Buy Nvda at 117 region after a gap doownTaking a slight small risk to buy NVDA after gap down on better than expected result
NVDAD trade ideas
NVIDIA COP UPDATE---LOOKING NEAR RESISTANCEThis taken support to neckline of inverse head and soulder thereafter following trend looking near resistance be carefull and i would like to inform you that resistance at 149 now shifted to 152.
NVDA on the Rise: Key Levels and Insights for Potential GainsTechnical Analysis for NVDA (November 8, 2024)
The recent rally in the stock market has provided NVDA with a strong upward momentum. Looking at the 1-hour chart, let's break down some critical levels and indicators that might help guide your trading decisions for tomorrow.
Key Observations:
Trend and Momentum:
NVDA is trending upward with the price staying consistently above both short-term (15 EMA) and medium-term (likely the 50 EMA) exponential moving averages. This alignment of EMAs is a positive signal, showing that bulls have control and momentum is on NVDA’s side.
Volume is relatively strong, indicating sustained interest in this upward movement. However, watch for volume to confirm breakouts or reversals.
Price Levels to Watch:
Resistance: The immediate resistance lies near $149.50 (current ask level). Breaking through this with high volume could signal further upside, possibly pushing toward $152-$154, where historical resistance could come into play.
Support Levels: Immediate support lies around $139.86, followed by a stronger level around $135.30. These levels might act as a bounce point if the price pulls back. If NVDA falls below $135, it could potentially retest the lower $132 range, which was the recent low.
MACD and Momentum Indicators:
The MACD histogram shows fading momentum, suggesting potential consolidation or a mild pullback. If the MACD lines cross down, this could be an early signal for a short-term correction.
However, if momentum picks up, this would support a continued bullish run, especially if it’s accompanied by an increase in volume.
Price Action Strategy:
Bullish Scenario: If NVDA breaks above the $149.50 resistance with strong volume, this could lead to a potential rally toward $152 and beyond. Entering on a pullback after a breakout could offer a safer entry with reduced risk.
Bearish Scenario: If NVDA drops below the $139.86 support, it might signal a short-term pullback, potentially providing a buying opportunity near $135.30 if bullish sentiment remains strong.
Suggested Approach:
For Bulls: Look for a breakout above $149.50 with volume confirmation for a potential continuation play.
For Bears: Watch for a failure at $149.50 or a break below $139.86 as signs of a potential pullback, which could provide buying opportunities at lower levels.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research or consult a financial advisor before making investment decisions.
NVDA Set to Make Waves: Big Levels Ahead!Update:
Good morning, trading family. Here to break this down nice and easy for you. Let’s ride the NVDA waves together:
1️⃣ First scenario: NVDA climbs to $154–$156. From there, it could either break higher or pull back to $150, maybe lower. Watch for a bounce if it dips.
2️⃣ Second scenario: A move to $168 is on the table, but expect a pullback to $164 before the next push higher. If the pullback goes deeper, it’s just a chance to reset.
3️⃣ Third scenario: If NVDA powers through all those levels, $179 is next, with a potential correction back to $168 along the way.
Mindbloome Trading/ Kris
Trade What You See
Will NVDA keep pushing HigherNVDA bounced nicely off a key resistance level leading me to believe we will continue to trend higher.
NVDA - Next Wave UpThe 3 wave correction was actually done quite a while ago, but with S&P which leads the Nasdaq hitting the 1.618 it wasn't clear.
Now it is appears to be fully breaking out having made a re-test with S&P pumping beyond the 1.618.
Its not impossible that it could re-test here but I somewhat favour it moving on up here.
Either way it looks like the next major uptrend has begun.
Not advice.
NVDA Today Nov. 7, 2024Key Levels
Support Levels:
$139.91: This level has shown recent support and could act as a strong base if NVDA retraces.
$135.32: Lower support level, which could become a key area if there’s a larger pullback.
$132.04 - $132.11: Major support zone that held in previous sessions, which would be crucial to monitor if the stock drops significantly.
Resistance Levels:
$146.49: This appears to be an immediate resistance level around the high.
$150 (psychological): Often a round number like this acts as psychological resistance if NVDA rallies past recent highs.
Price Action
NVDA has been in a steady uptrend after breaking out of a downward trend, moving into a higher consolidation range. The current setup indicates:
Rising Channel: The price is moving within a rising channel, showing a bullish trend. A breakout above or below this channel could signal either a continuation or reversal.
Volume Profile: Volume has been increasing on green candles, indicating strong buying interest. This confirms bullish momentum.
MACD: Shows near overbought levels suggests NVDA may experience short-term consolidation or minor pullback before another potential move up.
Trading Strategy
Bullish Bias:
If NVDA breaks above the $146.50 resistance with volume, it could signal a continuation of the uptrend. Consider a long position targeting $150.
Consolidation or Pullback:
If NVDA fails to break above $146.50 and retraces, look for support around $139.91 for potential entries.
Downside Risk:
A break below $135.32 might indicate a bearish reversal, with possible retest of the $132 zone.
mY Thoughts
NVDA’s trend remains bullish with a solid support base and strong volume. However, short-term resistance around $146.50 should be monitored closely for breakout or reversal signals.
Disclaimer: This analysis is for educational purposes and does not constitute financial advice. Always conduct thorough research or consult a financial advisor before trading.
Navigating the Surge: Entry Now or Await a Pullback ?Overview: NVIDIA Corporation (NASDAQ: NVDA)
Current Price: $146.43 (as of November 7, 2024)
Sector/Industry: Technology / Semiconductors
NVIDIA has experienced a significant surge, reaching new highs. Investors are now contemplating: Is it prudent to enter at current levels, or should one wait for a potential pullback to optimize the risk/reward profile?
Key Levels and Price History
52-Week Range: $108.13 - $146.43
One-Month Range: $130.25 - $146.43
Support Level: $135.00
Resistance Level: $150.00
Upcoming Dates to Watch
Next Earnings Date: December 15, 2024
Dividend Payment Date: December 20, 2024
Ex-Dividend Date: December 5, 2024
Valuation and Metrics
P/E Ratio: 65.55 (above industry average)
Free Cash Flow:
Recent Quarter: $1.5 billion
TTM: $6 billion
Dividend Yield: 0.02%
Institutional Holdings: 70%
Short Interest: 3% of float
Recent Price Action & Technical Indicators
Weekly Trend: +5%
Monthly Trend: +10%
RSI: 68 (approaching overbought territory)
Moving Averages:
50-Day: $140.00
200-Day: $125.00
MACD: Positive divergence, indicating upward momentum
The RSI nearing overbought levels suggests caution, as a pullback may be imminent.
Comparative Valuation
P/E Ratio (NVDA): 65.55 vs. Industry Average: 30.00
P/B Ratio (NVDA): 20.00 vs. Industry Average: 8.00
EV/EBITDA (NVDA): 40.00 vs. Industry Average: 15.00
NVIDIA's premium valuation underscores its growth potential but also indicates higher risk if market sentiment shifts.
Growth & Financial Health
Revenue Growth (3-Year CAGR): 25%
Projected Revenue Growth (Next 2 Years): 20% annually
Debt-to-Equity Ratio: 0.3 (moderate leverage)
Cash Reserves: $10 billion
Current Ratio: 2.5
Notable News & Social Sentiment
News Highlight: November 6, 2024 – NVIDIA announced a strategic partnership with a leading cloud provider, boosting investor confidence.
Social Buzz: Positive discussions on platforms like Twitter and Reddit, with investors optimistic about NVIDIA's future prospects.
Competitive Comparison
Advanced Micro Devices, Inc. (AMD): $145.07, P/E 40.00, Revenue Growth 30%
Intel Corporation (INTC): $24.95, P/E 15.00, Revenue Growth 5%
Investment Analysis: Entry Now or Wait for a Pullback?
1. Entry at $146.43 (Current Price)
Target Price (TP): $160.00
Potential Upside: $160.00 - $146.43 = $13.57
Percentage Gain: ~9.27%
Stop Loss (SL): $135.00
Potential Downside: $146.43 - $135.00 = $11.43
Percentage Loss: ~7.80%
Risk/Reward Ratio: 9.27% (reward) / 7.80% (risk) ≈ 1.19
Entering at $146.43 offers a moderate risk/reward ratio, with potential gains slightly outweighing potential losses. However, the proximity to overbought RSI levels suggests a cautious approach.
2. Entry at $135.00 (Wait for Pullback)
Target Price (TP): $160.00
Potential Upside: $160.00 - $135.00 = $25.00
Percentage Gain: ~18.52%
Stop Loss (SL): $125.00
Potential Downside: $135.00 - $125.00 = $10.00
Percentage Loss: ~7.41%
Risk/Reward Ratio: 18.52% (reward) / 7.41% (risk) ≈ 2.50
Waiting for a pullback to $135.00 provides a more favorable risk/reward ratio, offering greater potential gains relative to potential losses. This strategy aligns with a more conservative investment approach.
Price Forecast Scenarios
Optimistic: $160.00 (assuming continued bullish momentum)
Neutral: $150.00 (aligning with current resistance levels)
Pessimistic: $125.00 (testing lower support levels)
Conclusion
NVIDIA's recent performance reflects strong growth and positive market sentiment.
Aggressive Entry (Today's Price, $146.43): Offers potential for short-term gains but carries higher risk due to near overbought conditions.
Conservative Entry (Pullback to $135.00): Provides a better risk/reward balance, ideal for those seeking a more cautious approach.
Verdict: While both strategies have merit, waiting for a pullback to $135.00 offers a more balanced entry point, allowing investors to capitalize on NVIDIA's growth potential with reduced risk.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk. Always conduct your own research and consult with a financial advisor before making any investment decisions. Use this information at your own risk; I am not responsible for any outcomes that do not align with expectations.
Clear sign of 153 as the trend continues upIndescribably, one of the most significant moments for the stock is on sound fundamentals, a suitable catalyst, and a technical setup for continuation. The second level upper band on Bollinger shows it can even extend out to 190, and even though there are overbought levels on some indicators, it's business as usual. It can retrace as it has been doing, and 136 is a good start on the trend line. It could fake a further drop only to catch back up, watching for the correction more than a continuation, but all angles of the stock are extreme in volume, volatility, and price action.
NVDA Long: Close out your shortsI have previously made a bearish case for NVDA that was invalidated as of the last session. Now that NVDA has hit a new high, we need to revert to a more "normal" way of counting our waves.
Over here, I presented the case where the minimum target price is 156 and the next target is 174. So, do not hold onto your shorts.
$NVDA #Path2Greatness #GloryChannel 150+ EZSurprised no ones posted "grail" of a channel... Maybe the pro's dont want us sharing the "secrets" of the sauce...
How to trade this channel for dummies; Buy the low end / bottom of the channel and Sell the High side / top of channel.
Happy Thanksgiving!
PS: NASDAQ:TSLA to 300+ "This IS SPARTA!!!"
NVDA - NVIDIA
NVIDIA has reported strong demand for its artificial intelligence graphics processing units, with its latest Blackwell processors sold out for 12 months, according to Morgan Stanley.
NVDA buyingCup and handle formation is positive in an uptrend and has broken through the neck of the cup.
The 3 New Rules For Trading Nvidia StockIts been a long night i really feel
the night was very long and tiring.
I had a cup of coffee around 17 hours
Almost before the sunset.
I knew I should not drink coffee near
The sunset its a bad habit of mine.
I was trying to convince myself
that by the time
When the market closes I will have enough
energy to sleep
Of course, I will do a little exercise before
bedtime to help
With insomnia.
Watching the financial market can be a stress
especially if you
are doing it full-time like myself.
But with a system things become easier
The only challenge is in the
beginning because you have to develop this
mindset of always studying the market
And then finally once you know the market you
seem not to want to stop
This is why I have developed the 3 rules for
trading NASDAQ:NVDA
Rule 1:The price has to be above the 50 ma
Rule 2:The price has to be above the 200 ma
Rule 3:The price should gap up in a trend
Now I do love dip-buying stock prices
but sometimes you need a strategy that
can adapt to the market
this strategy is called the rocket booster
it will help you adapt to any market
like seriously
any market
This is the basis strategy for beginners
and experts
To learn more Rocket boost
this content
Disclaimer: Trading is risky you will
lose money whether you like it or not
Please learn risk management and profit-taking
strategies, Because you will lose money
whether you like it or not.
NVDA Technical ChartWatching for NVDA to break the upper resistance. Next Support is about $131. Current price action seems to show it want to test out the upper resistance. I also drew the Fib Retracement. It hasn't done major pullback since Sept 6th low.
NVDA EXTREMELY BEARISH!!target between 45 and 18, extreme weekly divergence, with last week being a reversal candle, the trigger would be a weekly break below 130$
NVDA, long, Entry: 137.62, Stop: 137.03, Timeframe: 4h**Trade Type:** long
**Ticker:** NVDA
**Entry Price:** 137.62
**Stop Loss:** 137.03
**Take Profit 1:** 138.94
**Take Profit 2:** 140.29
**Risk/Reward Ratio:** 4.49
**Timeframe:** 4h
NVIDIA Drop expected The stock is overvalued
seasonality is down for the coming month
price has rejected and tested the supply level and should be expected to go down and hot the demand level
Trade safe
Nvidia Is Following This Simple 3 Step SystemThe time has come again for NASDAQ:NVDA
to shine again..you see it was
during the pandemic when This
stock started to shine..everyone was talking
about it...i still remember it
like yesterday..it was the A.I. Boom!!
It was crazy..people were buying
it and making money
It was crazy times..last week I saw Amazon
Hit new highs..
So this year Nvidia
is left behind but there's still hope
With this 3-step system
you can still hop on the Nvidia train
to profit taking.
The 3-step system is very simple
and yes it works.
Its as follows:
Step#1 - The price has to be above the 50 EMA
Step#2 - The price has to be above the 200 MA
Step#3 - The price has to gap up
Now on this chart, you will see
the William % This indicator
is an oscillator
Meant to show you whether the price
is undervalued or not
In this case, Nvidia is undervalued--meaning its
cheap this is why you won't hear about it
In mainstream media.
Because when the stock price is cheap no one talks about it
in mainstream media
In fact you may actually even
get huge backlash for recommending it
on mainstream media.
By the time the stock hits mainstream media
it's too late to profit from it am sorry
Anyway, if you want to learn more
rocket boost this content
Disclaimer: Trading is risky
please learn risk management and profit taking
strategies
because you will lose money whether
you like it or not.
NVDA Analysis: Rebound or Breakdown! Nov.6, 2024Price Action & Key Levels:
Support Levels:
Immediate support around $135 (current bid/ask zone), aligning with recent consolidation. A breakdown here could indicate further bearish sentiment.
Strong support around $132.12 and $130.26. If NVDA tests these levels, it may present a potential buying opportunity if accompanied by strong bullish volume.
Resistance Levels:
Closest resistance at $139.86, which has been tested multiple times without breaking through. This level represents the first bullish target if NVDA gains upward momentum.
Above that, $142.26 and $144.13 are further resistance zones. Breaking these levels may signal a stronger bullish move, especially if accompanied by a volume surge.
Trend Analysis:
NVDA is currently in a short-term downtrend, with a descending trendline resistance. The MACD is bearish, reflecting selling pressure.
Watch for a potential reversal if MACD begins to converge or cross bullishly, especially near strong support levels.
Entry/Exit Suggestions:
Bullish Entry: Consider entering around $135 with a tight stop if there is a strong rejection or bullish confirmation. Initial targets could be $139.86 and $142.26.
Bearish Entry: If NVDA breaks $135 with high volume, consider a short position targeting $132.12 and potentially $130.26.
Exit Strategy: For long positions, take profits at resistance levels and keep stops tight due to the current bearish momentum. For shorts, exit near support levels to secure gains.
Disclaimer: This analysis is for educational purposes only and is not financial advice. Please conduct your own research and risk management.
Nvidia [NVDA] Top is in!! [S #1]----------------------------------------------------------------------------------------------
**First off, I have not posted in a while but the good news is I plan to become active and post consistently!
I will be providing high quality signals, and only signals and analysis that I personally find worth showing. Any smaller less likely to succeed trades I will be avoiding.
This will be a new series of content, I will label posts depending on category:
= Signal (Expect clear and direct post, I will not be showing or explaining much of the TA)
= Educative Post (I will be showing my Technical Analysis (TA) and teaching how it works)
Since this is a new series of posts, I will label this post as the first signal (S #1)
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***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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Current Price which is $140,25 at market close, and $140.30 during the pre market.
It is already starting to dip a bit during the pre market!
This Signal is based from bearish divergences, price action, miscellaneous bear flags, and my special indicator.
$135.24
$127.87
$122.71
Tight Stop loss: $142.52
Good Stop loss: $144.50
Loose Stop loss: $146.20
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***ALL ANALYSIS, SIGNALS, AND ANY CONTENT IS FOR EDUCATIONAL PURPOSES
ONLY AND ARE NOT MEANT TO BE PROFITED OFF.***
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NVIDIA on the Move: Key Levels to Watch! NVIDIA’s setting up for some action: we’re looking at a run to $143.60, but if we break through, we could be cruising up to the $150–$153 range! On the flip side, if we slip below $129.72, brace yourself—$117 could be on deck. Let’s keep it simple and see how it plays out!"
Easy Breakdown for the Trade
Current Target: $143.60
Right now, NVIDIA’s aiming at $143.60. If buyers keep stepping in, this is the first level we’re likely to hit. Think of it as the “first checkpoint” for our bullish move.
The Bullish Range: $150–$153
Breaking past $143.60 could open up a fresh wave of momentum. If we get through this level with some energy, then NVIDIA could quickly head up to the $150–$153 range. This is the zone where we’d see if buyers are still strong, so keep it on your radar if we reach it.
Critical Support at $129.72
Now, here’s the key to the downside. $129.72 is the level holding NVIDIA up right now. If we lose this support, it’s a signal that sellers have taken control. This could mean a strong dip is in the works.
Downside Target: $117
If we break $129.72, the next realistic target to the downside is $117. It’s a significant drop, but definitely within range if support doesn’t hold.
Trading Tip
Mark your levels and watch for those breaks! $143.60 is our short-term target, and if we clear it, we’re looking up to $150–$153. But if NVIDIA slips below $129.72, $117 becomes a real possibility. Keep it flexible, and trade the levels!
Mindbloome Trading / Kris
Mindbloome Exchange
NVDA - Cup and HandleNVIDIA (NVDA) has recently shown a "cup and handle" pattern, a bullish signal often indicating potential for a price breakout. This pattern, with a rounded "cup" followed by a consolidation "handle," suggests the stock could be primed for an upward move, making it attractive for long positions.
Several factors support this technical setup. NVIDIA has shown strong year-to-date returns, demonstrating resilience and investor interest. Additionally, with its upcoming inclusion in the Dow Jones Industrial Average, the stock may see increased inflows from index-tracking funds, adding further upward pressure. These technical and fundamental aspects combined create a favorable outlook for long positions in NVDA.
