Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: Nvidia stock has been trading in a rising channel formation for a couple of years. We saw the last retest of support in the beginning of 2023 which was followed by an unbelievable rally of 625% towards the upside. At the moment Nvidia is retesting the...
Nvidia Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and incorporated in Delaware. Wikipedia CEO: Jensen Huang (Apr 5, 1993–) Founded: April 1993 Founders: Jensen Huang, Chris Malachowsky, Curtis Priem Headquarters: Santa Clara, California, United States Number of employees: 29,600...
Lets get a push down for some liquidity and head higher yeah? Mkay.
Simple project where all lines from all rectangles are projected potential support and resistance. Looking to catch at least one reversal (in either direction) with a candlestick pattern or signal at any of them. The vertical ones are more like time stamps for potential essential events like change in mood, sentiment, volatility or other. The polygon is more...
boost and follow for more! ❤️🔥January 18th I released a bullish update with 600-700 dollar price targets, since then we have smashed those targets.. Also we had a recent earnings report. So time for some updates? Well it looks like this "AI hype/AI bubble" isn't slowing down, the earnings on NVDA were extremely good. So I have raised my Price target from 700 to...
From my perspective, NASDAQ:NVDA NVDA working on wave 5 right now and it could fly to 1050+. Lets see what will happen before its ER.
Uptrend Rules Strong : Second closing candle above the high of the first breakout candle. Semi-strong : Price reaches above the high of the breakout candle at any point. Weak : The second candle post-breakout closes above the 34 EMA (high) of the breakout candle. Downtrend Rules Strong : Two consecutive candle closes below the 34 EMA (Low). This...
Soaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the...
Market Overview: Nvidia's NASDAQ:NVDA recent rally has bolstered bullish confidence, driven by anticipated revenue and profit growth, and positive analyst outlooks, particularly from Goldman Sachs. The company's leading position in the AI-powered GPU sector further contributes to positive sentiment, with potential for continued uptrend supported by upcoming...
Sorry for not adding details about the levels .. Please check the levels on chart. Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content....
NVDA is going to consolidate for at least 3 more months before its next rally
On April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19. Looking closer at the daily chart we can see that the resistance is at the same level with both...
There are always two sides to every coin, heads or tails; and there are always two sides to every chart, bearish and bullish. Here we are going to be looking at the signals for the NVDA stock on both sides. Nvidia was already a massive company thanks to its chips and cards but with the advent of Cryptocurrency it become #1. Now we have this situation where the...
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
Nvidia on hourly candles respecting elliot impulse wave pattern for year 2024. Wave 2 was a classic 3 wave elliot correction wave pattern. This then breaks into wave 3 and is respecting a very tight channel upwards. Expecting 1000+, back to 900s, then price target of 1100+ post July. Heavy chop in wave 3 due to broader market uncertainties and pressures. This...
NVIDIA Triple top, earning report tomorrow after the bell if it can deliver it may go for a new high but if not it may go all the way back to the bottom of the range
NVDA earnings stats based on the last 10 earnings days close to following day close. 11/17/21 293 - 317 + 24 = + 8% 2/16/22 265 - 245 - 20 = - 9% 5/25/22 170 - 179 + 9 = + 5% 8/24/22 172 - 179 + 7 = + 4% 11/16/22 159 - 157 - 2 = - 1% 2/22/23 208 - 237 + 29 = + 14% 5/24/23 305 - 380 + 75 = + 25% 8/23/23 471 - 472 + 1 = na % 11/21/23 499 - 487 - 12 = -...
NVDA is poised for breakout on earning day. if breaks Supply Zone, it will fly high. Otherwise, free fall from 975 level. If anyone wants to trade, wait after the earning. Or create Iron Condor well above 1000 level and below 850 level. Expect the stock to go up 5/21 and 5/22. Short call will work. See yellow lines in my chart. Pattern: Bearish rising wedge