NVDA Nvidia Jan 25th updateNVDA is on the way to its next resistance box, and should be hit by Friday, then a move down to the 575-555 level will be expected I expect NVDA to maj top in Apr by TheTradersRoom3
Nvidia- I'm Going On A Trip In My Favorite RocketshipNvidia...oh man what a run its had Maybe you are wondering if you've missed out on the run? Maybe you are thinking that, "it can't go much higher..can it? The answer to those questions are: No and Yes I trade strictly off technicals so I will let the chart do the talking Fundmentals are in line too (chips, GPU's, A.I...all stuff NVDA is heavily involved in)Longby Heartbeat_TradingUpdated 556
NVidia looking toppishNVIDIA seems to be near the completion of its wave 3. In log scale, we can easily see 5 waves completed forming the inside of wave 3. In the log scale chart we are also at the resistance area of the line linking the tops. A pullback, possibly all the way down to $400, would be imaginable for a wave 4. We are seeing negative divergence on the RSI-21 week which adds a bit of confidence to this call. New highs in the short term would possibly means that the stock is making extension and going further into its parabolic move.Shortby powerintegral112
NVDA - STILL STRONG but going into resistance in the next weeks Nvidia is moving out of a shorter term flag with strong volume. The move out of the big horizontal channel was a strong expansion. I think 700 could be a point were it could lose momentum. Let's see. The company is quite strong and on point for future trends: -artificial intelligence -drones -gaming -finite element modeling -global customer fitLongby revilo19874
Short Term NVDA strong negative Delta at 622 Orderblock at 624 Take profit at previous key demand Shortby akramsfa6113
$NVDANASDAQ:NVDA remain in this regression line. This regression line while help guide you on where to short or long until it is breach. Good Luck!by AltcoinGem5
NVDA $500 Break on VolumeNVDA has been rangebound since June 2023 and made multiple attempts to break $500. It's been accumulating in the upper half of the zone since the beginning of December, surfing the 50 EMA, and looks ready to breakout above $500 on a volume spike. Accumulation leads to expansion, and NVDA looks primed for another leg up.Longby SWRLSUpdated 119
Nvidia Continues on it's impulsive move towards completionNvidia is trading just shy of it's 1.382% Fib extension level at $609 where we would normally see a wave 3 terminate in the premarket. If price has designs to extend, it will more than likely do so in a wave 3. It will be interesting to see how this coincides with the broader SPX cash and futures market, which appears to be in the exact same scenario. The apparent way Nvidia is subdividing and where it is in the overall count continues to cause me to suspect this entire pattern could complete around earnings time. If this was to align properly, that would mean that earnings will be used as a sell event. Something to keep in mind.by maikisch131313
NVDA: An Unstoppable Rally! How Far Will It Go? (D&W charts).NVDA shares are in a very strong uptrend, and since they broke the previous all-time high around $500 (yellow area), we have been navigating in unknown waters, since there are no more “previous tops” to act as resistance levels to guide us here. Since our previous study, NVDA has made many important movements, so let's update our idea. Remember, the link to my previous post is below this analysis, as usual. In this case, there are a few things to remember that can help us. Firstly, the $ 600 is supposed to act as a resistance, not because it is a technical key point, but because it is a round number. More often than not, the market has a thing for round numbers, especially when it is making new highs, and apparently, NVDA is finding a resistance near the $600 (at least in the short-term). Secondly, since NVDA broke the $500, it also triggered a Rectangle chart pattern seen on the weekly chart, as seen on the chart below: The technical target of a Rectangle pattern is its height projected in the direction of the breakout (as evidenced by the red arrows). This takes is to the $626, approximately. Therefore, although NVDA is having a hard time breaking the psychological resistance at $600, in theory it still has more upside. If this is a buy or not, it depends on your strategy and the time-frame you work, but I understand when I see people worried about it being overbought. If we use a few indicators, like RSI, we see that NVDA is around the 80s area, but there is a problem in determining whether a stock is overbought or oversold using only indicators. On May 2023, NVDA went into overbought territory, as its RSI exploded and I saw many people worried about this. However, the price didn’t correct. In fact, it kept going up, while the RSI dropped, and this is one of the reasons why I don’t trade indicators – I trade price, but I use indicators sometimes as a tool to support my thesis, when I need more confirmation. Therefore, as long as NVDA maintains the pattern on making higher highs/lows, trading above its support levels, the bull trend will persist. For now, there is no technical evidence, price action-wise, suggesting a pullback, and if a pullback occurs, we see many support levels to hold the price, as seen on the chart below, like the retracements, the 21 ema, and in the worst-case scenario, the $500 again. I’ll keep you updated on this, so remember to follow me for more analysis like this, and like this idea to support me. Best regards, Nathan.by Nathan_Black5519
$NVDA COMPLETE ELLIOT WAVE ANALYSISI have identified all the wave counts visible on the weekly chart, and while they make sense to me, I acknowledge the possibility of errors, given my relatively new exposure to Elliott Wave analysis. It's evident that we are currently within wave B in the overarching wave count. Anticipating an elongated wave B due to various sub waves, my expectation is for wave B to reach the designated green pivot area before completing wave C well below the 2022 low.by thekidtrader115
HOW-TO: Use the Universal Forecaster IndicatorHello everyone, I apologize for the delay in posting this tutorial. This is the tutorial for the Universal Forecaster. In it, I cover: 1. What it is, 2. How to use it, 3. Its associated strategy, 4. Its functionality As always, let me know any suggestions, comments or questions for the indicator here or on the indicator page. To view the indicator, you can check it out below: Thanks for watching and safe trades!Education12:24by Steversteves1111
NVDA speculation (bullish stock?)i have been bullish on nvdia for a while seems to be gravitating towards ATH and could produce interesting results . i use wyckoff here and have analysed top down :)Longby sayrylparraUpdated 334
NVIDIA is Wyckoff Distribution Any asset that has a euphoric rise in a short period of time always reverts to the mean. The gap up of 20% leaves a huge demand hole for future appreciation in Nvida. I believe this is a distribution topping phase right now for Nvidia where we’ll see a 40% correction over the next 6 months. First $600? Shortby jasonsilver224
NVIDIA UPDATESPrice still above the range. Too risky to buy, but as you can see they promote so much on AI generations. We are on a robot that operates the human force now, But assumptions this stocks might rally hard. 729$ before it retrace back. This is not a financial advice. COffee for more. Be wise follow the Up only stock market.Shortby keno1989Updated 116
Nvidia's Reign as the AI King: Navigating the Boom Amidst RivalsNvidia ( NASDAQ:NVDA ) stands tall, hitting an all-time high as the AI craze continues its unstoppable momentum into 2024. The semiconductor giant's shares surged over 2% to an impressive $594.91, propelling its market cap towards the $1.5 trillion mark. However, Nvidia's ascent is not a solitary journey, as rivals like AMD and Intel are also riding the AI wave, challenging the industry leader's dominance. The Meta Boost: Nvidia ( NASDAQ:NVDA ) received a monumental vote of confidence when Meta CEO Mark Zuckerberg announced a multi-billion-dollar investment in thousands of Nvidia chips for Meta's ambitious AI projects. In a groundbreaking move, Zuckerberg expressed Meta's intention to build an AI infrastructure equipped with 350,000 Nvidia H100 chips by the end of 2024. The goal? Developing general artificial intelligence with plans to make Meta's AI open source, fostering collaboration across the industry. Hardware Dominance and Cuda Software Moat: Nvidia's supremacy in AI chip development is undisputed, boasting an estimated market share ranging from 70% to 90%. Beyond hardware, Nvidia's Cuda software acts as a strategic moat, empowering developers to create robust AI platforms. This dual advantage positions Nvidia ( NASDAQ:NVDA ) ahead of its competitors, solidifying its stronghold in the rapidly expanding AI market. Rival Onslaught: While Nvidia remains the reigning champion, rivals AMD and Intel are not resting on their laurels. AMD's MI300 accelerator, designed to rival Nvidia's data center accelerators, and Intel's upcoming Gaudi3 AI accelerator showcase the industry's competitive spirit. The battle for market share intensifies as these companies strive to offer cutting-edge solutions in the AI hardware space. The Rise of ASICs: The landscape is evolving further with hyperscalers like Microsoft, Google, Amazon, and Meta investing heavily in developing their own application-specific integrated circuits (ASICs). Unlike the versatile graphics accelerators from Nvidia, AMD, and Intel, ASICs are tailored for specific AI needs, offering enhanced efficiency. This shift poses a potential challenge for Nvidia, as hyperscalers explore alternatives to traditional GPU solutions. Room for Growth Amidst Challenges: Despite the intensifying competition and technological shifts, the AI explosion is only in its infancy. Many companies have yet to fully embrace AI, suggesting a vast untapped market. Even if Nvidia faces challenges to its market share, the overall revenue is poised for sustained growth as the demand for AI solutions continues to skyrocket. Conclusion As the AI landscape transforms, Nvidia remains the undisputed king, navigating the challenges posed by rivals and emerging technologies. The company's strategic partnerships, hardware dominance, and commitment to open-source collaboration position it as a key player in shaping the future of AI. The journey ahead promises both challenges and opportunities, and only time will tell how Nvidia continues to lead in the dynamic world of artificial intelligence.Longby DEXWireNews5
NVIDIA / TECHNİCAL ANALYSIS / 4H As long as the trend line remains unbroken and there are candlestick closures above the support zone of 506-487, there should be no issues with buying. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck Longby TraderTilki3
End of Rally updatedPrevious chart was created from a weekly view but was wrong because of the gap in May 2023 I suppose price will reach around 575-580$ and then start a downmove targeting resistance at 500$ by balinorUpdated 119
NVDA Stock: Buy High, Sell Even HigherNvidia Corporation (NVDA) stock is on a tear, reaching new all-time highs (ATHs) as demand for its artificial intelligence (AI) accelerators continues to accelerate. The company's flagship GPUs are the gold standard for AI training and inference, and its products are being used by leading companies in a wide range of industries, including cloud computing, data center, and automotive. Nvidia's recent earnings report was a blowout, with the company reporting revenue that beat analyst expectations by a wide margin. The company also raised its guidance for the full year, citing strong demand for its products. With AI adoption still in its early stages, Nvidia is well-positioned for continued growth in the years to come. The company's strong fundamentals, its dominant market position, and its expanding product portfolio make it a compelling investment for long-term investors. Not an investment advice do your own DD. Longby SabahEquityResearchUpdated 4425
NVDA H1 : THIS IS CLEAR CORRECTION TO FALL INTO THE DEEP AGAINNVDA H1 : THIS IS CLEAR CORRECTION TO FALL INTO THE DEEP AGAIN This is clear sign to fall the NVDA in the represented target. 500 and 475 are the strong targets in these coming days my fellows. Note: For more updates and information about different pairs of the market like as crypto, forex and much more keep following me.by Forex_789Updated 2219
NVDA: Bearish ABCD above the Trading Range Targeting $272.42NVDA has risen above the trading range but has started to print weaker Bearish candlestick patterns on the Daily as it approached the PCZ of a potential Bearish ABCD pattern. At this point in time it seems like NVDA will fall short of $600 then come back down to its last official support level which was at $272.42, if 272.42 doesn't hold then it could go into the one hundreds or even below $100 to around $80 but $272.42 is the main target.Shortby RizeSenpai8813
NVIDIA: hard to bet against NVIDIAI would like to get in but this beast is increasing every single day. In case of a market crash I am buying on these levels: $534 (MM20) - to follow and update over time $522 (MM50) - to follow and update over time Longby elcoinmusk0
NVDA Wyckoff DistributionIs it the top ? 575-585 ? Wyckoff Distribution pattern, UTAD how high you can go ? Shortby Noveno_Pieter3
Nvidia is at the end of the up trend I expect Nvidia to decrease at least up to the gap area. Maybe more then.by skykhan1