NVDA heading lower? If it does here are some levels it might hit if it doesn't regain the 50 day quicky
NVDA has lost momentum and broke POC plus the 50d a gap fill is on the cards if the POC can't be reclaimed. This is a good RR trade.
Friday selloff has started doom and gloom predictions everywhere. Yes, the selloff was kind of aggressive, but not the worst one in the recent few months. And price has fallen back on the trend line going back Feb and May bottoms. If the trendline breaks next week, then the next support is at $414. If that breaks, then things will start to take a nasty turn. Below...
NASDAQ:NVDA could see further pull back. Both MACD and RSI are showing bearish divergence and have been for a while. I have called out this bearish divergence before in my previous post. Its trading inside an ascending broadening wedge pattern. If the price breaks below $409, it could accelerate the price break down as volume below is thin with a big air...
There is a bearish curling on the MACD on the weekly chart creating a death cross, the weekly chart is also overextended. A potential play to the downside is at the first support at trend line around $260 which is also so happened to be at the 38% Fib Retrace and previous major support.
In this guide, you’ll learn about all the different tools that are available to you on the chart. Specifically, we’ll be looking at the toolbars that are located at the top, bottom, left and right of the chart: To summarize the chart above, the breakdown looks like this: Top toolbar: Chart tools Left-side toolbar: Drawing tools Right-side toolbar:...
NVDA is a monster, no doubt. And shorting it is risky. But based on chart alone here is what I see: - sustained break below 479 (we're here now, 3:10pm 8/24) will result in following targets/time to target. What I mean here is that NVDA will be trading at these levels on the dates given - it can exceed below and then pop to these levels, however, if it fails to...
NVIDIA Corporation (NVDA) has been trading within a Channel Up pattern for the past 4 months with the price currently on its middle, consolidating around the 1D MA50 (blue trend-line). This price struggle to pick up a rebound, resembles the previous bearish leg of the Channel Up, which after a series of Lower Highs, got rejected to form a new bottom (Higher Lows....
Here is my short term theory in NVDA. NVDA could reach 485 as the first target and 500 as the second target. This is supported by the following confirmations: 1- A double bottom pattern in demand zone. 2- An inverse head and shoulders formations 3- the hourly candle closed above the point of control (POC) on volume-range volume profile (VRVP) 4- A...
This liquid leader is getting tight at its 50 MA. Liquid AI leader. Tricky spot as this could go either way. Infliction point tomorrow. Big watch item.
boost and follow for more! 💛 reasons I'm bullish going into earnings: holding above major trend support, oversold RSI, resistance=support pattern from local trend that goes back to recent highs you can also see I labeled everytime I posted a bullish/bearish update on Tradingview :) good earnings and I won't be surprised to see a move to 500 within a week.. lets...
For all trade on my Auto Harmonic patterns indicator trade setup - Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail...
NVDA Stock Analysis: Reversal Pattern Forming on the Chart NVDA stock has been a stock market leader throughout 2023 amid the AI boom. NVDA's share price rose by more than 200%, allowing NVidia's capitalization to exceed USD 1 trillion. However, a pattern is forming on the chart, warning that NVDA's share price may decline. This is a diamond pattern A-B-C-D...
Copy and Paste from Reuters Direxion is rolling out two new exchange-traded funds (ETFs) tied to the price movement in shares of Nvidia Corp, the financial products provider said on Wednesday, seeking to capitalize on excitement over developments in artificial intelligence that helped boost stocks this year. The Direxion Daily NVDA Bull 1.5x Shares ETF (NVDU)...
NVDIA is trading at the bottom of the eleven month Channel Up, around the 1D MA50 but on a neutral1D technical outlook (RSI = 51.399, MACD = -2.580, ADX = 27.665). As long as the price trades inside the Channel Up, it makes the current level a low risk buy entry. The 1D CCI suggests that the price might be on a bottom like February 23rd, after which it rose by...
You can see that Nvidia's daily chart has reached the ceiling of its weekly channel, and negative divergence can be seen in both the daily and weekly time frames. The location is suitable for sale.
NVDA broke support yesterday. Tried to reclaim that support today and failed. Measured PT 385. Daily rsi bearish divergence and gaps to fill below. Descending triangle. Lmk your thoughts?
don't even question it just listen to me you dummy or else you're gonna be poor forever