Updating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is...
Oh NVDA, NVDA and its tricks. What a disaster stock, but I still trade it daily. Let's go over what to expect next week: There is an immediate setup on the chart for a bullish continuation up. However, its minor and just saying that we will snag up to 883: That is with extended hours turned off. Extended hours really just makes a mess out of things based on...
NVDA has the potency to reach 1182!! Yes I think it will reach its target probably in less than a month will see
My NVIDIA short position first target at price around 725.
We can attempt to short NVDA from specified level if it break HL , trendline support , also there is bearish divergence indicate that it move downward. SL , TP mention in chart.
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...
Welp.... say it ain't so... do what you want of course... I have this target by June 1st of this year. Refer to 22' Top.
Pretty simple here, we have a bear flag setup after the monster 10% down day. Looks juicy to short
Meta has invested $30 billion in 1 million NVIDIA GPUs to improve its AI model training capabilities and push technological boundaries in AI development. The acquisition, which includes a million GPUs, is one of the largest in the technology industry for such equipment and represents a major milestone in Meta's strategic direction towards the development of...
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...
Learn how to read price! Learn where the key areas are Learn good risk reward Take notes on how FOMO and Euphoria behave, feel, and trade like Learn what tight tight tight looks and behaves like both up and down Learn the difference between CORRECTION and REVERSAL! Shorting is for the elite of elite Navy Seal Snipers!
If support here holds at the .786 fib (light blue line) NVDA will see new ATH. Profit targets are as listed. Use a stoploss please. Also - May is historically good for semiconductors. Bullish! *this is not financial advice* please use a stoploss.
The semiconductor industry, known for its dynamic nature, faced a tumultuous day as Advanced Micro Devices ( NASDAQ:AMD ) delivered an uninspiring outlook for the upcoming quarters. The repercussions of AMD's subdued guidance rippled across the market, with its main rival Nvidia ( NASDAQ:NVDA ) feeling the heat, alongside other semiconductor giants like Skyworks...
When I do TA I don't like putting too many indicators. Indicators are probability and nothing else. Too many indicators = too much noise. Anyways we are getting straight in details. The recent trendline on daily from bigger picture is held as support on broad market selloff. Also if you see the MACD on daily it just turned to the upside so putting an additional...
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...
Nvidia has been weak as of the last month, after a major run-up in the stock. Since we have no catalysts on the short term horizon, I am forecasting a fall back towards $700. However, in the short term we can get as high as $927 before falling back towards my target of $700. To get this sort move in the stock I will remove the purple alternative path of the...
NVDA that was driving the market set for down.. Broken the daily MA and back to test the BO. the next halt is 610-630 level..
After multiple retests of 61.8 fib, I think JPOW just gave clearance past 1k. I implore you to look at what AVGO did when it broke 1,000 critical level as well as look back at TSLA in 2020 pre/post stonk split. NVDA is now a STONK, and those only go up. AMEX:SPY trend line was regained today, classic shake out before next leg up, thought we'd get a better dip...