hi Traders
NVDA is not looking bad here on 1h time frame.
The price reclaimed the support and we got a double bottom pattern.
Entering long position at 845 $ to play a bounce is very justified here.
2 targets:
887 $
906 $
Stop loss: 830 $
Good luck
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...
🔴 Resistance - 837 🔴
🚀 Target - 863 - 877 🚀
🟢 Support - 829 🟢
🚀 Target - 803 - 791 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
In a long-term uptrend, corrections are inevitable. How much the correction will be depends on each individual stock.
At the end of the session on April 17, 2024, NASDAQ:NVDA is correcting towards the MA-50 and is temporarily closing below the 10-week MA, if during the session on April 18,, the last session of this week, the stock cannot recover above it.
The...
I'm not really interested in stocks etc.. They move too slow, are cumbersome to trade and require research..
No thanks..
But.. What does interest me is testing the boundaries of Method to see if and how it overlaps with other markets and whether it's a transferrable skill / toolset..
What to do about nVidia is a really easy answer..
SELL IT!
That massive...
And finally, NVDA.
Setup is beraish on the 4 hour, with the immediate point being the yellow line in the chart. We usually overshoot these Heikin ashi setup targets so look to the calculate low targets starting at 849.
I was thinking we would fall back down into the gap support and then break below it (the purple box), however, owning to that over-zealous...
Here's a neat little POTENTIAL setup.
I added a projection line.
I probably shouldn't have added a projection line.
It will probably make me look stupid in a few months to a year.
Or maybe even right now.
Depends if you like my charts or not.
Or have just recently followed.
This chart is a little more longer term.
Do I think NVDA crashes some 32% to $620...
There are always two sides to every coin, heads or tails; and there are always two sides to every chart, bearish and bullish.
Here we are going to be looking at the signals for the NVDA stock on both sides.
Nvidia was already a massive company thanks to its chips and cards but with the advent of Cryptocurrency it become #1. Now we have this situation where the...
🔴 Resistance - 879 🔴
🚀 Target - 889 - 894 🚀
🟢 Support - 873 🟢
🚀 Target - 862 - 853 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
Updating my analysis with some additions of some key levels to watch for as price makes it's way higher.
I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels.
Even though price seems to be forming a H&S top, I'm not sure that we break down here.
I think the most likely scenario is...
"Technical analysis suggests Nvidia may be forming a bull pennant pattern, potentially indicating future price movement within the range of $620-$1100."
NVIDIA Bouncing off its Fib 0.236 support and is consolidating. At the moment more bearish momentum but we will wait and see if the tide changes
Mapped out in Blue line where we predict prices to go with price targets
