Where do we go from here?NVDA is clearly following an ascending channel and we appear to be in the middle of it so either direction is possible. Watching for the top around $750 and the support around $705. What are your thoughts?by empire46534
Is NVIDIA a bubble stock or just beginning?NVIDIA stock ( NASDAQ:NVDA ) just hit $719, and it feels like a huge bubble looking at the chart. $1.7T in market capitalization is insane. It's 1/20 the US' GDP, greater than that of Switzerland. I recall it hitting $300 less than a year ago and it felt like a stretch given the market fear of recession at the time. We probably shouldn't conflate market cap with an investment fund for building chip factories, but Sam Altman is trying to raise $7T to build AI chips because he "often complained that there aren’t enough of these kinds of chips". That's 4x the current NVIDIA's market cap. Does that mean NVIDIA's bubble is actually cheap? Probably not because that fund would be used over a long period of time, whereas the stock's $1.7T is formed by speculative money. It's counter-intuitive, to say the least. In the absolute, it looks like a bubble. You zoom into the chart and it's sort of insane. But when you zoom out and consider that it has been growing at the same rate since 2015-2016 era, consistently staying within a bounded trend up, it doesn't look like it's about to pop. If I had cash lying around, I would invest into it, probably not 100% of that because I also believe there's downward risk with anything that seems to grow too fast (return to the mean etc). Right now I have other investments that are good and when factoring removing those positions in favor of NVIDIA, it doesn't look that attractive. But what do I know, this is all feelings and guesses.by kurko1
NVIDIA MASSIVE GAINSAs I predicted before price can goes 600-700, my predictions on distribution might goes to 729 the 6*3 predictable numerology on stocks, We might see 729$ on VANTAGE:NVIDIA . This is not a financial advice, I am waiting this stocks to form distribution type. Updates will be make once price forms and makes my predictions goes to 700$ or above. This is only my view, this is not a financial advice. Follow for more. Trade at your own risk.by keno1989Updated 665
NVDA-SPY OPTIONS TRADE 🚨 Current open signals: NASDAQ:NVDA 700 CALLS WITH 686 STOP LOSS and AMEX:SPY 500 CALLS WITH 12 FEB EXP STOP LOSS AT 496. 📉 While we maintain a bearish outlook on the market as a whole, we recognize that the top is not in yet. We're seizing the opportunity to make some final scalps before we gear up to hunt for the big move down. Stay tuned for updates and be ready to capitalize on the evolving market dynamics!Longby tradesenigma454Updated 4
NVDA 1h Bull FlagNVDA 1h bull flag with push to pysch level of 700 as price targetLongby Eclipse_TradingUpdated 332
Nvidia's Ambitious Leap into Custom Chip TerritoryIn a bold move set to reshape the landscape of custom chip design, Nvidia ( NASDAQ:NVDA ), the juggernaut of AI chips, unveils its plans to seize a significant share of the burgeoning $30 billion market. With a laser focus on catering to the evolving needs of cloud computing giants and beyond, Nvidia's ( NASDAQ:NVDA ) foray into bespoke chip development heralds a new era of innovation and competition in the semiconductor industry. Riding High on AI Dominance: Nvidia's ( NASDAQ:NVDA ) dominance in the high-end AI chip market, commanding a staggering 80% share, has propelled its stock market value to unprecedented heights, soaring to $1.73 trillion. As the preferred choice for tech titans like Microsoft, Alphabet, and Meta Platforms, Nvidia's H100 and A100 chips have been instrumental in driving advancements in generative AI technologies. Pioneering Custom Solutions: Recognizing the imperative for tailored solutions to meet diverse computational demands, Nvidia ( NASDAQ:NVDA ) unveils its new business unit dedicated to crafting bespoke chips for cloud computing behemoths. By leveraging its expertise in AI chip design, Nvidia seeks to empower companies to optimize performance, reduce energy consumption, and accelerate innovation across various sectors, including cloud computing, 5G wireless, video games, and automotive. Seizing a $30 Billion Opportunity: With projections indicating the data center custom chip market could reach $10 billion this year and double by 2025, Nvidia's strategic pivot underscores its ambition to capture a substantial slice of the $30 billion custom chip market. By partnering with industry giants like Amazon, Google, Microsoft, and Meta, Nvidia ( NASDAQ:NVDA ) aims to disrupt the dominance of incumbents like Broadcom and Marvell, positioning itself as a formidable contender in the custom chip arena. Expanding Horizons Beyond AI: Nvidia's ( NASDAQ:NVDA ) ambitions extend beyond AI, with plans to infiltrate the telecom, automotive, and video game markets. Collaborating with Ericsson for a wireless chip integrating Nvidia's GPU technology signals Nvidia's ( NASDAQ:NVDA ) intent to diversify its offerings and tap into new revenue streams. With projections forecasting steady growth in the custom auto and video game chip markets, Nvidia's ( NASDAQ:NVDA ) expansion strategy is poised to unlock untapped potential and drive sustained growth. A Glimpse into the Future: As Nvidia ( NASDAQ:NVDA ) embarks on this transformative journey, the implications reverberate across the semiconductor industry. With competition heating up and market dynamics evolving rapidly, Nvidia's bold leap into custom chip territory promises to reshape the competitive landscape, fueling innovation, and unlocking new opportunities for growth and collaboration. Conclusion: In an era defined by rapid technological advancement and relentless innovation, Nvidia's ( NASDAQ:NVDA ) strategic pivot towards custom chip design underscores its commitment to staying at the forefront of the semiconductor industry. With a $30 billion market ripe for disruption, Nvidia's ambitious expansion plans herald a new chapter of growth and opportunity, setting the stage for a future where customized solutions drive the next wave of technological breakthroughs.Longby DEXWireNews5
NVDA bulish buy the dip works all of the 2024 the strongest nowNVDA - I bought some as a stock is the strongest one, I dont know guys you trad the market from 2020-21 but TSLA was the same that time, every dip was bought and you buy the TSLA you make some good money, Now TSLA is under 200 ema and its weak And TSLA of the 2024 is Ai play NVDA Take a look at the chart every weak was bought in NVDA 02-21 - eaning play, I think they can split the stock If they split it - NVDA will goes 800-1000 $ per stockLongby VeberloanUpdated 4
NVIDIA to keep on this crazy rally?NVIDIA - Intraday expiry - We look to Buy a break of 710.15 (stop at 694.15) Price action has formed a bullish ascending triangle formation. There is no clear indication that the upward move is coming to an end. Daily signals for sentiment are at overbought extremes. In our opinion, this stock is overvalued. A break of the recent high at 709.44 should result in a further move higher. The bias is to break to the upside. Our profit targets will be 750.15 and 760.15 Resistance: 709.44 / 720.00 / 740.00 Support: 693.50 / 680.00 / 663.00Longby Signal_Centre1Updated 5522
What a Rip, is time for a Dip?Looking at NVDA on the hourly. It seems to be flirting with the lower trend line of the ascending channel. Could see a 15 to 30 point pullback here in a few, if it decides to break down out of this channel. Longby impossiblebullUpdated 116
NVDA Ascending Triangle on the 4HrKeeping an eye on this Ascending Triangle on the 4Hr. A breakout could bring a 30 Point gap up. Longby impossiblebull4
NVIDIA possible pathMultiple volume profiles drawn at various points to current day: 1. Swing high 2. Swing low 3. Point of recent lift off 4. Large timeframe low Excluding "4", fair value is 500's Current point of control is 450's Note dropping volume into the rise. Not typically a bullish sign. "4" can be achieved. See published chart of ARKK for similarities... Reproduced these from user @beanotrader on Twitter / XShortby hewsorus2
Cup and handle forming?I see what could be the start of a cup and handle forming on many time frames. Watching for a pull back to the 690ish levels maybe lower and then breakout to the upside. Thoughts?by empire46536610
NVDA Repeat Pattern from July 2021NVDA Repeat Pattern from July 2021 In line with cryptocurrency 4 year cycles. NVDA 2015-2021Longby Onceuponad1m32
If you're not trimming(or selling)Nvidia here, you may be sorry I am not suggesting you short Nvidia yet as it has extended past normal fib resistance areas. If you have been following my posts on Nvidia, MSFT and the overall SPX500...it appears we have so many of the components and the index in the last squiggles of their respective wave 5's. I know the narrative about AI is exciting, and I cannot tell you what will change with respect to investor sentiment, but NVDA will be VERY soon completing it's wave 5. The next chronological retracement support area is $400-$500. Best to all, Chris by maikisch111118
Where Math Meets Financial Finesse The world of options trading often evokes images of fast-paced exchanges and high-stakes gambles. While a thrill exists, successful navigation requires more than just gut feeling. Here's where math steps in, playing a crucial role in transforming options from speculation to strategic maneuvers. Understanding the Underlying Magic: Options grant the right, but not the obligation, to buy or sell an asset at a specific price (strike price) by a certain date (expiration date). Their value fluctuates based on several factors, making them more complex than simply buying or selling stocks. This is where math enters the scene. The Pricing Equation: The Black-Scholes model, a cornerstone of options pricing, takes into account factors like the underlying asset's price, volatility, time to expiration, interest rates, and dividends. This complex formula helps determine the theoretical fair value of an option, providing a crucial starting point for traders. Beyond the Basics: But math doesn't stop there. Advanced concepts like the Greeks (Delta, Gamma, Vega, Theta) delve deeper into the option's sensitivity to various changes, allowing traders to assess risk, design complex strategies, and hedge their bets. Probabilities and Payoffs: Probability plays a central role in understanding the potential outcomes of different trades. By calculating the likelihood of various price movements within the timeframe, traders can estimate potential profits and losses, making informed decisions about risk management. The Power of Simulation: Modern tools like Monte Carlo simulations leverage computing power to model countless scenarios, factoring in historical data and volatility models. This probabilistic approach helps traders visualize potential outcomes and fine-tune their strategies. A Word of Caution: While math empowers informed decision-making, it's crucial to remember that markets are inherently unpredictable. No formula can guarantee success. Discipline, sound risk management, and a deep understanding of the market dynamics are equally important. In Conclusion: Options trading can be a powerful tool, but navigating its complexities requires a strong foundation in mathematics. From pricing models to risk analysis, mathematical concepts illuminate the options landscape, enabling traders to make informed decisions and potentially achieve their financial goals. However, remember, math is a tool, not a magic wand. Responsible trading practices and a healthy dose of caution are equally important ingredients for long-term success. Educationby Moshkelgosha10
$NVDA trade on 3 min chart, zoomed out.I essentially just looked at the first bear candle that closed above the 10ema. on $NVDA. I zoomed out on a 15M chart. I got stopped out once I put my spot above my entry. So I feel good but If i would have entered on the 3rd bear candle that moved slightly lower. I could have gotten my profit target for 1.2/3R. I not mad just upset the fact entry could have been tighter. Longby enthusiastichris112
NVDA watching $625-640: a Major Resistance on the way to $689NVDA is currently at a Major Resistance cluster from $625 into $640. Expecting a retrace or consolidation before uptrend continuation. Drag DOWN on the PRICE scale to see zones above current window. Bears might get a desperately needed short with movement. Bulls might expect a pullback to a green zone where to add. Break and retest of red zone for uptrend continuation entries. Next MAJOR target and possible TOP is Golden Genesis fib at $ 689.21 For reference, here is NVDA's Genesis Sequence (single fib series that has caught all major turns): by EuroMotifUpdated 4410
Nvidia Is Closing in on $700; Will the Stock See $1,000 This YeaYear to date, Nvidia (ticker: NVDA) is up by an eye-popping 38.0% and refreshed its all-time high at $697.54 yesterday! This follows last year’s near-240% rally. Needless to say, the US semiconductor company's share price (current: $678) is fast approaching $700 amid demand for AI chips. Interestingly, based on recent analysts’ forecasts for the stock, the average price target for the next 12 months has already been achieved (circa $682), with the estimate high coming in north of $1,000. Will NVDA Reach $1,000 or Beyond? Given the demand for AI at the moment, together with technology behemoths queuing up to get their hands on Nvidia's graphics processing units (GPUs), along with global demand for AI infrastructure poised to increase, the company’s share price could indeed continue to rally and reach/surpass $1,000. How long this will take is difficult to estimate. Some analysts forecast that the stock will reach $1,000 a share in the next two years, while others forecast less time. Technicals Highlight Demand While the higher rally has likely triggered a broad case of FOMO for many traders and investors, conservative traders will seek to buy dips at levels of technical significance. You may acknowledge that on the daily timeframe a demand zone recently formed at $606-$624 and yesterday finished in the shape of a bearish outside reversal candlestick formation. With the trend obviously leaning in favour of bulls, a correction that tests the limits of the above-noted demand zone could see dip-buyers step in and the stock refresh all-time highs. Longby FPMarkets2
Larger Degree Structure BullishThe reason the lines are massive font is because I will be drawing in smaller degree structure after I post this. Apparently tradingview members can't handle multiple lines on a chart lol. Lets get to it, NVDA Bullish af. *Target 1 = 570 by early Feb 2024 **Target 2 = 590 by mid Feb 2024 ***Target 3 = 660 by end of March 2024. This will be the top. After this completes we will begin a massive corrective cycle that could take years, so I'll be selling half at 570, the remaining half at 590, and then exit completely at 660. See my other post for near term expectation on price action (i.e. next couple weeks, also bullish).Longby JerryMandersUpdated 242426
NVDA Q1 24 ANALYSIS: BUBBLE BOY ???Im expecting a chain effect ill update later where my bullish reversal / price targets would be Hope you find this strategy to be extremely informative on how to pick big yielders by looking at the sub categories to the main topic that said im generally bearish on everything and bull runs like these do give chance for soft landings but at the same time when there is no resistance price will drop just as hard technical wise still havent spotted a good shorting confluence on NASDAQ:NVDA yet but its bound to present itself Shortby Bekiumuzi_DubeUpdated 9913
NVDA: Week of Feb 5May see a flash crash into Monday open, but the setup is still bullish, (I mean is there any other direction?) lol. Heikin ashi setup supports up movement, but the over-extension and broader market setup supports initial pullback. For NVDA that generally means an exaggerated panic sell followed by consolidation and bolting back up. Its unlikely to just continue up from this point, but its not impossible. I would err on the side of waiting for pullback before trying to long it. Ideal setup here is a move right to the low targets on Monday, at least PL1 and then you know what to do ;). Let's see what happens!by SteverstevesUpdated 26
NVDA crash incoming?Nvidia has previously gone up 1000% and then crashed 50%. Waiting for the support line to be broken to short., maybe until 1 on fibShortby urus8885
NVDA -looking for 740 and 800NVDA -Very strong support placed at 600 and 500 for target of 750 and 800 Good are of interest developed at these 2 levels Also flag breakout on charts. Stoploss - below 500Longby rahul1020305