What's next for #NVDA ? I see $1200+Lovely continuation pattern $1000 is going to be reclaimed today And with a potential 20% upside. Expect momentum to help push this thing to these projections. Best of Luck Make the most of the meltup! Longby BallaJiUpdated 5514
This is the time to try and shortThe last time NVDA had a meteoric exponential rise of 1500%, it had taken only three months to lose over half of its market cap. This coincided with the monthly RSI being severely overbought. I am proposing we will see the same occur at this level. Not only with the same overbought levels, but nearly double the absolute bottom to top gain we saw from the 2015 era. However, this time we are also at the peak of a trendline on the S&P going back to 1929 when we rejected the 535 level. I am proposing that Nvidia will see a sharp decline possibly to the 600 level within the coming months. Position: 4x 9/20/24 800p. 88% of remaining portfolio is in cash waiting for a 25% retracement on all indexes.Shortby jgdubUpdated 5353124
NVDA BLOWOFF TOP wave 5 of 5 The chart posted in NVDA from an Elliot Wave structure we are clear in a wave 5 of 5 blowoff see chart for details labeling I am looking to take a 75 to 90% long PUTS in SMH and will be Only be buying IN the money and out in 2025 This is the mirror of the low that formed in oct 2022 at fib relationships on a super cycle degree See oct 2022 post A MAJOR BOTTOM by wavetimer4
Sh_NVI believe that there have been price gaps, and NVIDIA needs to drop to close them before continuing the upward trend or undergoing a deep correction. The recent surge is justified by the AI hype, and I expect yesterday's move was intended to trigger the short positions on the stock. Therefore, I anticipate a short-term decline in the stock, possibly this week, as the rapid ascent will likely be followed by an equally swift profit-taking reaction. I'm 90% confident in my trade, and I will close the position if a 15-minute candle closes above the stop-loss level.Shortby KAIM17775
AI Boom Fuels High Expectations for NVIDIA's EarningsThe whole world is waiting for NVIDIA's new quarterly figures, which the company will release this evening. Analysts have already announced new price targets on the upside: there is talk of $1,200, even $1,500. Is this realistic? Yes, both from a technical and a fundamental perspective. The AI boom is just gaining momentum and is unlikely to turn out to be a bubble in the medium to long term, but rather possibly a new Kondratiev cycle. In the larger time frames, we do not see an overbought situation either technically or from the perspective of the indicators. On the contrary, the MACD is poised for a new upward movement in the higher time frames, and the VOLD indicates a healthy upward trend. The presented trading idea is just one of many ways to benefit from the further upward trend.Longby OchlokratUpdated 4
$NVDA slumps as AI hype cools down, Price target :$734 and southThe hype of AI is finally cooling down and the big pump and dump, usually seen in crypto market, is happening on $NVDA. The market went crazy over this stock as NASDAQ:NVDA seems promising with it's GPU and hardware that are quintessential for AI. Now, Investors wants to secure their gain amidst the precarious times of war and election. Fed's policy to keep interest rate as it is signals the inflation isn't tamed. Thus NASDAQ:NVDA will keep falling, Short term Price target : $734 - $677, Medium term Price: $600-$500. This is not a financial advice. Shortby dauliyabishowUpdated 3
NVIDIANVIDIA : Sell Open: 1142 SL: 1200 TP: 955 Nvidia is a leading company in the design, manufacturing, and marketing of graphics processing units (GPUs), central processing units (CPUs), and parallel computing. Founded in 1993, it is headquartered in Santa Clara, California. Nvidia is renowned for its advanced GPUs used in gaming, scientific computing, artificial intelligence, self-driving cars, and other applications. **Reasons for Selling Nvidia Stock:** 1. **Price Increase:** The primary reason for selling Nvidia stock may be its significant price appreciation, prompting some investors to consider profit-taking. 2. **Market Evaluation:** Some investors may believe that the market has overvalued Nvidia, and the stock may be overpriced relative to expected returns. 3. **Sector Risks:** Nvidia operates in the technology sector, known for its rapid fluctuations and transformations. Some investors may prefer to reduce exposure to the risks associated with this sector. 4. **Investment Assessment:** There may be an investment assessment suggesting better returns in other sectors, prompting some investors to reduce their positions in Nvidia and reallocate capital to other investment opportunities. 5. **Financial Return Expectations:** Investors' expectations of Nvidia's future financial returns may also influence their decision to sell, as negative forecasts could impact the stock price.Shortby ahmedqotb1981Updated 2210
NVDAThe price is moving inside upper channel the price will reach the resistant of trend base FIBO i am suggesting going short with stop lose 1300Shortby Tdawly_Official1
Nvidia's Potential Breakaway Cup and Handle PatternNvidia's breakaway gap to the upside on June 3.2024 suggests that the stock could now be targeting a move to it's upside target of1192. Daily Chart Analysis, shows NVDA forming a Bullish Cup and Handle Pattern, at these levels. Keep in mind, that the stock will split 10 x1 this Friday June 7,after the close of trading, so traders now seem to be gunning the upward velocity of the coming split. Note ! LONG STOP at 1000 this week, or at 100 after split, trading June 10,2024 NVDA Last 1122.77 THE_UNWIND Woods Of Connecicut Longby The_Unwind5
Turn NVDIA into10$ a Share Current Position and Market Overview • Current Position: One NVDA call option at $1210 expiring June 7, 2024. • Current Stock Price: $1150 • Upcoming Stock Split: 10-1 split on June 7, 2024. • Next Pivot Point: June 24, 2024 • Fibonacci Extensions: • 0.618 = $1290 • 0.5 = $1265 • 0.382 = $1238 Rolling my NVDA $1210 call exp. June 7 to $1250 call for July/Aug. Selling $1200 puts exp. Sept to collect premium and potentially buy shares post-split (10-1 on June 7). Plan to sell covered calls on acquired shares targeting Fibonacci levels. #OptionsTrading #NVDA This strategy helps you roll your existing options, sell puts to earn premium and potentially acquire shares, and continue earning premium through covered calls.Longby BullishBear19962
NVDA Short: Using another 2 Fib Extension levelsNote that this is the 3rd time that I have suggested to short NVDA. The first time we were fortunate as price gapped up and thus the trade wasn't taken. The 2nd time was stopped out yesterday. And this is the 3rd time that I am calling for NVDA short. The risk-reward ratio is good. Keep it tight.Short02:27by yuchaosngUpdated 6610
Nvidia Unveils Rubin AI Platform: New Frontier in Generative AIAt the 2024 Computex trade show in Taipei, Nvidia CEO Jensen Huang sent ripples through the tech world with the announcement of their next-generation AI platform, codenamed Rubin. Scheduled for release in 2026, Rubin promises to be a game-changer, pushing the boundaries of generative AI and accelerating its integration across various industries. Huang's vision is clear: a new industrial revolution driven by AI. This vision is fueled by the ever-growing demand for high-performance AI hardware, and Nvidia is positioning itself at the forefront of this revolution. By unveiling Rubin alongside the Blackwell Ultra chip slated for 2025, Nvidia is signaling a commitment to annual upgrades in their AI accelerator technology. This focus on rapid development reflects Nvidia's dominant position in the AI chip market, currently holding an estimated 80% market share. Rubin's arrival in 2026 signifies a significant leap forward in Nvidia's AI hardware capabilities. The platform will encompass not just next-generation GPUs, the workhorses of AI training, but also novel central processing units (CPUs) and networking chips. While specifics about Rubin's architecture remain under wraps, some key details have emerged. The platform will leverage the next iteration of High-Bandwidth Memory (HBM4), a crucial component for tackling the data bottlenecks that often hinder AI development. Manufacturers like SK Hynix, Micron, and Samsung are expected to be instrumental in supplying this next-gen memory. Beyond the hardware, Huang emphasized the importance of software and services in democratizing AI. This aligns with Nvidia's recent efforts to expand its software offerings, providing developers with user-friendly tools to harness the power of their AI hardware. It's likely that Rubin will be accompanied by a robust software ecosystem, enabling seamless integration and streamlined workflows for various AI applications. The potential applications of Rubin are vast. Generative AI, a subfield of AI focused on creating new data, is expected to see a significant boost. This could revolutionize fields like drug discovery, where AI can be used to design new molecules with specific properties. Additionally, advancements in natural language processing (NLP) facilitated by Rubin could lead to more sophisticated chatbots, capable of carrying on nuanced conversations and even generating creative text formats like poems or code. However, significant challenges remain. Ethical considerations surrounding bias in AI algorithms and the potential misuse of generative AI capabilities need to be addressed. Additionally, ensuring equitable access to this powerful technology will be crucial to prevent exacerbating existing inequalities. Despite these challenges, the potential benefits of Rubin are undeniable. Nvidia's commitment to annual advancements in AI hardware, coupled with a focus on user-friendly software, positions Rubin as a catalyst for the widespread adoption of AI across industries. As 2026 approaches, the tech world will be watching with keen interest to see how Rubin ushers in a new era of generative AI and its impact on the global landscape. Longby bryandowningqln3
NVIDIA Price Pre/Post SplitGood Afternoon Traders, Here is a copy of the price action prior to the 10/1 split. Provided for historical reference The stock should have been cooked prior to the split, but lets see how many can be enticed to buy at the new perceived lower prices. Looking for the levels marked above and at current price to be tested with continuation or failure. Have a nice day.by vregrdedtrdr0
NVDA monthly chartElliott wave wise, this can be the end of a wave3 on monthly chart. there has been significant reactions to this series of Fibo numbers and even if it has broken up some time, it has come back to the levels as a buy. by trollistUpdated 0
NVIDIA $NVDA - Will NVIDIA hit $1,000 Today?NVIDIA NASDAQ:NVDA - Will NVIDIA hit $1,000 Today? What's next after that? Will Shorts come in? They say 'what goes up ,must come down.' Will this hold true for a juggernaut like NVDA? Also could this turn into a short squeeze? Will non-farm payroll fuel some volatility today? Will it be the perfect storm or just another day in the books? What are your thoughts?by PortfolioBuildersClubUpdated 2
NVDA Targets ExplainedLets be honest, NVDA rules the AI, Tech, and computing world. There is no reason to bet against it. This analysis will be simple. After another bullish push to the upside, there is a buying imbalance above the volume profile. The best price action would be for it to retrace (pull-back) to $1,160, to backtest the Value Area High and sweep the liquidity below the local lows before moving higher. The next biggest area it can retrace to before moving higher would be $1,140.00, the Point of control which is the area the most volume is traded based on the FRVP pull. Lets see how this plays out. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.by Navitility0
$NVDA #Nvidia Update: June 8 ahead of 10-1 stock splitUpdate from previous idea: "Nvidia Corp. shares have certainly seen momentum in the weeks since the company’s stock-split announcement on may 22, up 27%. But while investors can derive some real benefits from a stock being split, the biggest reason prices tend to rise in anticipation is the psychological benefit expected from a lower stock price according to a strategist". (mw) We hit the R5 in this case with the with the positive momentum. We got a double b bounce of the r4 as we wanted for our confirmation. I did as I prev. said I would and adjusted time range. I believe we will see a breakout at around our current price (pos. pull for a retest at r5 in one scenario) but most likely we will get a bigger move from where we currently sit. The move is currently in the bullish favour (but manage your parameters at this stage). We might be due for a correction soon at this phase. by BaseLineTraders0
NVDA America's truth is bitcoin, the dollar will be wrong to follow. BTC CURRENT price = $69,541 NVDIA target price = $1333 (approximately)by nonameeeeeee0
Nvidia Scores a Knockout: Chipmaker Topples AppleNvidia Scores a Knockout: Chipmaker Topples Apple to Reach $3 Trillion Throne In a stunning shift of the tech world's power dynamics, Nvidia Corporation (NVDA) has dethroned Apple (AAPL) as the world's most valuable company by market capitalization. Surpassing the $3 trillion mark for the first time ever, Nvidia's meteoric rise signifies the transformative power of artificial intelligence (AI) and the chipmaker's strategic positioning at the heart of this technological revolution. From Graphics Giant to AI Powerhouse Nvidia's journey to the top isn't a tale of overnight success. The company built its reputation on high-performance graphics processing units (GPUs) - the workhorses behind smooth gameplay and stunning visuals. However, a fortuitous discovery changed the game. These same GPUs, designed for complex graphics calculations, proved remarkably adept at handling the intricate computations demanded by AI. This adaptability propelled Nvidia into the AI arena, where its chips are now powering a vast array of groundbreaking applications. Fueling the AI Engine Several factors have converged to create a perfect storm for Nvidia's growth: • The AI Explosion: The global AI market is on an exponential growth trajectory. As AI infiltrates diverse industries from healthcare to finance, the demand for Nvidia's powerful GPUs is expected to skyrocket. Self-driving cars, facial recognition systems, advanced medical research – these are just a few examples of the areas where Nvidia's technology plays a critical role. • Gaming Goes Beyond the Console: The gaming industry, a long-standing customer base for Nvidia, is experiencing a renaissance fueled by cloud gaming and virtual reality (VR). These advancements necessitate ever-more powerful graphics processing, further solidifying Nvidia's position within this lucrative market segment. • The Crypto Craze: While a volatile factor, the ongoing cryptocurrency boom has undeniably boosted demand for Nvidia's GPUs, as they are well-suited for cryptocurrency mining. This additional demand has contributed to Nvidia's recent surge. Can Nvidia Maintain its Momentum? While Nvidia's current market valuation is a testament to its success, questions naturally arise about its ability to sustain this extraordinary growth trajectory. Here are some key considerations for the future: • The Competitive Landscape: Nvidia's success has attracted the attention of rivals like Intel (INTC) and AMD (AMD), who are pouring resources into developing their own AI-focused chips. Maintaining its technological edge will be crucial for Nvidia to stay ahead of the pack. • Market Fluctuations: The tech sector is notorious for its sensitivity to market movements. An economic downturn or a shift in investor sentiment could potentially trigger a correction in Nvidia's stock price. • Innovation as the Lifeblood: The rapid pace of technological advancement demands constant innovation. Nvidia must prioritize research and development to ensure its products remain at the forefront of AI technology. A New Era for Chipmakers Nvidia's ascension to the $3 trillion mark signifies a pivotal moment for the semiconductor industry. It underscores the immense potential of AI and the critical role chipmakers play in driving technological innovation. As the world embraces AI at an ever-increasing rate, Nvidia stands poised to play a central role in shaping the future. However, the company's continued success hinges on its ability to navigate a competitive landscape, prioritize innovation, and weather potential market fluctuations. Longby bryandowningqln0
(NVDA) nVidia "so close"Custom indicator to track volume against median levels diverting levels of highs and lows. Basically the indicator looks to measure something that offers a view of the direction of shares and whether the shares are pulling or pushing against the price of the stock, or crypto. In this case nVidia is running eerily close to the zero hline. The split is coming up and there will be 10x more shares. Even though the stock split shows definite signs of continued growth and future gains in mcap the timing is correlated as such. The image is on the week length because I couldn't fit the entire image one the day length of time with my computer. The purple line falls as the price gains. The purple line works against the movement of the graph chart in any sense of the word. by CryptocurrencyBlot0
Reversal Day in $NVDAAnother reversal day in Nvidia, but as you can see the stock has a tendency to recover quite quickly.Longby JMS_AZ0
where will $NVDA close this Friday 06/07?Bank of America recently raised its price target for **Nvidia (NVDA)** stock to **$1,500** per share. This implies about **37%** upside from Friday's closing price of **$1,095.45**. The increase in the price target follows Nvidia's announcement of its next-gen AI chip called "Rubin," which focuses on artificial intelligence applications. The company's accelerated pace of AI chip advancement likely contributed to this optimistic outlook. Notably, other analysts have also raised their price targets for NVDA stock, with Goldman Sachs and KeyCorp offering positive projections. Keep in mind that stock prices can be volatile, so it's essential to stay informed about any further developments. 🚀 Longby KhanhC.Hoang0
NVDA: Buy ideaBuy idea on NVDA as you see on the chart because we have the breakout with force the resistance line by a big green candle follow by a large green volume.!Longby PAZINI191