This idea is based on the need for price to close a gap i.e. GAP UPFILL. On the 1-hour time frame, Nvidia posted a gap on the 24 th Feb 2024. This gap spans $680-$740 and remains unfilled. Price topped at $975 on 9th March 2024, and then went into a distribution consolidation. In April 2024 we have seen a break and retest of this consolidation. This idea...
This is for any gambling men out there... I see structures... My 6th Sense... Fib levels are targets and support... I think this idea/chart speaks for itself. NASDAQ:NVDA puts feel cheap right now. This is a CHEAP IDEA , not high prob like I try with a lot of my posts...
04/24/2024 MACD clearly shows bearish momentum , wider lines RSI not over sold price action : Resistance at 50 day MA and bearish downside reversal candle stick pattern: Bearish Engulfing Sell 800 , target 760
im bullish on this late in the day as long as we can remain inside the reversal trend. while above this area average ill be targeting the mean range highs.
Zones held up pretty good today. Working on getting these out premarket but super busy. Upside Targets: * Downside Targets: * Daily Trend Tracker *DXY - Bullish - *VIX - Bearish - *US10Y - Bullish
Rising wedge = bearish build... into the Megaphone Resistance... Adding to conviction of 800 break down again soon... Probability going up on Puts Be Water - Prof
Simple project where all lines from all rectangles are projected potential support and resistance. Looking to catch at least one reversal (in either direction) with a candlestick pattern or signal at any of them. The vertical ones are more like time stamps for potential essential events like change in mood, sentiment, volatility or other. The polygon is more...
According to the chart, if the candlestick stands above the resistance level as shown and the RSI line crosses above the 70 line, it indicates a potential opportunity for entering a long position to capture profits. However, if the conditions haven't been met yet, it's advisable to wait for confirmation before buying.
NVDA is neutral on its 1D technical outlook (RSI = 45.860, MACD = -7.940, ADX = 34.317) as it corrected to a respectable extent, a correction that we have been expected as pointed out on our latest idea. The Channel Up is intact, the price crossed under the 1D MA50 and like the September-October correction, it may consolidate until it catches up with the 1D MA100....
Looking for continuation of downtrend once price reaches the downtrend line, supply, 0.618 Fibonacci level.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NVDA has been overall bullish from a long-term perspective, trading above the blue trendline which is acting as a non-horizontal support. After breaking below the last low marked in red, NVDA has been in a correction phase from a medium-term perspective. Moreover, the...
The breakdown action of NVDA on 04/18/24 and 04/19/24 could have long-term consequences. Monthly RSI has a bearish cross of its moving average line. Also Monthly Stochastic has bearish lines cross. These signals have not occurred since December 2021. Subsequently NVDA decline 69% from its November 2021 top. If NVDA now has a similar decline it could fall...
NASDAQ:NVDA is looking poised for a PMG phenomenon not to be missed. Short sellers will be jumping on bad sentiment to hunt for Low of each candle. That is the STRAT methodology! It works. Bears do all the easy money earning 3 to 5x faster than a Bull! But not easy to short.
NVIDIA hovering on $758 support. Right as we predicted, tide has switched fast and furious downwards. Mapped out in Blue line where we predict prices to go with price targets
Stock is overbought and is overextended. There is a major gap at the $300 level that will need to be filled. Semiconductors have also always been cyclical, and have seen major drawdown on their stock every cycle after major run ups.
Just one week ago NVDA looked like it could reach 1,000. Todays massive break of support now makes it more likely to reach 500. Only one Stochastic line has reached the overbought zone. RSI is above the oversold zone.
Hello Traders and Investors, today I will take a look at Nvidia. -------- Explanation of my video analysis: For more than 6 years Nvidia stock has been trading in a pretty obvious rising channel formation. At the moment Nvidia stock is actually retesting the upper resistance trendline. Considering that Nvidia stock also rallied 650% over the past couple of...
Here's what I've gathered: Prioritize thoughtful consideration before making decisions, especially in trading.