Possible local top for NVDANVDA 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.
4NVDA trade ideas
NVIDIA SHORTAnticipating a significant correction in Nvidia as we approach the end of primary wave 5, expecting a decline to the range of 300 - 270.
NVDA on clean bearish H&S The insufficient in price action. Most probably that huge gap will be fulfilled finally.
Gap filling theory...in NVDIAGap 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 .......
NVDAAfter 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
NVDIA maybe ready for wave 5 higherIs 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 channel has been drawn keeping the most recent low as the pivot. The 20wma is at 418.
NVDA Expecting correctionI believe the impulse is over and we may see a correction from here which can go deeper as well!!
Nvidia Today Price Analysis
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.
Nvidia becomes Top chipmaker
Huge Gapu- up in Nvidia What is Next Target
Nvidia's shares rose about 25% last week
Brakout on Weekly Chart
Next Target is near 500
NVDA #Wyckoff Events Accumulation BullishWyckoff Events Accumulation Schematic #2
Bullish
312-320 is important resistance to cross. if failed then profit booking
a mild retracement from 320 may be good for fresh entry after consolidation or sideways
Pattern Identification by Considering Safety in Analysis!Pattern Identification on any Timeframe!
Importance of the Factor of Safety in Projected Target To avoid the Losses!
How to identify Patterns and Project the Target on the chart!
I have selected NVDA weekly chart for Technical Analysis. Here the Head and Shoulder pattern formed on the Top. We can see the previous trend of NVDA was an Uptrend so the probability of high that trend will get reversed after the neckline breakdown and the price has given breakdown to the neckline and it went down.
I have projected the downside target by projecting the head to neckline length below the neckline. But we all know that, the things which are given in a theory doesn't work 100% all the time. So to avoid the buffer between Theory and Practical I have projected the line parallel to the neckline from the projected taregt so we should exit our position without waiting for the Theoretical projected target. This is my personal view to exit from our existing position without waiting till the end. Most of the time what happens is price reversed before our projected target. That's the reason i am sahring this Educational Idea to achieve maximum profit by considering Factor of Safety or You can exit your trade by achieving 80% - 90% of your projected profit.
If you like this Educational Idea then Comment Below!
Thank you!
NVDA 4 HR ANALYSISchart reversing on strong support zone, so my view is bullish, entry and exit is mentioned on chart.
nvidiaNvidia falied to break higher high
now it goana fall down as per price action
so it is good trade for intrday and swing
good selling volumes
five top break on 15 min timeframe
!!!!!good_luck....!!!!
NVIDIA GREAT BUYING OPPORTUNITY!!Great chance for accumulating stakes in nvidia corp!!
as you can see from the chart the script is forming higher lows in 1hr time frame
it has also formed a bullish hammer today which is supported by strong volumes and RSI
NVIDIA (NVDA) Wave Formation & Rounding Bottom Completion , LongVERDICT NVIDIA (NVDA)
Wave Formation and
Rounding Bottom Completion
Huge Upside Targets
T1 192 Positional
Only For Study Purpose
NVDA Investment Plan - 21/Mar/2022Hello Traders,
Hope you all are doing good!!
I expect this stock to shoot up from around 130-140 price level after completing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
