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
NVDA Short (2024.02.20) Current price : 727.10NVDA Short (2024.02.20) Current price : 727.10 It shows that technical indicators are very overheated Although there has been some adjustment, it is very likely that it will go down further. Since there will be an earnings announcement soon, we need to be cautious of volatility and respond accordingly. But the overall direction is more likely to be down than up. If prices rise sharply after the earnings announcement, we must respond with additional selling. If the stock falls sharply after the earnings announcement, it would be a good idea to respond by closing it. It is worth aiming for a profit of at least 2%Shortby CEOofUnknotUpdated 11117
It's dangerous to bet against the trendI have some followers who made quite a loss shorting this stock. They believed it has gone overboard with its buy and decided to short against it. Some did the intrinsic value calculations and felt it is also way over valued by a double digit percentage and short it. Both groups suffered losses ! Drawing a simple trend line tells you the bullish trend is still intact and strong. At the current price, the possibilities of it having a pull back and close the gap 2 is higher than gap 1 now. Others rely on candlesticks and think that a bearish pin bar means must sell only to be disappointed with its strong rally as evidenced several times in the chart. Understanding the macroenvironment of the chips industry globally also plays a part in pushing up the prices of these stocks. But at some point, it has to regress to its mean value before deciding the next route. If you own say 5000 shares of this company and bought last year (Oct -Dec), then maybe you want to offload 30-50% and take some profits. However, do bear in mind that the market is irrational and prices can continue to go higher and higher despite its rich and extended valuation. by dchua1969Updated 8
The Nvidia effect; US equity indices break out to new highs The Nvidia effect has ripped through global equity markets and given fresh wind to markets that were looking ominously poised for a 3-5% drawdown. New highs have been seen in EU Stoxx, GER40, JPN225, and the US large-cap equity bourses; the US30, US500 and NAS100. What levels do the bulls target now? Well either, you’re looking at fibo extension/projections, psychologically important round numbers, or you hold until price action offers an exit signal, or your trailing stop is triggered. Our client flow is progressively skewed short index positions at current levels (85% of open positions on US30 are held short, 74% short on the NAS100), with many countering for a reversion move, although this is an aggregation of different strategies and timeframes. Nvidia hits the sweet spot Nvidia has dominated the narrative and rightfully so – the flow-on effects into the AI/semi’s scene has been truly emphatic. I won’t go over Nvidia’s numbers at a granular level, but clearly, they hit the absolute sweet spot – beating on Q424 actuals by some margin across the board, but also on their guidance for Q125 numbers. While not meeting some very lofty market expectations was a small risk, there was perhaps a greater fear that the guidance would be too hot, subsequently creating an incredibly high bar to beat in the future. That wasn’t the case, and one could say the outcome was a ‘goldilocks’ scenario. It’s hard to go past the commentary on their outlook and future operating environment, as this has not just lifted Nvidia but the whole scene. Saying that demand will continue to exceed supply all year was a massive bullish trigger. Detailing that supply constraints should improve over the year was also well received, with supply chains asked to increase capacity by 30% for CYQ1. Sales to China have also dropped to mid-single-digit percentages despite such explosive revenue growth, which was a factor and could be a big kicker further into the future. Nvidia shares not only closed +16.5%, far higher than the -/+11% implied in options pricing but adding $276b in market cap was absolutely staggering. The fact price closed right on its session highs must enthuse the bulls and for tape readers, it tells a lot about the mindset of the collective – dips will likely be shallow, and traders will chase the upside. 87.75m shares traded hands – the most since November 2023 - and in the options market, we saw 1.51m calls bought vs the 20-day average of 913k. Valuations are obviously lofty, but they matter little for these high-growth plays, which are essentially out-and-out momentum vehicles. Also, consider that Nvidia holds its highly anticipated GTC conference on 18 March – where they are likely to update the market on new products and innovations – so pullbacks in the stock should be shallow, and we could see buyers push price higher into that event. The spill over into names like Super Micro Computers (+32.9%), AMD (+10.7%), Marvell (+6.6%) and Broadcom (+6.3%) is clear. The Philadelphia Semi ETF (SOX) also gets some focus as price breaks to new ATHs. Offshore we saw plays such as Infineon, ARM Holdings, Tokyo Election, Taiwan Semi and Korean Semi names all working well and finding a solid bid. The biggest one-day move since early February On a broad index basis, the NAS100 saw its biggest one-day move since Feb 2023 (a 3% move was a 3.3 Z-score move). That said, for such a big percentage change in the index volumes were only 7% above the 30-day average, although this was more than offset by good breadth with 82% of stocks higher (72% in the US500). NAS100 implied volatility has fallen a touch with the NAS100 VIX index dropping 1.21 vols to 18.4% with the S&P500 VIX -0.80 vols to 14.5%, with traders rolling out of downside hedges. Hedges cost money when the market is ripping and subtract from performance. So global high-quality growth equity has found its mojo courtesy of just one stock, and what they have said about the outlook, which of course means so much not just for the A.I adopters but the enablers. We can once again talk about concentration risk in equity, but we can use the 2023 case study and see that reduced participation in the rally isn’t the red flag for contrarian positions it perhaps once was. While CFD traders will take timeframes down and trade intraday flows – long and short – the primary big-picture trend remains higher, so for those who hold for longer than a day, we need to assess the big risk that can cause a 5%+ drawdown. What can cause a reversal? That risk is inflation, and a resurgence of concerns that we move into a far higher-for-longer regime, with rate cuts essentially priced out for 2024. It is my view that equity can hold in and even push higher if expected rate cuts are priced out for 2024, as long the cause is solid growth dynamics. But if the primary reasoning for reduced rate cut expectation is inflation, which causes long-end bond yields to rise (both nominal and real), and volatility in interest rates and US Treasury’s lifts then equity risk premium will rise, and the bears will likely get their 5-10% pullback. For now, the Nvidia show is real, and a feel-good factor runs through the whole sector – The NAS100 breaks 18k, the US500 eyes 5100 and the US30 looks up at 40k. Longby Pepperstone117
NVIDIA Announces Financial Results For Fourth Quarter And FiscalRecord quarterly revenue of $22.1 billion, up 22% from Q3, up 265% from year ago Record quarterly Data Center revenue of $18.4 billion, up 27% from Q3, up 409% from year ago Record full-year revenue of $60.9 billion, up 126% SANTA CLARA, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- NVIDIA (NASDAQ: NVDA) today reported revenue for the fourth quarter ended January 28, 2024, of $22.1 billion, up 22% from the previous quarter and up 265% from a year ago. For the quarter, GAAP earnings per diluted share was $4.93, up 33% from the previous quarter and up 765% from a year ago. Non-GAAP earnings per diluted share was $5.16, up 28% from the previous quarter and up 486% from a year ago. For fiscal 2024, revenue was up 126% to $60.9 billion. GAAP earnings per diluted share was $11.93, up 586% from a year ago. Non-GAAP earnings per diluted share was $12.96, up 288% from a year ago. “Accelerated computing and generative AI have hit the tipping point. Demand is surging worldwide across companies, industries and nations,” said Jensen Huang, founder and CEO of NVIDIA. “Our Data Center platform is powered by increasingly diverse drivers — demand for data processing, training and inference from large cloud-service providers and GPU-specialized ones, as well as from enterprise software and consumer internet companies. Vertical industries — led by auto, financial services and healthcare — are now at a multibillion-dollar level. “NVIDIA RTX, introduced less than six years ago, is now a massive PC platform for generative AI, enjoyed by 100 million gamers and creators. The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward. Come join us at next month’s GTC, where we and our rich ecosystem will reveal the exciting future ahead,” he said. NVIDIA will pay its next quarterly cash dividend of $0.04 per share on March 27, 2024, to all shareholders of record on March 6, 2024.Longby mustaqim.mazuky2
Nvidia's Meteoric Rise: How AI Dominance Propels GrowthUnraveling the Success Story of Nvidia Amidst AI Renaissance Nvidia ( NASDAQ:NVDA ), the trailblazing chipmaker, has once again set the tech world ablaze with its staggering performance and bullish projections. With an unprecedented surge in stock value, Nvidia ( NASDAQ:NVDA ) has firmly established itself as the pinnacle of innovation and market dominance in the realm of artificial intelligence (AI) and beyond. Riding the AI Wave The heart of Nvidia's ( NASDAQ:NVDA ) recent triumph lies in its unwavering commitment to pioneering AI-driven solutions. As the demand for AI accelerators skyrockets, Nvidia ( NASDAQ:NVDA ) finds itself at the forefront, supplying the critical technology that powers an array of AI applications, from chatbots to generative AI services. CEO Jensen Huang's proclamation that "accelerated computing and generative AI have hit the tipping point" encapsulates the zeitgeist perfectly. With global demand soaring across industries, Nvidia stands poised to reap the rewards of this burgeoning market. Exceeding Expectations Nvidia's ( NASDAQ:NVDA ) latest financial report sent shockwaves through Wall Street, surpassing even the loftiest of expectations. Bolstered by a staggering revenue forecast of $24 billion, the company continues to outshine its competitors, solidifying its status as the world's most valuable chipmaker. The fourth-quarter results, which sailed past Wall Street estimates, underscored Nvidia's relentless pursuit of excellence. As the company's market capitalization surpasses $1.89 trillion, investors eagerly anticipate further growth fueled by the AI computing boom. Unprecedented Growth Trajectory Nvidia's meteoric rise is a testament to its transformative impact on the tech landscape. From its humble beginnings as a provider of graphics cards for gamers, Nvidia ( NASDAQ:NVDA ) has undergone a remarkable evolution, emerging as a driving force in the AI revolution. The company's data center division, now its primary revenue generator, witnessed a staggering 409% increase in revenue, signaling the seismic shift towards AI-centric computing. With giants like Amazon, Meta Platforms, Microsoft, and Google among its top customers, Nvidia's influence reverberates across the tech ecosystem. Navigating Challenges However, Nvidia's ( NASDAQ:NVDA ) ascent hasn't been without its challenges. Mounting competition and regulatory hurdles pose significant obstacles to sustained growth. The emergence of rivals like AMD, armed with their own AI accelerators, presents a formidable challenge to Nvidia's dominance. Moreover, navigating complex export regulations, particularly concerning sales to China, requires adept maneuvering. Despite these challenges, Nvidia ( NASDAQ:NVDA ) remains undeterred, doubling down on innovation and strategic partnerships to maintain its competitive edge. The Road Ahead As Nvidia ( NASDAQ:NVDA ) embarks on its next chapter of growth, the possibilities seem boundless. With AI poised to revolutionize industries ranging from healthcare to finance, Nvidia's role as a catalyst for innovation has never been more pronounced. With visionary leadership, unwavering dedication to excellence, and a commitment to pushing the boundaries of technology, Nvidia ( NASDAQ:NVDA ) stands on the precipice of a new era of prosperity. As the world embraces the transformative power of AI, Nvidia's ascent seems destined to continue unabated, shaping the future of technology in the process.Longby DEXWireNews3
AI March Madness (NVIDIA, NVDA)NVDA Mar28 675/630 Bull Put Love this trade here. Profit on the increased options premiums. Breakeven 670.58 MAX Loss 4037 MAX Return 465 If you have questions on how this type of trade works, post a comment. - WillNixxLongby WillNixTrading1
If this is a false breakout, should end soon. NVDA gaps up somewhere close to 15% on positive earnings. This takes us to the max expected spike out tolerance of the 2.61 fib. I love to short things when they are spiking out big levels. Love to short things when they are hyper up over a short period of time and I love to short things at new highs on positive news. So, here I go. Shortby holeyprofit2211
NVDA bull put spread over earningsTaking advantage of volatility. Buy low, sell high. I think NVDA either gaps up small, or opens flat. And we are able to capture the volatility suck. EVEN if NVDA does gap down, trend is SOOO STRONG, people will buy it up eventually. Longby ReallifetradingUpdated 551