NVDA | Towards the Buy ZoneNvidia is falling off a cliff here. The area I'm interested in buying is the green box between the 0.618 fibonacci retracement and the quarter high of the trading range. There is also good confluence at this point with the daily MA-50.by taika8081
Nvidia ($NVDA) Plunge 10% on Friday's Trading SessionThe recent tumultuous journey of this AI-chip giant has left both seasoned investors and keen traders on edge, prompting a closer examination of its trajectory and potential future movements. The Magnificent 7 Retreat: A Sector Under Scrutiny NVIDIA's recent 10% plunge, amidst broader market jitters, signals a sobering reality for the so-called 'Magnificent 7' of U.S. mega-cap tech stocks. As the first-quarter earnings season unfolds, concerns over stretched valuations and macroeconomic uncertainties have cast a shadow over the sector. From Tesla to Meta, Microsoft to Alphabet, the tech behemoths are facing heightened scrutiny. NVIDIA's sharp decline, coupled with losses in other tech giants, underscores the fragility of market dynamics and the daunting challenges ahead. Unraveling the Rout: Understanding the Catalysts The catalysts behind NVIDIA's downward spiral are multifaceted. Super Micro Computer's decision to withhold preliminary earnings data served as a trigger, amplifying anxieties across the AI sector. The lack of guidance from related stocks and concerns over earnings reports have exacerbated the sell-off, eroding investor confidence. Moreover, broader macroeconomic factors, including the Federal Reserve's stance on interest rates and geopolitical tensions, have added to the market's unease. The ripple effects of these uncertainties have reverberated through NVIDIA's stock price, intensifying the volatility. Charting the Course: Long-Term Resilience Amid Short-Term Volatility Despite the recent turbulence, NVIDIA's long-term charts paint a picture of resilience. From its origins in the Bitcoin mining frenzy to the post-COVID rally, the stock has weathered multiple bull runs and bearish phases. While short-term moves may sting, the long-term bullish trend remains intact. For long-term investors, maintaining a keen eye on support levels, particularly the critical $660 mark, is imperative. Any breach of this level could signal a potential shift in sentiment and warrant reevaluation of investment strategies. However, as of now, the stock's upward trajectory remains promising for those with a patient outlook. Balancing Risk and Opportunity In the wake of NVIDIA's recent downturn, navigating the path ahead requires a delicate balance of risk and opportunity. Traders must exercise caution, particularly in short-term positions, while remaining vigilant for potential rebounds. Establishing robust stop-loss measures and closely monitoring key resistance levels can mitigate downside risks and capitalize on potential upside opportunities. Whether considering long or short positions, prudence and foresight are indispensable virtues in the volatile realm of NVIDIA's ( NASDAQ:NVDA ) stock. Conclusion: As NVIDIA's rollercoaster ride continues, finding stability amidst uncertainty is paramount. While the market may sway with each earnings update and geopolitical development, steadfast investors recognize the enduring value of NVIDIA's innovations and adaptability. In the face of short-term fluctuations, the long-term trajectory of NVIDIA's stock offers a beacon of hope for those willing to weather the storm. By charting a course guided by diligence and insight, investors can navigate the turbulence and emerge stronger on the other side.by DEXWireNews2
(NASDAQ:NVDA) Warning: Nvidia's Stock Faces Impending Correctionand Undervaluation Despite Strong Fundamentals! 1. Potential Price Dip Below $500.00: Despite strong fundamentals, there's a possibility for Nvidia's stock price to fall below $500.00. This suggests a cautious outlook, indicating that market conditions could lead to downward pressure on the stock. 2. Anticipated Correction: There's a looming expectation of a significant correction in Nvidia's stock, signaling a potential shift in market sentiment. Investors should be vigilant and prepared for this correction, as it could impact short-term price movements. 3. Key Levels to Monitor: It's crucial for investors to pay close attention to key levels in order to maximize profits and mitigate risks associated with Nvidia's stock. These levels serve as important indicators of potential price movements and can inform trading decisions. 4. Undervaluation and Revenue Opportunities: Despite the possibility of a correction, Nvidia is viewed as deeply undervalued. Engaging in short out-of-the-money deals could present additional revenue opportunities for investors. 5. Upward Potential with Caution: While Nvidia has the potential for significant upside, with a projected increase of up to 25% from recent highs, caution is warranted. Before reaching these highs, a correction ranging from 15% to 25% is anticipated, which could fill a price gap and potentially attract the price towards the 200-day moving average as a support level. 6. Short-term Target: In the short term, a target range between $742.17 to $688.85 is considered plausible. This indicates a more conservative outlook for Nvidia's stock performance in the immediate future. In summary, Nvidia's future stock performance appears to be influenced by a combination of factors including potential corrections, undervaluation, revenue opportunities, and short-term targets. Investors should carefully analyze these factors and market conditions to make informed decisions regarding their Nvidia holdings. 🚀🚀Boost this idea to reach more people like you! 🚀🚀 NFA PLEASE, DYOR/MYOD!! Hope to See your Likes 👍 to Support My Work To Follow All My Ideas, Go to My Profile and Select the Follow Green button 😁 Please Re-Evaluate Before Make Your Last Decisions Check my Profile for more.Shortby Decodingthemarket5528
NVDA - the way it's meant to be played™Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support. After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective. Moreover, the green zone around $650 is a strong demand zone. 🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand zone and blue trendline. 📚 As per my trading style: As #NVDA approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richby TheSignalyst1117
Buying the Opportunity: NVDA BTDDespite the recent market downturn, the long uptrend and strength of Nvidia and Meta remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility. Risk-Reward Profile: While investing in any stock carries inherent risks, the risk-reward profile for Meta and Nvidia appears favorable at current levels. Despite short-term losses, utilizing volatility to compute a close stop-loss level can effectively manage risk in this negative environment while leaving ample room for potential gains. This strategy, frequently employed by seasoned traders, maximizes opportunities in turbulent markets. Stop level: 810 Weekend Factor: However, it is important to keep in mind the negative exposure to war-related news associated with any long trade carried before the weekend. There's no guarantee that Monday's open will align with or exceed the stop level, potentially resulting in larger losses than anticipated. Therefore, investors should carefully assess their risk tolerance and adjust their positions accordingly. *************************** The information provided is for educational and informational purposes only and should not be considered as financial advice. Investing in stocks carries risks, and individuals should conduct their own research or consult with a financial advisor before making investment decisionsLongby Carlos_F_444Updated 1
NVDA would come down to around $600 and then again goes up from NVDA would come down to around $600 and then again goes up from Longby relevantMind205152
NVIDIA (NVDA) Slumps 10% Consecutively for 5 Days NVIDIA ( NASDAQ:NVDA ), a prominent AI technology firm, has experienced a significant 10% decline in its stock over the past five days, leading some to speculate that the company's AI bubble may be bursting. This downward trend could be indicative of a broader bear season in the AI ecosystem. One potential cause of NVIDIA's recent decline is the disruption of its business model. The company does not directly manufacture chips; instead, it designs semiconductors that are produced by the Taiwan Semiconductor Manufacturing Company. Some of NVIDIA's key clients, including Meta, Amazon, OpenAI, and Microsoft, have recently begun designing their own AI chips, resulting in a loss of market share for NVIDIA. Intel and Google have also recently launched competing AI chips, including Gaudi 3 and Axion, further threatening NVIDIA's position in the market. Despite these challenges, some analysts argue that the AI bubble has not yet burst. Bryan Beal, a top business executive, has suggested that NVIDIA's recent decline is not indicative of broader market trends. Rather, it is a reflection of the company's specific challenges. Moreover, NVIDIA's market capitalization, which reached $2 trillion in February 2024, remains higher than that of Alphabet and Amazon, making it the third-most valuable firm in the United States. However, the recent economic data and inflation reports have caused markets and policymakers to lower their expectations for interest rate cuts, which has in turn caused tech stocks, including NVIDIA ( NASDAQ:NVDA ), to waver. At present, NVIDIA's stock is trading at $762 on Nasdaq, having experienced a 10% decline in the last 24 hours and a decline of over 14% over the past five days. Overall, while NVIDIA ( NASDAQ:NVDA ) may be facing challenges in its AI business, it is still a major player in the market and is likely to continue to play an important role in the development of AI technology.Shortby DEXWireNews2
Major Nvidia Sell SignalThe breakdown action of NVDA on 04/18/24 and 04/19/24 could have long-term consequences. Monthly RSI has a bearish cross of its moving average line. Also Monthly Stochastic has bearish lines cross. These signals have not occurred since December 2021. Subsequently NVDA decline 69% from its November 2021 top. If NVDA now has a similar decline it could fall to the low 300 area. Shortby markrivest3315
$NVDA another PMG short opportunity to 525 ! Be Water My Friend.NASDAQ:NVDA is looking poised for a PMG phenomenon not to be missed. Short sellers will be jumping on bad sentiment to hunt for Low of each candle. That is the STRAT methodology! It works. Bears do all the easy money earning 3 to 5x faster than a Bull! But not easy to short.Shortby Silverbullet1213
NVDA point of MSTR development. Matching the MSTR pre movementNVDA point of MSTR development. Matching the MSTR pre movement to the NVDA post movement.by FederalXBT0
NVIDIA April 24Nvidia, do your own M M Targeting Discount 50% fib ( 684 ) & 61.8 fib ( 615 )from LastLow 393 ~ HigherHigh 975 Buy plan, Purple -Range 725 ~ 663 -Fomo : buy at 1st touch -Safety but possible too late: buy at 2nd touch purple box or wait confirmation technical / news try to get the Avg holding at 700 or under, as long as the price D1 closed bellow 787 Escape plan, Blue -Avg Down, Range 628~600 to get Avg price under 690 -Cutloss / Partial sell : Nearest SBR base at 690 -2nd option, put into your Invest account, as long as the price W1 closed above 500, its still good for long term. Target Plan, Green-Purple -Head of HH range: 897~975 -To continue up trend , W1 need to closed above 975. No retrace if the NVIDIA boosted by news. Otherwise Buy price Avg Up could be at 930. And keep the Avg holding price under 833 when doing avg up Longby Raiden_R1
nVIDIA Important Key LevelsnVIDIA Important Key Levels 683-752/711-827 -- Next important trading Range by XDataAnalyst1
🩸 $NVDA The pain has started. Bounce or more breakdown?NVIDIA hovering on $758 support. Right as we predicted, tide has switched fast and furious downwards. Mapped out in Blue line where we predict prices to go with price targetsShortby JK_Market_Recap3
NVDA: Week of April 15And finally, NVDA. Setup is beraish on the 4 hour, with the immediate point being the yellow line in the chart. We usually overshoot these Heikin ashi setup targets so look to the calculate low targets starting at 849. I was thinking we would fall back down into the gap support and then break below it (the purple box), however, owning to that over-zealous squeeze on Thursday, the gap is well below the calculate targets and lately NVDA doesn't really go lower than the third calculated low. So I have doubts we will see a move back to the gap range absent any major catalyst next week, but it is a real possibility so just keep an eye on that area if we do indeed sell. NVDA already fell below the bearish condition in post-market on Friday. So unless we see some crazy gap ups, we should open below it. I was going to run time series forecast on NVDA to help identify the longer picture but haven't had a chance. And was also going to check insider activity but the same applies, haven't had the opportunity yet. As I have indicated in other previous ideas, the setup on the week is extremely damning putting our min target sub 700. Whether or not it saves this for a larger market correction or does it over the course of weeks to months, I am not sure. NVDA is a bit of a market follower, so if the market finishes its pullback before NVDA snags its sub 700s then I would haphazard a guess that it will get pulled back up. I just take NVDA day by day, week by week and I think its probably the best move for right now. Safe trades everyone! by SteverstevesUpdated 161668
NVDA - SHORT TERM - Buy AreasI think we have a little ways to go, next liquidity zone. Box is where im going for calls. I will leverege in heavy at 433.80 area, Heavier at 722 50% retrace. Today was crazy... Longby Smart_Money_Cpyder3
Nvidia Bigger PictureYES, #Nvidia still in an uptrend on higher time frames. A roll over always starts from the smaller time frames & can cascade to the higher ones if the extend for long periods of time. Very early. Probably why there is still so much complacency, ther is no urgency right now.by Badcharts4
$NVDA - $300 First Price Target at GapStock is overbought and is overextended. There is a major gap at the $300 level that will need to be filled. Semiconductors have also always been cyclical, and have seen major drawdown on their stock every cycle after major run ups. Shortby TheTradingStar446
Nvidia Massive Break of SupportJust one week ago NVDA looked like it could reach 1,000. Todays massive break of support now makes it more likely to reach 500. Only one Stochastic line has reached the overbought zone. RSI is above the oversold zone. Shortby markrivest778
NVIDIA SHORT NVIDIA SELL ENTRY - $840 CURRENT PRICE - $762 #SPY500 #NAS100 are looking weak at the moment obv trending down Shortby SpecuVisionary0
Typical bubble chart - how high will they pumpTypical bubble chart, will be interesting how far they pump it. Will drop like a stone anyway at some point.by T-r-XUpdated 141412
$NVDA - Where can it go?NASDAQ:NVDA (NVIDIA) Finally, the double top did it in! It is on the edge of the gap that was left behind after the last earnings report (ER). It would be a good entry if it drops to the 50% Fibonacci retracement and fills the gap. With the RSI (Relative Strength Index) being close to oversold, I am not sure if it will fully close the gap. The full measured move of the double top is the $720 area. So, I am watching that area for any signs of stabilization.by PaperBozz0
Monthly RSI Divergence confirmed for $NASDAQ:NVDA NASDAQ:NVDA I made a post about 6-7 weeks ago highlighting the potential for a triple bearish divergence on the monthly RSI for NVDA. The RSI has now rolled over in coordination with the trend line I had drawn back in February. The selling pressure we are seeing coming into this weekly candle close is further confirmation that this chart can pull back much further as we have seen in previous corrections. There is still a lot of room to go to the downside and a lot of profit potential in buying long term puts for this stock. The put options I accumulated in the past 6 weeks are in profit, but I am looking for much lower prices to come. Keep in mind, due to the rapid expansion this chart has seen, a 50-70% pullback could actually still be apart of a multi-year macro uptrend (note the previous corrections were still higher lows). Shortby crypto4770
$NVDA puts Clear bearish divergence on the monthly timeframe. I expect this correction to be much deeper than the previous two which are shown. I will be watching the monthly close next week for confirmation. Shortby crypto477Updated 232346