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...
NVDA could potentially reach $840 either today or tomorrow, as there is a significant amount of supply waiting to be filled.
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...
Manipulation phase completed, all buyers are out, I'm expecting the price to go up now.
NVIDIA Corporation is forming a bullish flag. It will continue its trend on breakout.
NVDA Nvidia LONG T1 900 T2 950 Stop Loss is explained in the video with partial exit when price breach Horizontal support TL towards downside and remaining exit when green sloping TL breaches towards downside. However, probability of NVDA reaching T1 = 900 and T2 = 950 is very high
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...
Interest rate sensitive Nasdaq composite index off from its 5 monthly gaining streak marked by strong economy projections reneging expected rate cut in June FOMC meeting. NASDAQ:NVDA and its peers from Semiconductor industry overall are continuing to follow market downtrend.
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...
Details in the Chart! NVDA have 2 potential Setups: 1. A Bearish H&S Pattern: Price broke down the neckline , retested the neckline and now heading down to potentially complete the H&S Pattern 2. A fill the Gap setup. The Gap fill will be completed in the zone marked with green rectangular box Both setup indicating a bearish movement toward 750-660 Zone.
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
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.
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...
Will the anchored vWAP of $763.45 on the daily chart for NASDAQ:NVDA (anchored from the low on 3rd January 2024) be defended after Friday's close dipped beneath it? The 15 minute open at 4am this morning ($778.00) looks like a potential intraday key level at this stage...
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.
NVIDIA Channel and Levels Nvidia has support around 740-732 range and since its staying above , next level to break is 797-800 and then 830 -858 is where most of the sideways action may lie in the recent plays. 880 might be the level to break to 900+
On the basis of ABCD pattern expected bullish trend.