Cup and handle forming?I see what could be the start of a cup and handle forming on many time frames. Watching for a pull back to the 690ish levels maybe lower and then breakout to the upside. Thoughts?by empire46536610
NVDA Repeat Pattern from July 2021NVDA Repeat Pattern from July 2021 In line with cryptocurrency 4 year cycles. NVDA 2015-2021Longby Onceuponad1m32
If you're not trimming(or selling)Nvidia here, you may be sorry I am not suggesting you short Nvidia yet as it has extended past normal fib resistance areas. If you have been following my posts on Nvidia, MSFT and the overall SPX500...it appears we have so many of the components and the index in the last squiggles of their respective wave 5's. I know the narrative about AI is exciting, and I cannot tell you what will change with respect to investor sentiment, but NVDA will be VERY soon completing it's wave 5. The next chronological retracement support area is $400-$500. Best to all, Chris by maikisch111118
Where Math Meets Financial Finesse The world of options trading often evokes images of fast-paced exchanges and high-stakes gambles. While a thrill exists, successful navigation requires more than just gut feeling. Here's where math steps in, playing a crucial role in transforming options from speculation to strategic maneuvers. Understanding the Underlying Magic: Options grant the right, but not the obligation, to buy or sell an asset at a specific price (strike price) by a certain date (expiration date). Their value fluctuates based on several factors, making them more complex than simply buying or selling stocks. This is where math enters the scene. The Pricing Equation: The Black-Scholes model, a cornerstone of options pricing, takes into account factors like the underlying asset's price, volatility, time to expiration, interest rates, and dividends. This complex formula helps determine the theoretical fair value of an option, providing a crucial starting point for traders. Beyond the Basics: But math doesn't stop there. Advanced concepts like the Greeks (Delta, Gamma, Vega, Theta) delve deeper into the option's sensitivity to various changes, allowing traders to assess risk, design complex strategies, and hedge their bets. Probabilities and Payoffs: Probability plays a central role in understanding the potential outcomes of different trades. By calculating the likelihood of various price movements within the timeframe, traders can estimate potential profits and losses, making informed decisions about risk management. The Power of Simulation: Modern tools like Monte Carlo simulations leverage computing power to model countless scenarios, factoring in historical data and volatility models. This probabilistic approach helps traders visualize potential outcomes and fine-tune their strategies. A Word of Caution: While math empowers informed decision-making, it's crucial to remember that markets are inherently unpredictable. No formula can guarantee success. Discipline, sound risk management, and a deep understanding of the market dynamics are equally important. In Conclusion: Options trading can be a powerful tool, but navigating its complexities requires a strong foundation in mathematics. From pricing models to risk analysis, mathematical concepts illuminate the options landscape, enabling traders to make informed decisions and potentially achieve their financial goals. However, remember, math is a tool, not a magic wand. Responsible trading practices and a healthy dose of caution are equally important ingredients for long-term success. Educationby Moshkelgosha10
$NVDA trade on 3 min chart, zoomed out.I essentially just looked at the first bear candle that closed above the 10ema. on $NVDA. I zoomed out on a 15M chart. I got stopped out once I put my spot above my entry. So I feel good but If i would have entered on the 3rd bear candle that moved slightly lower. I could have gotten my profit target for 1.2/3R. I not mad just upset the fact entry could have been tighter. Longby enthusiastichris112
NVDA watching $625-640: a Major Resistance on the way to $689NVDA is currently at a Major Resistance cluster from $625 into $640. Expecting a retrace or consolidation before uptrend continuation. Drag DOWN on the PRICE scale to see zones above current window. Bears might get a desperately needed short with movement. Bulls might expect a pullback to a green zone where to add. Break and retest of red zone for uptrend continuation entries. Next MAJOR target and possible TOP is Golden Genesis fib at $ 689.21 For reference, here is NVDA's Genesis Sequence (single fib series that has caught all major turns): by EuroMotifUpdated 4410
Nvidia Is Closing in on $700; Will the Stock See $1,000 This YeaYear to date, Nvidia (ticker: NVDA) is up by an eye-popping 38.0% and refreshed its all-time high at $697.54 yesterday! This follows last year’s near-240% rally. Needless to say, the US semiconductor company's share price (current: $678) is fast approaching $700 amid demand for AI chips. Interestingly, based on recent analysts’ forecasts for the stock, the average price target for the next 12 months has already been achieved (circa $682), with the estimate high coming in north of $1,000. Will NVDA Reach $1,000 or Beyond? Given the demand for AI at the moment, together with technology behemoths queuing up to get their hands on Nvidia's graphics processing units (GPUs), along with global demand for AI infrastructure poised to increase, the company’s share price could indeed continue to rally and reach/surpass $1,000. How long this will take is difficult to estimate. Some analysts forecast that the stock will reach $1,000 a share in the next two years, while others forecast less time. Technicals Highlight Demand While the higher rally has likely triggered a broad case of FOMO for many traders and investors, conservative traders will seek to buy dips at levels of technical significance. You may acknowledge that on the daily timeframe a demand zone recently formed at $606-$624 and yesterday finished in the shape of a bearish outside reversal candlestick formation. With the trend obviously leaning in favour of bulls, a correction that tests the limits of the above-noted demand zone could see dip-buyers step in and the stock refresh all-time highs. Longby FPMarkets2
Larger Degree Structure BullishThe reason the lines are massive font is because I will be drawing in smaller degree structure after I post this. Apparently tradingview members can't handle multiple lines on a chart lol. Lets get to it, NVDA Bullish af. *Target 1 = 570 by early Feb 2024 **Target 2 = 590 by mid Feb 2024 ***Target 3 = 660 by end of March 2024. This will be the top. After this completes we will begin a massive corrective cycle that could take years, so I'll be selling half at 570, the remaining half at 590, and then exit completely at 660. See my other post for near term expectation on price action (i.e. next couple weeks, also bullish).Longby JerryMandersUpdated 242426
NVDA Q1 24 ANALYSIS: BUBBLE BOY ???Im expecting a chain effect ill update later where my bullish reversal / price targets would be Hope you find this strategy to be extremely informative on how to pick big yielders by looking at the sub categories to the main topic that said im generally bearish on everything and bull runs like these do give chance for soft landings but at the same time when there is no resistance price will drop just as hard technical wise still havent spotted a good shorting confluence on NASDAQ:NVDA yet but its bound to present itself Shortby Bekiumuzi_DubeUpdated 9913
NVDA: Week of Feb 5May see a flash crash into Monday open, but the setup is still bullish, (I mean is there any other direction?) lol. Heikin ashi setup supports up movement, but the over-extension and broader market setup supports initial pullback. For NVDA that generally means an exaggerated panic sell followed by consolidation and bolting back up. Its unlikely to just continue up from this point, but its not impossible. I would err on the side of waiting for pullback before trying to long it. Ideal setup here is a move right to the low targets on Monday, at least PL1 and then you know what to do ;). Let's see what happens!by SteverstevesUpdated 26
NVDA crash incoming?Nvidia has previously gone up 1000% and then crashed 50%. Waiting for the support line to be broken to short., maybe until 1 on fibShortby urus8885
NVDA -looking for 740 and 800NVDA -Very strong support placed at 600 and 500 for target of 750 and 800 Good are of interest developed at these 2 levels Also flag breakout on charts. Stoploss - below 500Longby rahul1020305
Trading Options: Setups and Rules In a previous video, I explained my share trading strategy, specifically for choppy markets (available here): But many of you have asked about when I decide to take options over shares and what setups do I look for. This video covers my own option rules and setup guidelines. Key points from the video: Always wait for re-tests of support and resistance. Second is good, third is best! Always draw out intra-day trends via trendlines. This alerts you to changes in market condition. Confirm breakouts by marking re-test highs and re-test lows (explained in more detail in the video) Thanks for watching and as always, safe trades!Editors' picksEducation13:12by Steversteves55157
NVDA - Coming weeks will be corrective The best move for this finished imho. We should see a correction that ideally shouldn't exceed -10% from the high but it will be mostly time consuming, frustrating all late comers. So, if you're a short/medium term trader it's best to just take your profits and stay out of the market for the next few weeks or try your luck somewhere else in another group. If you're a long term investor, this doesn't change the bullish outlook for now. Just be aware that there probably won't be big up moves in the short term. by ElliottWaveBelgium114
📈🚀 Nvidia (NVDA) Update:Nvidia NASDAQ:NVDA target, expecting new highs. Driven by AI boom, stock rises 3.4% to $683.80 in premarket, potential $55 billion addition to market cap. New target of $800 implies 21% upside, reflecting optimism in NVDA's AI market position. 💹📈 #Nvidia #StockUpdate 🌐💰Longby Richtv_official442
Short Idea With Earnings coming after hours tomorrow NVDA Nvda broke a new ATH today which will ripple overall into tomorrows earnings. We hit our second Top which opens up the perfect short to $470 zone. Depending on market open i'm confident we'll get the perfect squeeze down as it's healthy pullback for it to continue to go up. $492 will be the first target it hints then $482 then comes $470Shortby calmstradesUpdated 212135
a weekly price action market recap and outlook - nvidia #2Good evening and i hope you are well. Last time i talked about Nvidia was 1 week ago and Nvidia at 610. Time to revisit and adjust. If you took the trade, you made about 51 points. I anticipated a much bigger and longer sideways to down move than we had but that is not important because i said buy and it was buy and it's still buy. So what's next for the stock? I still don't care if you are Jensen himself and you still think this stock is overbought. My guess would be that most Nvidia employees who are not c-level, sold their stock way below 600 and probably calculate their "loss" in missed gains on a daily/weekly level. Does that mean the stock will stop going up in a parabolic way or even down anytime soon? Guess . The thing about FOMO rallies is, no one knows where it will end and it can go so much higher and longer than anyone would have ever guessed. That does not mean it can't go the other direction for a quick 10% in a matter of hours as well. Why? One reason for this behavior could always be that most traders who are long in them, think this rally is a gift from the heavens and keep a tight stop. So if we get one big bear bar, we might as well get a couple or at least sideways movement. What more perfect occurence that the next earnings release is only 13 trading days away. Enough bearish talk. This stock is just going up and there is no reason why this can't continue for another 1-2 weeks. I have painted some rough targets above where some profit taking could occur. Big round numbers are always good for that. I have some calculated targets around 700. If market keeps giving, 800 is not out of the question and there is also a "complete insanity move" target at around 900 but if you bet on that... Don't know what to tell you. That's the hail mary throw of throws. short term: up medium-long term: I try hard to push any bias aside an focus only on the price action for this parabolic rally. It's unsustainable and will require some sort of correction the next weeks to months but when and how deep? No. One. Knows. So i won't pretend i do. You have to wait until it happens and then see how it unfolds to calculate targets. If you try to pick tops here, you are as good as broke. Have a great sundayLongby priceactiontds111
Nvidia to correct to $550As long as top is in, a possible support forms at $570-530 with confluence of Fibonacci levels, VWAP/Volume POC from base formed at $480 and rising 50D SMA.Shortby lethelex87Updated 4
Nvidia Monumental Divergence- Nvidia seems ready for a bigger retracement. --------------------------------------------------- Trading Parts --------------------------------------------------- Short Zone : 400$ ish ( Now ) TP1 : 275$ ish TP2 : 200$ ish --------------------------------------------------- - Stay S4fe! Happy Tr4Ding !Shortby thecryerUpdated 2210
NVIDIA more as a hedging instrument than an investment vehicleNVIDIA's stock: adhering to the principle that what ascends must eventually descend. I contend that NVIDIA can be equated to the modern Bitcoin, serving as a buffer against inflation amidst the swiftly growing AI bubble. This current AI boom parallels the dot-com era, advancing more rapidly than the inflation rate, which leads to its perception as a financial safe haven by asset managers. Specifically, Blackstone is transitioning its focus from physical assets, particularly commercial office real estate, to digital infrastructure, with a keen interest in data center real estate. As NVIDIA's stock prices soar at a pace far exceeding inflation, it indicates that investors may be leveraging NVIDIA shares more as a hedging instrument than a mere investment vehicle. Given this trend and based on my Fibonacci retracement analysis, a correction in NVIDIA's stock price to the $520 to $540 range could be imminent.Shortby Golfistry2
NVDA: Week of Jan 29So NVDA is in a bull pennant here. I am watching for a break up or down. A break up would also lead to a break out of the bullish condtion and signifiy a move to the upside. A break down would do the inverse. This is a pretty straight forward ish setup. Just watch for the break, if you want to be extra sure of confirmation wait for at least 3, 30 minute or 1 hour closes above the threshold. The thing with NVDA though is once it breaks, it generally moves quick haha. GLTA and as always, safe trades! by SteverstevesUpdated 121246
We're in the BoxSince starting coverage on NVDA in November of 2023 and forecasting a minimum high of $650 to as high as $706...I can now say we're in the topping box. In the next few weeks, as we finalize these last squiggles higher, I would advise to trim your positions by scaling out. The next intermediate move will be a larger degree decline. Best to all, Chrisby maikisch16
$NVDAminimum target of $704 $764 $847 based on % move of previous pumps elliot wave projection of W5 of W0 to W3 to the 38% to 61% extension on log chart also pay attention to google trends search for 'NVDA' at new ATH watch for daily and weekly volume to be significantly above average to signify the beginning of the end. ideal strategy is to sell what needs to be sold at $700 and start DCA (scale out) immediately over the next 4 weeks. also set a stoploss at white MA (20 Day SMA)Longby yomofoV1