NVIDIA BREAKOUT RETEST AND READY TO GOImagine a symmetrical triangle forming on a stock chart. The price breaks out above the upper trendline, indicating a bullish breakout. Instead of entering immediately, you wait for the price to pull back and retest the broken trendline. Once the price holds above this level, you enter a long position, setting your stop-loss just below the retest level and your take-profit based on the triangle’s height.
NVD trade ideas
NVIDIA: Bearish: Possible Head and Shoulders: Warning!NVIDIA: Bearish: Possible Head and Shoulders: Warning!
Hello everyone The Wolf of Zurich has detected a possible "head and shoulder" on Nvidia, which would bring the price down to around $42.
I have also drawn a trend line that you absolutely must watch!
The level to watch is around $98-98
Here, watch your Fibonacci levels as well as your exponential mobile means
Have a nice day everyone
Some information to know about Nvidia:
Nvidia, the world leader in graphics chips and AI, is enjoying a flourishing situation despite a recent drop in its stock price.
Here is a summary of its current situation:
-Dominant position in the AI market
Nvidia occupies a quasi-monopolistic position in the field of chips for artificial intelligence. Its GPUs, especially the H100 series, are essential for the development of cutting-edge AI systems and are selling at high prices around the world.
-Stock market performance
Despite a recent 9.53% drop in its share price, Nvidia has posted an impressive 120% increase since the beginning of the year and nearly 400% over 3 years. This one-off drop does not seem to worry analysts, who still see significant growth potential.
-Technological innovations
Nvidia recently presented its new Blackwell GPU architecture, with the B200 and GB200 processors. These chips promise performance multiplied by 5 compared to the previous generation in the field of AI. The company also reassured investors by announcing that it had resolved the production problems initially encountered.
-Future Outlook
With its dominance in AI training chips and its comprehensive software ecosystem, Nvidia appears well positioned for continued growth. The company continues to innovate and strengthen its position in the AI market, which suggests a positive outlook for the future.
NVDA: Correction PhaseHello everyone,😉
I’ve put a scenario for the stock 'NVDA' together, which is currently drawing attention.
This scenario is based on not only the "Elliott Wave Theory" but also various analytical tools, so please take it into high consideration.
✔️ Wave from $140.76 downward: "Extended Flat"
This is an 'Extended Flat' composed of a 3-3-5 structure. The final C wave was completed as an 'Extended fifth wave impulse.'
✔️ Wave from $90.69 upward: "Zigzag"
This is a 'Zigzag' with a 5-3-5 structure. The A wave and C wave have a 1.618 ratio, which adds a high level of credibility.
✔️ Conclusion: Projected Path
Based on the wave count so far, I’ve drawn the projected path. I anticipate the appearance of a downward impulse wave and used the downward parallel channel and Fibonacci levels to estimate the potential decline range.
First support zone: $100.03
Second support zone: $84.57 (very strong)
Good luck!
This is not a buy or sell recommendation.
It is a personal perspective and should be used for reference only.
All decisions and responsibilities are yours.
NVIDIA CORPNEW YORK, Aug 27 (Reuters) - Traders in the U.S. equity options market are expecting Nvidia's (NVDA.O), opens new tab upcoming earnings report to spark a more than $300 billion swing in the shares of the world's most dominant artificial intelligence chipmaker.
Options pricing shows that traders anticipate a move of around 9.8% in the company’s shares on Thursday, a day after it reports earnings, data from analytics firm ORATS showed. That's larger than the expected move ahead of any Nvidia report over the last three years and well above the stock's average post-earnings move of 8.1% over that same period, according to ORATS.
NVIDIA vs Ruseel 2000 - is money moving out of NVIDIA to RUT?Is the entire world is rotating out of NASDAQ:NVDA into Russell 2000 small-cap stocks.
Could it be another Cisco .com bubble comparison. Everyone tries to find AI companies that offer significant returns. In reality most of them provide no value and the infrastructure AI is built on continues to be growing asset (NVIDIA).
Let us look at the charts.
From the charts it is clear that NVIDIA is still in an uptrend, has formed a falling wedge.
We are targeting 135 in the days to come.
The Russel 2000 seems more like a short squeeze and it has got more legs on it.
Whether this is the start of a new bull market, we will only know in the times to come.
As an NVIDIA investor, I choose to hold on till as a time trend doesn't change.
Nvidia near strong support again ready for fresh all time high Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
NVDA likely will see $1,000 in my silly opinionYes 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
NVIDIA CORPORATION GANN WEEKLY ANALYSIS FOR 22 MAY 2024...Nvidia Corporation has been in the news for the recent past and seen a fantastic run on its price with AI Technology progress.NVIDIA DGX-2™ is the most powerful tool for AI training, using 16 GPUs to deliver 2 petaflops of training performance to data teams. Adding in the extreme IO performance of NVIDIA Mellanox InfiniBand networking, DGX-2 systems quickly scale up to supercomputer-class NVIDIA SuperPODs.
Nvidia Corp completed an important Gann Cycle in Apr 2023. Therafter the price nearly doubled within the time cycle on chart. But the real rise came in at the shortest time cycle within the next major time cycle. It hit he high of 767.66 a double top to earlier high of 974. as per price it had a support at 786 and we got the low of 756.06. We are rising up from that low to current level of 958.19 on last weekly candle attempting to take the highs of 974 and 967. Next critical date is 24 Jun 2024 on it. We need to cross the level of 1048 by then for further growth in it.
Happy Trading !!!
N.B. Not a financial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
beautiful trading analysis platform. Thanks to the developers
of the program for this opportunity to use it freely to
express our ideas to the community of traders.
NVDA / NVIDIA CORPORATION | Simple Horizontal Line SetupNASDAQ:NVDA (NVIDIA Corporation)
Engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software.
It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other.
Entry Price :- 922.21
Entry Trigger Price :- 920.36
CMP
Stop Loss Trigger Price :- 892.78
Stop Loss Price :- 891
NVDA Bullish above 860We 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 or losses incurred.
NVDA completes a five wave advanceNVDA 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
NVIDIA as said earlier profit booking will come, trend change 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit