NVDA would come down to around $600 and then again goes up from NVDA would come down to around $600 and then again goes up from Longby relevantMind205152
NVIDIA (NVDA) Slumps 10% Consecutively for 5 Days NVIDIA ( NASDAQ:NVDA ), a prominent AI technology firm, has experienced a significant 10% decline in its stock over the past five days, leading some to speculate that the company's AI bubble may be bursting. This downward trend could be indicative of a broader bear season in the AI ecosystem. One potential cause of NVIDIA's recent decline is the disruption of its business model. The company does not directly manufacture chips; instead, it designs semiconductors that are produced by the Taiwan Semiconductor Manufacturing Company. Some of NVIDIA's key clients, including Meta, Amazon, OpenAI, and Microsoft, have recently begun designing their own AI chips, resulting in a loss of market share for NVIDIA. Intel and Google have also recently launched competing AI chips, including Gaudi 3 and Axion, further threatening NVIDIA's position in the market. Despite these challenges, some analysts argue that the AI bubble has not yet burst. Bryan Beal, a top business executive, has suggested that NVIDIA's recent decline is not indicative of broader market trends. Rather, it is a reflection of the company's specific challenges. Moreover, NVIDIA's market capitalization, which reached $2 trillion in February 2024, remains higher than that of Alphabet and Amazon, making it the third-most valuable firm in the United States. However, the recent economic data and inflation reports have caused markets and policymakers to lower their expectations for interest rate cuts, which has in turn caused tech stocks, including NVIDIA ( NASDAQ:NVDA ), to waver. At present, NVIDIA's stock is trading at $762 on Nasdaq, having experienced a 10% decline in the last 24 hours and a decline of over 14% over the past five days. Overall, while NVIDIA ( NASDAQ:NVDA ) may be facing challenges in its AI business, it is still a major player in the market and is likely to continue to play an important role in the development of AI technology.Shortby DEXWireNews2
Major Nvidia Sell SignalThe breakdown action of NVDA on 04/18/24 and 04/19/24 could have long-term consequences. Monthly RSI has a bearish cross of its moving average line. Also Monthly Stochastic has bearish lines cross. These signals have not occurred since December 2021. Subsequently NVDA decline 69% from its November 2021 top. If NVDA now has a similar decline it could fall to the low 300 area. Shortby markrivest3315
$NVDA another PMG short opportunity to 525 ! Be Water My Friend.NASDAQ:NVDA is looking poised for a PMG phenomenon not to be missed. Short sellers will be jumping on bad sentiment to hunt for Low of each candle. That is the STRAT methodology! It works. Bears do all the easy money earning 3 to 5x faster than a Bull! But not easy to short.Shortby Silverbullet1213
NVDA point of MSTR development. Matching the MSTR pre movementNVDA point of MSTR development. Matching the MSTR pre movement to the NVDA post movement.by FederalXBT0
NVIDIA April 24Nvidia, do your own M M Targeting Discount 50% fib ( 684 ) & 61.8 fib ( 615 )from LastLow 393 ~ HigherHigh 975 Buy plan, Purple -Range 725 ~ 663 -Fomo : buy at 1st touch -Safety but possible too late: buy at 2nd touch purple box or wait confirmation technical / news try to get the Avg holding at 700 or under, as long as the price D1 closed bellow 787 Escape plan, Blue -Avg Down, Range 628~600 to get Avg price under 690 -Cutloss / Partial sell : Nearest SBR base at 690 -2nd option, put into your Invest account, as long as the price W1 closed above 500, its still good for long term. Target Plan, Green-Purple -Head of HH range: 897~975 -To continue up trend , W1 need to closed above 975. No retrace if the NVIDIA boosted by news. Otherwise Buy price Avg Up could be at 930. And keep the Avg holding price under 833 when doing avg up Longby Raiden_R1
nVIDIA Important Key LevelsnVIDIA Important Key Levels 683-752/711-827 -- Next important trading Range by XDataAnalyst1
🩸 $NVDA The pain has started. Bounce or more breakdown?NVIDIA hovering on $758 support. Right as we predicted, tide has switched fast and furious downwards. Mapped out in Blue line where we predict prices to go with price targetsShortby JK_Market_Recap3
NVDA: Week of April 15And finally, NVDA. Setup is beraish on the 4 hour, with the immediate point being the yellow line in the chart. We usually overshoot these Heikin ashi setup targets so look to the calculate low targets starting at 849. I was thinking we would fall back down into the gap support and then break below it (the purple box), however, owning to that over-zealous squeeze on Thursday, the gap is well below the calculate targets and lately NVDA doesn't really go lower than the third calculated low. So I have doubts we will see a move back to the gap range absent any major catalyst next week, but it is a real possibility so just keep an eye on that area if we do indeed sell. NVDA already fell below the bearish condition in post-market on Friday. So unless we see some crazy gap ups, we should open below it. I was going to run time series forecast on NVDA to help identify the longer picture but haven't had a chance. And was also going to check insider activity but the same applies, haven't had the opportunity yet. As I have indicated in other previous ideas, the setup on the week is extremely damning putting our min target sub 700. Whether or not it saves this for a larger market correction or does it over the course of weeks to months, I am not sure. NVDA is a bit of a market follower, so if the market finishes its pullback before NVDA snags its sub 700s then I would haphazard a guess that it will get pulled back up. I just take NVDA day by day, week by week and I think its probably the best move for right now. Safe trades everyone! by SteverstevesUpdated 161668
NVDA - SHORT TERM - Buy AreasI think we have a little ways to go, next liquidity zone. Box is where im going for calls. I will leverege in heavy at 433.80 area, Heavier at 722 50% retrace. Today was crazy... Longby Smart_Money_Cpyder3
Nvidia Bigger PictureYES, #Nvidia still in an uptrend on higher time frames. A roll over always starts from the smaller time frames & can cascade to the higher ones if the extend for long periods of time. Very early. Probably why there is still so much complacency, ther is no urgency right now.by Badcharts4
$NVDA - $300 First Price Target at GapStock is overbought and is overextended. There is a major gap at the $300 level that will need to be filled. Semiconductors have also always been cyclical, and have seen major drawdown on their stock every cycle after major run ups. Shortby TheTradingStar446
$NVDA slumps as AI hype cools down, Price target :$734 and southThe hype of AI is finally cooling down and the big pump and dump, usually seen in crypto market, is happening on $NVDA. The market went crazy over this stock as NASDAQ:NVDA seems promising with it's GPU and hardware that are quintessential for AI. Now, Investors wants to secure their gain amidst the precarious times of war and election. Fed's policy to keep interest rate as it is signals the inflation isn't tamed. Thus NASDAQ:NVDA will keep falling, Short term Price target : $734 - $677, Medium term Price: $600-$500. This is not a financial advice. Shortby dauliyabishow1
Nvidia Massive Break of SupportJust one week ago NVDA looked like it could reach 1,000. Todays massive break of support now makes it more likely to reach 500. Only one Stochastic line has reached the overbought zone. RSI is above the oversold zone. Shortby markrivest778
NVIDIA SHORT NVIDIA SELL ENTRY - $840 CURRENT PRICE - $762 #SPY500 #NAS100 are looking weak at the moment obv trending down Shortby SpecuVisionary0
Typical bubble chart - how high will they pumpTypical bubble chart, will be interesting how far they pump it. Will drop like a stone anyway at some point.by T-r-XUpdated 141412
$NVDA - Where can it go?NASDAQ:NVDA (NVIDIA) Finally, the double top did it in! It is on the edge of the gap that was left behind after the last earnings report (ER). It would be a good entry if it drops to the 50% Fibonacci retracement and fills the gap. With the RSI (Relative Strength Index) being close to oversold, I am not sure if it will fully close the gap. The full measured move of the double top is the $720 area. So, I am watching that area for any signs of stabilization.by PaperBozz0
Monthly RSI Divergence confirmed for $NASDAQ:NVDA NASDAQ:NVDA I made a post about 6-7 weeks ago highlighting the potential for a triple bearish divergence on the monthly RSI for NVDA. The RSI has now rolled over in coordination with the trend line I had drawn back in February. The selling pressure we are seeing coming into this weekly candle close is further confirmation that this chart can pull back much further as we have seen in previous corrections. There is still a lot of room to go to the downside and a lot of profit potential in buying long term puts for this stock. The put options I accumulated in the past 6 weeks are in profit, but I am looking for much lower prices to come. Keep in mind, due to the rapid expansion this chart has seen, a 50-70% pullback could actually still be apart of a multi-year macro uptrend (note the previous corrections were still higher lows). Shortby crypto4770
$NVDA puts Clear bearish divergence on the monthly timeframe. I expect this correction to be much deeper than the previous two which are shown. I will be watching the monthly close next week for confirmation. Shortby crypto477Updated 232346
NVDA | SHORT NASDAQ:NVDA Possible Scenario: SHORT Evidence: The asset has moved outside of the Keltner channel on a monthly timeframe and is overbought across all timeframes. We are currently in the AI Bubble Era, with the economy facing potential challenges such as the possibility of a debt crash, a commercial real estate crash, or a regional banks crash, among others. Target Prices: TP1: $600 TP2: $400 TP3: $270 A 70 to 90 percent retracement is not an unusual scenario when a bubble bursts, similar to what occurred with many companies during the dot-com bubble. Conclusion: The stock market is at risk of collapsing due to the AI bubble. Shortby shksprUpdated 222
Nvidia - Struggling at the highs!Hello Traders and Investors, today I will take a look at Nvidia. -------- 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. -------- Keep your long term vision, Philip (BasicTrading)03:27by basictradingtvUpdated 111149
This is probably a spot where NVDA cools offNvda likes that 200 week moving average, i wouldn't be buying when it's trading this far away from it. Look for these two to meet in the future (no it won't be tomorrow...) Shortby MaustyUpdated 12
beginning of creationExtremely high volume bearish engulfing candlestick is meaningful I tell you that big player is sell big lot from Elliot wave theory this might begin 4wave correction also if you check insider trading tracking you will see that insider sold almost all of their stock share insider now own only 4% of NVDA so this is good place to short with at least 2RRShortby tofinseUpdated 222