Here's a neat little POTENTIAL setup.
I added a projection line.
I probably shouldn't have added a projection line.
It will probably make me look stupid in a few months to a year.
Or maybe even right now.
Depends if you like my charts or not.
Or have just recently followed.
This chart is a little more longer term.
Do I think NVDA crashes some 32% to $620...
Executive Summary:
Our comprehensive analysis of NVIDIA Corporation (NVDA) encompasses a multitude of technical indicators and fundamental data. As of the latest observation, NVDA has exhibited a mixed sentiment, warranting a nuanced approach for potential entry and exit points. The current market position presents a speculative upside target of $993.62, aligning...
Rising wedge = bearish build... into the Megaphone Resistance...
Adding to conviction of 800 break down again soon... Probability going up on Puts
Be Water - Prof
Nvda bounced off support, causing a 4-hour time frame double bottom. Yet, it is getting rejected at the 830-supply zone. Bringing 770 back on the table with a possible fall though. Enter a short position here.
Same as last NASDAQ:NVDA post. Megaphone resistance breaking or holding right now might be a bulltrap or a breakout. AMEX:SPY bounce is ridiculous btw haha.
I want lower prices. Fast, otherwise tomorrow looks like squeezed shorts on the menu...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher.
I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels.
Even though price seems to be forming a H&S top, I'm not sure that we break down here.
I think the most likely scenario is...
🔴 Resistance - 799 🔴
🚀 Target - 808 - 818 🚀
🟢 Support - 792 🟢
🚀 Target - 774- 760 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
This is for any gambling men out there... I see structures... My 6th Sense...
Fib levels are targets and support...
I think this idea/chart speaks for itself.
NASDAQ:NVDA puts feel cheap right now.
This is a CHEAP IDEA , not high prob like I try with a lot of my posts...
The stock is completing wave v of (c) of a higher degree C. I'm anticipating price to drop further to fill the gap that was created in the $700 range. Here, we'll be preparing to buy.
As I look at the price action of this stock, and the chart in particular, I currently see two things in April 2024; one is double top over 4-5 sessions, which could cause an imminent drop to mid 700s and beyond, the second is the lunge to 758 a very key area of resistance that was support which could push this to the next leg. As earnings approach, this could...
NVDA 1 week chart printed the same Fib TSI bearish signal pattern in the week of March 25th 2024 as it did in the week of November 22nd 2021. I'm going to make a bold statement and forecast NVDA stock price to be 345 by April 2025. I'm retracing this target as 346 is NVDA high price in the week of November 22nd 2021, so that would be a natural support level in a...
Details in the Chart!
NVDA have 2 potential Setups:
1. A Bearish H&S Pattern: Price broke down the neckline , retested the neckline and now heading down to potentially complete the H&S Pattern
2. A fill the Gap setup. The Gap fill will be completed in the zone marked with green rectangular box
Both setup indicating a bearish movement toward 750-660 Zone.
This idea is based on the need for price to close a gap i.e. GAP UPFILL.
On the 1-hour time frame, Nvidia posted a gap on the 24 th Feb 2024. This gap spans
$680-$740 and remains unfilled.
Price topped at $975 on 9th March 2024, and then went into a distribution consolidation.
In April 2024 we have seen a break and retest of this consolidation.
This idea...
Gann says we're probably due for a major pullback on nvda. Could see a move down to around 700 in the coming weeks or months. Wait for a test of pivot highs then short
Immediate negative outlook for NASDAQ:NVDA with:-
#1 the bearish engulfing candle,
#2 accumulated volume hitting 1.9x standard deviation implying a climatic topping,
#3 +4x standard deviation on the daily MACD and +5.3x standard deviation on the weekly MACD.
Taken together, this looks like a climatic topping act NASDAQ:NVDA ion for a parabolic surge.
