Nvidia has been weak as of the last month, after a major run-up in the stock. Since we have no catalysts on the short term horizon, I am forecasting a fall back towards $700. However, in the short term we can get as high as $927 before falling back towards my target of $700.
To get this sort move in the stock I will remove the purple alternative path of the...
Oh NVDA, NVDA and its tricks.
What a disaster stock, but I still trade it daily.
Let's go over what to expect next week:
There is an immediate setup on the chart for a bullish continuation up. However, its minor and just saying that we will snag up to 883:
That is with extended hours turned off.
Extended hours really just makes a mess out of things based on...
If support here holds at the .786 fib (light blue line) NVDA will see new ATH.
Profit targets are as listed. Use a stoploss please. Also - May is historically good for semiconductors. Bullish!
*this is not financial advice*
please use a stoploss.
#market_pulse #Gold
👋 Hey hey hey, SabioTraders!
👀 Let's dive into #NVIDIA and its potential trading opportunities.
📉 Technical and Fundamental Insights
On the hourly chart, you can see how the price is trading at the upper boundary of the descending channel and has hit the MA(200).
Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOGL) essentially said...
🔴 Resistance - 865 🔴
🚀 Target - 888 - 905 🚀
🟢 Support - 855 🟢
🚀 Target - 839- 827 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher.
I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels.
Even though price seems to be forming a H&S top, I'm not sure that we break down here.
I think the most likely scenario is...
According to the chart, if the candlestick stands above the resistance level as shown and the RSI line crosses above the 70 line, it indicates a potential opportunity for entering a long position to capture profits. However, if the conditions haven't been met yet, it's advisable to wait for confirmation before buying.
NVDA has created an expanding channel and the price confirmed a bullish breakout under the hourly timeframe. Here we see a potential rally to the upside back towards the previous resistance zone. And also the price managed to respect the demand zone highlighted.
As we watch NASDAQ:NVDA for our next short trading opportunity, we have to keep in mind the unfilled daily gap around 680. After a hefty pullback we could see the stock cluster and move higher looking for a double top where a second and even bigger pullback will occur and the gap below becomes filled. With markets turning higher and only 3-4 months left until...
Nvidia stock continues to rise as it closed the weekly candle above the 841.82 level. The direction seems to be pushing towards the resistance of the 960.55 level.Rising to this level will undoubtedly not be without correction.The price may start a short correction to around the 841.80 level early this week and then continue the upward trend. Alternatively,...
On April 26, 2024, The weekly chart of NASDAQ:NDX shows a weekly recovery from the MA-30 week. NASDAQ:NDX closed near the weekly high which is encouraging. The current close is right near the resistance 17,780 which was broken during the week April 15-19.
Looking closer at the daily chart we can see that the resistance is at the same level with both...
In the ever-evolving tapestry of the tech industry, few narratives are as compelling and full of potential as that of NVIDIA. This narrative is not just about technological innovation but also about strategic foresight and financial acumen that has propelled NVIDIA from a post-2022 low to heights reminiscent of the dot-com era's most storied companies. Yet, unlike...
WARNING NASDAQ:NVDA Breakout WATCH
My Plan:
Calls > 877.35
Puts < 771.54
Powerful INSIDE week wiping out the bears told yall once in a lifetime setup last week!
I plan to FULLY Automate these options
❤️if your IN!
NVDA Nvidia LONG T1 900 T2 950
Stop Loss is explained in the video with partial exit when price breach Horizontal support TL towards downside and remaining exit when green sloping TL breaches towards downside.
However, probability of NVDA reaching T1 = 900 and T2 = 950 is very high
