NVDA is primed for a bullish breakout. The squeeze indicator is displaying a shift to bullish momentum, while the oscillator is about to display a ema crossover, allowing for a preempted play to the bullish side. Not only do we have two indications of bullishness, but we also have a stacked ema allowing for a great bull squeeze. Bullish Signals -Squeeze...
The range resistance level was broken upwards with the minimum target level around 766.
NVDA Short-term LONG/BULLISH - we have seen a bounce off the Fibonacci Retracement 0.5 ($704.44) and a holding support of the 0.382 ($708.45), our next target is the 0.618 of the Fibonacci Extension, a ATH (All-time High) of $724.53! HAVE FUN TRADING!
Price broke higher from the consolidation area in play since the 4th of June. For the past week price has traded within 690 to 701 and provided good opportunities to play both sides of the market. Open drive in Fridays early trading took price beyond the established range to make a new high of 709.30 A short pullback to test the upper range of the boundary...
$NVDA recently broke above this descending channel. With ER coming in 6 days, I will be watching closely for a continuation higher leading up to ER. Today, we closed closely above the 61.80% fib level of $587. It is critical we hold this level, if not - a minor pullback/support at $569 - $571.90 would be a good retracement. If we move higher, we will climb to...
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NVDA seems to be prime for a move up from previous support area and 200 MA to GP and high volume price range.
📈 NASDAQ:NVDA Long D1 🛒Buy above = 616 🎯Target1 = 636.97 🎯Target2 = 649.93 🎯Target3 = 670.89 ⛔️Stop-loss = 582 ❌Cancel trade = 582
We see a long-term channel (purple lines). It started in 2016. In October 2018, it was broken. Then the "Diamond" model was formed. And the growth began until March 2020. Then the price of April 2020 pushed off from the support of the "diamond" and took a course sharply up to rejoin the old purple trend. Today we are near the trend resistance, the peak growth is...
NVDA Bullish triangle pattern complete targeting wave (5) upside that may reach 732. The immediate rally should reach initial target of 657 and then 732. Look to establish bullish positions like a vertical on NVDA. Wave count invalidation at 500.
Made two attempts to break through our top level at 590.67 (blue), most likely will see a third attempt soon that can be our breakout point. Will most likely start to build this position far OTM and after we see a break through the triangle (white) in either direction.
$NVDA can easily see 570-575 levels, one can pick some 550 Calls for the week
Wave ABCDE Correction - Need to perform Wave E Target ~$539 Bear Case: If $522 loses support then Target $507.5
NVDA is one of my favorite stocks. As for the earnings run I couldn't tell you if it will pump or dump after we hear earnings but here is why I like this stock for the following week: 1)MACD hit below -15.00. If we look at the last time it did that we had a month long bull run of +$100. The big unknown is earnings. 2)The support and resistance wedge is getting...
In current situation i see NVDA in a huge uptrend with huge unfilled Gaps, and those gaps perfectly meet the fibonacci retracement of 38.2 and 61.8-78.6 level only if the top is 590. Therefore i think Nvda will long till 590 and find resistance and retrace to those gaps. Giving good opportunities to buy long later on. Right now its risky to sell, and always its...
Idea -Target $572 to $582 Proof: www.patreon.com