745 was a point of resistance, wonder if it will fall back to thNASDAQ:NVDA - 745 was last point of resistance before earningsby emilio_sforza0
NDVA 775 plus or minus 3 has been hit 5th of 5 ?The chart posted is that of NVDA . I now feel the RISK is at a 10 out of 10 .based on wave structure and the relationships within the waves . last week I talked about 2.618 on a log scale as being an issue and we saw the reaction at that point 733 we then declined in an ABC and wave 2 and 4 were equal . I then labeled the decline as wave4 waves 1 and 5 would be equal at 775 plus or minus 3 so now I can count a 5 wave structure and on NEWS we are also just outside the daily BB bands and at a trendline . Can we extend yes will we ? . I trade only based on MATH and EW . I will now EXIT ALL LONGS IN QQQ this morning and SMH GOOG AAPL and move to a 105% in CASH .BEST of Trades WAVETIMER .by wavetimer2
NVIDIA @ $762?The problem is that we are in a recession time, and the global financial system has crashed by the US Dollar. -- But despite that, the Dow Jones is going up in value one of the companies that is following the Dow Jones is Nvidia. -- Yesterday Nvidia posted positive Revenue earnings and this has led to a significant Gap up!! -- We are in the A.I. bubble. Welcome to the bubble economy my friend. But you can use this to your advantage using the Rocket Booster strategy -- If you dont understand a strategy to use then you wont be able to take advantage of the current bubble economy that is happening -- You need to learn the rocket booster strategy. Rocket boost this content to learn more. -- Disclaimer: This is not financial advice do your own research before you buy or sell anything.YOu will lose money trading take this as a warning!Longby lubosi1
Whats Happening With #NVIDIA @ $762?The problem is that we are in a recession time, and the global financial system has crashed by the US Dollar. -- But despite that, the Dow Jones is going up in value one of the companies that is following the Dow Jones is Nvidia. -- Yesterday Nvidia posted positive Revenue earnings and this has led to a significant Gap up!! -- We are in the A.I. bubble. Welcome to the bubble economy my friend. But you can use this to your advantage using the Rocket Booster strategy -- If you dont understand a strategy to use then you wont be able to take advantage of the current bubble economy that is happening -- You need to learn the rocket booster strategy. Rocket boost this content to learn more. -- Disclaimer: This is not financial advice do your own research before you buy or sell anything.YOu will lose money trading take this as a warning!Long14:52by lubosi1
just a reflection NVDAI am not an expert in stocks, but I will try to explain my idea: if the highs are updated under the publication of NVDA reports, how can it not be considered a potential trap for bulls ?Shortby unemployeddd110
♨ Nvidia stocks are heading Up to recover, after September meltNvidia stocks moved higher in early Monday trading after analysts at Goldman Sachs NYSE:GS added the chipmaker, along with three other stocks, to its flagship list of stock recommendations. Goldman Sachs analysts added Nvidia to the bank's "Americas Conviction List", a step up from the 'buy' rating it assigned to the stock in late August, while holding its price target in place at $605 per share. "Look for Nvidia to maintain its statues as the accelerated computing industry standard for the foreseeable futures given its competitive moat and the urgency with which customers are developing and deploying increasingly complex AI models," Goldman argued. The bank also added cybersecurity group Okta NASDAQ:OKTA , industrial supply group Cintas NASDAQ:CTAS and biotech Quanterix NASDAQ:QTRX to the "conviction buy" list while removing Salesforce NYSE:CRM and Johnson Controls NYSE:JCI . Nvidia, the world's biggest AI chipmaker, forecast current quarter revenues of around $16 billion in August when it published stronger-than-expected second quarter earnings and later unveiled an make it easier for clients to run AI applications on Google Cloud NASDAQ:GOOGL using Nvidia-made chips with deeper integration between hardware and software offerings. "We’re at an inflection point where accelerated computing and generative AI have come together to speed innovation at an unprecedented pace," said CEO Jensen Huang of the Google agreement. "Our expanded collaboration with Google Cloud will help developers accelerate their work with infrastructure, software and services that supercharge energy efficiency and reduce costs." Nvidia shares were marked 3% higher in early Monday trading to change hands at $ 448 /share. The stock is up more than 200% for this year, and reached an all-time high of $487.84 on Aug 29, 2023. Technical picture says, Nvidia NASDAQ:NVDA stocks are still on its positive path, and trading above 6- and 12-months simple moving averages. Moreover the key breakout of technical indicator known as "a Triangle" is happening right here as stocks are recovering form the bearish hug. Longby PandorraUpdated 226
NVDA Critical support area is $409. Several bearish technical signals are forming: 1. a potential head and shoulders pattern 2. a potential island top, a broadening wedge breakdown 3. bearish divergences in RSI and MACD. 4. All Gaps must be filled. 5. Need some more selling today to confirm the breakdown trend as heavy volume but Candle stick showing indecisiveness. Here are the potential bearish targets: $410 $316Shortby wiseinvertor1288Updated 3
NVDA Share Price Soars 11% after ReportNVDA Share Price Soars 11% after Report The signs of concern we wrote about yesterday have largely subsided. After three days of declines, the price of E-mini Nasdaq 100 futures bounced off the lower boundary of the channel (see yesterday's chart) and rose, led by NVDA stock. Nvidia's quarterly report exceeded expectations: → earnings per share: actual = USD 5.16, expected = USD 4.59; → gross revenue: actual = USD 22.10 billion, expected = USD 20.39 billion. According to the head of the company: → Accelerated computing and generative AI have reached a tipping point. → Demand for computing is growing worldwide among companies, industries and governments. → The coming year will bring major new product cycles with exceptional innovations that will help propel the industry forward. In post-market trading, NVDA's price rose 11% to over USD 740 per share. Thus, the price increase for NVDA since the beginning of 2024 is about 50%. The NVDA stock chart shows that: → the USD 740 level acted as resistance in February; → however, taking into account the post-market price, we can assume that today at the opening of trading this resistance level will be broken and in the future, according to the logic of technical analysis, will begin to provide support; → in this case, a rebound will be formed from the lower line of the channel (shown in blue) and a wide bullish gap. It's likely that the excitement surrounding Nvidia's strong report will continue. But the closer the price of NVDA rises to the upper border of the channel (which is located around the psychological level of USD 800), the more signs of overbought there will be on the indicators — therefore, the preconditions will be created for a correction after the extraordinary growth. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen4413
NVDA to AMD Ratio Comparative ValueHere on a daily chart I have the ratio of shares of NVDA to AMD and so the market caps proportions. From September 2022 and for a year NVDA rose more than AMD and so the ratio rose. From September 2023 to January 2024, NVDA fell as compared with AMD perhaps because AMD's rate of rise on a percentage basis exceeded that of NVDA. Since the first of the year, the ratio is rising meaning NVDA is gaining share price faster than AMD. If a trader could switch between these, the ratio represents a way to determine which to sell and which to buy at any given time. Right now, NVDA is the buy until the ratio curve reverses.by AwesomeAvani2
NVIDIA PULLBACK TO 600$Previous IDEAS are on the run, if you're trading OPTIONS, I bet Puts here to 606$, then Rebuy back at that level, For the highest assumptions of this stock might goes brrrr to 1000$, This is the best stocks on all if this happens. Follow for more, 1100$ testing the 7*3 numerology, were almost done the 6*3. Keep updated if you like this stocks. Longby keno1989Updated 4
Natural Gas, Uranium & NvidiaNatural gas has made an epic 2 day rally off the 52 week lows. Looks like the Covid support zone is holding & we can move higher off of tight consolidation. Uranium is into some minor daily chart support, a bounce is likely off the EMA 113. Nvidia reported earnings and had a double beat. This stock was up over 10% in the after-hours. Completely saving and rallying the Nasdaq. Semis will be hot tomorrow, the question is, do they hold their gains? 0by Trading-Capital112
Nvidia (NVDA) Looks to Rally in Wave 5Short Term Elliott Wave View in Nvidia (NVDA) suggests that the rally from 12.4.2023 low is in progress as a 5 waves impulse. Up from 12.4.2023 low, wave (1) ended at 504.33 and pullback in wave (2) ended at 473.20. The stock rallied higher in wave (3) which ended at 746.11. Wave (4) pullback ended at 465 with internal subdivision as a flat Elliott Wave structure. Down from wave (3), wave ((a)) ended at 712.5 and wave ((b)) ended at 727.63. Wave ((c)) lower ended at 696.20 which completed wave A in higher degree. Up from there, wave ((a)) ended at 734.5 and wave ((b)) ended at 713.50. Wave ((c)) higher ended at 744.33 which completed wave B in higher degree. The stock then turned lower in 5 waves impulse. Down from wave B, wave ((i)) ended at 724 and wave ((ii)) ended at 744.02. Wave ((iii)) lower ended at 662.48 and wave ((iv)) ended at 676. Final leg wave ((v)) ended at 645 which completed wave C of (4). The stock has turned higher in wave (5). Up from wave (4), wave 1 of (5) should end soon, then it should pullback in wave 2 of (5) before the stock resumes higher. Near term, as far as pivot at 645 low stays intact, expect pullback to find support in 3, 7, 11 swing for further upside.by Elliottwave-Forecast1
NVDA Evening Star on Weekly TFWhen an "Evening Star" candlestick pattern appears on a stock chart, it suggests that an uptrend is ending and a downtrend is beginning. The Evening Star pattern consists of three candlesticks: a large bullish candle (Day 1), a small-bodied candle (Day 2), and a large bearish candle (Day 3). The appearance of the Evening Star pattern is considered a bearish signal, and it typically indicates a reversal with approximately 71% accuracy. If i'm wrong that good for all the holders inside NVDA.by JudasVespasian1
NVDA: the sky didn't fallIf you have taken advantage of the 20% drawdown in Aug-Sep, then a 16% rally this month, then congrats to you. Right now, the final leg of correction is in progress before the next bull run starts. Today we might have seen the sharp a wave of Y. Things might slide a bit more, but a bounce should be incoming. After the bounce we should see the final leg down, when everyone and their mothers will scream head and shoulders. But, most likely that will not play out the way bears want. Sure, there a lot of room to fall, but NVDA is in a very strong position despite the political drama. If things go down, my bet would be that one of the fib support areas will hold and price will make another ATH by Q1 next year. As for my trading plan, I will sit this one out and wait for a bullish confirmation to enter, rather than shorting this right now.by mukit1Updated 4
NVIDIA Before Quarterly ReportThe market is eagerly awaiting the latest quarterly results from NVIDIA. The share has exploded in recent months and many investors believe that a significant correction is overdue. Other traders have entered the market late and are speculating that NVIDIA will continue to rise. Despite the sharp rise in the share price, there are good reasons for further growth: compared to other big tech companies, the price/earnings ratio is relatively moderate. From a technical chart perspective, the upward trend is stable. However, technical analysis calls for caution: there are clear bearish divergences in the OBV. However, we warn against over-interpreting these signals. Even if there is a correction, this does not necessarily mean that NVIDIA shares will fall dramatically in value. We also expect a temporary decline to the marked area. However, such a decline would be moderate and not the "big short" that many traders are hoping for. Yes, we are bearish on NVIDIA in the short term, but we see a stable long-term uptrend.Shortby OchlokratUpdated 115
Nvidia Stock Drops Ahead of High-Stakes Earnings ReportNvidia ( NASDAQ:NVDA ) has long been hailed as a prime beneficiary of the AI boom, with analysts projecting staggering revenue growth in the fiscal fourth quarter. However, with the stock trading at a hefty valuation and investors expecting nothing short of a blowout earnings report, there's little room for error. Any hint of disappointment could send shockwaves through the market. The recent sell-off hasn't gone unnoticed by seasoned investors. Bill Baruch, founder and president of Blue Line Capital, revealed that his firm had opted to cash in on Nvidia's ( NASDAQ:NVDA ) meteoric rise by selling a portion of their stake. Citing "tremendous call speculation" and a fear of an impending correction, Baruch's move underscores the prevailing sense of caution among market participants. Yet, amidst the sell-off, analysts have been revising their estimates upwards, underscoring the underlying strength of Nvidia's business. Server manufacturers have reported a surge in demand, fueling optimism about the company's near-term prospects. But the question remains: will Nvidia's results exceed even the loftiest of expectations? The uncertainty surrounding Nvidia's ( NASDAQ:NVDA ) earnings report has broader implications for market sentiment. As the fourth most valuable company in the S&P 500, Nvidia's performance could have an outsized impact on the index. With investors hungry for ever-greater returns, the pressure is on for Nvidia ( NASDAQ:NVDA ) to deliver, lest it disappoint a voracious market. In many ways, Nvidia's ( NASDAQ:NVDA ) rollercoaster ride encapsulates the volatile nature of tech investing. As investors brace for the earnings report, all eyes are on Nvidia ( NASDAQ:NVDA ) to see whether it can defy expectations once again.by DEXWireNews3
NVDA: Pre-Earnings Bullish Gartley at SupportThere is a Potential Bullish Gartley at Support on NVDA leading to the earnings report. I'm not sure if it will hold but I have gotten some calls on it just in case and want to archive this harmonic setup.Longby RizeSenpai226
NVDIA dumping regardless of earningsTA may be astrology for men. Lets see after earnings shall weShortby lbo1984665
Nvidia set to report fourth-quarter earnings after the bellNvidia set to report fourth-quarter earnings after the bell NASDAQ:NVDA is scheduled to announce fiscal fourth-quarter earnings after the bell Wednesday in a highly anticipated report that will give Wall Street a sense of how long the AI boom can last. Here’s what Wall Street is expecting according to LSEG, formerly Refintiv, consensus estimates: -Earnings per share: $4.64, adjusted -Revenue: $20.62 billion Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company’s pricey graphics processors for servers. Nvidia’s stock price has soared nearly fivefold since the end of 2022, giving the company a market value of $1.72 trillion, briefly surpassing tech giant NASDAQ:AMZN and NASDAQ:GOOGL Nvidia has to meet elevated expectations stoked by investor appetite for AI companies. Analysts expect Nvidia to post a 240% increase in revenue from the year-ago period, for a total of $20.6 billion, driven by $17.06 billion in data center revenue — the business that sells AI GPUs like the H100. Net income is forecast to surge more than sevenfold to $10.5 billion in the January quarter. Nvidia is also planning to start shipping a new highest-end server GPU called the B100 in 2024. The timing of that chip could affect the company’s growth rate. In the current quarter, Wall Street analysts expect a 208% rate of growth to about $22.17 billion in sales. Nvidia has other businesses, from chips for PC gaming to automotive chips. But the focus Wednesday will remain primarily on its AI GPUs, which make up more than 80% of Nvidia sales. Nvidia became the future Then, things really happened. First, we must account for a 4-for-1 stock split in July 2021. As that happened, tech giants realized those graphical chips could handle lots and lots of data. Artificial intelligence was coming long, and its promoters realized the technology, even the early versions, needed chips that could handle all that data at lightning speeds. by SroshMayi3
Maximum Pain Mystical forece or Reality needs to be considered?Feeling the Burn: Understanding Maximum Pain in Option Trading Imagine a land where options contracts expire worthless, dreams turn to dust, and the collective financial pain reaches its peak. This, my friends, is the realm of Maximum Pain (Max Pain) in option trading. But fear not, for knowledge is power, and understanding Max Pain can help you navigate this volatile terrain. So, what exactly is Max Pain? At its core, Max Pain is the strike price at which the most options contracts (both puts and calls) would expire worthless, causing the greatest financial loss for option holders. It's like a cosmic thumb pressing down on the stock price, aiming to inflict maximum suffering. The Theory Behind the Pain: The Maximum Pain theory suggests that market forces, including market makers and institutional investors, sometimes push the underlying stock price towards the Max Pain level as expiration nears. This manipulation, if true, would ensure a significant number of options expire worthless, benefiting the option sellers while leaving option buyers holding the (painful) bag. Calculating the Painful Point: Max Pain isn't a mystical force; it's calculated based on the open interest (number of outstanding contracts) and the intrinsic value of each option at different strike prices. Complex algorithms crunch these numbers, spitting out the strike price that inflicts the most agony. But is Max Pain Real Pain? The jury's still out. While some traders swear by its predictive power, others see it as more of a self-fulfilling prophecy – traders watching Max Pain might subconsciously adjust their positions, influencing the actual price movement. Trading with the Pain: So, can you use Max Pain to your advantage? It's tempting, but tread cautiously. Max Pain is just one data point and should be used in conjunction with other technical and fundamental analysis. Remember, the market is a complex beast, and Max Pain is just a label, not a guaranteed outcome. Here are some key takeaways: Max Pain is the strike price that inflicts the most financial pain on option holders at expiration. The theory suggests market forces might manipulate prices towards Max Pain. Max Pain is calculated based on open interest and intrinsic value. Its effectiveness as a trading tool is debated. Use Max Pain with caution as part of your overall trading strategy. Remember, the financial markets are full of twists and turns, so always do your own research and never invest more than you can afford to lose. Now, go forth and trade wisely, avoiding the clutches of Maximum Pain (hopefully)! Educationby Moshkelgosha11
NVDA - Evening Star Ahead Of Earnings Is printing an Evening Star candle formation on the week chart, so its potentially ripe for some bearish action post earnings and we may even see a significant pull back. Could be some wild whipsaw, but this looks odds on to go lower. Not advice.Shortby dRends35118
NVDA Will drop todayIn the current overheated market, the Semis have been the main catalysts driven by AI euphoria. Autonomous vehicles are one of the main catalysts for AI and with TESLA's cost reduction and the decrease in demand from China, this catalyst will lose its momentum in the next few months but will recover later part of the year. NVDA will correct after earnings today and settle around 610. The market will take a correction in the next few days but will recover later. Happy trading!Shortby avalirk1