NVDA Death CrossWhere's the bottom? If you have an idea, please answer in the replies...Shortby amazingwhirled0
NVDA: Week of AprilHappy Easter for those who celebrate and happy spring (though that was a while ago, but still snow on and off here in Canada :( ) NVDA has been really tired lately. The setup for Monday is the infamous gap and crap. From there we just need to see it hold the threshold and this wedge line its been straddling for weeks now and we can expect a grindy chop up. Else if it breaaks down from this wedge, it will still go up. Its broken down so many times only to get bought back up. That said, the weekly low targets are a real possibility with some large TF HA structures that support the move to these levels. Its just really hard to short when the S&P and NAZZZY Poo are just constantly breaking ATHs. They're essentially strong-arming NVDA (and many other stocks) and preventing it from actually tanking (you can tell NVDA is tired. The buying is not like it used to be). So we'll see. Otherwise, those my thoughts. For me, looking at shorts into Monday and longs the remainder of the week if the wedge is respected! Daily perspective of the wedge: Safe trades! by SteverstevesUpdated 141498
NVIDIA Corporation (NVDA) - Technical AnalysisNVIDIA Corporation's stock (NASDAQ: NVDA) exhibits a confluence of technical indicators suggesting a bearish sentiment in the near term. The technical analysis covers a range of oscillators and trend-following indicators alongside volume and momentum-based measures to forecast potential price trajectories. Price Action & Volume: NVDA's recent price action has seen a retreat from its all-time high of 997.27, now consolidating around the 858.20 level. The trading volume of 7.945M, while slightly elevated, does not indicate a significant departure from the average volume over 30 days (52.90M), potentially signaling a lack of conviction in the current downtrend. Ichimoku Cloud: The Ichimoku Cloud analysis reveals that the price has dipped below the Base Line (Kijun-Sen) at 893.95, which could act as a resistance level in the near term. Furthermore, the Conversion Line (Tenkan-Sen) at 904.09 is trending downwards, showing that the short-term momentum is bearish. The cloud spans suggest potential support in the region of 789.87, which could stabilize the downtrend. Moving Averages: The price is currently trading below the 9-day EMA, indicating short-term bearishness. The 50-day and 200-day moving averages suggest a bullish configuration; however, the price below these levels signifies a weakening trend. RSI & Stochastics: The Relative Strength Index (RSI) at 48.33 suggests that NVDA is neither overbought nor oversold, although it leans toward the lower end of the neutral range. The Stochastic Oscillator indicates a slight momentum rebound with a crossover at an oversold region, potentially flagging a short-term price recovery or consolidation. MACD: The Moving Average Convergence Divergence (MACD) histogram shows declining bullish momentum as evidenced by shorter bars and a MACD line that is descending below the signal line. This indicates that the bullish trend is losing strength and could possibly reverse. On-Balance Volume (OBV): The OBV indicator at 15.924B shows that the selling pressure has been increasing, which could be indicative of a continued downtrend if the volume doesn't shift to show increased buying interest. Speculative Price Targets: Given the confluence of bearish indicators, if the downtrend continues, NVDA could test the next support level at the lower bound of the Ichimoku cloud, around 789.87. On the flip side, any reversal with substantial volume could see NVDA challenging the resistance near the Base Line of the Ichimoku Cloud at approximately 893.95. A decisive break above this level could invalidate the bearish outlook and target the psychological level of 900, followed by the 50-day moving average as the next resistance zone. Conclusion: NVDA's current technical posture leans toward a bearish outlook in the short term. Traders should watch for a potential bounce off the Ichimoku Cloud's support or a reversal with significant volume to signal a change in trend. Caution is warranted as the mixed signals from volume and momentum indicators suggest a possible consolidation phase before the next significant move. Investors should remain vigilant for any breaking news or fundamental changes that could influence market sentiment and catalyze a shift in the price trajectory of NVDA.by AxiomEx110
Come to Daddy NvidiaI have long been warning that Nvidia was on a path to tag $834 for a while now, Followers of mine can search previous posts. I received a ton of criticism about my analysis...even ridicule at times. ...and here we are on the verge. My only question is do we get deeper into the target box? Best to all, Chrisby maikisch5510
Navigating Nvidia's VWAP Dynamics: A Trader's GuideNvidia (NVDA) Having surged higher during the first quarter of the year, Nvidia’s share price is currently in ‘mean reversion mode’. When it comes to measuring mean reversion, we can use traditional simple or exponential moving averages. We can see from Nvidia’s daily candle chart (below) that price has not yet reached the 50-day moving average which continues to slope upwards despite the recent sideways consolidation. However, a perhaps more insightful measure of mean reversion is to use volume weighted average price (VWAP) anchored to key inflection points. If we anchor a VWAP to the recent trend highs and anchor another VWAP to the lows of the last trend leg (21st Feb lows), a compelling picture emerges: Nvidia's share price is effectively 'funnelled' between these two VWAPs. This compression of price is also reflected in the swing highs and lows of the consolidation phase, forming a wedge pattern or flag formation. NVDA Daily Candle Chart Past performance is not a reliable indicator of future results Trading Strategies: In navigating Nvidia's VWAP dynamics, traders have several short-term strategies at their disposal: 1. Buying Breakout: A breakout and subsequent close above the VWAP funnel, accompanied by robust volume, could signify the continuation of Nvidia's upward trend. 2. Buying Support: Given Nvidia's established long-term uptrend, buying at support levels presents attractive risk/reward opportunities. Look for reversal candle patterns like bullish hammer or engulfing candles as triggers for buying support. 3. Shorting Breakdown: Conversely, a breakdown and close below the VWAP funnel might indicate the onset of a deeper retracement toward the 50-day moving average. Risk Management: Traders can employ Nvidia's Average True Range (ATR), currently at $35, as a baseline expectation for daily price movement. This should inform decisions regarding stop placement and price targets. Nvidia is scheduled to release its Q1 2025 earnings on Wednesday, May 22nd, 2024. Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.01% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. by Capitalcom1
BearishDouble top with both Bearish engulfing candles. Neckline break with Bearish engulfing candle... few consolidation and free fall is predicted.....Shortby TrendF0llowing337
nvdalooking at key support levels for NVidia if she brakes, she will bring the market down. by awakensoul_3691
VOLUME HOLLOW CANDLES - A REQUESTTrading View recently added Volume Candles as an Option. Volume candles provide very useful information in a very clear format. I currently use Hollow Candles because they convey additional information over traditional candles and bar charts, specifically, Hollow Candle color is determined by inter-day/period price movements, and intra-day price movements are depicted either Solid or Hollow. Traditional Candle color is determined by intra-day/period price movement, and there is no indication of inter-day movement. I would like to request that Trading View implement Volume Hollow Candles implemented. I am hopeful that the additional code that was necessary to implement Volume Candles could be added to Hollow Candles to provide Hollow Volume Candles. Even if it was relatively easy to do, it probably wouldn't happen unless there is significant member demand. The primary purpose of this post is to garner member support for VHC. I suspect that some members may not be aware of the advantages of Hollow Candles over Standard Candles. It took me a fair amount of effort to understand the difference, i.e., it wasn't obvious. As part of this call to arms, I have documented my understanding of the differences, and I would recommend having a closer look at Hollow Candles if you not already done so. by Gr8InvestorM8Updated 111
Fork in the road for NVDAThere are two ways we can go from here in my opinion. 866 is a point of support for us, if that gets broken we will absolutely test the 855 range. If that gets broken, 841-839 is our next stop. However I think if we close above the 866 support, we may see a climb to the upside to test resistance at 876, if that gets broken we may see 888 or 890 being tested.by scottymac4953
Short NVIDIA. Bear 🐻 flag forming. Bear 🐻 flag forming. Chances in favour of more breakdown. Downward price targets pointed out in descending order. If $840 is lost next 🎯 are $758 and $692Shortby JK_Market_Recap1
NVDA | NVIDIA Corporation | AI and such | 2 Buy zonesCurrently looking to buy Nvidia on both buy zones if price should reach them. Buy zone 1: - Confluence with the former ATH und Swing High of the previous move (blue line) - Partial gap fill (maybe fast move down to even fill the gap fully) - Close on top of the 50% of the current swing Buy zone 2: - Range that created the sharp movement up including the gap - Gap would be filled fully - Below 50% of the current swing Stop- Loss: None (Longterm play) Target: Slightly below big the High of the current swin Good luck Disclaimer: - This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor. - You trade entirely at your own risk - Make your own research - Finance and trading is evil, capitalism is bad, duh ;) Longby a_tale_of_bulls_and_bearsUpdated 6
NVDA:is the top in or $1000 nextNVDA go a little bounce on Friday from a little hidden bullish divergence in the MACD histogram. It also put in an inside bar, so, not a very good look at the moment. Right now, last Thursday's high and low will be the range to break. If this week price can break above $906, then the chance for making $1000 increases. Perhaps, that is what the company is looking for to maximize the stock split, or perhaps the market wants the magic number to unload. If $857 break down, then the EW count gets momentum. But to confirm that the downtrend has started or not, we need a full 5 wave sequence completed. Along with a breach of the long term trendline, it will be sell every bounce for NVDA for the foreseeable future. Cycle degree wave 4 can last for a few years. NVDA is going to be a bit difficult to trade in the short term, so, keeping an open mind and fast fingers will be crucial. by mukit12
NVIDIA CONSOLIDATION VS EXPANDING CHANNELEven though the price of NVDA has done a bearish breakout on the expanding channel, the price remains under pressure inside a consolidation zone. Here we must wait for the price to confirm another bearish breakout below the lower boundary to validate the bearish projection. Here I am expecting a downward shift back towards the key level held on the bottom. Shortby ChampsMoneyConcepts118
NVDA Nvidia Double Top If you haven`t bought NVDA before the previous earnings: Then it's important to note that technically, we're currently in a double top formation, which is one of the most bearish chart patterns. While I anticipate NVDA to rise by the year's end, it appears bearish for the next month.Shortby TopgOptionsUpdated 5
NVDA @ $880In this video we discuss Bitcoin Oil Nvidia Sadly we are in a bear market of stocks but with Bitcoin halving coming this gives investors hope for a better investment watch this video to learn more rocket boost this content -- Disclaimer: You will lose money from trading please learn risk management05:25by lubosi2
NVDA Short: 2 entry pointsI've drawn the potential Elliott Wave structure here. And now I have a short bias based on that. Now there are 2 possible entry points in NVDA: a potential right shoulder formation that will give us a limit short price, and a break down stop order price.Shortby yuchaosng4
NVIDIA vs BITCOINA small comparison between the fibonacci extensions of bitcoin and nvida, strange how the extension to 3,618 was reached by both exactly. To tell the truth, Nvidia doesn't seem to want to stop but it would be nice to have a nice crypto-style retracement to be able to let us who missed the boat get in tooShortby Glickwarlock2
NVIDIA SL 850 TO 1000 ENTER BETWEEN THIS LEVELS Dominance in AI and Software Solutions: NVIDIA stands out as a leader in software and AI solutions. Its technology is crucial for various applications, including AI training, autonomous driving, and the metaverse. The company’s strong position in these areas provides a solid foundation for growth1. Beat-and-Raise Potential: NVIDIA is expected to deliver a strong earnings report. Despite high demand for its artificial-intelligence hardware, the company may still outperform expectations. Analysts anticipate a beat-and-raise scenario, which could drive the stock price higher1. Long-Term Tailwinds: The secular trends favoring AI, autonomous driving, and the metaverse are long-term tailwinds for NVIDIA. As these technologies continue to evolve, NVIDIA’s revenue streams from software and AI solutions are likely to grow consistently1. Trade Strategy Entry Point: Consider entering the trade when NVIDIA’s stock price is around the current market price (approximately $434.86). Stop Loss: Set a stop loss at $850. If the stock price drops to this level, exit the position to limit losses. Take Profit: Aim for a take profit target of $1000. If the stock reaches this level, consider selling to lock in profits.Longby NYRUNSGLOBAL220
Nvidia Heads towards Long Held Target of $834I recently gave an explanation for b-waves that stated: Sometimes B-waves can be difficult to track as an Elliottition. B-waves, and wave 4's serve a very healthy, potentially complex, but totally rational role, in the advance or decline of price within a market place/security. They represent the competing viewpoints about the direction of a security and it is within these areas, market participants are willing to dedicate capital to see their perspectives come to fruition. Ultimately, we know they're wrong, because these pattern attributes are counter trend areas of consolidation, technical reset, etc. With our (b) wave completed, we can now turn our attention to the target box where the $834 should be visited on a minimal basis, with the outsized chance of $753 to get even deeper in the target box. From there, we'll make an assessment as to potential future price forecasts. Best to all, Chris by maikisch5
NVDA March 29, 2024: Can It Break To New High?NASDAQ:NVDA is THE leading chip stock during in AI-powered bull market. The stock is currently trading near its ATH and right at its MA-20. A break through the resistance to move into a new high would be an appropriate buy point.Longby longsonvnUpdated 113
NVDA longodds of progressing to the top of trend channel increase. super bullish stock, NVDA. all pullbacks are buy the dip set-up for nowLongby vayntraubinatorUpdated 8
Crash or correctionHistorically, when we pull into the lower zone, it’s pulled out of it very quickly. Personally I don’t think by any means we’ll see that recovery this week given the reason for the sudden drop. Whether it’s market manipulation or some hawkish fed comments. My personal stance is that we will see it hover in the 845-850 range and then see a push back to test the high. I don’t think our government would allow it to totally crash down to the 700 range, election year being the main reason.Longby scottymac495224
$NVDA Market leader finished NVDA bad trend signals, many more stocks like retail NYSE:ANF LSE:ALF TANKING. CASH is king! Shortby Silverbullet1212