NVDA To The TI can show you how to find great setups like this one. Just follow for more. NVDA 3wk trade top to bottom. Details in the video! Thank you for watching.01:51by Riskitpaid1
NVDA price has shifted on monthly data -- not favoring BULLS.NASDAQ:NVDA (NVIDIA Corporation) Shorter's paradise. Monthly shift has been spotted. NVDA needs to break 500 to preserve hope for upside continuation. Otherwise, the other side will be their season. If breakdown continues, a target at 300 levels is the goal. I'm still hopeful for a turnaround. Net negative volume is quite significant conveying bear dominance. Spotted at 430 TAYOR Safeguard funds always.Longby JSALUpdated 116
Jump on Nvidia’s Pullback: The AI Powerhouse Set for a Comeback After rising more than threefold, Nvidia (NVDA) stock is pulling back, as uncertainty rises, and many investors take profit. However, while it may be a while before shares triple in price again, much suggests that this top AI chip play could again perform strongly in 2024. With this, instead of cashing out/sitting on the sidelines, you may want to enter/add to a NVDA position instead. Why Enthusiasm is Sliding for This AI Chip Winner Nvidia is far and away the leading supplier of chips for the generative artificial intelligence market. Booming demand for these chips has resulted in sales rising by triple-digits on a year-over-year basis, with sequential sales growth set to keep rising by a double-digit pace. Earnings have increased by an even greater extent. Analysts forecast Nvidia’s earnings this fiscal year (ending January 2024) to rise nearly sevenfold compared to FY2023. So then, instead of having continued enthusiasm for NVDA stock, why is the excitement simmering down? Two uncertainties keep weighing on shares. The first concern is uncertainty surrounding interest rates. If the Federal Reserve lowers rates next year, that’s good news for both chip demand, and for Nvidia’s valuation. However, if rates remain at elevated levels, this could slow down a rebound in non-AI chip demand, affect future AI-related chip sales growth, and limit the extent in which NVDA’s earnings multiple could re-expand. Technical Analysis Nvidia Stock movement is indicating a head and shoulder trend with the trough and crest touching the resistance and support level. NVDA is trading near the top of its 52-week range and above its 200-day simple moving average. Investors have been pushing the share price higher, and the stock still appears to have upward momentum. Longby DEXWireNews5
NVDA: First week of November TPs in the chart. A move to the low targets is unlikely because they are situated beyond -3 Standard Deviations with a 0% accumulation. I do believe NVDA is in a unique situation here. It has topped probably ages ago but the rest of the market is keeping it from actually tanking. A bit of a psychology thing that goes like this: "Well, since SPY and QQQ and MSFT are just going for ATHs, NVDA should go for triple or quadruple ATHs". But that thinking is rarely the case in vastly over-extended stocks, absent some fundamental driver to really push it up (see MSFT, lol). So if you like playing a range, NVDA is where it's at as we may continue to see this range-bound behaviour into January before it gets a decent pullback. NOTE #1: I don't mention it in the chart, but the accumulation OVER PH3 is actually around 44%. Meaning its possible, if the rest of the market is bullish, for us to maybe slightly extend past PH3. But probably not, I think a move to PH1 is the most we will see here, potentially PH2. Potentially none, but you should see a threshold break to the upside and at least make it almost halfway to PH1 AT MINIMUM. NOTE #2: I will continue to update this idea with NVDA intra-day levels as this, BA and AMD have been my go-tos for day trades lately. Longby SteverstevesUpdated 101031
NViDiA: $455 | Dumb Money is iN = SELLthose who missed out are adviced to wait at intrinsic value levels $250 zone ARM is listing and those who are in the gains are booking ARM valued at $40bn to $60bn AMD is at $171bn NViDiA at $$1.12T -- artificially pumped only few are on board as show of CONTROL the allocation back to $250 is where friends of the BOARD come in - CEO knows how to game the market from Blockchain to Gaming to Mining Metaverse all the way to Ai next narrative towards $3T should be DEEP LEARNING or COGNiTiVE advisory wait wait wait by senyorUpdated 2227
Can Nvidia Be Knocked Off The AI Top Spot?AMD's recent launch of the Instinct MI300X AI chip marks a significant entry into the AI chip market, challenging Nvidia's dominance. Supported by Microsoft and Meta, this innovative chip positions AMD as a strong competitor in the sector. Analysts predict AMD could capture about 10% of the AI chip market, a notable achievement considering Nvidia's current market stronghold. Following the announcement, AMD's stock witnessed a nearly 10% surge, indicating strong investor confidence in the new product's market potential. In contrast, Nvidia saw a modest 2.4% increase in its shares. Despite this, Nvidia has experienced a substantial 2.15% increase in its stock value over the past year, showcasing its robust market presence. AMD's ambitious goal to achieve $2 billion in AI GPU sales by 2024 underlines their commitment to the Instinct MI300X's success. Meanwhile, Nvidia, currently in a consolidation phase, fluctuates between support and resistance levels of $400 and $500, respectively. The introduction of the Instinct MI300X by AMD heralds a new era in the AI chip market, setting the stage for an intense competition between these tech giants.Longby Sublime_Trading0
NVDIA: Will the 1D MA50 hold?NVDA is neutral on its 1D technical outlook (RSI = 48.753, MACD = 1.350, ADX = 31.640) as the Channel Up since the October 13th 2022 bottom has transitioned into a Rectangle where the stock in consolidating. The price is exactly on the 1D MA50 in the last three sessions, making it a key support for a possible continuation of the uptrend. If it holds, it will continue to follow a pattern similar to October-December 2022 when a 0.5 Fibonacci hold catapulted the price to the 2.0 Fibonacci extension. The RSI trend makes the comparison more easy to understand. The Rectangle pattern is favorable for us at the moment as it provides an extra validation point. We will only buy if NVDIA crosses over its top and as the fractal suggests, target the 2.0 Fibonacci level (TP = 635.00). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##by InvestingScope5
AI Alchemy, The Future of InvestmentsArtificial Intelligence (AI) is no longer just a futuristic concept or a element of science fiction. A revolutionary transformation in technology has propelled AI into a leading force across various sectors of human life. In this context, looking ahead is not just a trend but a necessity. From healthcare to industrial automation, AI is becoming a key element in enhancing our quality of life and providing solutions to complex problems. For example, in healthcare, AI can speed up diagnostic processes, assist in drug research, and improve the efficiency of medical care. In the industrial sector, AI automation can boost productivity, optimize supply chains, and reduce production costs. It's no wonder that AI companies are attracting investors looking to be part of this significant change. Investing in AI Companies as the Top Choice Incredible Growth Potential: AI companies offer incredible growth opportunities. With the increasing adoption of AI technology across various industries, these companies can experience significant long-term value appreciation. Inevitable Innovation: Innovation is the key to success in this digital era, and AI companies hold the most strategic position in creating revolutionary technology. By focusing on developing smart algorithms, these companies can lead in creating new solutions and enhancing competitiveness in the market. Social and Economic Impact: AI is not just about business and financial gains. The changes brought about by AI have the potential to create significant social and economic impacts. Investing in AI companies supports a vision of creating a more efficient, sustainable, and adaptive society. Looking Ahead: How AI Shapes the Future Smart City Development: AI will play a central role in developing smart cities. With systems that can monitor and manage traffic, energy, and public services, smart cities will become the norm in the future. Enhanced Education Quality: AI can be integrated into educational systems to provide personalized learning experiences, assist in evaluating student progress, and create responsive curricula. Energy and Environmental Revolution: AI solutions can be utilized to optimize energy usage, manage waste, and develop green technologies to address climate change. Healthcare Technology Advancements: With AI, the healthcare sector will undergo a revolution with early diagnosis, personalized treatments, and more effective drug development. Conclusion: Looking to the future is not just about predicting trends but understanding how technology will shape our lives. Investing in AI companies is a smart move because it not only yields financial benefits but also supports positive changes in society and the environment. By researching and understanding the impact of AI across various life sectors, investors can make informed decisions and build resilient portfolios for this future full of potential. Longby fardycurry1
Is NVIDIA a Sell Now? When To Sell It?Is NVIDIA a Sell Now? When To Sell It? NVIDIA (NVDA) Stock Analysis! Considering that NVIDIA is in a strong bullish trend the bullish correction is normal. So far the price faced a strong resistance near $500 which is the same zone as when it began the bearish wave before. The price looks like can move down again and the harmonic pattern can help in this bearish scenario. You may watch the video for further details. Thank you and Good Luck!Short06:30by KlejdiCuniUpdated 6621
NVIDIA - H&S pattern signal for a change -SHORTDear All As you can see with this classical book example of H&S pattern this indicates the trend is changing and using the statistical measure for the t/p 316 is the level which also covers the gap in price. Please remember this is just an idea not a trading advise and don't forget when trading keep an eye on a trade or place a s/l to make sure you won't be ruined by the speculation as at the end of the day there is always a chance the market will do something else :) Be goodShortby lb-countsUpdated 4
NVDA double top. Long way down.So looks like a double top on NVDA on 3 day and weekly. I think we could hit the 200d/ma and it could take a year. Long way down. This stock has been super human over the past year though so who knows. Shortby codemonkeytx2210
NVDA short ideaC a bigger pullback for NVDA coming.MACD is turning and we have no real buy block supports. we could fall deep. be on guard and hold your hats.Shortby TopTraderOle115
Shorting NVDA. Try #2!If at first you don't succeed.... Traders, You know I tried this once already. Got stopped out for a loss and honestly, I've been annoyed since. So yeah, this is kind of an revenge trade. Not a good example of how you should trade kids. But again, this is all for your entertainment anyways as I've said all along. Anywho. Here we are at the bottom of my channel. Patent retest! Also, I've redrawn the H&S neckline in a way that does not show confirmation on the daily. That right shoulder looks wonky (sometimes it does), but still appears to be forming. Am I a product of my own confirmation bias. Probably. Time will tell. 30%+ Potential profit on this trade. $460 Entry $317 Target $480 SL 7/1 RRR Def not fin advice. LFG! StewdamusShortby stewdamusUpdated 212166
NVDA Retraced a bit from upper channel of rectangle formation.Is it now time for NVDA to resume the trend upwards?Longby Lachone1
What way are we going?We are many who on the Trading View have noted that Nvida has a head shoulder formation. But what best describes the situation now is a REC. The price fluctuates between two lines that are not parallel. It is also supported by the fact that volume is decreasing throughout the development of REC. There are expressions of indecision among investors, what way are we going? The hypothesis of head shoulder formation still has some signal-worthy as the price is not broken up through resistance at about 500 or upper line in REC. Although this REC is expanding, one must assume there will be a break up or down in relation to the REC. It will provide the direction at least in the short term. Note you must do your own research and assessment before buying and selling. Note I don't own Nvidia directly, but only through mutual funds. by scorpiris224
NVIDIA is forming an ascending triangle As the title says, NVIDIA is forming a bullish ascending triangle pattern. If this particular pattern plays out the technical target price is indicated in the chart.by cerveloistUpdated 118
Nvidia has an inverted head and shoulders pattern on the weekly.Nvidia has an inverted head and shoulders pattern on the weekly. What do you think about the target price range?Longby cerveloistUpdated 4
NVDA falling wedge after EarningsAfter a classic sell the news earning shake out, NVDA looks to have consolidated nicely under 500 Psych Level. Falling Wedge is Bullish, Sellers running out of gas... Got the pop higher in PM up $5 from 478-483... This can easily take us back to 500, FAST. And without Earnings in the way, I think the real 500 Break out is coming. Target 600 1/19/2024. Interesante Options; 12/1 390 C , 12/15 500 C , 1/19/24 500C . Longby Prophecies_R_UsUpdated 337
Weekly Bearish Shark. I'm very much a "M's and W's" guy when it comes to harmonics. I rarely look for or spot these ones with lots of false breakouts. But this looks like a textbook shark pattern. Textbook pic attached for reference. Shortby holeyprofit2212
NVDA: A Dangerous Turning Point (D and H charts).In our last analysis, we warned of a possible correction in NVDA's shares, right on the day they made a new all-time high above $500. The link to my latest public analysis of NVDA is below this post. What's most interesting is that NVDA's shares fell just to hit our target at $476.09, which we set in our last analysis, and apparently, it's working so far. In addition, the $476.09 is very close to the 21 EMA on the daily chart as well, reinforcing this support area. In the two days following my analysis, NVDA confirmed a bearish reversal pattern by triggering a bearish pivot on the hourly chart (as evidenced by the image below). A bearish pivot is a lower high than the previous one, followed by the breakout of the last bottom. As shown in the chart above, NVDA shares were on a rally, making rising tops and bottoms, surfing above the 21 EMA, until on November 22, a bearish pivot was confirmed. The share price quickly fell to our target which is its first support point, but despite being in a good place for a bottom pattern to form, there is still no reaction suggesting such an event. What if NVDA shares don't react at this support? From a technical point of view, it could look for its next support levels, such as one of the Fibonacci retracements as shown below: For now, let's stay tuned, as NVDA is once again in a critical price zone, and we will soon have a clear answer as to whether there will be a reversal, or a continuation of the short-term bearish sentiment. In any case, I'll keep you updated, so remember to follow me for more analysis like this, and support this idea if you like it. All the best, Nathan.by Nathan_BlackUpdated 2220
NVIDIA LogThis chart is based on the Nvidia logarithmic scale. Because of Nvidias explosive move towards the upside these charts can serve as a better way to see the full picture of whats going on. However I find it hard to find price targets because of the way these are done. Nvidia is clearly working inside this massive channel and it's a pretty clear and clean one too. Right now we are at the top of this channel and there is alot of resistance at these levels. Stop Loss is at $507 for this trade. I expect to see Nvidia make some moves down here testing either the 0.168 fib level ($256) or testing the middle of this channel. Testing the 0.168 seem's more likely than the centre of the channel but time will tell. If however Nvidia does manage to break out of this channel, a possible Long position could be looked at when it comes to retest. Although Nvidia is a great company I do feel it's more risky to go long here than it is to go short. I'll be placing stops in profit when we close in on that $400 level, right now that is a key level for where Nvidia can go. breaking $400 opens a potential move to fill that major gap that can be seen on the daily timeframe. SL - $507 Entry - $481 Shortby CJMackinnon1
Above 459 we go up to new highs, below high chance we see $400We're getting alternation between an almost indistinguishable wave 2 and this current wave 4. However, if we breach 459, then we have declined lower than .50% of wave 2 and 3, and although we have NO overlap, the chances are high we are no longer dealing with a wave 4. Therefore I will keep this simple, above 459 and we go higher to complete this larger pattern. Below 459 and I'm 75%/25% on price heading to 400 in a larger wave 4 flat.by maikisch9
Nvidia Short Follow Up - Initial Idea Just a follow up on my previous Nvidia idea that I've shared in the link. I am still running my long term short on Nvidia, last week we saw it go sub $400 before rallying back above $450. In this chart there are 2 lines I'm watching. The first is the newly forming downtrend which it seems to be sticking to at the moment The second in the strong long term uptrend that's held since Dec 22. That trendline was broken recently and now we are retesting it. I believe that momentum is running out in Nvidia and it's struggling to break Higher highs. That doesn't been we wont see a fake out in the coming week but I'm more inclined to believe that towards the end of the week we start to see Nvidia really falling off. My target for end of week $435 or lower. My Main Targets for this Trade: T1 - $373 T2 - $326 T3 - $263 T4 - $203 Once the gap is filled I will place a stop loss in profit and try ride this thing as far down as I can Thanks for reading, NFAShortby CJMackinnonUpdated 6