NVDASupport did not hold against the downtrend; instead, the price rebounded back to resistance and pushed higher today. Bears should exercise caution as the trend appears to be changing. Longby AmyThongbai224
Nvidia - Entering a bear market!Hello Traders and Investors, today I will take a look at Nvidia. -------- Explanation of my video analysis: For more than 6 years, Nvidia stock has been trading in a long term rising channel formation. We had the last retest of support in 2021 which was then followed by a +650% rally towards the upside. As we are speaking Nvidia stock is retesting the upper resistance of the channel and we might see a short term correction towards the downside to retest the previous all time high. -------- Keep your long term vision, Philip (BasicTrading)Editors' picks03:10by basictradingtv6464690
NVDAThe major supply level for NVDA stands at $893. I've recently closed my position to lock in profits and await the next opportunity. Currently, the price is positioned above the VWAP's yellow line and surpasses the red line of my POC indicator. Although the MACD still indicates a bearish trend, there are signs of a potential shift towards bullish territory with a looming crossover into the green. However, it's important to exercise caution for those considering long positions, as there's a possibility of market manipulation before the earnings report. It seems there's some manipulation at play, as the price remains stagnant around $884 without significant movement in either direction. My advice for now is to refrain from active trading and observe the market's dynamics until clearer signals emerge. by AmyThongbai444
Trend line support about to be tested. BullishGreen trend line support about to be tested by price. Stochastic (8,1,1) near oversold point at 20. Price above volatility stop. The only thing negative is the momentum negative divergence as seen on the charts Rsi and Macd indicators. Market geometry takes precedence so I will buy at the trend line and stop out if price closes below the trend line. The price may need one more up/down cycle before price breaks out to the upside. Ascending triangle measured move targets can be calculated from previous trend line support levels and current high breakout price. Measured move targets= 1286, 1475 Happy EasterLongby ArtWells0
$NVDA definitely will show a long. Depending on scenario, NASDAQ:NVDA will face continuing growing moving. Last years it was showing perfect results in the business raising as well as in the fields of finance outcomes. My expectations, that we can take about 100% during nearest year. Does not constitute a recommendation. #furoreggs #investing #stocks #shares #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view )Longby furoreggsUpdated 4
NVDARegarding NVDA, exercise caution today as there appears to be a concerted effort to lower the price. If contemplating a long position, exercise additional care. Despite attempts to raise the price, it has faced multiple rejections around $907. Today, they've managed to push it below $900. My subsequent target is $884. The price has touched the support level of $891.87 twice since Wednesday and once on Thursday. If it breaks this support today, it's likely that the level won't hold, leading to a decline to $884. Shortby AmyThongbai8820
Market Concentration and Systemic RiskMarket Data: In March 2024, a total of 9,095 tickers were traded. The top-traded ticker, NVDA, with a trading value of USD 1.098 trillion, accounted for a significant portion of overall activity. The top 5 tickers (NVDA, SPY, QQQ, TSLA, AMD) collectively represented 22.4% of the total trading value. The top 100 tickers (including 30 ETFs and 70 stocks) accounted for 55.22% of the total trading value. The top 200 tickers captured 65.53% of the total trading value. Does this concentration cause more risk or not? The concentration of trading among a small number of tickers can potentially increase systemic risk in the market. Here are some factors to consider: Market Liquidity: Concentration of trading in a few tickers can lead to liquidity issues, especially during periods of high volatility or market stress. If there is a sudden sell-off in one of the top-traded tickers, it may be challenging to execute trades at desired prices, leading to wider bid-ask spreads and increased transaction costs. Correlation Risk: When a few tickers dominate trading, their price movements may become highly correlated. This can increase systemic risk because if one of these tickers experiences a significant price decline, it may trigger sell-offs in other correlated tickers, leading to broader market declines. Market Manipulation: A high concentration in trading among a few tickers may attract market manipulation efforts. Traders or entities with large positions in these tickers may attempt to manipulate prices for their benefit, leading to distorted market prices and increased risk for other market participants. Diversification: Investors who hold portfolios concentrated in the top-traded tickers may face increased risk if those tickers underperform or experience adverse events. Diversification across different assets or sectors can help mitigate this risk by spreading exposure to individual ticker-specific factors. Regulatory Scrutiny: Regulators may closely monitor markets with a high concentration of trading volume among a few tickers to ensure fair and orderly trading. Any market manipulation or abusive trading practices may lead to regulatory intervention, which could further disrupt market stability. Overall, while the concentration of trading among a few tickers may provide profit opportunities, it also carries heightened risks that investors need to consider and manage effectively to maintain market stability and integrity. Additional Information: The data also reveals interesting insights into the top 10 tickers with the highest trading value to market capitalization ratio in March 2024. This highlights the potential for significant volatility in specific sectors, even for companies with a large market cap. Top 10 tickers with the highest Trading value to Market cap in March 2024: MARA: 482 % MSTR: 444 % SMCI: 312 % COIN: 125% AMD: 94 % TSLA: 59 % PLTR: 57 % MU: 51 % SNOW: 51 % NVDA: 48 % Educationby Moshkelgosha15
NVDA drop this week ??Will be interesting to see the price action on Monday and Tue. If a significant drop occurs, 870 might be a place for support if we can start to form a wedge. Shortby rdf100111
NDVA (SELL)NDVA on time to sell Because it went to high it need to pull back before it go up again.Shortby kimhou0962217
NVIDIA SLOWS TO UPWARD DIRECTIONas the price ranges accumulating new opportunities for new traders entering the market with optimistic for upward direction. we see prce doing a reversal to area 902 from all time higs of 975,we expect price to complete simple WXY elliot wave at 888 where we have a long setup in range positiion to the upward (bullish bias)Longby forex_forge3
NVIDIAThis is covering NVIDIA, it is very clear where is heading and and expecting drop soon. Shortby Skill-Knowledge-Conduct223
NVDA Long Long on Nvidia, 2 targets in the chart. Breakout of the resistanceLongby JesseVerlagoUpdated 8
The fifth wave is left, then wait for the trend correctionDear analysts and traders, I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules. As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it. I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision. I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily. I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him. Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely, Mr. Nobody Longby mehdi47abbasi7916
Introducing Nvidia's Next Generation AI Hardware and Software OfNvidia has officially introduced its next generation AI hardware and software offering, setting a new standard in the industry. With cutting-edge technology and innovative solutions, Nvidia is paving the way for the future of artificial intelligence. This new offering promises to revolutionize the way we approach AI, providing faster, more efficient, and more powerful solutions than ever before. With Nvidia's state-of-the-art hardware and software, traders can expect increased performance, improved accuracy, and enhanced capabilities to stay ahead in the market. Now is the time to invest in Nvidia and take advantage of this groundbreaking technology. Don't miss out on the opportunity to be a part of the future of AI. Join us in long Nvidia today and be a part of the next generation of innovation. Longby bryandowningqln0
$NVDA to go over $1000 for blow off top?NVDA had a great reaction to earnings and I don't think the move is done yet. Over the next few weeks, I think we'll witness a monster move higher for NVDA. Once it surpasses the $855ish range, we should see a straight shot up above $1000. Think we're likely to top above $1050. I bought calls prior to earnings 3/8 $740C and some lotto tickets 3/8 $1050C. Let's see if we can get up there.Longby benjihyamUpdated 191936
$834 Next TargetNvidia is working it's way through a b-wave retracement and may get slightly higher before resuming it's downtrend towards $834 with a chance of tagging $753. Best to all, ChrisShortby maikisch8
NVDA NVDA appears to be moving sideways, caught between bullish and bearish sentiments on this last trading day of the month. It seems there's strategic maneuvering in play leading up to the Federal Reserve's announcement tomorrow, especially with the market closed on Friday. There's a possibility of a significant dump of money as investors position themselves accordingly. my checklist of bear - below the POC - below the cloud -MACD still bears territories and is about to cross below -01 Checklist off bull - Price to move above of off triangle to the upside. -MACD moves up above 1 cross over to the top. -Above of my VWAP and POCby AmyThongbai2
NVDA pullback in playhi traders Let´s take a look at NVDA on 1h time frame. Currently the price is in the middle of the rane. If we get a pullback and the price retests the support, it could be a great entry for a long position. From there we´re expecting continuation of an uptrend. Our target is at 967 $. Stop loss below the support. Good luckLongby vf_investment226
Nvidia Stock: Analyzing the Upward Trend PatternThe Nvidia stock has shown a remarkable trajectory in recent trading days. Purchased at 899, it has since risen to 904. This upward trend appears to be continuing, and this can be clearly observed through a specific pattern, as seen in the attached image. The pattern at play here is a classic example of an upward trend in technical analysis. It manifests through successive higher lows and higher highs in the stock's price movement. This consistent series of upward movements suggests that investor confidence in the company is strengthening, driving up demand for the stock. Another crucial indicator is the volume accompanying the rise in stock prices. Increasing trading volume typically confirms the validity of the trend, as it indicates that more traders and investors are willing to buy the stock, further propelling the price. Furthermore, external factors such as positive news about the company, strong quarterly results, or industry trends can also contribute to bolstering investor confidence and supporting the upward trend. Against this backdrop, it is likely that the Nvidia stock will continue its upward trajectory, at least for the time being. However, it is important to note that markets can change rapidly, and investors should always keep a close eye on current developments. Overall, the Nvidia stock currently presents a promising outlook for investors seeking opportunities in the stock market. The clear upward trend pattern and the positive fundamentals of the company make it an attractive option for investors looking to capitalize on further price appreciation.Longby ahmaraz46
Stock Market Analysis: NVDA Losing Leadership?Stock Market Analysis: NVDA Losing Leadership? Since the start of the week, the S&P-500 Index (US500) is up about 0.58% while NVDA's share price is down about 3.8%. This is a worrying sign for Nvidia stock investors — could it be a sign that NVDA is no longer the market leader? Dubravko Lakos-Bujas, JPMorgan's chief equity strategist, warned of a potential "surprise" shock to the stock market, Bloomberg reported. He's noticed a trend in recent history where gains in popular momentum stocks like NVDA are often followed by corrections. This situation has repeated itself three times since the 2008 global financial crisis. “One day this may happen completely unexpectedly. This has happened in the past; we’ve had flash collapses,” Lakos-Bujas said in the webinar. “One large fund starts cutting some positions, a second fund hears this and tries to reposition, a third fund is basically caught off guard, and then, you know, we start to unwind more and more momentum.” He noted the potential for innovation in artificial intelligence as a major source of surprise, emphasizing that these opportunities are dwindling and risks are growing in the background. Technical analysis of NVDA shares shows that: → so far the price is in an upward trend - its contours are shown by the blue channel; → yesterday’s close lowered the price to its median line; → the $960 level looks like an important resistance. The all-time high is approximately 100% of NVDA's share price at the start of the year - the price has doubled in less than 3 months, so a correction appears natural in this extremely hot market. It is possible that the price of NVDA may roll back to the lower border of the channel and test the psychological level of $800 per share. 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.by FXOpen1111
$NVIDIA-28th March-Long IdeaNVIDIA at current levels offers a good long/buy opportunity based on just technicals.Longby Just-Technicals3
NVDA Ascending wedgeI originally thought we were forming a Cup & Handle but after looking on the 8hr it appears we are forming a nice ascending wedge and held above the bottom support level. I wish I would have caught this sooner but will be watching this closely. What are your thoughts?Longby empire46534
NVIDIA's $1K Threshold: Bulls Brace for the Grand EntranceWhat are all NVIDIA bulls waiting for? Of course, the $1,000 mark. As usual, the market enjoys making traders wait who have set their take profits at such iconic levels. After an initial attempt on March 8th, NVIDIA's stock once again fails to breach the $1,000 mark. However, it's clear: the market will eventually reach this milestone. And the breakthrough could be imminent. The VOLD indicates significant selling pressure without the price reaching new lows. These bullish divergences typically resolve with unexpected impulsive movements. At the same time, NVIDIA's stock price is in a crucial support area. Based on this analysis, we are opening a long position with a target price just shy of $1,000. We can set a relatively tight stop-loss level, providing us with a great risk-reward ratio of nearly 2.4:1 for this trade.Longby Ochlokrat11