NVIDIA Daily - illustrating Inverted Head and Shoulder patternNVDA is illustrating inverted H&S pattern in daily chart. D Illustrated targets based on the chart pattern. Earning of NVDA is Wed 22 2024. Longby sandeeponlineid2886
Nvidia to Report Q1 Earnings; Revenue Forecast at $24.65 BlnNvidia ( NASDAQ:NVDA ), the global leader in Artificial Intelligence (AI) hardware and software, is set to release its Q1 FY2025 earnings report on May 22, 2024. Analysts predict a significant revenue growth of $24.65 billion, driven by strong demand for AI-related products and services. Nvidia's net income is expected to increase to $12.87 billion from $2.04 billion a year ago, and earnings per share (EPS) are forecasted to rise to $5.17 from $0.82 in the previous year. This impressive financial outlook reflects Nvidia's robust market position and its ability to capitalize on the growing AI sector. Nvidia's data center segment has been a key driver of its recent success, reaching a record high of $18.4 billion in Q4 FY2024. For Q1 FY2025, sales in this segment are projected to hit $21 billion, highlighting the expanding demand for AI-capable chips and infrastructure. The data center segment's performance will be closely monitored by investors and analysts, and its results are likely to have a considerable impact on the company's stock price. Updates on the highly anticipated Blackwell platform, Nvidia's next-generation AI computing architecture, are also expected during the earnings call, providing further insights into Nvidia's future growth prospects and technological advancements. Analysts project Nvidia's revenue to be $24.65 billion for the first quarter of fiscal 2025, up from the previous quarter and more than tripling from the year-ago period. Nvidia's data center segment has grown rapidly amid increased demand for its advanced computing chips capable of running AI workloads. Data center revenue reached a record-high $18.4 billion in the fourth quarter, beating the record it had set the prior quarter and more than five times what it was a year earlier. The data center segment could reach a fresh record of $21.17 billion in revenue for the first quarter of fiscal 2025, according to estimates compiled by Visible Alpha.by DEXWireNews224
NVDA:MICROThe butterfly pattern has been formed. Nvidia's buying is very strong. It would be fun to see if you can break through the highs.Shortby SeoVereign1
NVDA looking to pullback and then go for higherNVDA may pullback and then continue higher to break structure. Look for pull back bounce upLongby p31wtrade0
NVIDIA, NVDA - Double TopThis daily chart is using a Fib Retracement Indicator starting August 24th,2023 to document the potential top of NVIDIA's run. Coincidentally the bottom of the Harmonic Pattern showing the double top is in almost perfect alignment at the Fib Line of 4.236 or $845.54 which should be the point of exhaustion for the run yet the price went higher up to approx.$967.00 to top out and subsequently retest that top a second time. Given that the overall trend is still fully dynamic in Bullish Form in following the 50 and 200 day EMA's there could possibly be a triple top however my price targets for a pull back are outlined in black at $849, $822, and $796. Certainly the expectation is also possible to reach the 3.618 Fib Line at $779 before the next leg up above $967 based on the Historical Significance of NVDA's product lineup and World Leading Market Share. by grahammkUpdated 9912
NVIDIA SHORT TERM MOMENTUMFalling wedge pattern + Inversed bearish FVG on 30 min. I think there will be a sweep of SSL (former double bottom) before seeking higher.Longby mikkelivirum0
NVidia, novo máximo ou correcção?Depois da subida estratosférica desde o anúncio dos resultados há cerca de um ano, os títulos da Nvidia têm estado a consolidar num canal lateral, contudo na próxima semana haverá mais um capitulo importante com os resultados do último trimestre. Caso surpreendam pela positiva, o preço deverá subir bem acima dos $1.000, mas se não cumprir com as expectativas poderá ir testar a linha vermelha, perto dos $550 por ação. As informações fornecidas não constituem pesquisa de investimento. O material não foi preparado de acordo com os requisitos legais projetados para promover a independência da pesquisa de investimento e, portanto, deve ser considerado uma comunicação de marketing. Todas as informações foram preparadas pela ActivTrades ("AT"). As informações não contêm um registro dos preços da AT, nem uma oferta ou solicitação para uma transação em qualquer instrumento financeiro. Nenhuma representação ou garantia é dada quanto à precisão ou integridade dessas informações. Qualquer material fornecido não leva em consideração o objetivo de investimento específico e a situação financeira de qualquer pessoa que o receba. O desempenho passado não é um indicador confiável de desempenho futuro. A AT fornece um serviço de execução apenas. Consequentemente, qualquer pessoa que agir com base nas informações fornecidas o faz por sua própria conta e risco. by ActivTrades4
NVIDIA - LONGWell didnt get my pullback, But im in calls, I think we are going to keep breaking structure to the upside and retrace to 1060 area.Longby Smart_Money_CpyderUpdated 115
Nvidia Retracement Outside of the Standard Target BoxNvidia has moved higher outside of the standard retracements expected. Due to the overlap we could be either dealing with a double zig zag for minor B which is common, or this is a series of nested 1-2's in the purple count. If this develops into the purple count, this will sub-divide towards the $1,100 region. As of this morning I am expecting in the minimum a micro iv and v to complete Minor B. That also puts price in a position to potentially challenge the previous ATH and remain a corrective retrace...that will result in price revisiting the $760 area minimum in a flat for an extended ALT wave 4 in purple. Best to all, Chrisby maikisch8
NVDA, big pictureI prefer to use Elliott Wave Theory for following equity markets, gold/silver, and Bitcoin, and I avoid using Elliott Wave Theory for individual stocks, with a few exceptions (MSFT, NVDA, and a few others). I do think NVDA wlll make a move above 1000 soon, with an ideal wave 5 of (3) to be above 1150. Its bounce from 756.06 looks to have a plenty of potential to get to that level. After that, I would expect wave (4) to be relatively quick and come back towards 800-900 area.by discobiscuit1
NVDA: Prepare to short into resistance zoneAs drawn in the chart, expects 966- 974 to be the resistance zone and thus a good short candidate in terms of risk-reward.Shortby yuchaosng0
Ichimoku Watch: Nvidia Preparing to Charge Higher Ahead of EarniUpcoming Earnings Release: NVIDIA Corporation (ticker: NVDA) is scheduled to report earnings on 22 May. The consensus EPS estimate for the fiscal quarter is $5.15. The reported EPS for the same quarter a year prior was $0.88. Bulls In Control From the Ichimoku Indicator, you will see that the Leading Span A crossed below Leading Span B, but the thing to monitor is that the Leading Span A is facing higher and appears poised and ready to move back above the Leading Span B line, which is considered a positive for the major tech stock. Price is also above the conversion line and the base line (another positive for the stock), along with the conversion line recently crossing above the base line (also positive). The trend in this market is still clearly biased to the upside. Adding to this, for traders who follow chart patterns, you may also recognise that recent price action formed a bullish flag pattern ($922.20-$890.11) and established a minor close above the pattern’s boundary yesterday. This is now considered a completed pattern and will prompt some traders to plot the pattern’s take-profit objective beyond $1,000 to $1,019, a record high! It is also relatively clear to see that during the last correction for the stock, following the all-time high of $974.00 in March, volume has decreased. Ultimately, therefore, traders will be looking for an increase in momentum and volume. Price Direction? The chart largely points in favour of bulls at the moment. This will be further cemented should follow-through buying take shape above the recently completed bullish flag pattern. However, an alternative scenario to remember is the possibility of a pullback to retest the area between the conversion line and the base line before the stock attempts to find higher ground. DISCLAIMER: The information contained in this material is intended for general advice only. It does not take into account your investment objectives, financial situation or particular needs. FP Markets has made every effort to ensure the accuracy of the information as at the date of publication. FP Markets does not give any warranty or representation as to the material. Examples included in this material are for illustrative purposes only. To the extent permitted by law, FP Markets and its employees shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided in or omitted from this material. Features of the FP Markets products including applicable fees and charges are outlined in the Product Disclosure Statements available from FP Markets website, www.fpmarkets.com and should be considered before deciding to deal in those products. Derivatives can be risky; losses can exceed your initial payment. FP Markets recommends that you seek independent advice. First Prudential Markets Pty Ltd trading as FP Markets ABN 16 112 600 281, Australian Financial Services License Number 286354. Longby FPMarkets1
Ichimoku Watch: Nvidia Preparing to Charge Higher Upcoming Earnings Release: NVIDIA Corporation (ticker: NVDA) is scheduled to report earnings on 22 May. The consensus EPS estimate for the fiscal quarter is $5.15. The reported EPS for the same quarter a year prior was $0.88. Bulls In Control From the Ichimoku Indicator, you will see that the Leading Span A crossed below Leading Span B, but the thing to monitor is that the Leading Span A is facing higher and appears poised and ready to move back above the Leading Span B line, which is considered a positive for the major tech stock. Price is also above the conversion line and the base line (another positive for the stock), along with the conversion line recently crossing above the base line (also positive). The trend in this market is still clearly biased to the upside. Adding to this, for traders who follow chart patterns, you may also recognise that recent price action formed a bullish flag pattern ($922.20-$890.11) and established a minor close above the pattern’s boundary yesterday. This is now considered a completed pattern and will prompt some traders to plot the pattern’s take-profit objective beyond $1,000 to $1,019, a record high! It is also relatively clear to see that during the last correction for the stock, following the all-time high of $974.00 in March, volume has decreased. Ultimately, therefore, traders will be looking for an increase in momentum and volume. Price Direction? The chart largely points in favour of bulls at the moment. This will be further cemented should follow-through buying take shape above the recently completed bullish flag pattern. However, an alternative scenario to remember is the possibility of a pullback to retest the area between the conversion line and the base line before the stock attempts to find higher ground. DISCLAIMER: The information contained in this material is intended for general advice only. It does not take into account your investment objectives, financial situation or particular needs. FP Markets has made every effort to ensure the accuracy of the information as at the date of publication. FP Markets does not give any warranty or representation as to the material. Examples included in this material are for illustrative purposes only. To the extent permitted by law, FP Markets and its employees shall not be liable for any loss or damage arising in any way (including by way of negligence) from or in connection with any information provided in or omitted from this material. Features of the FP Markets products including applicable fees and charges are outlined in the Product Disclosure Statements available from FP Markets website, www.fpmarkets.com and should be considered before deciding to deal in those products. Derivatives can be risky; losses can exceed your initial payment. FP Markets recommends that you seek independent advice. First Prudential Markets Pty Ltd trading as FP Markets ABN 16 112 600 281, Australian Financial Services License Number 286354. Longby FPMarkets1
NVDA looks to be aiming for higher soonNASDAQ:NVDA is looking perky to close out the day with potential to see a nice breakout continuation this week. Tech has been seeing a nice boost as memes slowly die off today. A breakout over 922 is a good trigger mark to look for upside.Longby ItsJust_Kess5
BoringObviously we cannot reach the double top again but don't have momentum to correct downward. We are sticking in a trading range supported by an open window since May 3rd. But as the way up we have gone since January is so long I cannot imagine that the market cam become clean by a sideward trading only. May be we may stick in the range for some more days but finally the tension will unload. As soon as there is a clear signal I will increase the short position. Shortby motleifaulUpdated 225
Technical Study of Fundamental Support for NVDA EarningsNASDAQ:NVDA is the NYSE:GE , NASDAQ:MSFT , or NYSE:GM of prior Great Bull Markets of the past. It is overly influential; when it moves so too do most of the other semiconductor, electronic components, gaming stocks, etc. Too much importance is placed on this one lone stock. It is just one of many companies that are leading this new Great Bull Market. However, NVDA has an earnings report due out Wednesday May 22. The black line defines the support that has held the stock even when the overall sentiment of retail groups was selling other stocks down more steeply than this one. The sideways trend is not developed enough at this time to pattern out any excessive pricing above fundamentals. The question is where are the fundamentals right now--obviously well above the lower level outlined in blue, which was the previous fundamental support level. The sideways support of February, outlined in orange, was the start of a fundamental support level before retail traders and smaller funds went bonkers on their excitement about NVDA beating expectations. One good indication that fundamentals are within the current wide sideways trend is the fact that this stock has been trending back up to a narrow sideways trend, outlined in green. Watching this stock this week can provide some more information for pre earnings run activity. Holding through to the earnings date poses higher risk as HFTs are gapping stocks down on earnings news that is not bad news but a minor weakness somewhere in the earnings report.by MarthaStokesCMT-TechniTrader1
Short to 861 - no lines neededThis is doomed. Always dangerous to short NVDA, but if we get a break below 894 in the next day or two I'll buy puts with target 861 by end of May (nice 30 point drop). Could go a lot lower. I'm going to leg into puts before the bell and then add bigger if we get the break below 894. Had a great run, if you've followed me since Jan 2024 I predicted NVDA would pop to 660 back when it was 470. Went above and beyond, piper wants some now.Shortby JerryManders303021
NVDA Bearish Bat PatternCurrently in holding pattern to see if entry is a go... targets found. 4HShortby Bwinks0
Nvidia Q1 25 earnings preview – will the Kraken awake?Due to report shortly after market close on 22 May (typically 06:20 AEST / 21:20 UK). “The most important stock in the world” - That was the label given to Nvidia (NVDA) throughout February as we geared up for its highly anticipated Q424 earnings results. Where, at the time, the sheer number of articles written on the stock was incredible – when you are a momentum stock, you need this sort of attention to fuel the beast. Since March though the hype has settled, and we see reduced news flow. In fact, we’re seeing an increasing number of articles directing traders away from Nvidia and towards other smaller names in the AI-semi space that could potentially see explosive moves. With the momentum in NVDA falling away since Nvidia’s last earnings, and with Nvidia lacking a near-term catalyst, amid some concern of an over-supplied chips market, market players have moved their attention towards quality defensive areas of the equity market and value as an investment factor, with utilities, energy, and materials all seeing strong outperformance of late vs the S&P500. We can also see this lack of momentum in NVDA’s technical set-up and price action, with shares rallying in a $205 range between $947 to $756, and now finding a fair value around $900. Traders remain buyers of pullbacks, where the trigger for long positions seems to be when the shares fall 10% below the 50-day moving average. Nvidia may not be the hot topic it was in February, is that about to change? For a short period, absolutely, with the eyes of the trading world falling once again on NVDA’s quarterly earnings. The options market is pricing a -/+8.9% on the first day of trade after earnings (i.e. the 23 May), which if priced correctly, from current levels, could see the stock trade into new all-time highs or see it closer to $820. With a current market capitalization of $2.260t, an 8.9% move would equate to $200b in gained/lost market cap in one day, which would essentially be larger than the market cap of 82 companies in the NAS100. We can also go back over the past 8 quarterly earnings announcements and that Nvidia has seen an average move of 8.5% on the day of reporting, with shares closing higher in 6 of the past 8 quarters. Many will recall the Q424 earnings (reported in February), where the share price closed +16.4% on the day and went on to rally a further 23.4% over the following 11 trading sessions. Earnings pedigree – few do it better Let’s not forget that few companies globally have NVDA’s form at beating analysts’ consensus expectations on earnings-per-share (EPS), revenue, or gross margins. Perhaps the bar is perennially set too low, but NVDA has beaten expectations for revenue for the reporting quarter, as well as on expectations for the upcoming quarter, on all but two occasions since 2018: Q32019 and Q2 2023 being the exceptions. In the past 4 quarterly earnings reports, NVDA has beaten guidance on sales for the upcoming quarter by an average of 14% - remarkable form, especially when they have a CEO (Jensen Huang) who knows how to hit the sweet spot and say exactly what investors want to hear in the post-earnings conference call. Earnings expectations for Q1 2025 – will they beat yet again? Q125 EPS – $5.51 (Q2 25 guidance expectations - $5.96c) Q125 revenue - $24.58b (Q2 25 guidance expectations - $26.617b) Data centres revenue - $20.903b (Q2 25 expectations - $22.567b) Gross Margins – 77.01% (Q2 25 guidance expectations - 75.61%) Recall in the prior earnings call CEO Jensen Huang suggested AI was at ‘a tipping point, which was a big topic of discussion. Given that NVDA only recently held its GTC conference in March and explored the future across multiple touch points, this time around traders will react on news that isn’t already discounted into the stock - growth opportunities, maintain its monopolistic qualities, levels of capex, and future partnerships. Traders have found opportunities outside of AI-related semi and while many feel Nvidia lacks a near-term catalyst, the element of surprise is always there. The idea of ‘as goes Nvidia, as goes the market’ has dissipated, but it could make a return – and with big movement expected, this is a key event for equity and index CFD traders to have on the radar. Editors' picksby Pepperstone3535149
NVDA Intraday Levels - 13th May 2024 Sorry for not adding details about the levels .. Please check the levels on chart. Consider some buffer points in above levels. Please do your due diligence before trading or investment. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkarUpdated 1
It's so over!Today when US markets open I am planning on taking a large swing put position in NVDA with various deep OTM strikes. Here's the complete case for a NVDA top having been made and the start of a massive mean reversion. For a while I've had the 1,000 area marked out as an important level for NVDA. Not based on it being a psychological level (Tbh, I feel they spike out more than they hold) but because a confluence of other factors put the resistance in this area. Started talking about the NVDA rally to 1,000 area around 500. With further follow ups saying I think we'd see a massive drop if and when this level was met. More recently I've made posts discussing the macro bear setups we have in AI across the board. Many of these stocks are significantly down now. The NVDA chart does not look immediately bearish from many perspectives, I am sure, but this range like action has formed in a sequence of lower lows and, so far, lower highs. This is similar to the various different dynamics I recently spoke about in the possible BTC top. All of the major concepts mentioned here are transferable to the NVDA chart. The case for a resistance zone in this area is really good for NVDA. What we need from here is an entry trigger for the short. We can use the 76 correction strategy for both our entry and stop loss. All we need then is a targeting method. We can do this by drawing a fib extension from the low to the high of the previous drop and looking for supports 2.20 - 2.61. This would forecast NVDA back down to under 500. Stop losses above the high. Since this is a bearish Elliot wave analysis, for it to be valid the high would have to be in. Shortby holeyprofitUpdated 414185
The Dot-AI BubbleSpeculative bubbles excite traders and investors alike. NVDA is the absolute winner of the AI craze. Craze is the sentiment of the market cycle peak. After craze and euphoria, fear and denial will inevitably flood our minds. It is nothing more than the never-ending cycle of the economy. A simple line drawn on a chart spells the ultimate demise for speculation. NVDA is making all-time-highs. Its performance/momentum however is showing alarming signs of weakness. Beware. Not all is as it seems. The very nature of a Bubble is that it defies all measurable mathematics. NVDA wants more. It wants everything. Just like any other corporation would. For capitalism, more equals more. NVDA aims to swallow the entire money supply. Improbable as it may seem, physics theoretically allows that. Divergence is one of the most misunderstood concepts in analysis. Divergence is not describing a future weakness. It describes the current weakness. NVDA is moving so fast, that its bear market is itself growing exponentially. If NVDA is now moving slower now than it was in 2015-2018, how fast is it trying to go? NVDA remembers the explosiveness of that period, and is trying everything to repeat it. Prices and investors have memory. Both however forget the well-known saying. Past performance does not guarantee future performance. This is the Achilles' heel of prices. They promise what they cannot deliver. Price will reach as high as possible, for as long as there is a willing buyer to take the bait. For capitalism, more is better, at all costs. The ultimate cost will certainly be paid. The last buyer will be the last NVDA bear who will give-in the mania. And that will mark the end. Tread lightly, for this is hallowed ground. -Father Grigoriby akikostasUpdated 151552