indicators
RSI (14): Neutral
MACD: Bullish momentum
Moving Averages:
5-period SMA: Buy signal
10-period SMA: Buy signal
20-period SMA: Buy signal
50-period SMA: Buy signal
📈 Market Sentiment
Golden Cross: The SENSEX recently formed a "golden cross," where the 50-day moving average crossed above the 200-day moving average, indicating a bullish trend.
Analyst Outlook: Analysts maintain a positive outlook on SENSEX, with a consensus rating of "Buy" and a 12-month price target suggesting potential upside.
📅 Outlook
Bullish Scenario: A breakout above 81,643.88 INR could lead to a push toward 82,000 INR and higher.
Bearish Scenario: A drop below 81,200 INR may test support around 80,800 INR.
Overall Bias: Moderately bullish, with positive momentum but facing near-term resistance.
MSFT 4Hour Time frameMSFT Snapshot (as of latest session)
Current Price: Around $498.40
Day Range: $497.0 – $502.2
Open: ~$501.4
Market Cap: ~$2.79 Trillion
P/E Ratio: ~28.9
EPS: ~12.93
Pivot Levels (Daily basis, useful for 4-Hour analysis)
Pivot Point: ~$498.9
Resistance Levels:
R1: ~$499.5
R2: ~$500.0
R3: ~$500.6
Support Levels:
S1: ~$498.4
S2: ~$497.8
S3: ~$497.3
Technical View (4-Hour Frame)
Momentum: Price is consolidating near the pivot (~$498–499).
Indicators:
RSI around 45 → neutral to slightly bearish.
MACD negative → bearish bias.
Moving Averages (short and long) → leaning bearish.
Bias:
A breakout above $500 may open short-term upside toward ~$500.6 or higher.
If MSFT falls below $498, pullback risk increases toward $497.8 → $497.3.
✅ Conclusion: On the 4-hour timeframe, MSFT is in a neutral-to-bearish phase, stuck around its pivot. Buyers need a clear move above $500 to regain strength; otherwise, it risks drifting lower toward support.
BANKNIFTY 4Hour Time frame Bank Nifty Snapshot (10 Sept 2025 – 4-Hour Chart)
Current Level: Around 54,550 – 54,650
Intraday Change: Up about +330 to +440 points (~+0.7%)
Trend: Bullish, price holding near highs
Key Pivot Levels (Daily Basis – useful on 4H)
Pivot Point: 54,352
Resistance Levels:
R1: 54,487
R2: 54,623
R3: 54,759
Support Levels:
S1: 54,215
S2: 54,080
S3: 53,944
Technical View (4-Hour Frame)
Momentum: Price is trading above R2 (54,623) → shows strong bullish bias.
Indicators: RSI near 65–70 (bullish), MACD positive, moving averages aligned upward.
Bias:
Sustaining above 54,623 → next upside toward 54,759 and beyond.
If it falls back below Pivot (54,352) → downside risk toward 54,215 or 54,080.
✅ Conclusion: On the 4-hour timeframe, Bank Nifty is bullish, trading above major resistance zones. If strength holds, higher levels are possible, but profit-booking can trigger quick pullbacks toward support.
NIFTY 4Hour Time frameNifty Snapshot (10 Sept 2025 – 4-Hour Chart)
Current Level: Around 24,990 – 25,000
Intraday Change: Up about +120 to +130 points (~+0.5%)
Trend: Bullish, with price sustaining near highs
Key Pivot Levels (Daily basis, useful for 4-Hour chart)
Pivot Point: 24,858
Resistance Levels:
R1: 24,902
R2: 24,936
R3: 24,980
Support Levels:
S1: 24,824
S2: 24,780
S3: 24,747
Technical View (4-Hour Frame)
Momentum: Nifty is trading above R3 (24,980), showing strong bullish momentum.
Indicators: RSI is in bullish territory (~65–70), MACD remains positive, and moving averages favor upside.
Bias:
Sustaining above 25,000 can lead to further upside, possibly extending gains.
If Nifty slips back below 24,980, it may retest R2 (24,936) or R1 (24,902).
✅ Conclusion: On the 4-hour timeframe, Nifty remains bullish, currently holding above its resistance zone. This suggests strong intraday and short-term strength, though some consolidation is possible around the 25,000 mark.
NVIDIA Has it bottomed??NVIDIA Corporation (NVDA) broke last week below its 1D MA50 (blue trend-line) for the first time in 4 months (since May 06). That was perceived as the bullish trend's strongest Support and rightfully so technically.
The next level to watch as a Support is the 1D MA100 (green trend-line), which was the level that held and led the stock to its previous peak during the last strong bullish trend of October 31 2023 to June 20 2024.
As you can see, there was a situation similar to today's where the price again broke below the 1D MA50 during the uptrend but kept the 1D MA100 intact and rebounded. Still, it managed to touch the 0.236 Fibonacci retracement level.
As a result, there might be potential for one more weekly Leg down to $155.00 (Fib 0.236) before recovering but this would also most likely mean breaking below the 1D MA100. This is doubtful but not impossible but still there are higher probabilities of a rebound sooner.
A strong indicator that is in Support of this is the 1D RSI, which just touched its 2-year Support Zone, a level that has always been a 'Buy' whether short or long-term. As far as a Target is concerned, the 2024 Channel Up peaked on the -0.382 Fibonacci extension, which is at $245.00.
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Trump’s Bond Strategy vs. Saylor’s High-Stakes Bitcoin BetBitcoin ( BITSTAMP:BTCUSD ) Macro Analysis: Trump’s Bond Strategy vs. Saylor’s High-Stakes Bitcoin Bet
1. Trump’s Bond Play and Crypto Ventures: A Dual Macro Hedge
Since returning to office in January 2025, Donald Trump has purchased over $100 million in corporate and municipal bonds, including debt from Meta, Citigroup, and local governments. These purchases are notable for two reasons:
Yield Lock: Trump’s bond buys were made at yields near 5%, a level not seen since the pre-2022 low-rate era. If the Federal Reserve cuts rates as expected in late 2025, the value of these bonds will rise, and their fixed 5% coupons will become increasingly attractive compared to new, lower-yielding issues.
Policy Alignment: Trump has publicly pressured the Fed to lower rates, which would further inflate the value of his bond portfolio. His administration’s fiscal and trade policies (e.g., tariffs, deregulation) could also indirectly support bond markets by stimulating demand for safe-haven assets.
Trump’s Crypto Ventures: Profiting from the Public
Unlike traditional crypto investors, the Trump family’s involvement in the sector is not built on holding Bitcoin or other digital assets. Instead, their companies focus on selling crypto-related products, cashing in on trading fees, and enriching themselves at the expense of an uninformed public. These ventures have been widely criticized as predatory, leveraging Trump’s political influence and public persona to attract unsuspecting investors into high-fee, low-value schemes—effectively an open scam that prioritizes short-term profits over genuine market participation.
Implications for Bitcoin:
If rates fall, bond yields become less competitive with risk assets like Bitcoin, potentially driving capital back into crypto.
However, Trump’s bond strategy and his family’s exploitative crypto ventures signal a preference for traditional financial instruments and extractive business models over supportive crypto policies. This could temper any positive impact on Bitcoin from his administration’s economic agenda.
2. Michael Saylor’s MicroStrategy: A Leveraged Bitcoin Bet
MicroStrategy, under Michael Saylor, has become the world’s largest corporate holder of Bitcoin, with over 446,000 BTC (worth ~$50 billion as of September 2025). The company’s strategy relies heavily on convertible debt issuance:
Debt Structure: MicroStrategy has issued billions in zero- or ultra-low-interest convertible notes (as low as 0.625%), using the proceeds to buy Bitcoin. This allows the company to avoid high interest payments and benefit from Bitcoin’s price appreciation.
Risks:
Leverage: If Bitcoin’s price falls sharply, MicroStrategy may face margin calls or be forced to sell BTC to meet debt obligations, exacerbating downward pressure on $BTCUSD.
Equity Dilution: The company’s aggressive stock issuance (planned dilution from 330M to 10B shares) could depress shareholder value if Bitcoin underperforms.
Recent Performance:
MicroStrategy’s stock NASDAQ:MSTR has outperformed Bitcoin in 2024–2025, but its valuation is now highly correlated with BTC’s price and market sentiment toward leverage.
3. Federal Reserve Policy: The Wild Card
Current Rates: The Fed has held rates at 4.25–4.50% since late 2024, but markets anticipate cuts in late 2025 (potentially 0.50–0.75% by year-end).
Impact on Bitcoin:
Rate Cuts: Historically, lower rates boost risk assets. Bitcoin could benefit from increased liquidity and weaker dollar, as seen in late 2024 when BTC rallied following Fed easing.
Inflation & Macro Risks: If cuts are delayed or inflation resurges, Bitcoin may face headwinds as investors favor bonds or cash.
4. The Crypto Winter Thesis: Is Doomsday Coming?
Bull Case: If the Fed cuts aggressively and liquidity floods markets, Bitcoin could resume its upward trajectory, especially if institutional demand (e.g., ETF inflows) remains strong.
Bear Case:
MicroStrategy’s Leverage: A sharp BTC drop could force NASDAQ:MSTR to liquidate holdings, triggering a cascade effect.
Regulatory Risks: Trump’s bond focus, his family’s extractive crypto ventures, and potential regulatory crackdowns could dampen sentiment.
Macro Uncertainty: Geopolitical tensions, recession fears, or a stronger-than-expected dollar could further pressure risk assets.
Technical Outlook:
BITSTAMP:BTCUSD is currently trading at $109,430 (as of September 4, 2025), up 1.63% over the past week but still range-bound between $107K–$112K.
Support/Resistance: Watch $105K (psychological support) and $115K (next resistance). A breakout or breakdown here could signal the next major move.
Conclusion: A Tale of Two Strategies
Trump’s bond purchases and push for rate cuts could indirectly benefit Bitcoin by reducing the appeal of fixed income, but his administration’s stance on crypto, and his family’s history of exploiting the public through crypto ventures, remains a significant red flag. Meanwhile, MicroStrategy’s leveraged Bitcoin bet is a high-risk, high-reward play that could either propel BITSTAMP:BTCUSD to new highs or accelerate a downturn if forced liquidations occur.
Traders should monitor:
Fed meetings (next: September 16–17, 2025) for rate cut signals.
MicroStrategy’s debt maturity schedule and Bitcoin holdings.
Trump’s policy shifts on crypto regulation and fiscal stimulus, as well as any new developments in his family’s crypto-related businesses.
Final Thought: The stage is set for a volatile Q4 2025. While the macro backdrop favors risk assets if the Fed eases, the specter of leverage unwinding, regulatory risks, and the Trump family’s extractive crypto practices looms large. Caution and active risk management are advised.
NASDAQ:MSTR NASDAQ:COIN TVC:GOLD TVC:SILVER NASDAQ:MARA BITSTAMP:ETHUSD CRYPTOCAP:USDC NASDAQ:TSLA NASDAQ:NVDA
Checking for support near 171.26
Hello, traders!
Follow me to get the latest information quickly.
Have a great day!
-------------------------------------
(NVDA 1M chart)
The basic trading strategy is to buy in the DOM(-60) ~ HA-Low range and sell in the HA-High ~ DOM(60) range.
However, if the price rises from the HA-High to DOM(60) range, a step-like uptrend is likely, while if it falls from the DOM(-60) to HA-Low range, a step-like downtrend is likely.
Therefore, the basic trading strategy should be a segmented trading strategy.
-
Looking at the current 1M chart, the HA-High to DOM(60) range is 121.80-138.23.
Therefore, if the price holds above 121.80-138.23, the step-like uptrend is likely to continue.
The left Fibonacci ratio was drawn in the first wave, and the key is whether the price can rise above 3.618 (181.85) and hold.
The right Fibonacci ratio was drawn in the second wave, and the key is whether the price can rise above 1 (198.88).
Therefore, the key question is whether the price can break above the 181.85-198.88 range.
If the price fails to rise,
1st: 152.89
2nd: 121.80-138.23
We need to check for support near the 1st and 2nd levels above.
-
(1D chart)
The HA-High ~ DOM(60) range on the 1D chart is 180.76-182.70.
Therefore, for a stepwise uptrend to begin, the price must rise above 180.76-182.70 and maintain its position.
The 171.26 level is the HA-High indicator level on the 1W chart.
Therefore, the key question is whether support is found near 171.26.
If it falls below 171.26, it is likely to decline until it meets the M-Signal indicator on the 1W chart.
At this point, the key is whether it can find support near 152.89, the Fibonacci 3 level (157.76) to the left.
If it falls below the M-Signal indicator on the 1W chart, there is a possibility of a downtrend, so you should consider a response plan.
------------------------------------------------
If this is your first time hearing this explanation, you may not understand what I'm talking about.
The important thing is that the DOM(-60) and HA-Low indicators indicate lows, while the DOM(60) and HA-High indicators indicate highs.
Therefore, buys should be made near the DOM(-60) and HA-Low indicators, and sells should be made near the DOM(60) and HA-High indicators.
To interpret charts from a long-term perspective, you need to check the positions of the DOM(-60), HA-Low, HA-High, and DOM(60) indicators on the 1M chart.
The 1W chart is interpreted from a medium- to long-term perspective, while the 1D chart is interpreted from a short-term perspective.
In the stock market, price fluctuations are often driven by issues other than the chart itself, so it's important to always be aware of volatility.
Even so, since volatility ultimately occurs after the chart is created, it's best to analyze the chart first and then examine other issues.
Otherwise, you'll likely end up creating a trading strategy that heavily reflects your own subjective opinions.
-
Thank you for reading to the end.
I wish you successful trading.
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Nvidia - The rally is still not over!🔌Nvidia ( NASDAQ:NVDA ) still heads much higher:
🔎Analysis summary:
For the past decade, Nvidia has perfectly been respecting a major bullish rising channel formation. Currently, Nvidia is still far away from the upper red resistance trendline, which indicates another potential move higher. Just understand that the trend is your closest friend.
📝Levels to watch:
$200
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Nvidia (NVDA) Shows Bearish Signs After Earnings ReleaseNvidia (NVDA) Shows Bearish Signs After Earnings Release
On Wednesday, Nvidia published a fairly strong quarterly report:
→ Revenue for the second quarter came in at $46.74 billion (record), up 56% compared with the same period last year;
→ Adjusted earnings per share (EPS) were $1.05, a 54% year-on-year increase and above analysts’ expectations of $1.01–$1.02.
However, in the Data Centre segment (closely watched by the market), results fell slightly short of Wall Street forecasts, which may suggest a slowdown in capital flows into AI infrastructure. This factor could explain why Nvidia (NVDA) underperformed the index later in the week: for instance, the S&P 500 hit a record high on Thursday, while NVDA closed lower.
Technical analysis of Nvidia (NVDA) chart
Six days ago, we:
→ Drew an upward channel (shown in blue), capturing NVDA’s price swings after the bullish surge at the end of June;
→ Highlighted the importance of support at $170 and resistance at $183.
Indeed, $183 looks like a solid barrier:
→ The numbers (1, 2, 3) mark failed attempts by the bulls to break through this resistance, giving grounds to view the chart in the context of a triple top pattern.
→ The third peak only slightly exceeds the previous highs, which resembles a bull trap and the Upthrust After Distribution (UTAD) pattern in Richard Wyckoff’s methodology, signalling the prospect of lower prices. A bearish gap the following day (shown by the red arrow) and a weak Friday close underline the bears’ aggression.
Given the above, we could assume that the bulls may try to keep the price within the channel, relying on support at its lower boundary. Yet the mentioned signals suggest that the bears are intensifying pressure. If we see only a weak rebound from the lower boundary at the start of September, the current channel could be at risk. In the event of a bearish breakout, a move down to test the $170 support could happen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
NVDA - Watch the show, until the Sh** hits the FanThe expected “end of hype” around Nvidia stems from its current inability to forecast H20 chip sales to China, forced production halts, and growing political friction—despite its strong financial performance elsewhere.
The tension between U.S. export policy and China’s technological self-reliance is creating real operational and strategic obstacles for Nvidia.
In this weekly chart we still have an upward projection.
Nonetheless do we all know what a Game NVDA is playing by selling to its one companies.
The air is thin, very thin up there.
And after the Earnings Report we all know how the books are pimped.
A breach of the CIB line would make me go "hmmm....", and starting to look for a short.
Until then, just relax and watch the show.
NVIDIA Is it still a buy after its Earnings release?NVIDIA Corporation (NVDA) delivered stronger-than-expected second-quarter earnings on Wednesday, but its data center revenue came in slightly below forecasts as U.S. restrictions on H20 chip sales to China weighed on results. The result was a 3.1% fall on the company's stock in after-hours trading following the report.
The obvious question is this: Is it still a buy?
The answer can be given by purely looking at the technicals. Based on the bigger picture, the stock's 5-month pattern remains a Channel Up since the April 07 bottom, and in fact the recent dip on August 20 was a Higher Low exactly on the pattern's bottom and almost on the 1D MA50 (blue trend-line), which has been intact since May 06.
Given also the fact that the 1D CCI rebounded with aggression after marginally breaking below its oversold level (-100.00), similar to April 21, we expect NVIDIA to resume the bullish trend and extend this new Bullish Leg.
Since the last three Bullish Legs have all increased by a little more than +20%, we expect the price to easily reach our $200.00 long-term Target, before the next technical correction occurs.
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Nvidia plummets ~3% afterhours! Buy the dip or sell the rally?Nvidia delivered another strong quarter, beating expectations on both revenue and EPS. However, shares dropped after hours to around $175, as data centre revenue narrowly missed forecasts and China sales remained absent due to regulatory uncertainty.
Technically, if NVDA breaks below $175, bears may target the $170 double bottom support in a dead-cat-bounce fashion, with a risk of further downside if that level fails. However, if the stock holds above $179 and reclaims $185, bulls could see a rally toward $193 and potentially $220 in the medium term, which could still materialise after a short-term decline toward $170.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
All Eyes on NVIDIA Earnings – Will AI Boom or Bust?👀 All Eyes on NVIDIA Earnings – Will AI Boom or Bust? 🎯
Hey guys, Kiri here – the FX Professor.
NVIDIA is at a crucial technical resistance around 182.85 . At the same time, the S&P 500 is already pumped above 6433 — showing strength, for now .
So, what happens next?
🧠 Let’s break it down:
• NVIDIA = The AI barometer 📊
• S&P = Already reacting positively 📈
• Crypto = Waiting in line 🪙
🤖 Earnings Scenarios:
1️⃣ Normal earnings:
Market holds — NVIDIA may stay sideways. Risk-on sentiment stays intact.
2️⃣ Good (even slightly good) earnings:
Likely breakout above 182.85.
S&P 500 could push higher.
Crypto benefits — especially AI-related coins.
3️⃣ Bad earnings:
🚨 Be very, very careful.
Could trigger a rotation out of AI, bring in “overvaluation” FUD.
Combine that with weak GPT-5 reviews? We might see a sharp correction.
Remember: Earnings don’t obey technical setups. This is a fundamental catalyst — and anything can happen. Toss a coin, roll the dice — it’s that kind of game.
📍 My Position:
I'm bullish until NVIDIA earnings drop .
But I’m not blind — the popcorn is ready 🍿 and I’m watching every tick.
The chart shows the key levels – support, parabola, re-entry zones, and risk-reward scenarios.
Stay sharp. This one matters.
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be a HUMAN and as an AI-dev let me tell you this: AI will NEVER be able to come close to Human power: no feelings, no thinking, no intuition, no soul. YOU, my fellow human are the biggest strongest piece of Code. You are the best blockchain, your kids, your work, your hobbies, your pets and your Wisdom are the best Altcoins. Remember to live with Love and respect for yourself and for others.🌟🤝📈
Nvida Earnings Next, Can Cryptos Stabilize? Cryptocurrencies stabilized a bit in the last 24 hours while stocks also rebounded yesterday during the US session, but the dollar is still moving sideways. Maybe there will be a bit of slow day ahead, till NVIDA earnings are released. Data will be announced today, after the US close, when we’ll get Nvidia earnings, which should also be important for the crypto space. And if results beat expectations—or in other words if the market moves higher after hours—then cryptos could also do well. Looking at Nvidia’s wave count, price could be eyeing new highs after a bounce from 170 support, so maybe a minor fourth wave has finished and we could even see a gap higher after earnings, with potential resistance around the 200 round figure.
If earnings disappoint and price gaps lower, I would still see this as a higher-degree corrective wave four retracement, and maybe some opportunities later on to fill the gap. Key support to watch is around 150, the previous high. So even if there’s some downside, as long as any drop it’s not too deep, I still view this stock as bullish within an unfinished impulse, and whenever Nvidia is ready to print new highs, that’s when cryptos could also stabilize.
Grega
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought NVDA before the split:
Now analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week,
I would consider purchasing the 200usd strike price Calls with
an expiration date of 2025-12-19,
for a premium of approximately $10.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Tesla, Nio, XPEV breakout ahead of NVdA earnings tomorrowTesla is breaking out of a daily chart wedge pattern.
This pattern suggest a move to 400 could occur as long as the indices don't fall on NVDA earnings.
If you look at how some of the China ADR EV companies have performed, Tesla could be well on its way to replicating a move.
All eyes on NVDA earnings tomorrow. Heading into the print with a 58 PE and looking like it wants new highs.
NVDA guidance will once again be crucial for the market. $46B revenue estimate is likely to be beat.
We secured profits on the massive nuclear pop today. SMR calls printed over 100%
Nvidia (NVDA) Upcoming Earnings ReportNvidia (NVDA) Upcoming Earnings Report
Tomorrow after hours, Nvidia will release its quarterly report, attracting heightened attention given its position as:
→ the world’s largest company (market capitalisation of around $4.39 trillion);
→ a leader in the development of AI-related industries;
→ strong stock price performance — approximately +33% year-to-date, +108% from the yearly low.
Bullish Expectations
Analysts anticipate Nvidia will report revenue of around $46 billion, more than 50% higher than the same period last year.
Investors are counting on confirmation of robust demand for Nvidia’s chips from tech giants such as Microsoft, Google, Amazon, and Meta, all of which continue to expand capital expenditure on data centres to power AI workloads.
Further support for NVDA’s share price could come from positive news about demand for the new Blackwell chips and the resumption of sales in China following a recent agreement with the US government.
Bearish Concerns
Even strong results may fall short of “sky-high” optimistic expectations, potentially triggering profit-taking and a decline in Nvidia’s (NVDA) stock price. The stock trades at a high P/E multiple (price-to-earnings ratio), making it vulnerable to any negative news or even a minor miss against forecasts.
The primary concern is that Nvidia’s forward guidance might point to a slowdown in AI infrastructure spending growth by its key clients. Any hint of this could negatively affect not only Nvidia’s shares but also the broader technology sector.
Technical Analysis of Nvidia (NVDA) Chart
NVDA’s share price remains within an upward channel (shown in blue), with the following configuration:
→ until mid-August, the price remained within the upper half of the channel;
→ in August, the price declined towards the lower boundary (point A).
The $170 level appears to be a key support:
→ it is a round psychological level;
→ the low at point A looks like an aggressive test of this level, after which the price reversed upward.
From a bullish perspective:
→ support is provided by the lower boundary of the channel;
→ a long bullish candlestick (2) signals persistent demand.
From a bearish perspective, the $183 level looks like key resistance: NVDA’s share price slowed its advance here in early August, with repeated unsuccessful attempts to break higher.
Given the above, we could assume that the bulls may attempt to push through the $183 resistance on the back of the earnings release, but to do so, Nvidia’s results and guidance must at least meet the market’s extremely optimistic expectations.
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