NVIDIA to begin Correction phaseNVIDIA is a clear sell at this stage. at the brink of a significant timely price correction. Shortby mohammadtavakol1370443
NVDA indicates a bearish divergenceComparing the price action to the RSI 20 indicator we can see a bearish divergence forming. RSI is trending downward Price action is continues to trend upward during same time Gives indication that a reversal is becoming likely RSI still remains above 50 which is bullish indicator overall While NVDA has gone on tremendous tear lately we start to see signs of weakness in the price action and RSI. This does not mean its time to sell. I would recommend tightening up stop losses to protect against possible downside risk.Shortby ratchet-mint3
NVDAThe market showed signs of positivity as Powell spoke, but some observers sensed trouble brewing. It appears bears are eager to exert downward pressure. Let's hope for profitable opportunities through wise calls and a collective effort to buoy the market today.Shortby AmyThongbai3
New Delta Volume analysis on NVDAI welcome any and all criticism. I am by no means an expert. I noticed the new Volume Delta indicator and the fact that it shows a new way to look at volume and the pressure of buyers vs. sellers. I noticed for NVDA specifically, there is almost a support level for each buyer and seller pressure on a day to day basis. Meaning, on any given day the level of pressure by bears and by bulls typically hits a certain threshold and there is an equal price reaction. These roughly estimated levels are the horizontal blue lines on the VD indicator. I also watch 1-day RSI and confirm it's movement with 5-day RSI. My strategy is the following, wait until 1-day RSI shows overbought/oversold, use 5-day RSI to confirm this. Then use VD to confirm, for example, an overbought position is supported with unusually bullish pressure, assume a short intraday or intraweek correction and buy highly volatile short-term, right outside of the money puts... and the opposite is true for Bearish pressure and then buying the corresponding Calls.by harmel415222
Trade sideways before explore or double top and correct?NVDA may trade sideways OR form a double top. Double top scenario: if the price breaks below $840 support level, then likely that the stock will correct further down. Trade sideways scenario: If it doesn't break and start forming a third wave, most likely that it will continue to trade sideways until the next financial results in May. Then will pass the resistance level above $960. My current plan: Hold to see if it will break the support level. Otherwise cut loss. If it starts to form a third wave, consider topping up nearer the results season in preparation for the resistance breakout. by Dynamiac0
Short Term wedge for NVDA?... For short term traders only ... Trading on 4/3 will likely confirm a downward wedge in NVDA. If the wedge is correct, there will likely be a reversal early next week near support. Shortby rdf1005
NVDASupport did not hold against the downtrend; instead, the price rebounded back to resistance and pushed higher today. Bears should exercise caution as the trend appears to be changing. Longby AmyThongbai224
Nvidia - Entering a bear market!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 long term rising channel formation. We had the last retest of support in 2021 which was then followed by a +650% rally towards the upside. As we are speaking Nvidia stock is retesting the upper resistance of the channel and we might see a short term correction towards the downside to retest the previous all time high. -------- Keep your long term vision, Philip (BasicTrading)Editors' picks03:10by basictradingtv6464690
NVDAThe major supply level for NVDA stands at $893. I've recently closed my position to lock in profits and await the next opportunity. Currently, the price is positioned above the VWAP's yellow line and surpasses the red line of my POC indicator. Although the MACD still indicates a bearish trend, there are signs of a potential shift towards bullish territory with a looming crossover into the green. However, it's important to exercise caution for those considering long positions, as there's a possibility of market manipulation before the earnings report. It seems there's some manipulation at play, as the price remains stagnant around $884 without significant movement in either direction. My advice for now is to refrain from active trading and observe the market's dynamics until clearer signals emerge. by AmyThongbai444
Trend line support about to be tested. BullishGreen trend line support about to be tested by price. Stochastic (8,1,1) near oversold point at 20. Price above volatility stop. The only thing negative is the momentum negative divergence as seen on the charts Rsi and Macd indicators. Market geometry takes precedence so I will buy at the trend line and stop out if price closes below the trend line. The price may need one more up/down cycle before price breaks out to the upside. Ascending triangle measured move targets can be calculated from previous trend line support levels and current high breakout price. Measured move targets= 1286, 1475 Happy EasterLongby ArtWells0
$NVDA definitely will show a long. Depending on scenario, NASDAQ:NVDA will face continuing growing moving. Last years it was showing perfect results in the business raising as well as in the fields of finance outcomes. My expectations, that we can take about 100% during nearest year. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )Longby furoreggsUpdated 4
NVDARegarding NVDA, exercise caution today as there appears to be a concerted effort to lower the price. If contemplating a long position, exercise additional care. Despite attempts to raise the price, it has faced multiple rejections around $907. Today, they've managed to push it below $900. My subsequent target is $884. The price has touched the support level of $891.87 twice since Wednesday and once on Thursday. If it breaks this support today, it's likely that the level won't hold, leading to a decline to $884. Shortby AmyThongbai8820
Market Concentration and Systemic RiskMarket Data: In March 2024, a total of 9,095 tickers were traded. The top-traded ticker, NVDA, with a trading value of USD 1.098 trillion, accounted for a significant portion of overall activity. The top 5 tickers (NVDA, SPY, QQQ, TSLA, AMD) collectively represented 22.4% of the total trading value. The top 100 tickers (including 30 ETFs and 70 stocks) accounted for 55.22% of the total trading value. The top 200 tickers captured 65.53% of the total trading value. Does this concentration cause more risk or not? The concentration of trading among a small number of tickers can potentially increase systemic risk in the market. Here are some factors to consider: Market Liquidity: Concentration of trading in a few tickers can lead to liquidity issues, especially during periods of high volatility or market stress. If there is a sudden sell-off in one of the top-traded tickers, it may be challenging to execute trades at desired prices, leading to wider bid-ask spreads and increased transaction costs. Correlation Risk: When a few tickers dominate trading, their price movements may become highly correlated. This can increase systemic risk because if one of these tickers experiences a significant price decline, it may trigger sell-offs in other correlated tickers, leading to broader market declines. Market Manipulation: A high concentration in trading among a few tickers may attract market manipulation efforts. Traders or entities with large positions in these tickers may attempt to manipulate prices for their benefit, leading to distorted market prices and increased risk for other market participants. Diversification: Investors who hold portfolios concentrated in the top-traded tickers may face increased risk if those tickers underperform or experience adverse events. Diversification across different assets or sectors can help mitigate this risk by spreading exposure to individual ticker-specific factors. Regulatory Scrutiny: Regulators may closely monitor markets with a high concentration of trading volume among a few tickers to ensure fair and orderly trading. Any market manipulation or abusive trading practices may lead to regulatory intervention, which could further disrupt market stability. Overall, while the concentration of trading among a few tickers may provide profit opportunities, it also carries heightened risks that investors need to consider and manage effectively to maintain market stability and integrity. Additional Information: The data also reveals interesting insights into the top 10 tickers with the highest trading value to market capitalization ratio in March 2024. This highlights the potential for significant volatility in specific sectors, even for companies with a large market cap. Top 10 tickers with the highest Trading value to Market cap in March 2024: MARA: 482 % MSTR: 444 % SMCI: 312 % COIN: 125% AMD: 94 % TSLA: 59 % PLTR: 57 % MU: 51 % SNOW: 51 % NVDA: 48 % Educationby Moshkelgosha15
NVDA drop this week ??Will be interesting to see the price action on Monday and Tue. If a significant drop occurs, 870 might be a place for support if we can start to form a wedge. Shortby rdf100111
NDVA (SELL)NDVA on time to sell Because it went to high it need to pull back before it go up again.Shortby kimhou0962217
NVIDIA SLOWS TO UPWARD DIRECTIONas the price ranges accumulating new opportunities for new traders entering the market with optimistic for upward direction. we see prce doing a reversal to area 902 from all time higs of 975,we expect price to complete simple WXY elliot wave at 888 where we have a long setup in range positiion to the upward (bullish bias)Longby forex_forge3
NVIDIAThis is covering NVIDIA, it is very clear where is heading and and expecting drop soon. Shortby Skill-Knowledge-Conduct223
NVDA Long Long on Nvidia, 2 targets in the chart. Breakout of the resistanceLongby JesseVerlagoUpdated 8
How To Better Understand Me. Silence is GOLD!I am not here to entertain people for likes and followers. What does that mean? In other words, I will not sensationalize nothingness. That should clue you in that markets are pretty much dead. When I start posting, something is happening. it is that simple. ;)12:19by RealMacro2211
The fifth wave is left, then wait for the trend correctionDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi7916
Introducing Nvidia's Next Generation AI Hardware and Software OfNvidia has officially introduced its next generation AI hardware and software offering, setting a new standard in the industry. With cutting-edge technology and innovative solutions, Nvidia is paving the way for the future of artificial intelligence. This new offering promises to revolutionize the way we approach AI, providing faster, more efficient, and more powerful solutions than ever before. With Nvidia's state-of-the-art hardware and software, traders can expect increased performance, improved accuracy, and enhanced capabilities to stay ahead in the market. Now is the time to invest in Nvidia and take advantage of this groundbreaking technology. Don't miss out on the opportunity to be a part of the future of AI. Join us in long Nvidia today and be a part of the next generation of innovation. Longby bryandowningqln0
$NVDA to go over $1000 for blow off top?NVDA had a great reaction to earnings and I don't think the move is done yet. Over the next few weeks, I think we'll witness a monster move higher for NVDA. Once it surpasses the $855ish range, we should see a straight shot up above $1000. Think we're likely to top above $1050. I bought calls prior to earnings 3/8 $740C and some lotto tickets 3/8 $1050C. Let's see if we can get up there.Longby benjihyamUpdated 191936
$834 Next TargetNvidia is working it's way through a b-wave retracement and may get slightly higher before resuming it's downtrend towards $834 with a chance of tagging $753. Best to all, ChrisShortby maikisch8