NVIDIA Perfect Bearish H&S PatternAn awesome looking H&S Pattern has emerged on the NVIDIA chart and it's as neat as it gets. Can clearly see bearish RSI divergence that has developed too. Best of luck. Shortby SkyTreesUpdated 225
NVDA ~ Snapshot TA (Daily / Nov 2023)NASDAQ:NVDA chart mapping/analysis. Breakout/bullish price momentum pushing higher within an ascending parallel channel (green). Bull target(s) Golden Pocker Fib Ascending trend-line resistance (white dotted) 78.6% Fib (+1) Bear target(s) 50% Fib (+1) Descending trend-line support (white dotted) aka "return to scene of crime" 38.2% Fib (+1) Underlying gap fill (~423.81) + lower range of ascending parallel channel (green) confluence support zone 23.6% Fib (+1) Lower range of ascending parallel channel (light blue) + gap fill (~306.01) confluence support zone by BlueHatInvestorUpdated 1
NVDA BEARSH ENGULFING CANDLEIt seems like the NVDA stock is not performing well. It has shown a bearish engulfing candle after closing below the low price of the previous hanging man. This has happened at the significant historical resistance level at $500. Consequently, we predict that the stock will undergo a significant correction. MR SULTAN Shortby MrWallStreet1
NVIDIA formed a text book version of Head and Shoulder PatternI am surprised and not sure but the technical pattern on NVIDIA is very very clear, it has formed a perfect Head & Shoulder Pattern. As per H&S Pattern the price target is around $314. This does not seem to be true if you look at fundamentals, they are fully sold out for their high end GPUs for this year. But you never know, the technical pattern includes all market conditions!!!Shortby spranavUpdated 5512
$NVDA downside gap-fill potential!NASDAQ:NVDA ,1D: Price dipped just below the 50% line and popped back up over the line after coming off the local lows at 403. Given the 'uncertainty' around the level and duration of a 'higher for longer' rate environment along with the market's general preference for 'clarity' over 'uncertainty', it would not be unreasonable to expect the 'increased volatility' that comes with 'uncertainty' until some level of 'clarity' can be established around the duration of the current 'higher rate environment'. Further adding to the potential for 'market uncertainty' and 'lack of clarity' are the tenuous and ongoing negotiations between the U.S. and China around access to semi-conductor IP. NASDAQ:NVDA utilizes the cost benefits provided to its model from the 'cost efficiency' of both Chinese and greater Asia's manufacturing and production capacities. Were trade relations around semi-conductor IP between China and the U.S. to become 'less amenable', the deterioration of that relationship could adversely impact NASDAQ:NVDA 's margins. If NASDAQ:NVDA had to re-establish production/manufacturing supply chain relationships elsewhere this could inject 'uncertainty' into the price discovery process. These are 'unknown unknowns' at this point and hard to factor into analysis, but at a minimum, they would increase the potential for 'market uncertainty' and the subsequent 'lack of clarity', which often leads to 'price volatility' until some level of 'certainty' could be re-established. Looking at our 1 day RSI against price I am seeing a 'bearish divergence' whereby price makes 'higher-highs' and 'higher-lows' while the RSI prints 'lower-highs' and 'lower-lows'. This can be taken as a 'leveling off' of momentum that often precedes a change in price direction or, at a minimum, a significant pull back within a constructive trend. (see light violet curves) I would expect that a downside 'gap fill' could be a 'necessary evil' at some point in time across the next 6 weeks or so, and before further gains to the upside could probabilistically be portended from a structural standpoint. The bottom of the gap fill is roughly in confluence with the YTD VWAP (peach). NOT FINANCIAL ADVICE. ALL STOCKS CAN GO TO ZERO. Shortby The_FirewalkerUpdated 223
#NVIDIA- CROSSNvidia is major resistance now. Support for Nvidia $401.75. The 20Ma is crossing the 50Ma With the good news around and AI Hype, i think we gonna break all time highby TulipMania-Pluisje333
NVDA: What to expect for earnings next week?This huge semiconductor has plenty of clout in terms of popularity with retail investors. HFTs are likely to gap on its earnings news which arrives on 11/21, next week. Clearly there are many who are confident NASDAQ:NVDA will meet or beat analyst estimates despite setbacks and restrictions. The run hit resistance and became overextended, so some profit taking is occurring for now. The stock is likely to shift to a tighter consolidation near the high of this platforming range.Longby MarthaStokesCMT-TechniTrader113
NVDA Short (2023.11.15) Current price : 496.62NVDA Short (2023.11.15) Current price : 496.62 It shows that technical indicators are very overheated It is worth aiming for a profit of at least 2%Shortby CEOofUnknotUpdated 5514
NVIDIAWe can see two patterns in the chart. 1. Wedge 2. Consolidation. Bullish - If price breaks the consolidation zone with volume. Bearish - If price is unable to sustain above the consolidation. Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498. Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466. Do your own analysis before taking any position. by vanathiUpdated 6623
NVDA IDEA SHORTMy subjective opinion NVDA is looking for a pull back. from my TA we are at heavy resistance. shore it can go a little higher but look for a pullback. TPs are on the chart. just an idea....Shortby Jonwirecooke228
New Chips From Nvidia! Another growth cycle for the stock?Nvidia Corp unveiled its new H200 Tensor Core GPU yesterday, 13 November 2023. This chip boasts a 60-90% productivity increase compared to current models, with Nvidia's main competitors still in the process of developing analogs. The H200 Tensor Core is scheduled for general sale in Q2 2024. It may lead to a future rise in revenue and net profit of the issuer. Consequently, today, our focus is on the Nvidia Corp (NASDAQ: NVDA) stock chart. On the D1 timeframe, support has formed at 398.80, but resistance has not yet developed. Following a prolonged growth cycle, a correction to 476.52 is most likely. On the H1 timeframe, if the asset's upward trend persists, a short-term target for a price increase might be around 502.67. In the medium term, the target for a price increase could hover around 532.55. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67.85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.Editors' picksby RoboMarkets1818577
Nvidia (NASDAQ: NVDA) Adds $200 Billion as Winning Streak Nvidia Corp. shares are poised to extend gains for a 10th consecutive session, their longest streak of advances since a record-setting dash in December 2016, as the world’s most valuable chipmaker updates its artificial intelligence processor. Nvidia has climbed about 20% during the course of this latest rally, adding about $200 billion in market value, according to data compiled by Bloomberg. That’s as rivals are scrambling to come up with alternatives to challenge its AI dominance. The stock has rallied more than 230% this year through Monday’s close, making it the best performing component on both the Nasdaq 100 and S&P 500 indexes as the AI-driven frenzy fueled rallies this year. The latest surge comes as technology stocks rebound amid hopes that Federal Reserve interest rates have peaked. Update On Nvidia's Chip Nvidia said its updated chip, called the H200, will get the ability to use high-bandwidth memory, or HBM3e, allowing it to better cope with the large data sets needed for developing and implementing AI. Nvidia Set To Report Earnings On Nov. 21 Nvidia, which had been under pressure last month as new US rules banned the sale of its cutting-edge chips to China, is scheduled to report earnings on Nov. 21. Price Momentum NVDA is trading near the top of its 52-week range and above its 200-day simple moving average. What does this mean? Investors have been pushing the share price higher, and the stock still appears to have upward momentum. This is a positive sign for the stock's future value.Longby DEXWireNews1
"Catalysts"We respond to different events in a way that we deem appropriate. If we are getting information that says the investment we are making isn't making money, or at least not as much money as we think it's going to make, we want to change investments. Catalysts cause the markets to move, and when a lot of people are involved it tends to move dramatically. If we get information that says we are going to make MORE money in our investments, we tend to stick with that investment, and maybe even make MORE of an investment. NVDA and TSLA stock are excellent examples of securities that move aggressively whenever we see catalysts. We saw a catalyst this morning, and we will more than likely see a market reaction, we have already seen a pre-market reaction. Consumer discretionary stocks are surging.Long01:22by christopherkjorstad0
$NVDA 495 monday then CPI Dump?NASDAQ:NVDA following this topping pattern... spike out on monday would confirm short term top... Shortby TazmanianTraderUpdated 1
NVDA BULLAccording to analysts' estimates, Nvidia's annual revenue growth rate will be around 44% (My forecast is that the percentage will be higher). If this estimate is reached, the DCF model would predict a value for Nvidia of $882.18, with an annual return of close to 100% over the current stock price ($455.72)Longby AynurNurUpdated 226
NVIDIA Analysis , Investors Opportunity.On the Weekly timeframe of NASDAQ:NVDA we can clearly see that price has been forming a very strong uptrend for some time now with higher highs & lower lows dating back to the 29th of April 2013. In the last 11 trading days, NVIDIA has moved up 25% from $392.39 to $486.20. Within that 11 days we've seen NVIDIA reach the top of that W pattern. My theory is that we will now see NVIDIA have a short sell to the $435 mark. For a -10.5% movement as Lux algo is currently acting as a support level at that price. If this is the case, this would mean this is a perfect buying opportunity for investors to get a discounted price for NVIDIA holdings as it indicates a pullback to the upside for the bulls that could break resistance and reach as high as $587.88. For Traders the short sell entry is as follows down below: SL: 503.88 Entry: 483.87 TP: 434.89 2.4:1 R/R Share your thoughts down below, all comments and criticism are welcomed. - Kaia Tait. Shortby kaiatait112
NVDA Quick Short OpportunityOn a YTD NVDA chart you see a massive head & shoulder pattern breached to create a bull trap by applying forecasting analysis bar patterns (highlighted in light cyan color you can see a pull back is warranted to the range of 382 which is approximately a 100$ + drop. Further the gap level around 317 needs to be filled on YTD chart which occurred in May 2023. There are two possibilities NVDA falling to 382 and bouncing back to 510 based on wave analysis as shown by forecasting bar patterns or NVDA drops to 382 and then further drops to 317 to cover that GAP. This stock is poised to have higher volatility in coming days & months as the trend is in direct contradiction with both fundamental analysis (high PE ratio, reduced cash flow growth etc.) as well as technical analysis (false upward breakout from H&S neckline i.e. a Bull Trap, RSI slope is declining, ON balance volume and Up/Down Volume is also decline. This NVDA breakout towards upside in recent days might have caused due to heavy short covering. Stock is poised for reversal as NVDA is suffering from price rise on declining volume. Note: This is not a financial advice. Please use the analysis and thoughts presented to extend your technical analysis. This is strictly purposed for learning. Shortby Reddevil26953313
New chip, sell the news?!?New chip, sell the news? Or will this beast breakout and continue to rip? Idea is for fun only. Curious how this plays out. Will it retrace 30%? I suck at TAShortby lambokeys3
$NVDA - Monster move!NASDAQ:NVDA , what a monster! None of the bearish scenarios, such as the Head and Shoulders, Island Top, and Broadening Wedge breakdown, materialized. It looks like it is heading to $520, which is the measured move of the descending wedge. The stock has been a bear's nightmare.😂Longby PaperBozz0
NVIDIA is following a curve pattern NVIDIA is following a downward curved pattern also near the previous monthly low, trying to give some weekly levelsby omvats1Updated 117
NVDA Analysis: Share Price Reaches 2-month High on News of New CLess than a month ago, US officials tightened rules on sales of high-end artificial intelligence chips to China. And yesterday, from the SemiAnalysis newsletter, it became known that Nvidia has developed new chips called HGX H20, L20 PCIe and L2 PCIe, which are not subject, in whole or in part, to existing export restrictions to China. The news about the new chips gave bullish momentum to the Nvidia stock market. The NVDA stock price chart shows that: → the price crossed the peak on October 12 (this is peak D, the formation of which we assumed in the analysis of the NVDA stock price on September 14); → NVDA share price shows bullish dynamics after a false breakout of the psychological level of USD 400 per share at the end of October; → the price dropped at the end of yesterday's trading day, forming a potential false breakout of the October peak. It seems that the bears have become more active, trapping overly optimistic buyers. The 4-hour chart shows a bearish engulfing pattern. Note that the market was extremely volatile at the end of August, as evidenced by the ATR indicator. In this active market, large participants had enough counter liquidity to cover long positions (take short positions). And now, with the price rising to the levels of this important August range, the bulls may exhaust their confidence. To overcome it, strong drivers are needed, which can happen during the publication of the company's report for the 3rd quarter — it is scheduled for November 21. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. by FXOpen18
Nvidia beatifull short before longLooks like its going down first before continue the uptrend. Shortby G1D3onnUpdated 8