We have seen resistance for NVDA at the 860 Levels which also coincides with Fib levels of 857.23 (23.6%). Close above the 860 mark in a 15mins timeframe will be bullish for NVDA for T1 888 and T2 of 924 Plan invalidated if we close below 840 in 15 mins TF. PS - Ideas are for learning purposes, not a recommendation to trade. I am not responsible for any profits...
Nvidia is in it last leg of major cycle and can crack to 500 from here on. Good time to book profits on spectacular results. Ite in race to complete 2 trillion milestone placed at 810$ Be careful....
formed the Bullish flag and RSI also formed the bullish divergence in 2h chat timeline. So it might go down and later go up after a few hours.
NVDA may be at the end of wave 5 at various degrees in time. The fifth wave itself was inside a rising channel, and we reached the top end. This is the leading stock driving bullish market momentum and any reversal especially below the rising channel would change the way people think about the market for the months to come
Yes it may seem a bit silly but hear me out. 7 stocks or so are leading the markets. We know what sectors they are. I was banging the table for calls on NVDA at $400 lows in otc2024 and they even called me "NVDA boy" Now we sit at $791 as I type this. So honestly... why wouldn't NVDA go to $1,000. Lol I think NVDA will hit $1,000. Not financial advice. Just thoughts
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
NVDA meeting 1.272 fibonacci retracement , and a clear bearish divergence on the OBV , might mean a local top or at least expected consolidation. Buyers advised caution.
Nvda is work in range and taking the same resistance again.
Anticipating a significant correction in Nvidia as we approach the end of primary wave 5, expecting a decline to the range of 300 - 270.
The insufficient in price action. Most probably that huge gap will be fulfilled finally.
Gap from 320 to 360 seen in NVIDIA, It seems that NVIDIA will fill this Gap in coming trading session ....... so those who are interest in AI story can buy at around 300 ....for next six months .......
After Gap up opening it has been doing distribution on top to form probable bearish head and shoulder pattern. It still need to complete right shoulder. Only then it may be able meet vision
Is wave 4 done at a little more than 23.6% retracement? Wave four is a flat and wave 2 was zig-zag retracing 61.8%, so we have alternation. Nvidia is now at the 20-week average so that is an ideal support as well which held in wave 2 too. Wave 5 should follow wave 4. 5=1 then the level is at 300 which should coincide with the top end of the channel. A rising...
I believe the impulse is over and we may see a correction from here which can go deeper as well!!
As per analysis, NVDA may come to marked line in this FY .. so be alert
As per analysis, NVDA May shrink to given level today ..
RE-ENTRY INTO MONSTER STOCK : Pivot retest Support area hammer / doji Low risk entry 435-440
As per the Analysis, Nvidia's price takes little correction from 423 to 413 now we can see the price hit $413 and create support at 413-415. Price will see resistance again at R1 and R2. Need to break this level for a bull run.