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_analysis
Nvidia - This is clearly not the end!📐Nvidia ( NASDAQ:NVDA ) will simply rally more:
🔎Analysis summary:
Yes, over the past couple of months, Nvidia has been rallying another +100%. But looking at the higher timeframe, this is still not the end of the unbelievable bullrun. Following the rising channel pattern, Nvidia can rally another +20% before we might see a potential retracement.
📝Levels to watch:
$250
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Nvidia - This is clearly not the end!📐Nvidia ( NASDAQ:NVDA ) will confirm the breakout:
🔎Analysis summary:
Over the past couple of months, Nvidia managed to rally about +100%, reaching top 1 of total market cap. Most of the time such bullish momentum just continues and new all time highs will follow. But in order for that to happen, Nvidia has to confirm the all time high breakout now.
📝Levels to watch:
$150
🙏🏻#LONGTERMVISION
SwingTraderPhil
Nvidia - New all time highs!Nvidia - NASDAQ:NVDA - breaks out now:
(click chart above to see the in depth analysis👆🏻)
Within two and a half months, Nvidia rallied more than +70%. Following this recent bullish strength, a retest of the previous highs was totally expected. But this does not seem to be the end at all. There is a much higher chance that we will see new all time highs soon.
Levels to watch: $150
Keep your long term vision🙏🙏
Philip (BasicTrading)
NVIDIA: More Room in Wave BNvidia’s strong rally over recent weeks lifted the stock above resistance at $153.13. Despite a brief pullback on Tuesday, we still expect beige wave B to extend toward $178.39. Afterward, beige wave C should initiate a substantial correction, likely finding its low above $81.98 to complete blue wave (IV). If Nvidia rallies directly through $178.39, that would support our alternative view that blue wave alt.(IV) has already bottomed (37% probability).
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Nvidia Update ahead of Quarterly results In this video I recap my previous Nvidia video where I anticipated a rangebound price action with the possibility of a new low for longs leading towards Quarterly earnings.
With the highly anticipated results only days away I outline the possibility for price to pull back into a really strong level of support for a possible long entry .
Tools used
TR Pocket
Fibonacci
Anchored VWAP
Volume Profile
Thankyou for your continued Support
Trade the range until it breaks Nvidia updateThis video is a quick recap on the previous video after the levels I gave produced 30% move to the upside after patiently waiting for the move down to 90$.
So what now is the big question after the unprecedented move we had yesterday .
I outline the next best Short/Long setup and define why I think we stay inside of the range until Earnings Data .
Nvidia - Launching The Final Bullrun!Nvidia ( NASDAQ:NVDA ) can still rally another +40%:
Click chart above to see the detailed analysis👆🏻
After rejecting the channel resistance in June, July and August of 2024 and correcting about -40%, buyers immediately stepped in and pushed Nvidia much higher. There is a quite high chance, that we will see a final blow off rally, squeezing out the last remaining bears.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Nvidia - New All Time High Is Coming!Nvidia ( NASDAQ:NVDA ) can rally another +50%:
Click chart above to see the detailed analysis👆🏻
After creating an expected correction of about -40%, Nvidia is now almost back to new all time highs, showing no signs of weakness despite the recent tech stock correction. If Nvidia creates a new all time high, it is quite likely that it will rally again, potentially all the way up to $400.
Levels to watch: $200
Keep your long term vision,
Philip (BasicTrading)
Nvidia - Consolidation Before -50% Drop!Nvidia ( NASDAQ:NVDA ) is preparing for the correction:
Click chart above to see the detailed analysis👆🏻
Nvidia is still creating pretty clear market structure and price action and therefore there is no reason to change direction or opinion. Following the previous cycles, a correction of roughly -55% is likely and Nvidia's recent consolidation is a first strong sign of bearish weakness.
Levels to watch: $120. $60
Keep your long term vision,
Philip (BasicTrading)
NVIDIA 4 Hour -30 Minute Wave Counting Where are We Going ? Morning Traders
We are looking at if this market has finished making a wave 4 correction or are we in for a treat with either a small correction down before we punch up to the 137-138 target we have in our wave counting and projections.
The question is always be aware of the worst case scenario here and the best case scenario, take caution
Happy Trading
MB Trader
Nvidia - A Correction Of -50% Is Starting!Nvidia ( NASDAQ:NVDA ) is reversing at a strong resistance:
Click chart above to see the detailed analysis👆🏻
Last month Nvidia already corrected about -35% but managed to close with an indecision doji candle. However, previous cycles, the recent rally of +1.000% and the fact that Nvidia is retesting a strong resistance trendline all suggest that Nvidia will still move much lower soon.
Levels to watch: $100, $55
Keep your long term vision,
Philip (BasicTrading)
Nvidia - The -60% correction is starting!NASDAQ:NVDA is showing us multiple confluences which will lead to a massive move lower.
Be greedy when others are fearful and fearful when others are greedy. But on Nvidia we cannot be fearful yet - so far, the smaller timeframes are still bullish. Everything makes me believe though that we will see a significant move lower soon: Nvidia is retesting massive channel resistance, repeated the previous bullish cycles and is preparing for the next correction cycle!
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
Nvidia - The tide is (finally) turning!NASDAQ:NVDA is about to create a bearish reversal which will lead to a -60% correction!
Charts just don't lie at all - instead fundamentals are always an illusion. Nvidia was retesting a major resistance trendline and is starting a significant bearish reversal. Nothing changed fundamentally but Nvidia is already down -25% over the past couple of days. This is just the beginning of another potential bear market, like we saw it back in 2018 and 2021...
Levels to watch: $55
Keep your long term vision,
Philip - BasicTrading
Nvidia - Still waiting for a correction!NASDAQ:NVDA is clearly overextended but still not bearish at all on the smaller timeframes.
If you watched my previous analysis on Nvidia, you know that I have been bearish for quite some time and totally wrong so far. But there was never ever any single sign of weakness so I did not take any trade betting on price to go down. Nvidia is still retesting resistance, it is still somewhat overextended and I still do expect a visible rejection away towards the downside.
Levels to watch: $140
Keep your long term vision,
Philip - BasicTrading
Nvidia - Massive rejection soon!NASDAQ:NVDA is clearly overextended after the +1.000% rally and ready for a correction.
Trees simply do not grow to the sky. And neither do stocks, especially Nvidia. I know that a lot of people are calling price targets of $250 and beyond, but we still have to respect gravity and the nature of fear and greed. Nvidia is simply overextended a retesting a 6 year resistance trendline. I do expect a correction between -20% and -30%, but also -60% is definitely possible.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
NVIDIA - Correction after stock split?NASDAQ:NVDA has been one on the strongest stocks of the past decade with a rally of +25.000%.
Today, Nvidia had a stock split of 1:10, meaning that for every 1 share of Nvidia, you recieved another 9 shares (10 in total). Therefore, Nvidia stock price was simply divided by 10 ($1.200 / 10 = $120). Nvidia stock is currently retesting a major resistance trendline and is repeating another "cycle pattern" like we saw in 2015 and 2019. A correction is simply quite likely.
Levels to watch: $120, $50
Keep your long term vision,
Philip - BasicTrading
Nvidia - Still a correction?Hello Traders and Investors, today I will take a look at Nvidia .
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Explanation of my video analysis:
Over the course of the past seven years, Nvidia stock has been trading in a pretty obvious rising channel formation. As we are speaking, Nvidia stock is approaching once again the upper resisance trendline. However this does not mean that we will see an immediate correction of -50%; it is rather important to monitor price action and wait for the right opportunity.
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Keep your long term vision,
Philip (BasicTrading)
Nvidia - Earnings, Channel, $1.000!Hello Traders and Investors, today I will take a look at Nvidia .
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Explanation of my video analysis:
If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of +700% without any real correction, it is quite likely that we will see at least a short term bearish rejection from here.
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Keep your long term vision,
Philip (BasicTrading)
Nvidia - Another push higher from here?Hello Traders and Investors, today I will take a look at Nvidia .
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Explanation of my video analysis:
Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the upper resistance but we might see a retest of the psychological $1.000 level first and then a correction.
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Keep your long term vision,
Philip (BasicTrading)
Nvidia - Struggling at the highs!Hello Traders and Investors, today I will take a look at Nvidia.
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Explanation of my video analysis:
For more than 6 years Nvidia stock has been trading in a pretty obvious rising channel formation. At the moment Nvidia stock is actually retesting the upper resistance trendline. Considering that Nvidia stock also rallied 650% over the past couple of months, it is quite likely that we will see at least a short term correction towards the downside, retesting the previous all time high.
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Keep your long term vision,
Philip (BasicTrading)