NVDA End of the year outlookIn case of a bullish HA candle closing I would personally consider NVIDIA as a buy.by M0_BTCUpdated 225
📈🚀Will Nvidia Rise Above $600?💹In the last post on tradingview you saw just the importance of cash flow. -- Do you think cashflow is important? When you decide to trade? -- Cashflow is the life blood of any business. Also you use this fundamental analysis to your advantage. Use: -The Rocket Booster Strategy -Cashflow Analysis -A Good Trading Tool Such as TradingView Rocket boost this content to learn more Risk of Loss: Trading stocks carries inherent risks, and past performance is not indicative of future results. Individuals should be aware that they may lose all or a substantial portion of their investment. It is crucial to carefully consider your financial situation and risk tolerance before engaging in stock trading activities.by lubosi1
Nvidia (NVDA) Breaks to New All-time High, What's Next?Nvidia (NVDA) broke to new all-time high as we start 2024. The stock shows incomplete impulsive structure from the last significant low on October 31, 2023 low. The rally from October 31 is unfolding as a 5 waves impulse Elliott Wave structure. Up from October 31, wave ((1)) ended at 505.48 and dips in wave ((2)) ended at 450.10. The stock then resumes higher in wave ((3)) with internal subdivision as 5 waves. Up from wave ((2)), wave (1) ended at 504.33 and pullback in wave (2) ended at 473.20. Internal subdivision of wave (2) unfolded as a flat structure. Down from wave (1), wave A ended at 480.8 and wave B ended at 499.97. Wave C lower ended at 472.6 which completed wave (2). Up from wave (2), wave 1 ended at 481.8, and pullback in wave 2 ended at 473.20. Stock resumes higher in a nest. Up from wave 2, wave ((i)) ended at 485 and dips in wave ((ii)) ended at 477.30. Stock resumed higher in wave ((iii)) towards 543.25 and pullback in wave ((iv)) ended at 530.18. Expect the stock to extend higher to end wave ((v)) of 3. Afterwards, it should pullback in wave 4 to correct cycle from 1.3.2024 low before it resumes higher. Near term, as far as pivot at 472.6 low stays intact, expect pullback to find support in 3, 7, or 11 swing for further upside.by Elliottwave-Forecast118
NVDA: What Lies Ahead Following A Massive BreakoutNVIDIA (NVDA) shares broke out in one of the cleanest moves you’ll come across. The current 4-day rally is now more than 12% - the best such stretch since the chip designer posted its now-famous earnings blowout and incredible guidance figures in May 2023. NVDA’s rally has helped the Information Technology sector reclaim losses to start 2024. But where will the stock go next? Let’s put on our technician hats and investigate. Following the quarterly results posted in the second quarter of 2023, NVDA went on to trade in a trading range between support near $400 and resistance around $510. That $110 zone is key as we can now add that on top of the $510 level to arrive at a bullish upside measured move price target to $620. That means roughly 14% more upside from the current price. It will be key to watch for a possible pullback to $510 – what was once resistance becomes new support. As it stands, implied volatility on NVDA is moderate at 36%, and the company’s next earnings report is not due out until February 21. So, we may have to pay closer attention to what its industry peers have to say in nearer-term Q4 profit reports. As for NVDA’s valuation, following the technical breakout, the company trades 43.4 times 2024 consensus operating EPS forecasts and under 27 times out-year EPS estimates. Longby mikezaccardi5
Nvidia Long-Term ChartWe are definitely in our wave v of 5 of larger (1) now. In the smaller patterns a move to $650 is not out of the cards...however, please understand your trading the final machinations of a very long term pattern. A breach of the $400 will signal a potential move back to the sub $100 area.by maikisch228
NVDA H4 : SELL CORRECTION (CHART PATTERNS) NVDA H4 : SELL CORRECTION (CHART PATTERNS) NVDA is about to fall in to deep after hitting the highest rose and now looking for resistance to reach the lower support levels again. NOTE: KEEP FOLLOWING ME FOR MORE UPDATES AND ANALYSIS AND INFORMATION ABOUT DIFFERENT PAIRS, INDICES, FOREX, CRYPTO..... by Forex_Analysis_WingUpdated 3311
NVIDIA ($NVDA) Future of AI-Enabled DevicesNVIDIA ( NASDAQ:NVDA ) appears to be on an impressive trajectory, bolstered by the recent unveiling of its GeForce RTX 40 SUPER Series GPUs at CES 2024. These graphic processing units, built on the Ada Lovelace architecture, promise a significant leap in AI-powered PC experiences. The GPUs boast remarkable capabilities, with up to 52 shader TFLOPS, 121 RT TFLOPS, and 836 AI TOPS, setting new standards in gaming realism and AI-enhanced experiences. The introduction of these AI-powered chips aligns well with the emerging demand for AI-enabled PCs. Despite recent challenges in the PC market, including declining demand and economic uncertainties, NVIDIA's forward-thinking approach positions it to capitalize on the growing opportunities in the AI PC segment. PC manufacturers like HP Inc. and Dell Technologies are also gearing up to roll out AI PCs, anticipating a recovery in the PC market in 2024. NVIDIA's transformative technology goes beyond gaming, extending across various sectors such as deep learning inference, generative AI applications, and productivity tools like Adobe Photoshop. The RTX 40 SUPER series chips, equipped with specialized AI Tensor Cores, represent a monumental leap in AI capabilities for PCs, promising users transformative AI experiences. The technical analysis further supports the positive outlook for NVIDIA. The stock is in a rising trend channel, indicating positive development and increasing buy interest among investors. The recent breakout through resistance levels and the positive signal from the rectangle formation suggest a potential further rise in stock price. In summary, NVIDIA's strategic focus on cutting-edge AI chips, its readiness to meet the demand for AI-enabled PCs, and the positive technical indicators make it a compelling investment opportunity. The company's commitment to innovation positions it well in the evolving landscape of AI-centric computing, making NVIDIA an attractive choice for investors seeking growth in the technology sector.Longby DEXWireNews5
Breakout Alert: Nvidia (NVDA)Revolutionary AI-Optimised Graphics Propel Nvidia's Breakout After months of sideways consolidation, Nvidia’s share price broke and closed decisively above resistance during yesterday's session – potentially reigniting the stocks powerful long-term uptrend. Nvidia, a key player in the AI revolution, had an exceptional 2023, with its stock value more than tripling. However, the majority of these gains occurred in the first half of the year. Since summer, Nvidia's stock has been consolidating within a sideways range, as indicated in the chart below. These prolonged consolidation phases within an established trend are not just typical but also beneficial. They facilitate stock rotation, involving accumulation and distribution, which helps prevent the trend from becoming overly stretched. The breakthrough to new trend highs occurred following Nvidia's announcement of groundbreaking desktop graphics processors tailored for AI purposes—the GeForce RTX 40 SUPER Series. This unveiling triggered a substantial 6.4% surge, propelling the stock to close at record highs. Additionally, ahead of the Consumer Electronics Show in Las Vegas, the company introduced other AI-related components and software. Nvidia (NVDA) Daily Candle Chart Past performance is not a reliable indicator of future results A Closer Look If we take a closer look at yesterday’s breakout, there are several technical factors which indicate that the breakout has potential to continue: Backed By Volume: On the hourly candle chart (below) we can see that the breakout was backed by an increase in volume – signalling increased participation. Volume acts as a validation mechanism for breakouts. It provides confidence to traders that the breakout has a stronger chance of being a genuine shift in market sentiment, rather than a temporary blip. Higher Swing Lows: From November to December, Nvidia’s share price had been carving out a series of higher swing lows as the market repeatedly tested resistance. This signals that institutional ‘smart money’ traders were accumulating shares prior to the breakout. Strong Close: Yesterday’s price action saw the shares maintain the breakout into the closing bell. This signals strong demand and reduces the probability that the breakout will fail. Nvidia (NVDA) Hourly Candle Chart Past performance is not a reliable indicator of future results Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Editors' picksby Capitalcom1313541
NVDA NVDA experienced a slight dip from yesterday's high, and currently, it is showing signs of an upward trend. If it surpasses the 528 mark, it could potentially reach a new all-time high.by AmyThongbai0
NVIDIA CorporationNASDAQ:NVDA If you have any questions, feel free to contact me.Longby elmehdisaddatiUpdated 223
Nvda 550 Rising wedge here that probably wont correct until NVDA tags 550 or trendline resistance .. not saying to blindly short at 550 but look and wait for a reversal candle near trendline resistance.. SMH chip sector close to a correction also Daily chart by ContraryTrader8
Nvidia unable to break overhead resistance (speculative short)Nvidia numbers were great but Wall St wanted more. Plus, China AI chip launch has been delayed. Sentiment is turning slightly bearish on the stock and the weekly engulfing bearish candlestick is suggesting lower prices. Long term, I still believe Nvidia is a buy on the overhead resistance breakout. For now, stocks can be placed above 504. Looking for prices to slide below around 440. Shortby mansur7Updated 5
Top 3 Benefits Of Positive CashflowCashflow is the lifeblood of any company on NASDAQ. Its positive impact on a company's financial vitality, stock performance, and ability to seize -- growth opportunities cannot be underestimated. Understanding and effectively managing cash flow is essential for long-term success. -- **Disclaimer:** The information provided above 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.Long17:20by lubosi2
$NVDA classic VCP breakoutnVidia had 5-6 month consolidation with VCP chart structure. It broke out of that yesterday in high volume. Usually this indicates more upside to come if the overall market is conducive.Longby Vinodinvest0
Nvidia & Bitcoin Breaking out!NVDA & BTC are trading in lockstep. Are these behemoths signaling a new bull market? A clear correlation is being observed ahead of the BTC spot etf. 07:00by Trading-Capital2
A perfect example of an Ascending Triangle breakout on the dailyHere we can see NVDA just poked out of this perfect Ascending triangle which aligns with the hourly Cup and handle that we have been tracking. Currently no ceiling in place, and the next demand zone sitting down at the $482-$475 range, which would be my next target if this does decide to break back down. On the flipside, looking like another another Bull flag forming on the 15, would def keep an eye on that. Longby impossiblebull220
NVDA - Upcoming ConvergenceSubject: NVDA - Upcoming Convergence In my opinion, NVDA is setting up for a notable move after upcoming convergence on or around the new year. This is evidenced by a few underlying factors. The recent drop (12/20) was simply a mild sell off to capitalize on the large impulsive move that began around 10/31/23. I believe we see another retest of historical resistance on or around the new year. The price has followed an upward trend, which is showcased in bright blue. This has acted as strong support, directing it towards upcoming convergence at the $497 level. Waiting to see if this forms into a double top pattern or continues to push up after convergence. The Fibonacci retracement levels paint the picture for a continuation after consolidating at the 50% level. This is further supported by a majority of analysts price targets above $500 plus. However, both the RSI and MacD indicators do not showcase strong upward momentum. Based on global factors along with other magnificent seven trends, my general theory is we will see a break above $500 and then consolidate again at the $490 - $500 levels. I am playing things safe right now with Bull Put Spreads and cash-secured puts at the $450 and $470 levels respectively. I see a strong value buy at the $470 - $480 levels - don't mind being assigned. Will continue to update this post as time goes on - we'll see what Santa brings NVDA. by jdmabry2012Updated 115
Nvidia distributionNvidia is clearly in a distribution phase. One fakeout to the top, then it'll drop hard. NFA.Shortby Ben_vouhUpdated 4413
This Final wave 5 can target as high as $650With this mornings breach of $507, and as long as price is above $473, we should now be sub-dividing higher as per the chart attached in our final wave 5 advance to complete a very long term pattern and a very high potential of a MAJOR TOP.by maikisch337
$NVDA new ATHNVDA finally broke above the $500-$505 channel. And created new ATH today. It might pullback and retest again, but the chart looks very nice. I was adding dips on the last 50EMA for a longer term trade. Cheers.by Liathetrader3
Nvidia's Strategic Move into the Chinese AI Market In a groundbreaking move, Nvidia, the renowned US chipmaker, is set to launch its highly anticipated China-focused AI chip, the H20, in the second quarter of 2024. This strategic development comes in response to US export rules and marks a significant step in Nvidia's commitment to maintaining its stronghold in the ever-expanding global AI hardware market. Powerful AI Chip Tailored for China: The H20 chip, part of a trio developed by Nvidia to meet strict regulations, boasts impressive AI capabilities. While initially scheduled for launch in November, the delay was attributed to integration issues faced by server manufacturers. Despite this setback, the chip is poised to make a substantial impact upon its release, with mass production scheduled to commence in Q2 2024. Market Dynamics and Initial Production Volume: Insiders reveal that the initial production volume of the H20 chip will be limited, with Nvidia focusing on fulfilling orders for major customers. This exclusivity adds an air of anticipation, hinting at the chip's potential high demand and creating a sense of urgency for investors to secure a stake in this groundbreaking technology. Potential Reluctance in the Chinese Market: Recent reports suggest that Chinese companies are hesitating to adopt the downgraded H20, exploring domestic alternatives amid concerns of potential tightening of US restrictions. However, the strategic move by Nvidia demonstrates its commitment to compliance, ensuring sustained access to the lucrative Chinese AI market. Nvidia's Multi-Pronged Approach: Apart from the H20, Nvidia has plans for two other chips, the L20 and L2, designed to comply with the latest restrictions. The chipmaker, renowned for its innovative prowess, has yet to announce the sale of any of the three chips. This silence builds anticipation and provides a unique opportunity for investors to position themselves ahead of potential market announcements. Preserving Market Share Amid Export Restrictions: Nvidia's bold move comes after tightening US export restrictions limited its shipment of advanced A800 and H800 AI chips. The H20, L20, and L2 chips, although featuring computing power cut back to comply with regulations, still incorporate Nvidia's latest AI features. This positions the company to preserve its market share in China, a vital market for global technology leaders. Stock Soars on AI Demand: Nvidia's recent stock surge, nearly tripling in value, is attributed to the growing demand for its Graphics Processing Units (GPUs) vital for AI applications. As a heavyweight in the AI sector, Nvidia's stellar performance has significantly contributed to the Nasdaq Composite's 43% rebound, showcasing the company's pivotal role in driving AI technologies forward. Conclusion: As the global AI hardware market continues to expand, Nvidia's strategic foray into the Chinese market with the H20 chip presents a compelling opportunity for investors. The limited initial production volume, potential hesitancy in the Chinese market, and the company's resilient stock performance underscore the unique investment prospects associated with Nvidia. In a landscape where technology stocks are poised for sustained growth, Nvidia stands out as a beacon of innovation and a promising addition to investors' portfolios.Longby DEXWireNews115
NVDADrew these yellow support and resistance lines awhile ago and they are still being respected. A new bullish channel has developed. Its also well know Nancy Pelosi bought $5M of Jan 2025 (or is it Dec 2024?) 120C. Follow the money. Go long!Longby Swing_Trade_Charts1
1HR Cup & Handle NVDATracking yet another C&H on the monster that is NVDA. Let's watch out for the breakout once the handles finishes formation. Longby impossiblebull4411