$NVDA has a clear inverse head and shoulders pattern on the chart. The neckline at $190 - $197 has already broke.. $260-$290 is my price target by May. $SPY has the same IH&S pattern as well as many other charts, but $NVDA ’s looks the best IMO..
What we can see on the chart is a cup and handle pattern. The price is just breaking out so it's a time to take a long position. Target: 269 $ MACD looks very bullish on daily timeframe. Increasing bullish momentum and the bullish cross confirms a bullishness of NVDA. Moreover, the price has been on a higher lows trajectory. Easy long. Good luck
$NVDA has broken the $200 resistance, looking for a pullback at $190-195 for up-trend continuation. Let's see how FED drives equities! Follow for more updates:
$NVDA soars before market opens after beating the earnings estimates. it also got a price upgrade from few analyst from 225 to 255 or 275 below is my key level for day trading entry and exit. NVDA average price move per day is $7-$10 per day depending on market volatility and catalyst. Below is the price level I'm looking for entries and exit for TSLA: Buy call...
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe Nvidia stock just recently created a very obvious inverted head and shoulders and I uploaded a lot of analysis always pointing towards this bullish pattern which will lead to a longer term bullish move. The past couple of weeks Nvidia already started...
Looking at the NVDA NVIDIA Corporation options chain, i would buy the $180 strike price Calls with 2023-3-17 expiration date for about $16.35 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Remember, this is a medium term play, we could not necessarily see instant results. Looking forward to read your...
The pattern is almost suitable to be implemented in a book if looked at it in a weekly chart. Price is struggling with the 50% retracement level so a bounceback will be good for long entry. Looking for the price to get into the 280 level.
NASDAQ:NVDA It is a breakout of significant resistance zone Target a short term bullish trend. Wait for slight correction to enter into position.
So the retest of the support at neckline was the ideal entry point. I think now its the way up from here. It should not retest that neckline again, else this idea will be invalidated.
NASDAQ:NVDA still have time to have an "outside quarter" ... after breaking last quarter's low, it has rallied to retrace 50% of the previous quarter's candle. This is not an example of #SSS50PercentRule because NASDAQ:NVDA is DOWN on the year, therefore it does not have full time frame continuity. This would be a 16% rise over the next 5 weeks.
Not financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Cup and Handle breakout to the upside with target to $215.50. The breakout to the upside confirmed but is VERY weak. The other sign of hesitance is the moving averages 7 > 21 <200MA Either I'd wait for a test to the new support (Brim level) or a Strong candle up for some thought of upside to come. Target $215.54
NVDA, 1D: The linear regression channel on the above chart is illustrative of 4 standard deviations of potential linear price range. 2 standard deviations up, illustrated by the +2SD and 2 standard deviations down as illustrated by the -2SD, along with the linear mean which is labeled LM . NVDA has fully reverted back to its linear mean ( LM ) in the 131 price...
NVDA 1 hour chart seems to be in continuation of the uptrend. Fibonacci retracement shows that the price came and bounced back from the first support so it's a good time to buy. The chart is valid as long as it keeps making higher highs and lower highs.
Order BUY NVDA NASDAQ.NMS Stop 122.08 LMT 122.08 will be automatically canceled at 20230401 01:00:00 EST NVDA daily RSI divergence with pinnacle pattern consolidation if we clear it from above can run into downtrend resistance trendline
I'm going long on NVDA chart due to series of Higher highs and higher lows. My entry point and stoploss is drawn on the chart.
NVDA daily RSI divergence at the end of wave 5 downtrend. Expect ABC correction or change of trend )))