Ascending Triangle forming on NVDALooking pretty bullish here, waiting for a break out on either side.Longby supamichy6615
NVIDIA - The top; lets the great Short beginHappy 2024 dragon year! This is the year of China, when they will most certainly reclaim their world stage position- aka take Taiwan back. I predict that when military action will begin NVIDIA stocks will fall.Shortby aialchemistUpdated 2215
NVDIA targeting $1150 before a correction.Arguably one of the hottest (if not the hottest) stock in 2023 has been NVDIA Corporation (NVDA), currently sitting at roughly + 570% from its October 2022 market bottom. Our December 18 2023 long (see chart below) hit its target, with the price even soaring higher: The question is, will it keep rising or finally give way to a proper correction or at best consolidation? Based on the vastly overbought 1W RSI (84.00), we are approaching levels of May 2022, which gave way to July's consolidation. That consolidation however (July - December 2023) is identical to those of September 2020 - March 2021 and January - April 2017. All three consolidation phases took place in the middle of a Channel Up, broke below the 1D MA100 (red trend-line) but found Support and rebounded on the 1W MA50 (blue trend-line). Note that between all Channel Up patterns a strong correction took place that reached as low as the 1W MA200 (orange trend-line). The correction phase was confirmed only after the price broke below the 1W MA50. As a result, as long as the 1D MA100 holds and closes all 1W candles above it (or at worst the 1W MA50), we expect NVDIA to hit at least $1150, which would represent a rise marginally below +207.00% from the consolidation's bottom. As you can see on the chart, the previous 2 Channel Up patterns, peaked on the same % range (+207% and +210%) from their respective consolidations. ------------------------------------------------------------------------------- ** 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 TradingShot3351
Nvidia has run to hard?Nvidia In the last 5 weeks, Nvidia's shareprice has run 45% From a pure technical perspective: 1. Shareprice is 37% above its 20 week moving average (black line). 2. Shareprice is far outside of its bollinger bands, thus, extremely overbaught. 3. The current week candle looks like a doji candle, which indicates indecision. 4. The sequential count is currently on a perfected SELL 9 count candle. High probability indicates to a shareprice that has run to hard and which is ready for either a pullback or consolidation. IF we get a pullback in the Nvidia shareprice, expect the Nasdaq to follow, as Nvidia sentiment is what currently drives the index higher. by chsmit0
1200 soon? Are we in the climax zone?We all know we are in AI bull market. But for how long and how much more? If we can learn anything from history, this stock can hit 1200-1300 range with in 6 months. The last leg of the bull market is always exponential before it crashes hard. by babu_trader5
Nvidia at resistanceNVidia has reached the line linking the lows since 2022. It is also showing some negative divergence on the momentum RSI-5 indicator. Would be expecting a pullback towards at least the $600 area, even maybe the $505 area. A break above the recent high near $750 would invalidate this view.Shortby powerintegralUpdated 8815
Nvidia Q424 preview – this needs to be on everyone risk radar Whether trading equity, equity indices or even FX, Nvidia’s Q424 earnings (due after-market on 21 Feb) should be firmly on the risk radar. Markets could come alive with movement and traders may need to dynamically react. How the Nvidia share price reacts immediately after its earnings results and CEO Jensen Huang’s guidance could have far-reaching implications - not just for those holding exposures in Nvidia equity CFDs - but for those with open positions in NAS100 and US500, and even risk FX, such as AUD, NZD, and NOK. Nvidia is a true market darling – it hits the sweet spot in A.I revolution, which may not be a completely new theme, but given the sheer rate of change in the evolution market participants still have very low conviction when it comes to forecasting future cash flows. This inability to price certainty only increases the volatility. Looking at consensus expectations on sales, margins, and earnings may not prove to be overly worthwhile, given fundamentals mean little for what is essentially a pure momentum vehicle like Nvidia. It’s the commentary and guidance and the tone of the outlook that inspires investors, notably around its long-term data centre sales. We can explicate how the business is likely tracking from recent earnings numbers from the likes of AMD, SMCI and TSMC, and given the strong trends we’ve seen of late can assume sales are growing at a solid clip. Options structures price big moves on earnings If we look at the options market, the implied or expected move for the day of reporting sits at an impressive -/+11%. That level of implied volatility could indeed be mispriced, but an -/+11% move for a company with a $1.83t market cap would be staggering. When we consider that Nvidia has the fourth largest weight on both the S&P500 and NAS100, commanding a 4% and 5% weighting on each index respectively, an -/+11% move could have significant implications – especially if the move in Nvidia’s share price spreads into other A.I and mega-cap tech names, which it most probably would. Should we see a move in US equity futures it would likely impact the USD and risk FX, such as the AUD, NZD, or NOK. Staying in the options space, we see that Nvidia’s 1-week call options (10% out-of-the-money) currently commands an implied volatility of 100.8%, a clear premium over 1-week put options (with strikes 10% out of the money) at 85%. This is rare, as put option implied vol is typically higher than calls, given the increased relative demand to use put options to hedge against equity drawdown. We also see that 9 of the top 10 most traded options strikes recently (expiring on 23 Feb) are traders buying call options, which just adds to the view that equity traders are positioning portfolios for higher levels and remain incredibly bullish on their near-term prospects. The bottom line – Nvidia’s share price is not being driven by fundamentals – valuation matters little – it is all order flows and momentum. What matters to traders here is that the market expects a huge move on the day of earnings, and this could send ripples through broader markets. This creates opportunity but it also is a risk for traders that needs to be managed – put Nvidia on the risk radar. Editors' picksLongby Pepperstone88189
NVDA ready to give some back?With seven bearish arrows bunched up like this on the free LuxAlgo Watson Envelope indicator on the weekly timeframe, is worth a shot at some Feb/Mar (or further) PUTs?Shortby bfallsUpdated 444
NVDA bulls still hold control 🐿️A short term dip to 525/trend support is possible before the next big rip.. I think we head higher to 600-700+🎯 in the next big rally though. clear higher lows and extreme trend supports. boost and follow for more! thanks 💜Longby Vibranium_CapitalUpdated 8835
diamond topLooks picture-perfect. What do you think? leave comments below. Shortby DollarCostAverage446
Reason NVDA isnt budgingWe are at a crossroad, unless the algos kick in I dont anticipate us breaking the bigger trend channel. Not saying it cant happen but it seems unlikely at this current time. Other reason could be traders prepping for earnings. by GreekStrike0
NVidia - Will it continue to run past $750?$750 is the level to watch for NVidia Current trajectory should take it there by next week's friday. If it drops down to 700, it's very liable to drop more. Given their current news about local AI and the AI war against that's opening up against them for $7 Trillion, I'd personally expect to see share value to continue to climb to $850 by mid MarchLongby tankingtomawar331
NVIDIA - a correction could be imminentIn the languages of the world, there is no word or sentence to describe the bull storm of the past few weeks. Almost every day, the stock rushes from high to high, and every setback is bought. Those who short have a subscription to burning money. So just keep going long and making money? Be careful! Because currently, it appears that a significant correction in NVIDIA stock could be imminent. The stock has recently made significantly lower highs, while the OBV (On-Balance Volume) is near its highs or even (in some timeframes) continues to rise. This is a massive hidden bearish divergence. We do not recommend blindly shorting NVIDIA, as this would be reckless. However, we now caution against continuing to go long in the market, as a significant setback could be imminent.Shortby Ochlokrat7
NVDA at resistanceNVDA now at 1.618 Fib extension. Expecting a pull back here. Wait for lower time frame topping pattern to emerge before entry. May need to test the 700 zone before reversal. Daily RSI plus 80. Stoch 5,1,1 plus 80 Targets on reversal confirmation would be: 9 ema 21 ema Green box.by WadeYendallUpdated 2215
Fib Circle analysis on NVDAReally interesting how the Fibonacci circle predicted some of the major moves in the past. Surprise surprise, it look like it's pointing to a major move on the 21st of Feb, 2024, which coincides with earnings. Coincidence? Longby supamichy449
NVDA - At ResistanceNVDA just hit our 1.618 target from our $ 500 recent top to our $ 110 bear market low. This could be a potential top for NVDA as the weekly RSI is at a key resistance (red line). The only thing that is scary is Nancy Pelosi is still in her long position. This was after she bought the last low and is currently up over $ 1.4 million. Will be keeping an eye on how this develops.by VIAQUANT111
Nvidia: A Game-Changer in Tech and FinanceOne company has emerged as a true powerhouse: Nvidia ( NASDAQ:NVDA ). With its recent surge in market value and influence, Nvidia's story is not just about astronomical growth figures; it's a testament to the transformative power of innovation and the relentless pursuit of excellence in an increasingly AI-driven world. At the recent World Government Summit in Dubai, Nvidia ( NASDAQ:NVDA ) CEO Jensen Huang made a profound statement: every country needs to build its own artificial intelligence infrastructure. It's not just about economic potential; it's about safeguarding sovereignty and preserving cultural identity. In a world where technology knows no borders, Huang's words resonate deeply, urging nations to take control of their technological destiny. Nvidia's ( NASDAQ:NVDA ) dominance in the market for high-end AI chips has been nothing short of spectacular, catapulting the company to a staggering $1.73 trillion market value. But beyond the numbers lies a deeper narrative of democratization. By democratizing access to AI through swift efficiency gains in computing, Nvidia is empowering industries and individuals to harness the power of artificial intelligence like never before. Challenges Ahead Yet, amidst this exponential growth, concerns about the dangers of AI loom large. Huang dismisses these fears as overblown, drawing parallels to other regulated industries like cars and aviation. However, the real challenge lies in navigating geopolitical tensions, as evidenced by the recent U.S. restrictions on Nvidia's AI chips. Despite these challenges, Nvidia ( NASDAQ:NVDA ) remains resilient, working with customers worldwide to comply with regulations and expand its global footprint. Checking the Numbers Nvidia's ( NASDAQ:NVDA ) meteoric rise has rewritten the playbook for growth stocks. With a staggering 379.7% increase since 2022, Nvidia ( NASDAQ:NVDA ) has surpassed industry titans like Berkshire Hathaway and Tesla, reshaping the investment landscape in the process. The company's market cap now accounts for a significant portion of major ETFs, underscoring its pivotal role in shaping the tech-heavy market of tomorrow. Comparison to Tesla stock Comparisons to Tesla's historic surge in 2020 only scratch the surface of Nvidia's unparalleled value creation. In just over a year, Nvidia ( NASDAQ:NVDA ) has added $1.37 trillion to its market cap, setting a new standard for growth and innovation in the tech sector. As investors and analysts alike ponder Nvidia's future trajectory, one thing remains clear: the company's impact extends far beyond financial markets, signaling a seismic shift in the technological landscape. Conclusion In conclusion, Nvidia's journey from a semiconductor giant to a global AI powerhouse is a testament to the transformative power of innovation and resilience. As nations race to build their AI infrastructure, Nvidia ( NASDAQ:NVDA ) stands at the forefront of this technological revolution, shaping the future of industries, economies, and societies worldwide.Longby DEXWireNews4
Riding the Long Trend:Nvidia (NVDA) Analysis on the 6-Hour Chart Title: Riding the Long Trend: Nvidia (NVDA) Analysis on the 6-Hour Chart Analysis: Hello Traders, Nvidia (NVDA) continues its upward trajectory with impressive momentum on the 6-hour chart! Volume indicators suggest strong participation, indicating a continuation of the long trend. NASDAQ:NVDA Volume and Momentum Analysis: Volume trends on the 6-hour chart are robust, reflecting increasing market activity and confidence in NVDA 's price movement. This surge in volume aligns well with the ongoing upward momentum, reinforcing the likelihood of the uptrend persisting. Technical Analysis: The 6-hour chart reveals a clear picture of NVDA 's bullish momentum, with price action consistently favoring upward movement. This sustained uptrend, coupled with robust volume, provides a strong foundation for further price appreciation. Conclusion: With volumes on the 6-hour chart indicating strong support for the ongoing uptrend, traders may consider riding the momentum in NVDA . However, it's essential to remain vigilant and adapt to any changes in market dynamics. Don't Forget to Engage: Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you find this idea compelling! Feel free to share your insights and charts in the comments section below to enrich the discussion and help the idea reach a wider audience. Your engagement is invaluable! Trading based on this analysis carries inherent risks. Conduct your own research and consult with a financial advisor before making any investment decisions. Happy trading! Longby MarxBabu2
Where do we go from here?NVDA is clearly following an ascending channel and we appear to be in the middle of it so either direction is possible. Watching for the top around $750 and the support around $705. What are your thoughts?by empire46534
Is NVIDIA a bubble stock or just beginning?NVIDIA stock ( NASDAQ:NVDA ) just hit $719, and it feels like a huge bubble looking at the chart. $1.7T in market capitalization is insane. It's 1/20 the US' GDP, greater than that of Switzerland. I recall it hitting $300 less than a year ago and it felt like a stretch given the market fear of recession at the time. We probably shouldn't conflate market cap with an investment fund for building chip factories, but Sam Altman is trying to raise $7T to build AI chips because he "often complained that there aren’t enough of these kinds of chips". That's 4x the current NVIDIA's market cap. Does that mean NVIDIA's bubble is actually cheap? Probably not because that fund would be used over a long period of time, whereas the stock's $1.7T is formed by speculative money. It's counter-intuitive, to say the least. In the absolute, it looks like a bubble. You zoom into the chart and it's sort of insane. But when you zoom out and consider that it has been growing at the same rate since 2015-2016 era, consistently staying within a bounded trend up, it doesn't look like it's about to pop. If I had cash lying around, I would invest into it, probably not 100% of that because I also believe there's downward risk with anything that seems to grow too fast (return to the mean etc). Right now I have other investments that are good and when factoring removing those positions in favor of NVIDIA, it doesn't look that attractive. But what do I know, this is all feelings and guesses.by kurko1
NVIDIA MASSIVE GAINSAs I predicted before price can goes 600-700, my predictions on distribution might goes to 729 the 6*3 predictable numerology on stocks, We might see 729$ on VANTAGE:NVIDIA . This is not a financial advice, I am waiting this stocks to form distribution type. Updates will be make once price forms and makes my predictions goes to 700$ or above. This is only my view, this is not a financial advice. Follow for more. Trade at your own risk.by keno1989Updated 665
NVDA-SPY OPTIONS TRADE 🚨 Current open signals: NASDAQ:NVDA 700 CALLS WITH 686 STOP LOSS and AMEX:SPY 500 CALLS WITH 12 FEB EXP STOP LOSS AT 496. 📉 While we maintain a bearish outlook on the market as a whole, we recognize that the top is not in yet. We're seizing the opportunity to make some final scalps before we gear up to hunt for the big move down. Stay tuned for updates and be ready to capitalize on the evolving market dynamics!Longby tradesenigma454Updated 4
NVDA 1h Bull FlagNVDA 1h bull flag with push to pysch level of 700 as price targetLongby Eclipse_TradingUpdated 332