ALIUSD vs NVDA. next AI playALI USd now outperforming nvda. let's see how strong it can play!Longby vayntraubinator1
Nvidia Could Ultimately Crash the US Stock MarketRarely do you see a "Blow Off Top" in play like what you are seeing in Nvidia (NVDA), with a current valuation of 2 Trillion US Dollars. Think about that for a moment The mania of AI, or Artificial Intelligence has taken now over the world as the biggest technology creation of the twenty first century. Bubbles in the stock market occur, when mass belief, ultimately turns into tragic disbelief. My own personal belief is that ultimately Nvidia stock will crash back to earth like every other stock bubble created by capitalism before. However in this case, Nvidia could also be responsible for a shocking crash in the US stock market. if things suddenly unwind. As a trader, I am watching the 750 price level in Nvidia, which is the price level where it opened on the NYSE on Feb.22,2024, after its blow out earnings. There is a 75 point upside gap,from 750 down to 675, 10 % that needs to be filled immediately if support at 750 breaks. If "artificial intelligence" computers decide to sell all at once,on a break of 750 perhaps now you might understand,... what could happen next. NVDA 788.17 Last. THE_UNWIND WOODS OF CONNECTICUT Shortby The_Unwind9943
NVDA due for a massive correction The Monthly RSI has just had its second Peak after the main peak. Not saying this week or next month, but she will fall, and alot. $400 is my starter target. Ultimatlly $315 would be sweet. Looking for a top of around $860. Remember this is taken off the Monthly, so this could take up to a year to happen. The white dotted line is the Overall trend. We are to far away from our 200 EMA's. People will take profits here.Shortby Higham831
Nvidia Hype is Done NVIDIA appears poised for a downturn, having seemingly exhausted the momentum from the AI hype. The stock might be entering a distribution phase, indicating a cooling interest that could lead to a short-term downtrend. According to Fibonacci retracement analysis, a key target for this downtrend is the 0.618 level, equating to a price of $625, expected to be reached before the summer. Factors contributing to this potential decline include market saturation in AI technologies, increased competition, and possibly overvalued stock prices relative to earnings potential. Always consider consulting with a financial advisor for personal investment decisions.Shortby Abdihalim1113
NVIDIA technical analysisAnalyzing NVIDIA we can see a complex market picture. The large Elliott waves (orange) indicate five primary price movements, with three being impulsive waves upward (1, 3, 5) and two corrective waves (2, 4). The smaller Elliott waves (white) represent sub-waves within the larger upward trend of wave (5). Potential support at a yellow channel, which is aligned with previous troughs and peaks, suggesting it's a significant level for future price action. The correction that may occur is suggested by the Fibonacci levels drawn on the last impulse of wave (5). The 0.5 Fibonacci level, often acting as a significant retracement level, points to a potential support area around $600.76, while the 0.618 Fibonacci level indicates a price around $554.92. Cumulative volume showing increased activity during rises and falls, might indicate the strength or weakness of the price movement. Increased volume during the last upward impulse may suggest solid buying interest at these price levels. With these observations in mind, it appears that if a correction occurs, we could look for support along the yellow channel and the indicated Fibonacci levels. Considering the market dynamics and historical price behaviors, these areas might offer potential reversal points for further price movements.by CryptoDiabloo1
NVDALog chart here.. Logarithmic is good for charting parabolic moves... Approaching 6yr resistance around 860-875... I expect a pullabc there to support Around 650-700 before the last leg up to 1000Longby ContraryTraderUpdated 2219
Ready for a pullback?I'm looking for a wave 4 pullback that will last several months. Then a final wave 5 taking the price to over $900. Under $600, then it would probably mean wave 5 has already completed.by moneyjeff10
NVDA NVIDIA Corporation Options Ahead of EarningsIf you haven`t bought NVDA before the previous earnings: Then analyzing the options chain and the chart patterns of NVDA NVIDIA Corporation prior to the earnings report this week, I would consider purchasing the 710usd strike price Calls with an expiration date of 2024-2-23, for a premium of approximately $48.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 224
NVDIA= Who likes artificial intelligence?Hello ;the buying pressure is so strong that I don°t see how nvdia will avoid the 1000 tokenby Le-tradeur-de-fortune-and-co116
A top in $NVDA? I know it is very brave of me to call a top in NASDAQ:NVDA here with all is going on in AI right now. But I can only analyse what the market is telling me right now. And the market is telling me that a top might be in place. And here are 5 reasons why : 1. Fibonacci golden ratio on a weekly timeframe we are almost there. We see how the golden ratio it's splitting the 5 waves impulse up. Even in Wave 5 we have a Fibonacci Golden ratio. This time is 0.618/0.382. They all point out to the same zone. 2. Bearish divergence between the price and MACD- Histogram and MACD lines 3.Kangaroo tail The last bar is a sign of worry for the bulls. 4. Outside upper channel line 5. Quite a gap to the value zone. Which on a daily is between $675-$716. and as bonus reason Steve Weiss just bought NASDAQ:NVDA Of course there are a few reasons for the bulls as well. and NASDAQ:NVDA could go to the Moon. What do you think. Bull or bear here? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.Shortby WavesInvesting13138
Approaching A Top Soon...Yes topping range is quite wide but I believe it can happen soon (within weeks-months) - There is also the chance it's topping out now. I would not be shorting just yet...I would be waiting until it becomes more obvious and we have a defined top and a rally failing to break that top.by Swoop6226
a weekly price action market recap and outlook - nvidia #3Good evening and i hope you are well. Last time i talked about Nvidia was 3 week ago and Nvidia at 661. Time to revisit and adjust again. I said buy, 700 and even 800 were my targets. Market kept at it, 788 now with 823. If you made money, please leave a comment, thumps up or whatnot. I hope you enjoyed it. Outlook Quote from last outlook: "The thing about FOMO rallies is, no one knows where it will end and it can go so much higher and longer than anyone would have ever guessed." If you don't think this stock is a bubble, you have not been paying enough attention to bubbles and the financial markets as whole. But it's alright, as long as you make money, no one cares. Only question is, when will it burst. I explained my reasoning why it will continue to go up and if it stops, it might go down hard because so many people want to save their gains. bull case: 800 was my rough target based on some measured moves, it's a big round number and market did what it had to. Good profit taking there too. Now what possibly can the reason for the bulls be to buy this? Well, it's only going up and trend is your friend. Does that mean it's smart to buy at upper trend lines, fulfilled measured move targets and what have you? No. It's plain freaking dumb from a risk:reward perspective. The next reasonable targets are 900 and 1000. I just won't try to come up with reasoning from a price action perspective here, sorry. bear case: I did not touch any of the lines drawn 3 weeks ago. Last week we had a pullback for 10% and this week another run for 25% up. This is peak insanity of a stock and we are very close to the end. No one want's to be left holding the bag and the next pullback will be a deeper one. For that to happen, the overall market has to weaken and since we are still making new ath's evey week, no reasoning for a short here anyhow. If you dare, wait for weakness and then sell small. The risk:reward is on your side if bears can get something going, which odds favor after such a buy climax. If bears are strong, their first target should be 670. short term: stock is just going up and that's why the probability of it continuing, is higher than sideways or down. does that mean you should buy? no. risk:reward is on bear side and for that we need to see weakness and consecutive bear bars closing on their lows. so even probability is low, one should look for weakness and sell it small. medium-long term: bubbles burst eventually and when they do, market overshoots to the downside as well before osciallating around the fair price (average price). what will that be? who the f knows. if this stock does not lose at least 40% this year, i have to rethink my life choices very hard. Have a great weekendby priceactiontds110
Nvidia Bounce TrackWhile the main scenario for this stock implies a further advancement in price considering the importance of its product(s) in AI development and deployment, this project attempts to anticipate or "catch", a significant reversal signal, preferably with a candlestick shadow at one of the shapes (similar to the examples highlighted in past price action). 2 other relevant occurrences might pop somewhere else in the snapshot, without shadows, but with other candlestick patterns. A reversal of a wave (:no matter how big or small), provides a strategic entry relative to the context of the market or the context of future potential scenarios, having a tight exit strategy (above the high or in this case below the low of the signal candle), while being open to higher rewards relative to risk. This Simulation of potential future scenarios, resulting in a hybrid design that takes into account at least 10 such main scenarios, has been carefully selected, processed, and applied, with alien nen technology and mechanisms, brought to you from the depths of a Black Hole, where time and space collapse into a wonder of oneness and transcendence, called Singularity. Longby nenUpdated 331
nvidia ai hypestrong hands hold> more upside coming for nvidia they have 95 % ai market in there hands new launce for ai chips in q2 coming ai hype every one wants the nvidia chips. by martinhoeksema8221
NVIDIA $NVDA - Feb. 22nd, 2024NVIDIA NASDAQ:NVDA - Feb. 22nd, 2024 BUY/LONG ZONE (GREEN): $661 - $810 DO NOT TRADE/DNT ZONE (WHITE): $609 - 661 SELL/SHORT ZONE (RED): Not Shown Weekly: Bullish Daily: Bullish 4H: Bullish Not much to say, earnings and momentum speak for themselves, just thought I'd quickly throw up what I have drawn as support areas for bulls and a profit target. The target shown is roughly a +20% gain from the start of the bullish zone where my entry is it. No short zone is drawn as I do not believe something so strongly bullish should be considered for a short at this time. This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas. ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!Longby TonyAielloUpdated 5
nvda weekly 9 coming on TDIWeekly 9 coming on a 2 week time span. It has been a good indicator for pullbacks / consolidation. NVDA could see some chop as it did in the last 9 or more off a pullback to the uptrend. Just something to keep in mind.by Mausty0
NVDA Measured Move Hit With Parabolic Move After finding this channel to my liking, I also noticed that today it closed at exactly the price needed to complete a measured move. Two range expansions will put it at $822 I have no clue what it will do, just observations. I don't trade NVDA. I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must come back down. It could honestly go to $1000 from here. by travis18haneyUpdated 114
NVIDIA Corporation Starts A New Bearish Phase, Today!We can spot a perfect bullish impulse starting the month of October 2022. NVIDIA Corporation's valuation grew by an astonishing 590%. After the fifth wave we get a correction. We have a rounded top and a very strong bearish divergence with the RSI. Today's session is full red pushing price action below EMA10. As the action moves below EMA10 the bias turns from bullish to bearish. On the chart you can see an ABC wave pattern which is the coming correction. How the waves develop and how far it goes can vary wildly, so please keep in mind that this wave is just for illustration purpose. 👉 NVDA can move to test ~350 as support just as it can go lower and hit ~244. Thank you for reading. Bless me with your likes. Namaste.Shortby AlanSantanaUpdated 6623
Nvda plan of actionthis looks like a good technical scenario all indicators are good Market is good yes let's do itby RNR80S4
More upside on NVDA“Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations.” says Jensen Huang - CEO of NVIDIA. The company has reported record 126% growth YoY. Nvidia stands as the fourth largest company in terms of market capitalisation. The company revenue is expected to grow as highlighted in the 2025 outlook of the company. It is a fundamentally and technically strong and trending company that should be part of every portfolio. Longby tradingswift2
NVIDIA - Top is inSimple EW/Fibonacci analysis shows that a possible top for NVIDIA could be in. OR this could be my imagination and we go to the magic 1000 number. Trading is risky, and this is no financial advice :) Also look at my other posts which delves into the general concept that the entire market has topped.Shortby mi_khanUpdated 434347
NVIDIA Shares - Quarterly Report and Potential Pullback to $400The drop in Palo Alto Networks Inc (PANW) shares by 21.09% from February 20 to February 21, 2024, following the company's reduction of its annual forecast, could mark the end of the growth phase for the technology sector. NASDAQ:NVDA NASDAQ:PANW #NVDA #Nvidia #Stock #StockMarket #Shares Both stocks have met all their targets and are likely to have concluded their growth phase. Among the big six that have been propelling the entire S&P 500 (Microsoft (MSFT), Apple Inc (AAPL), Alphabet (GOOGL), Amazon.com (AMZN), NVIDIA (NVDA), Meta Platforms (META)), only NVIDIA has significantly surpassed its 2021 highs. Indeed, the share dynamics of the graphics equipment manufacturer are responsible for the historical highs being updated by stock indexes. The peak of wave v perfectly aligned with the ascending channels of two fifth waves. This suggests the start of a very deep downward movement. NVIDIA shares could drop to around $400.Shortby ChainKnightsUpdated 223
NVIDIA -looking weak After a good rally the stock is looking weak on weekly timeframe The key supports are mentioned in chart A daily candle closing below 666 would be strong confirmation for downtrend Shortby Vallabh69Updated 443