Tipple top on NVDA Based on what could be a possible triple top, the cme gaps @ $423 and 319 this could make this stock easily fall. Sounds like the S&P sold 600 billion in one hour today. Possible double top on the SPY. Just things to consider when buying. Would love to hear your thoughts!Shortby DFUZZY1997
Nvidia - Watch The Channel PatternHello Traders, welcome to today's analysis of Nvidia. 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.by basictradingtv8820
NVDA: On WatchThe AI boom has recently put nvidia into a massive bull run, being one of the largest names in the AI industry. Initially many expected a correction just as quickly, but price seems to be holding. We have been in a horizontal channel for quite some time. Support and resistance levels have become very clear, and we are right at the tip of resistance. We could see a breakout and new high any day now. by evanwest0
buy Nvidia at cmp 500. target 1400.cup & Handle in nvidia . buy @ 490-500. Target 1400 in a year. Longby uniproadvisory0
Nvidia decides to keep us guessingThe last time I updated Nvidia I stated that below 459 there is a higher chance we decline closer to $400. Read my last update here. Price did decline to breach $459 and we have subsequently moved to the upper trading ranges but have yet to make a new high. Below the previous all-time high of approximately $506 I still favor a move down closer to the $400 area.by maikisch8
NVDA - Bullish Cup & Handle FormingBullish Setup - Cup & Handle Why I Like It: 1) Retracement to cup bottom isn't TOO deep (11% off of resistance highs) 2) Handle retracement isn't too steep or far ($490) from cup resistance levels ($505) 3) Good bullish trend has been established leading into consolidation (20 day > 50 day > 200 day) 4) This feels like a good 'cool down' as price is reverts back to 20 & 50 day SMAs before next move Price Pattern Details: Cup Height: ~$50 Cup Resistance: ~$505 Ideal Breakout Target: ~$555 More Realistic Target: $530 (50% of Cup Height) Bullish above $489 (handle support)Longby brycat23113
NVDA: Week of December 18 NVDA is looking like it wants to go a tad higher, based on the chart alone. Though I am not confident it's going to go for the high targets. If you are going to trade it, I would def take profits when you're up on this one because, while overall the momentum is bullish, its not very convincing. That said, this will probably make an attempt at re-testing ATHs before EOY. So if we do get a dip, I would be long-biased. watch those conditionals, if you followed my NVDA ideas for some time, you will know by now NVDA generally gets right to the point with those conditionals, so let's see what happens! haha Safe trades everyone!by SteverstevesUpdated 10
NVIDIA (NASDAQ: $NVDA) Poses Positive OutlookKey Takeaway Nvidia, the world’s most valuable chipmaker, has become one of the most prolific investors in artificial intelligence start-ups this year, seeking to capitalise on its position as the dominant provider of AI processors. Silicon Valley-based Nvidia said it had invested in “more than two dozen” companies this year, from big new AI platforms valued in the billions of dollars to smaller start-ups applying AI to industries such as healthcare or energy. According to estimates by Dealroom, which tracks venture capital investments, Nvidia participated in 35 deals in 2023, almost six times more than last year. Technical Analysis NVIDIA shows strong development within a rising trend channel in the medium long term. This indicate that the company experiences positive development and that buy interest among investors is increasing. NASDAQ:NVDA has given a positive signal from the rectangle formation by a break up through the resistance at $468. Further rise to $542 or more is signaled. NASDAQ:NVDA has marginally broken up through resistance at $494. An established break predicts a further rise. Longby DEXWireNews3
NvidiaBig picture view for #Nvidia. Not the optimal entry point. seek these instead => low risk, highest reward entry by Badcharts2
Long Nvidia to $584Great fundamentals because of new chips and AI. The price action and trend looks really strong here. Momentum is strong so it is safe for some upside here.Longby RNR80S3310
Is NVDA taking off above $500 or boxed ?If NVDA breaks current resistance level, expect a pull back before it goes higher, the pullback might be a good place to buy. If it can't break the resistance level, then expect it to go down towards the bottom of the box.by spranav2
NVDA: SHORT I think NVDA has reached a top here. We can short it with the last target around $460. Stop Loss: around $497Shortby alirezamoayedikiaUpdated 222
NVDA Bear or Bull?Hidden bullish divergence on the MACD with a partial decline in the channel. Will NVDA run for the 2.0 fib extension, or will it fail to break the previous top again and the bearish harmonic show a type 2 return?by Hudeman0
NVDIA Supported by the 1D MA50, targeting $620.NVDIA Corporation (NVDA) closed all 1D candles above the Support, as presented on our October 22 idea, and easily rebounded aggressively to our $476.50 target (see chart below): This time the rebound is very stable on the 1D MA50 (blue trend-line) with the log Channel Up since October 2022 showing incredible upside potential. Best to wait for the Rectangle's top to break first though, as a similar pattern in late 2022 gave a rally to the 1.786 Fibonacci extension when it broke upwards. As a result when it does again, our target will be $620 (1.786 Fib ext). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot2218
Is AI a Bubble?As artificial intelligence (AI) weaves into the fabric of global industries, it sparks a crucial inquiry: Is the soaring valuation of AI stocks a sign of a robust future or a bubble waiting to burst? This article delves into the financial phenomenon, dissecting the realities behind the AI market's ascent. What Is a Bubble? A financial bubble represents a market condition where asset prices surge to levels far beyond their intrinsic value, propelled by investor enthusiasm rather than fundamental factors. These bubbles typically follow a pattern: a period of steep growth in asset prices, the peak of the bubble, and an eventual crash that leaves prices more aligned with the asset’s fundamental value. A classic historical example is the Tulip Mania in the 17th century, where tulip prices soared extraordinarily before collapsing. Another more recent example is the dot-com bubble of the late 1990s, characterised by the steep rise and subsequent fall of internet company stocks. Indicators of a Bubble Recognising a bubble often hinges on observing telltale indicators such as extreme price-to-earnings ratios, widespread speculative investment, and rapid price escalation without commensurate growth in underlying fundamentals. Other red flags include high levels of market leverage, disproportionately bullish investor sentiment, and an influx of novice investors driven by fear of missing out. With that in mind, we can begin to consider whether AI-related stocks are truly in a bubble. The Rise of AI Technology The ascent of artificial intelligence has marked a significant shift in the technological paradigm, reflected clearly in the financial markets. AI stocks in 2023 have witnessed substantial growth as investors bank on the technology's vast potential to revolutionise various sectors. Nvidia, a leading manufacturer of graphics processing units vital in powering AI solutions, has seen a 200%+ return in 2023; Symbiotic, a robotics and AI company, climbed over 400% this year. This interest isn't just speculative; it's anchored in the real-world applications and performance enhancements AI promises. AI-based stocks encapsulate a broad range of companies, from those developing autonomous systems to businesses integrating AI for data analysis and customer service enhancement. For many, it’s expected to be a revolution on par with the internet itself. And within trading, artificial intelligence trading software has emerged, offering sophisticated tools for market analysis, predictive modelling, and automated decision-making. Arguments for AI as a Bubble In the financial markets, speculative fervour around AI technology stocks has fueled a debate reminiscent of past market bubbles. Here, the arguments for the bubble perspective are unpacked: High Valuations: AI stocks, like Nvidia, are trading at multiples that soar past traditional valuation metrics. Nvidia is trading at 38 times its sales as of November 2 —a stark contrast to the S&P 500's 2.4 times sales—raises eyebrows among market veterans wary of inflated prices. High Market Concentration: The S&P 500’s rally in 2023 has primarily been driven by seven mega-cap stocks—Apple, Google, Meta, Nvidia, Amazon, and Tesla. Each company has benefited from or aimed to capitalise on the AI boom. This market concentration echoes patterns from the dot-com era, raising concerns that the wider index's performance may be overly reliant on a handful of players in the AI space. Overheated Market: Two of the market’s AI leaders—Nvidia and Microsoft—both show bearish RSI divergences on their monthly charts, often a precursor to a correction. Discover which other companies may be ripe for reversal with real-time charts from FXOpen’s free TickTrader platform. Effect of Rate Hikes: As of the current writing, the full repercussions of elevated interest rates have not yet made a significant impact on stock markets. However, historical patterns indicate that the eventual reduction of market enthusiasm may cast a shadow over the ongoing AI-driven stock rally. FOMO Influences: The market rally is partly driven by investor FOMO—a harbinger of bubble-like behaviour where prices are propelled more by sentiment than substance. There’s also a belief that others are investing in AI disruption stocks and that this will fuel prices higher, creating an unsustainable dynamic. Arguments Against AI as a Bubble Within the fervent debate around AI's market dynamics, substantial arguments stand against the idea that AI represents a speculative bubble: Robust Financials: The most promising AI stocks exhibit strong financials. Nvidia, for example, trades at a price-to-sales ratio below the peaks of many companies in historical tech bubbles, potentially indicating more grounded valuations. Solid Growth: Some AI companies have demonstrated potent sales growth. Nvidia reported revenue growth of 101% year-over-year (YoY) in Q2 2023. Even Microsoft, one of the world’s largest companies, benefited from 13% revenue growth YoY in the first fiscal quarter of 2024. Technological Foundation: AI’s transformative potential is widely acknowledged, reinforcing its status as a mainstay in technological progress rather than a temporary stock craze, like cannabis, green hydrogen, and SPACs. Historical Parallels: Compared to previous bubbles, the companies at the forefront of the AI surge have sturdy balance sheets—a sign of financial health and resilience. This foundation provides a buffer against market volatility and speculative downturns. Wider Adoption: The increasing adoption of AI across industries bolsters confidence in the sector’s long-term prospects, diverging from bubble scenarios where growth is unsupported by actual market use. Preparing for the Future Investors navigating the AI market landscape are urged to prioritise rigorous due diligence. The key lies in identifying companies that not only ride the AI wave but also demonstrate sustainable business models, robust revenue growth, and sound financial strategies. As the sector matures, it's crucial to discern between those that are fundamentally strong and those inflated by transient hype. Diversification remains essential; a well-rounded portfolio may include AI-focused firms with the potential to lead and innovate while mitigating risk through exposure to various industries and asset classes. Such strategic positioning can offer protection against potential market corrections and potentially capitalise on AI's long-term growth trajectory. The Bottom Line In conclusion, the AI market's surge reflects both innovation's promise and the market's fervour. For traders seeking to navigate this dynamic sector judiciously, opening an FXOpen account offers a gateway to the diverse world of trading, where informed strategies and judicious investment decisions may potentially turn the potential of AI into realised gains amidst the ongoing debate about its future. 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.Editors' picksby FXOpen1010388
NVDA WANT TO GO HIGHER When a pattern like head and shoulder fails it goes the other way AKA classic charting overall market sentiment is also bullish this can go very high easily DYOR!Longby immiboy0
NVDA - Showing strenth into end of year.NVDA ascending triangle as price attempts move off weekly candle. Longby EdgeTrades1
NVDA-ascending triangle as price attempts move off weekly candle NVDA gearing up for a stellar finale to the year! ascending triangle as price attempts move off weekly candle.by EdgeTrades0
Pullback in $NVDA forthcoming.$NVDA:1D +27% since June 1, 2023 and well positioned for a pull-back down to the 460 price region (yellow horizontal line). Signal is just coming out of overbought on 1D RSI. Bear tombstone doji followed by bearish outside bar. Volume flows (vfi) remain positively constructive which could blunt the extent of downside price action. Not financial advice.Shortby The_FirewalkerUpdated 3
Could Nvidia pull another 82%? Going to $1000Will NVIDIA have another explosive bull run to $1000? Everything is possible! What would be the marketcap?Longby brian76830
NIVIDIA TOWARDS ITS ALL TIME HIGH ?? bullish price action but still a chaos of market crash in 2024 is ahead 562 dollar mar looks easy for now Longby MSK-1
NVDA: Week of December 11Levels in the chart. Probability based on Standard Deviation is bearish with a 56% success rate. Momentum couldn't find similar setups but we can check ATREE : Bullish, surprise, surprise haha. Accumulation rests to the upside here and if we continue this early santa rally charade then I suspect it's going to continue to be a long. As always, watch the conditions and let the PA speak for itself. Safe trades everyone! Longby SteverstevesUpdated 3331
NVDAJust an update from the original post. Still working to the T! Said it would bounce off 450s 3wks prior to the move then said its going to 540 1st stop... I will update again when it hits the target. Don't tell me nothing about the market being rigged or random.... Who can do it better? Longby Riskitpaid1