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
Danger looming, watch for a neckline break... could pull back to the .5 fib..
if we break past the resistance line above the right shoulder, we are in the clear for more upside.
Entry: 864.50
Stop: 834.55
Target 1: 922.25
Target 2: 967.66
Price traded below 3/04/2024 Week low. Given that price closed back inside the range, I'm expecting higher prices for the rest of the month.
Currently, NVDA seems to be forming a double bottom pattern, indicating a potential upward trend in the stock. I plan to wait for a pullback to around $892 before entering a long position. My profit-taking targets are set at $924, $940, and $967.
After the first liquidation which happen, a second one occur, I'm expecting now the price to go up,
Identified on the graph 2 liquidations, breaker block in grey, market shit.
Target Equal Highs and all time highs
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...
boost and follow for more! ❤️🔥January 18th I released a bullish update with 600-700 dollar price targets, since then we have smashed those targets.. Also we had a recent earnings report.
So time for some updates? Well it looks like this "AI hype/AI bubble" isn't slowing down, the earnings on NVDA were extremely good. So I have raised my Price target from 700 to...
NVIDIA, Is not over yet. Lets find out why.
Lets see where is leaking from and put them together.
First we need to see how much they have manipulated the data.
Quarter 1, 2024 during Feb support was confirmed over Jan, 2024 as well as Quarter 4, Dec 2023, but NVIDIA clearly ignored the correct retest level . Expect as low as $522.52.
Then when arrived at...
Just wanted to share our heck of a option play that we pulled this morning with NVDA, as a projected pullback from the recent bounce and reaction from the CPI/PPI/Unemply. Data that was release this weekend.
CNBC Analysts touted this as a safehaven, but I thought it was a false narrative based on the TA and what we were seeing on the charts going into the...
Extremely high volume bearish engulfing candlestick is meaningful
I tell you that big player is sell big lot
from Elliot wave theory this might begin 4wave correction
also if you check insider trading tracking
you will see that insider sold almost all of their stock share
insider now own only 4% of NVDA
so this is good place to short with at least 2RR
Got bored on a dip, price of this stock filled the Weekly gap before it distribute to the higher 1000$ per stock.
Are you short? well lets see how this AI driven stocks .
This is not a financial advice folks. stay out your options trading, but its upto you.
This is just my view. Your view is different, we are humans we have different perspective in life.
My...
Despite the recent market downturn, the long uptrend and strength of Nvidia and Meta remain intact. While short-term market fluctuations may present challenges, the long-term growth potential of Meta and Nvidia outweighs the current market volatility.
Risk-Reward Profile:
While investing in any stock carries inherent risks, the risk-reward profile for Meta and...
NASDAQ:NVDA is over-speculated on the short-term and intermediate-term trends. It has minimal support nearby for holding for a position trade.
Without retail groups or smaller funds, the price action is weakening at this time. Nvidia doesn't report until May 22 which is very late in the season but for now, it has some minor rotation going on.
If it continues...
YES, #Nvidia still in an uptrend on higher time frames.
A roll over always starts from the smaller time frames & can cascade to the higher ones if the extend for long periods of time.
Very early. Probably why there is still so much complacency, ther is no urgency right now.
Nvda likes that 200 week moving average, i wouldn't be buying when it's trading this far away from it. Look for these two to meet in the future (no it won't be tomorrow...)
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...
