NVDA Bearish Bat PatternCurrently in holding pattern to see if entry is a go... targets found. 4HShortby Bwinks0
Nvidia Q1 25 earnings preview – will the Kraken awake?Due to report shortly after market close on 22 May (typically 06:20 AEST / 21:20 UK). “The most important stock in the world” - That was the label given to Nvidia (NVDA) throughout February as we geared up for its highly anticipated Q424 earnings results. Where, at the time, the sheer number of articles written on the stock was incredible – when you are a momentum stock, you need this sort of attention to fuel the beast. Since March though the hype has settled, and we see reduced news flow. In fact, we’re seeing an increasing number of articles directing traders away from Nvidia and towards other smaller names in the AI-semi space that could potentially see explosive moves. With the momentum in NVDA falling away since Nvidia’s last earnings, and with Nvidia lacking a near-term catalyst, amid some concern of an over-supplied chips market, market players have moved their attention towards quality defensive areas of the equity market and value as an investment factor, with utilities, energy, and materials all seeing strong outperformance of late vs the S&P500. We can also see this lack of momentum in NVDA’s technical set-up and price action, with shares rallying in a $205 range between $947 to $756, and now finding a fair value around $900. Traders remain buyers of pullbacks, where the trigger for long positions seems to be when the shares fall 10% below the 50-day moving average. Nvidia may not be the hot topic it was in February, is that about to change? For a short period, absolutely, with the eyes of the trading world falling once again on NVDA’s quarterly earnings. The options market is pricing a -/+8.9% on the first day of trade after earnings (i.e. the 23 May), which if priced correctly, from current levels, could see the stock trade into new all-time highs or see it closer to $820. With a current market capitalization of $2.260t, an 8.9% move would equate to $200b in gained/lost market cap in one day, which would essentially be larger than the market cap of 82 companies in the NAS100. We can also go back over the past 8 quarterly earnings announcements and that Nvidia has seen an average move of 8.5% on the day of reporting, with shares closing higher in 6 of the past 8 quarters. Many will recall the Q424 earnings (reported in February), where the share price closed +16.4% on the day and went on to rally a further 23.4% over the following 11 trading sessions. Earnings pedigree – few do it better Let’s not forget that few companies globally have NVDA’s form at beating analysts’ consensus expectations on earnings-per-share (EPS), revenue, or gross margins. Perhaps the bar is perennially set too low, but NVDA has beaten expectations for revenue for the reporting quarter, as well as on expectations for the upcoming quarter, on all but two occasions since 2018: Q32019 and Q2 2023 being the exceptions. In the past 4 quarterly earnings reports, NVDA has beaten guidance on sales for the upcoming quarter by an average of 14% - remarkable form, especially when they have a CEO (Jensen Huang) who knows how to hit the sweet spot and say exactly what investors want to hear in the post-earnings conference call. Earnings expectations for Q1 2025 – will they beat yet again? Q125 EPS – $5.51 (Q2 25 guidance expectations - $5.96c) Q125 revenue - $24.58b (Q2 25 guidance expectations - $26.617b) Data centres revenue - $20.903b (Q2 25 expectations - $22.567b) Gross Margins – 77.01% (Q2 25 guidance expectations - 75.61%) Recall in the prior earnings call CEO Jensen Huang suggested AI was at ‘a tipping point, which was a big topic of discussion. Given that NVDA only recently held its GTC conference in March and explored the future across multiple touch points, this time around traders will react on news that isn’t already discounted into the stock - growth opportunities, maintain its monopolistic qualities, levels of capex, and future partnerships. Traders have found opportunities outside of AI-related semi and while many feel Nvidia lacks a near-term catalyst, the element of surprise is always there. The idea of ‘as goes Nvidia, as goes the market’ has dissipated, but it could make a return – and with big movement expected, this is a key event for equity and index CFD traders to have on the radar. Editors' picksby Pepperstone3535149
NVDA Intraday Levels - 13th May 2024 Sorry for not adding details about the levels .. Please check the levels on chart. Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkarUpdated 1
It's so over!Today when US markets open I am planning on taking a large swing put position in NVDA with various deep OTM strikes. Here's the complete case for a NVDA top having been made and the start of a massive mean reversion. For a while I've had the 1,000 area marked out as an important level for NVDA. Not based on it being a psychological level (Tbh, I feel they spike out more than they hold) but because a confluence of other factors put the resistance in this area. Started talking about the NVDA rally to 1,000 area around 500. With further follow ups saying I think we'd see a massive drop if and when this level was met. More recently I've made posts discussing the macro bear setups we have in AI across the board. Many of these stocks are significantly down now. The NVDA chart does not look immediately bearish from many perspectives, I am sure, but this range like action has formed in a sequence of lower lows and, so far, lower highs. This is similar to the various different dynamics I recently spoke about in the possible BTC top. All of the major concepts mentioned here are transferable to the NVDA chart. The case for a resistance zone in this area is really good for NVDA. What we need from here is an entry trigger for the short. We can use the 76 correction strategy for both our entry and stop loss. All we need then is a targeting method. We can do this by drawing a fib extension from the low to the high of the previous drop and looking for supports 2.20 - 2.61. This would forecast NVDA back down to under 500. Stop losses above the high. Since this is a bearish Elliot wave analysis, for it to be valid the high would have to be in. Shortby holeyprofitUpdated 414185
The Dot-AI BubbleSpeculative bubbles excite traders and investors alike. NVDA is the absolute winner of the AI craze. Craze is the sentiment of the market cycle peak. After craze and euphoria, fear and denial will inevitably flood our minds. It is nothing more than the never-ending cycle of the economy. A simple line drawn on a chart spells the ultimate demise for speculation. NVDA is making all-time-highs. Its performance/momentum however is showing alarming signs of weakness. Beware. Not all is as it seems. The very nature of a Bubble is that it defies all measurable mathematics. NVDA wants more. It wants everything. Just like any other corporation would. For capitalism, more equals more. NVDA aims to swallow the entire money supply. Improbable as it may seem, physics theoretically allows that. Divergence is one of the most misunderstood concepts in analysis. Divergence is not describing a future weakness. It describes the current weakness. NVDA is moving so fast, that its bear market is itself growing exponentially. If NVDA is now moving slower now than it was in 2015-2018, how fast is it trying to go? NVDA remembers the explosiveness of that period, and is trying everything to repeat it. Prices and investors have memory. Both however forget the well-known saying. Past performance does not guarantee future performance. This is the Achilles' heel of prices. They promise what they cannot deliver. Price will reach as high as possible, for as long as there is a willing buyer to take the bait. For capitalism, more is better, at all costs. The ultimate cost will certainly be paid. The last buyer will be the last NVDA bear who will give-in the mania. And that will mark the end. Tread lightly, for this is hallowed ground. -Father Grigoriby akikostasUpdated 151552
Analyst adjusts Nvidia stock price target ahead of earningsNvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Wikipedia CEO: Jensen Huang (Apr 5, 1993–) Founded: April 1993 Founders: Jensen Huang, Chris Malachowsky, Curtis Priem Headquarters: Santa Clara, California, United States Number of employees: 29,600 (2024) Revenue: 60.92 billion USD (2024) The Santa Clara, Calif., chip giant has pretty much become synonymous with the artificial intelligence revolution. Nvidia makes graphics-processing units, or GPUs, which play a crucial role in AI. The company's shares have tripled over the past year, giving it a market capitalization of $2.27 trillion. Chief Executive Jensen Huang, who co-founded the company at a Denny's restaurant in San Jose in 1993, was named to Time magazine's list of the 100 most influential people of 2024. Nvidia's next-generation AI chip, the R-series/R100, will reportedly enter into mass production in fourth-quarter 2025, according to analyst Ming-Chi Kuo, and will focus on improving power consumption and enhancing AI computing power.Longby mustaqim.mazuky2
An Analysis of NVIDIA's Performance TrendsAn Analysis of NVIDIA's Performance Trends NVIDIA's stock performance has been dynamic, with fluctuating short and mid-term indicators shaping its trajectory. In the short term, indicators peaked on March 8th, followed by notable dates on March 26th and April 12th, suggesting periods of heightened activity or volatility. Mid-term indicators, however, portray a different picture. On April 24th, NVIDIA reached a low point of 777, but has since been on an upward trend, signaling a potential breakthrough past the 1000 mark in the near future. This blend of short-term spikes and mid-term resilience underscores NVIDIA's volatility amid broader market dynamics, while also hinting at its potential for sustained growth. Investors may find opportunities in both short-term fluctuations and the promising mid-term outlook of this tech giant.Longby chenweiqi2
(Warning) $NVDA Death DOJI Setup 618My Plan: Calls > 920.40 I Puts < 884.48 We PAUSED on the major Fibonacci level this is the BEARS ATTEMPT to prevent All Time High I plan to AUTOMATE with my options trick by tradingwarzone3
Could NVDA fly to 1050+ soon ?From my perspective, NASDAQ:NVDA NVDA working on wave 5 right now and it could fly to 1050+. Lets see what will happen before its ER. by ioalmadani5
NVDA - Eying demand zoneLets get a push down for some liquidity and head higher yeah? Mkay.Longby Smart_Money_Cpyder112
🚀💻 Nvidia (NVDA) Analysis 📈🔍Market Overview: Nvidia's NASDAQ:NVDA recent rally has bolstered bullish confidence, driven by anticipated revenue and profit growth, and positive analyst outlooks, particularly from Goldman Sachs. The company's leading position in the AI-powered GPU sector further contributes to positive sentiment, with potential for continued uptrend supported by upcoming earnings reports. Analyst Projections: Goldman Sachs' raised target price of $1,100 per share reflects market optimism, fueled by revenue growth forecasts to $110 billion by 2025 and 8% annual profit growth through 2027. Investment Outlook: Long-Term Breakout: Investors are eyeing a potential long-term break above the $1,000 mark, aiming for sustained momentum beyond historical highs. Risk Awareness: A break below the current upward trend line could disrupt the bullish scenario, leading to sideways movement or attempts to push the price lower. 📊🔍 Stay vigilant for signs of trend reversal or corrective movements while monitoring Nvidia's performance! #Nvidia #StockAnalysis 📉🚀Longby Richtv_official1
NVDA consolidation in Summer 2024NVDA is going to consolidate for at least 3 more months before its next rallyby InvestmentLoser225
NVDA Bear Flag SetupPretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to shortShort04:32by Mustangsvt281Updated 363679
Nvidia - Another push higher from here?Hello Traders and Investors, today I will take a look at Nvidia . -------- 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. -------- Keep your long term vision, Philip (BasicTrading)Long02:17by basictradingtv2227
📉 BEARS vs BULLS, Market Psychology, Basics & How To TradeThere are always two sides to every coin, heads or tails; and there are always two sides to every chart, bearish and bullish. Here we are going to be looking at the signals for the NVDA stock on both sides. Nvidia was already a massive company thanks to its chips and cards but with the advent of Cryptocurrency it become #1. Now we have this situation where the stock, Bitcoin and related markets became linked. Since people use the chips produced by this company in relation to Bitcoin (mining), when Bitcoin drops, the stock tends to drop. Nvidia has been on a very long growth trajectory and a correction can develop anytime. Growth can also continue. The chart here gives us signals... The chart is never right or wrong. The signals can't be right or wrong. It is data, information; a tool. We can use it in whatever way we think is good. While the chart can't be wrong, it is not the same for us, we can make mistakes. How successful we are making predictions will depend on the interpretation we give to these signals, let me give you an example: We have three weeks red here... (Keep reading the example after the signals below!) 👉 BEARS ➖ The highest volume happened in August 2023. ➖ The All-Time High session in March 2024 closed as an inverted Hammer; a strong bearish signal. ➖ There is a second Hammer candlestick pattern in March and both these hammers, inverted and standard, have less volume than the Aug. '23 session. This means that the bulls are losing strength (declining volume). ➖ Three consecutive weeks red. After seeing these initial bearish signals, going three weeks red support a bearish bias. This is the bearish potential of the chart revealed. 👉 BULLS ➖ NVIDIA is an massive uptrend. ➖ The RSI is strong but has been declining for almost a month (since March). ➖ Trading above EMA10. ➖ Very strong Cryptocurrency market. We have three weeks closing red but this does not mean that NVDA will necessarily continue lower but it is indeed a very bad signal when combined with those mentioned above. So even though we have this bearish signal, the truth is that Nvidia has been growing and it keeps on growing and it remains bullish with a strong RSI, high volume, etc. So, what to do? How to trade? Very easy: (1) If prices move below support, the bearish bias becomes stronger. (2) If prices move above resistance, the bullish bias becomes stronger. (3) When in between, the projection remains within the previous trend. (4) When in between, we can look for signals to spot if the asset will move with the bears or the bulls. We use the signals to plan our decisions. The decisions we make define our trades. If market conditions change, we adapt and also change. Namaste.by AlanSantanaUpdated 4447
NVDA Elliot Possibility There's a lot of speculation NVDA is overextended and, well I can see their point. But maybe through the last years we have had waves 1 and 2 of Elliot. Which would mean we're in wave 3 and in wave 3 "Overextended" does not really exist. A super consistent trend is what is the norm. Wave 3's are incredibly easy trends to follow but a lot of the time in wave 3 people spend more time trying to call the top than follow the trend. If we're in the Elliot waves, NVDA has a lot more pain to bring to those who want to bet against it. Longby holeyprofitUpdated 19
Nvidia's on the clockIs it possible Nvidia can muster the strength to get my final higher target of $927? Possibly. But time is running out for the chip/GPU maker. A breach of the $880 level makes that highly unlikely, and that could be our initial sign we're now headed to the $700 area. Nonetheless, even if we do manage to get that OMH (One More High)...I still have price visiting the $700 area or lower. Best to all, Chrisby maikisch3313
NVDA 1600 this year possiblyI believe NVDA in 2024 is TSLA in 2020. I'm betting on this through SMH and NVDA. nfa - trace data shows possibilities. Longby sully3570
Nvidia Elliot Wave AnalysisNvidia on hourly candles respecting elliot impulse wave pattern for year 2024. Wave 2 was a classic 3 wave elliot correction wave pattern. This then breaks into wave 3 and is respecting a very tight channel upwards. Expecting 1000+, back to 900s, then price target of 1100+ post July. Heavy chop in wave 3 due to broader market uncertainties and pressures. This stock trades with higher volatilities than others with its market cap. Trade weeklies with caution. Good long if you're 1yr+ long or 6M+ long option calls. My personal take: Nvidia will be the world's first 10T dollar company by 2027 and will be the world's most powerful and sought after company. Their technologies will ensure continued world peace (including in taiwan) and will be an industry leader for the next quarter century. Only invest money you can afford to lose, not investment advice. Goodluck everyone. *disclaimer: I have a May 17 955C position. Longby JKOMOR117
Trend Definition: NVDA ExampleUptrend Rules Strong : Second closing candle above the high of the first breakout candle. Semi-strong : Price reaches above the high of the breakout candle at any point. Weak : The second candle post-breakout closes above the 34 EMA (high) of the breakout candle. Downtrend Rules Strong : Two consecutive candle closes below the 34 EMA (Low). This does not consider the relative levels of these closes, only that both are below the 34 EMA (Low). Semi-strong : Price drops below the low of the first breakdown candle at any point. Weak : A second candle closes below the low of the first breaking candle, establishing lower lows. Educationby cch31Updated 6
NVDIA Next pull-back will be the one to buy.NVDIA Corporation (NVDA) has been going exactly as planned since our latest update (February 16, see chart below) and looks very promising to hit the 1150 Target: On the shorter term, the 1D time-frame, we see one last buy opportunity arising for those who missed our earlier buy call. Based on the (-21.66%) symmetry of the current correction with that of August - October 2023, we expect NVDIA to make another pull-back below the 1D MA50 (blue trend-line), which should be its last before the new Bullish Leg of the Channel Up pattern begins. See how similar even the 1D RSI fractals are. Our Target remains $1150. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot6650
Elliott Wave Expects New All Time High in Nvidia (NVDA)Short Term Elliott Wave View on Nvidia (NVDA) suggests the stock ended correction on 4.20.2024 at 756.06. From there, the stock starts a new impulsive rally. Up from 4.20.2024, wave 1 ended at 846.07 and pullback in wave 2 ended at 776.80. The stock extends higher in wave 3 towards 887 and dips in wave 4 ended at 852.66. FInal leg wave 5 ended at 888.19 which completed wave (1) in higher degree. The stock then pullback in wave (2) with internal subdivision as a zigzag Elliott Wave structure. The stock has resumed higher in wave (3). Up from wave (2), wave ((i)) ended at 860 and dips in wave ((ii)) ended at 823. The stock then nested higher with wave (i) ended at 856.6 and pullback in wave (ii) ended at 832. Wave i of (iii) ended at 866.84 and dips in wave ii of (iii) ended at 859.17. Stock resumed higher in wave iii of (iii) towards 922.2 and pullback in wave iv of (iii) ended at 910.31. Expect the stock to extend higher 1 more leg to end wave v of (iii). Afterwards, it should pullback in wave (iv) to correct cycle from 5.2.2024 low before it resumes higher again. Near term, as far as pivot at 812.4 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast1
$NVDA: Climatic top for parabolic price action Immediate negative outlook for NASDAQ:NVDA with:- #1 the bearish engulfing candle, #2 accumulated volume hitting 1.9x standard deviation implying a climatic topping, #3 +4x standard deviation on the daily MACD and +5.3x standard deviation on the weekly MACD. Taken together, this looks like a climatic topping act NASDAQ:NVDA ion for a parabolic surge. Shortby WellTrainedMonkeyUpdated 996