$NVDA good volume last Friday NVDA showing some strength with higher volume than last 3 days and candle is engulfing the Thursday candle. High probability of it staging an uptrend. DYDDLongby Silverbullet1210
NVDA SHORT If NVIDIA (ticker symbol: NVDA) is at a supply zone and is overbought, it suggests that there is a high level of selling interest at that particular price level. This can happen when the stock price has risen significantly, often accompanied by high trading volumes, leading to the overbought condition. Overbought conditions are often seen as a sign that the stock may be due for a potential reversal or correction in price, as it may not be sustainable at those elevated levels in the short term. Additionally, you mentioned NVIDIA is making a channel pattern. Channel patterns are technical analysis formations characterized by parallel lines drawn along the highs and lows of a stock's price movements. A channel pattern typically consists of two trendlines: an upper trendline (resistance) and a lower trendline (support). In an uptrend channel, the price tends to bounce between the upper and lower trendlines, with the upper trendline acting as resistance and the lower trendline acting as support. If NVIDIA is forming a channel pattern while being at a supply zone and overbought, it could suggest that the stock is trading within a range-bound environment, with sellers dominating near the upper boundary of the channel. Traders may look for signs of potential reversal or consolidation within the channel, considering factors such as volume, momentum indicators, and price action, to make informed trading decisions. It's important for traders to conduct thorough analysis and consider multiple factors before making trading decisions based on technical patterns like channel formations. Additionally, fundamental analysis of the company's financial health and industry trends can provide valuable insights into the stock's potential future performance.Shortby MOAZAM1133223
NVIDIA 1000$?The AI chips make NASDAQ:NVDA makes a lot of noise, for those who can wait for price pullback wait below The idea is Buy, but if you want to short this be on your own, This is only my view on this stock, we might see 1000$ or not. if algo can manipulate the 9 number then this valid, if not were going lower. To a stock trader trade at your own risk, to longterm stock holder we wait below. Follow for more. My ideas is always out of your trading basis, so this might not your typical charts for stocks. If youre following me since then you might understand, not all of my ideas is working. Were not perfect so stop blaming someone on your losses. Trade it or own it. Follow for more.Longby keno1989776
5- Nvidia Stock IN Bullish Trend Nvidia after all time high on March 08th traced back to new support level of 840ish and now getting Bullish again in short term and hopefully with all the AI hype may make another ATH.Longby billly4u0
NVDA Analysis of a long tradeA retrospective analysis of a long trade using NASDAQ:NVDA Recently, we have seen many articles arguing that the market is overvalued, the bubble is giving .com era vibes and so on. Whilst there is certainly some truth to such claims, these statements stem from emotional outbursts based on fomo, fear and not knowing where the market is going. As investors/traders we need to have the ability to read the market with objectivity. Here, a customized multi timeframe directional momentum indicator is illustrated. The ideal long entry point coincides with divergence of the long and short momentum lines highlighted by the curved yellow markers. As price moves up, we note that the indicator remains in a consistent trajectory. As the indicator is based on data across multiple timeframes, minor corrections are smoohed out. Recently we have seen some sideways price action but when do we take profits or even go short? There is no straight answer at this point in time. Here, do not attempt to predict a trend reversal ahead of time, but merely try to depict the actions/intent of all market participants on a chart. For a short trade, we would need to see both directional lines move in opposite directions at a gradient of at least 0.6 radians (approx. 34 degrees). by et20tradeview0
NVDA° T00 Expensive?Hell0° A BrRk0ut Is In Pr0gress °It Is N0t Imp0ssible That NVDA Will Bec0me The W0rld's LARGEST St0ck Market Capitalization This Year°by Le-tradeur-de-fortune-and-co0
NVDA Put Plays based on RSI?As I see it, over 90% of the time NVDA reaches 70+ RSI overbought level it makes a small correction. At times, this can be easy to miss, but assuming RSI is combined with other indicators/candles. This may be the basis of my strategy for big put plays moving forward. Take this with a grain of salt as I am a complete noob. Unfortunately the chart has to be 15min to publish, but zooming in under 5-day 5 min chart, the trend is alot more obvious. I've been keeping an eye on it the last two weeks. NVDA may stay overbought for a short time but it always dips at least enough to bring a few pips from properly timed Options.Shortby harmel415113
Nvidia Big Test Coming UpNvidia has been retracting some of it's monstrous gains lately. To stay below the $946 area brings $813 into view as the next downside target. A sustained break of $946 should deliver a new high...however, this pattern higher looks very corrective. I favor $813 before new highs. Best to all, Chrisby maikisch7719
Apr 5 910 callsEntered Apr 5 910 calls for 23.00 A few points to consider here: - NVDA is up 400 points frm my initial buy recommendation in Jan 2024, its completely natural to get a pullback here as the re-accumulation phase completes - If you're long and sell here, you are the definition of weak hands - If you enter short here, god bless your soul Apr 5 910 calls for 23.00Longby JerryMandersUpdated 191966
Nvidia @ $928Hi, I am just from streaming live you should check out my stream here on Tradingview before it goes offline forever after 30 days -- In that stream one of the stocks we looked at was Nvidia and if you watched it I said that when it touches that trend line below you will see a buying opportunity. -- All this is linked to the fact that this stock is in an uptrend Sadly apple stock is underperforming this year -- Anyway, keep your eyes on Nvidia as it is the lowest-hanging fruit for a good buy -- Rocket Boost This Content To Learn More -- **Disclaimer:** The information provided above or below is for educational and informational purposes only. -- It does not constitute financial advice, and trading always involves -- a risk of substantial losses, regardless of the margin levels -- used. Before engaging in any trading activities, it is crucial to -- conduct thorough research, consider your financial situation, -- and, if necessary, consult with a qualified financial advisor. Past -- performance is not indicative of future results, and market -- conditions can change rapidly. Trading decisions should be made -- based on careful analysis and consideration of individual -- circumstances. The user is solely responsible for any decisions made -- and should be aware of the inherent risks associated with trading in -- financial markets.Longby lubosi1
On chip stocks March 22, 24: Which one to chooseWhile NASDAQ:NVDA and NASDAQ:LRCX are trading at their high. NASDAQ:AMD is moving down its own MA50 I love all 3 stocks and have been trading all 3. But at this moment I definitely will move money into the 2 which are near their high. Longby longsonvn1
Nvidia - Volatility At The TopHello Traders, welcome to today's analysis of Nvidia. -------- Explanation of my video analysis: For a decent period of time, Nvidia has been trading in an obvious rising channel formation. We had the last retest of support in 2022 so the rally of +600% towards the upside was actually quite expected. Nvidia is now approaching the upper resistance of the rising channel so there is a quite high chance that we will see at least a short term bearish rejection soon. -------- I will only take a trade if all the rules of my strategy are satisfied. Let me know in the comment section below if you have any questions. Keep your long term vision.02:49by basictradingtv1123
Should Investors be Worried About Nvidia's Business Practices? NVDA is the stock of the current times, but is this driven by real substance or it's it enthusiasm based momentum following fuelled by creative accounting practices? Introduction: NVIDIA Corporation (NVDA), a leading technology company renowned for its innovations in graphics processing units (GPUs) and artificial intelligence (AI) technologies, has recently found itself under the microscope regarding various aspects of its financial practices. This article delves into notable instances that have sparked concerns among investors and stakeholders, shedding light on potential implications for the company's reputation and future trajectory. Unpaid Contracts and Concentrated Revenues: Despite NVIDIA's recent earnings report surpassing expectations, there is growing apprehension surrounding the sources of its revenue in the most recent quarter. Notably, a significant portion of Q2 revenues appears to be derived from contracts that remain unpaid, raising questions about the reliability of reported figures. Moreover, concerns have been raised regarding the concentration of revenue from just 1-2 clients, a potential risk factor for the company's financial stability. Among these clients, speculation points to CoreWeave, a promising start-up partially financed by NVIDIA. CoreWeave's recent acquisition of a substantial $2.3 billion line of credit, using NVIDIA's H100 as collateral, has garnered attention within financial circles. Notably, CoreWeave's primary funding source, Magnetar, a hedge fund infamous for its involvement in collateralized debt obligations during the Great Financial Crisis, adds a layer of complexity to the situation. The decision to leverage H100 chips as collateral raises concerns about the underlying demand for AI chips and whether it is driven by genuine market needs or speculative motives. Former CFO’s Fraud Charges: Adding to the scrutiny surrounding NVIDIA's financial practices is the case involving its former Chief Financial Officer, Christine B. Hoberg. Hoberg faced allegations of fraud, with the Securities and Exchange Commission (SEC) asserting that she deliberately failed to record $3.3 million in expenses related to a deal with a supplier. This revelation not only tarnishes the company's reputation but also raises broader questions about the adequacy of internal controls and oversight mechanisms within NVIDIA's financial operations. Cryptomining Impact Disclosure: Further exacerbating concerns about transparency and governance, NVIDIA recently settled charges with the SEC over inadequate disclosures regarding the impact of cryptomining on its gaming business. The failure to provide sufficient transparency on this matter not only undermines investor confidence but also highlights potential shortcomings in NVIDIA's communication strategies and compliance with regulatory requirements. ====================== One has to wonder what the effect on the broad markets would be if it transpired those who claim NVDA is all a fugasi turn out to be right. Shortby holeyprofit4
NVDA I purchased it at the dip level I mentioned last week, around $852. It seemed to lightly touch the support area, as I observed many buyers waiting to re-enter the market at that level. My next targets for tomorrow are $923 and $937.Longby AmyThongbai1
NVDAThis is my current analysis for NVDA- I can see one last short squeeze before further downside.by Stockplayss2
NVDA - At 1000$ mark before end of the week ?NVIDIA's chart is getting interesting. There's a chance we might see a breakout towards $1000, and here's why: Elliott Wave Triangle in Play? Sharp traders might have noticed a possible Elliott Wave triangle forming. This pattern often appears before a significant price movement. Right now, it looks like wave E (the last one) is unfolding. If it breaks above the resistance line, things could get exciting! Here's the breakdown: Triangle Pattern: Notice how the price has been stuck in a tightening range? This suggests indecision, but it can also build up buying pressure for a potential breakout. Wave E: If this is the final wave, a clean break above resistance could be the key to unlocking that $1000 target. So, if the triangle plays out as expected, we could be in for a nice 15+% run. Just be sure to manage your risk carefully. For experienced traders looking to maximize gains, strategically buying near the bottom of wave E could be an option. This minimizes risk by entering before a potential breakout, but remember, it requires active management and a good trading plan. Longby ElliottWaveBelgium2216
Roadmap for Elliot Break Pattern. Note - this analysis is entirely contingent upon a high being made here. A new high annuls the analysis. All this is doing is mapping out the typical swings we see in a break as part of prep for dealing with one if it comes. Betting the high is in here in speculative (I have puts, but it's a high RR setup). Follow up to: As discussed in the last post, there was the classic bearish signal which I hate because I know most of the time this makes some sort of bull trap or even a spike out high/new trend high. However, if we're going to complete the classic shallow bull trap, we'd be around the high of that now. So here's the break plan if it happens. First drop bounces around 1.27. Retests the break. Capitulation leg to 2xx fibs. Probably a retest of 1.27. Rejection from 1.27 can set up stronger downtrend. Shortby holeyprofitUpdated 447
One more new high for NVDAThe bullish sequence in NVDA is incomplete. It needs one more new high. Compared with other tech/semi-conductors like AMD and SMCI which have already broken down, it is possible that NVDA would be the last giant standing making a new ATH while the others made a lower high before everyone rolls over.Longby TraderBwaterUpdated 3
Nvidia in symmetrical triangle.Trade idea NVIDIA - 48h expiry - We look to Buy at 870.50 (stop at 846.50) As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. This has resulted in a large symmetrical triangle formation being posted on the intraday chart. Trend line support is located at 870. The bias is to break to the upside. The primary trend remains bullish. Trading close to the psychological 1000 level. Trading has been mixed and volatile. Our profit targets will be 930.50 and 940.50 Resistance: 905.50 / 924.08 / 938.50 Support: 890.00 / 870.00 / 850.10Longby Signal_Centre15
NVDA is at its peakNVDA is about near its top if it hasn’t reached it already. It could send feelers up towards the 915 level by mid April but I doubt it. It’s about to begin its descent to 580. Three possible paths, all of them lead to 580. The most likely path, since I expect it will drop as quickly as it rose, is it will make large gaps down at these levels: 775 by mid June 680 around mid August 640 by the end of February 2025 580 will be the bottom in June 2025 However, it could jigsaw its way down in which case it will take these levels 820 by the beginning of Oct 720 November 640 February 580 June Least likely scenario: A single dramatic plunge to 550-570 by August Slow ascent to 640 Feb Drop back to 580 by June Shortby fmpax22114
NVDA March 20, 24: A High Tight FlagOn March 20, 24, NASDAQ:NVDA is moving in this high tight flag pattern. I am looking for an entry if this stock will move out this flag on high volume.Longby longsonvn3
NVDA: Where to next?I didn't post a weekly idea on NVDA because there was no clear setup. Don't get too excited, there still isn't :-P. For the last little while we have been confined in this wedge pattern. It actually broke down from the lower trend line today quite susbtanitally but we ended the day reclaiming it. We will go to the top of the range most likely in the 920s. I honestly don't doubt this one bit. Taking the current uptrend on the hourly timeframe and plotting it back from October of 2022, these are the hourly ARIMA results from now till the end of the week: 927 is our EOW 80% level. 940s are our 95% level. It continues to limit downside and predict upside, both when using full history and when using the October low trend. Because I have the data and model trained already, let's run it for the rest of this week and all of next week (a total of 42, 1 hour candles, because Remember next week is a short week!): 971 is our 95% for next Thursday. If we make some great progress this week to the 80 or 90 range it will push the forecast up a bit more (towards the 1,000 mark that everyone is watching). Let's see what happens into EOW and we can process the new information. I will probably post the updates as an addendum to this idea, so stay tuned if you are interested! Safe trades everyone!Longby SteverstevesUpdated 1116