Resistance Take Profit"NVDA stock seems to be on an upward trend with clear profit points if analyzed from resistance levels and signals sent from anticipated prices. With both anticipated price levels in mind, what strategies would you suggest?"Longby fame25330
Nvidia Takeoff!! $1039 with earnings around the cornerNvidia earnings around the corner are we going to make another ATH in Spy! Will Nvidia get us there, I think so GPU 50 series release Rumors more Cloud Technology added in GPU's!! What else could you ask for in an AI boom!! $1039 price target for NvidiaLongby JoeWtradesUpdated 6612
The market has toppedLooks like the market has topped. There are nasty patterns on most of the semiconductors. Rest of the market has already began the descent. It will be disgustingby CorrectionUpdated 226
Nvidia Major Top at 1,158.19Nvidia Corporation (NVDA) Elliott wave count from its major bottom made in October 2008 appears complete. On 05/30/24 NVDA high was 1,158.19. Major Fibonacci resistance is at 1,157.70 almost a bullseye hit. Daily MACD – Histogram has flattened out. Stochastic has bearish lines cross. None of the other “Magnificent Seven” stocks confirmed NVDA new high. None of the three main U.S. stock indices made new all-time highs. If NVDA has made a major top it could signal the beginning of a multi-month decline in U.S. stocks. Shortby markrivest1
NVIDIA to 2kNVIDIA following 2017 BTC factal nicely. Blow off top looks halfway through with still around 85% upside. Coincided nicely with a top forming around election time. Strap in and ride this rocket to 2k. Longby rcpberridge88110
Signs of Exhaustion in NVIDIA Rally, Correction LoomsAfter the spectacular rally of recent weeks, signs of fatigue are emerging in NVIDIA's stock. A correction at this point would be healthy, although it could be severe. If we apply both a volume profile and Fibonacci levels, we find an extraordinarily conspicuous confluence in the range between $950 and $960, just above the open gap from May 22, 2024 (Earnings Day). However, the confluence area does not completely fill the gap, which aligns with the typical market behavior of not fully closing price gaps, but rather reversing shortly before, thereby shaking out greedy bears from their positions.Shortby Ochlokrat1
$NVDA path to the top - $1170ish targetUpdating 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 that price moves up to the midpoint at $993-1008. If it breaks it, we likely see the highs at the upper resistance levels. If it can't break that level, it sets up a move down to the lower supports. If those supports hold, then it'll set up one final move to the upper resistance levels. My base case is move to midpoint, reject and then a final move to the highs. But reality is, price can take a number of paths from here. You'll want to long the lower supports, reduce risk at the middle supports and sell the top levels. Let's see how it plays out over the coming month.Longby benjihyamUpdated 9393158
Time to pay the piper NVDAThe last two mega caps to fall are nvda and aapl, i think nvda has a date with destiny near 1000 for expiration day Friday. Planning to wait for AM pop. If 1109-1121 hold for the first hour, I want to buy 1100p 0dte. Shortby Pogchamp992
$NVDA perfect #Cup&Handle breakout into perfect #bullflagPerfect is RARE. But thats EXACTLY what the technicals are showing on this beast. Flows are Bullish right now, Fed can't surprise (no balls lol) aka is trapped due to politics, AI is a military priority, this is sector leader (as Livermore would advise trade only leaders) , other Co's need too. Almost a perfect monopoly scenario. Also earnings run up has to be expected... Above 1k I've said on previous charts, STONK SPLIT IN PLAY! "1150 by May" that what the wizard say...Longby Prophecies_R_UsUpdated 1114
$NVDA updated levels and path to the top $1170I still think we hit the same upside levels but think we take a different path to get there than I originally thought. I've been anticipating a big move down before we hit the top, and I still think it happens, but I think we go to different price levels and it happens in a different timeframe than I previously thought. Everyone thinks the trade is going to be simple to the $1200 or so price target, however, I don't think it's going to be that easy. I'm anticipating a 20% pullback before we get to the top, to shake out longs before the last leg higher. I think we continue higher up until the $1071 zone (resistance) around May 29th. Then fall 20% or afterwards to $877 region before continuing up on the last leg higher. What would be the catalyst? Well next week we have GDP and initial jobless claim readings on Thursday and then PCE on Friday. I think that would be the catalyst to bring price back down below $900 before the final leg higher. I think it's a sharp quick move, then we resume the path to the top. Top should be the upper resistance levels. Let's see if it plays out. Longby benjihyamUpdated 665
$NVDA Risk On into Earnings Post Market 5/22/24Seeing lots of double/triple tops on multiple timeframes. Way overbought but that's never an entry thesis. Just love the contrarian risk reward to the downside here with a hard stop at $975. Quick trade one way or the other and my love for NVDA does not constitute a trade per rules. Shortby C0o0kieUpdated 2
NVIDIA - NVDA Prediction May 30th 2024🔴 Resistance - 1151 🔴 🚀 Target - 1168 - 1183 🚀 🟢 Support - 1139 🟢 🚀 Target - 1127 - 1110 🚀 🚫 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 & EMOTIONS HAS NO VALUE IN THE MARKET Our motto is to help each and every individual to reach and achieve their financial goals across the world by empowering individuals with the accurate knowledge and skills necessary to navigate the complexities of the financial markets successfully. 💪 Please NOTE 👉 Levels shared are for Day Trade only. 🚫 Disclaimer 🚫 All information shared here is for educational purposes only, Please conduct thorough research, stay informed about market conditions, and consider their risk tolerance and investment goals when making long-term investment decisions. Consulting with financial advisors and staying updated with the latest economic and market developments is advisable.. We are not responsible for any profit/loss you make. No Buy Sell Recommended 🚫 Request your support and engagement by like, comment & follow to provide encouragement CHEERS 👍by globuscapitasUpdated 7
NVIDIA is going to top out, consolidate before taking offThere's only one more meme rally left before CBDC's. I expect Nvidia to meet guidance for earnings, will spike up and then crater. There's some cheap puts for .20 for 500 strike price for July. Will probably be 450 after it's all said and done when it bottoms out. Which is a 2,250x return if the stock did crater! Couldn't rule out a flash crash. I think if we wait till next week to buy the puts it'll be cheaper, maybe .15 which is a 3,000x. They will definitely soar when the FED ends up cutting rates after the BOJ sells treasuries and BRICS unveil their currency. If Trump wins our country will convert back to a gold standard. If Biden wins they will try to usher in a CBDC. Better own some food, land, ammo and precious metals comrade if you do decide to vote against "Mean Tweets"... Shortby EmptyEternityUpdated 242455
$NVDAscam breached 1.618 ext by quite a bit. sittin above upper BBandz and well overbot. we went for thu weekly 1160 PUTS Shortby nobullshytrader02
NVIDIA: Very Limited Upside Potential - A ScenarioNote: While predicting the future is impossible, the following game plan is based on an analysis of current events, historical patterns, market bubbles, and the growing public fear of artificial intelligence. Please bear in mind that I am an extropist who has been dreaming of the Singularity since I was seven years old, with a keen interest in financial and technological privacy. 1. Current Market Capitalization Unsustainable Levels: As of May 30th, 2024, Nvidia's market capitalization stands at a staggering $2.82 trillion USD. This valuation reflects extremely high growth expectations and significant optimism about Nvidia's future prospects. However, such a lofty valuation may not be sustainable in the face of potential risks and headwinds. Valuation Metrics: Key valuation metrics such as the Price-to-Earnings (P/E) ratio are also at historically high levels, indicating that the stock is priced for perfection. Any deviation from expected growth or profitability could lead to sharp corrections. 2. AI Regulation in 2025 Intensive Regulations: There are growing concerns that the AI industry, which Nvidia heavily relies on for growth, will face stringent regulations by 2025. Governments worldwide are increasingly wary of the ethical implications, data privacy issues, and potential misuse of AI technologies. Impact on Growth: If new regulations impose strict compliance requirements, limit data usage, or introduce hefty fines, Nvidia's AI-driven revenue could be significantly impacted. Compliance costs would rise, innovation might slow down, and the overall profitability could decline, leading to reduced investor confidence and lower stock valuations. 3. Incoming Lawsuits Patent Infringements and IP Disputes: Nvidia is frequently involved in legal battles over intellectual property and patent infringements. As the company expands its technology portfolio, the risk of lawsuits increases, which can lead to costly settlements or prolonged legal battles. Class Action Lawsuits: There is also the potential for class action lawsuits from shareholders if Nvidia fails to meet its lofty expectations or if there are any perceived misrepresentations of its business prospects. Legal troubles can drain resources and divert management attention from growth initiatives, negatively impacting stock performance. 4. Geopolitical Risks: China Invading Taiwan / World War 3 Supply Chain Disruption: Taiwan is a critical hub for semiconductor manufacturing, with companies like TSMC (Taiwan Semiconductor Manufacturing Company) playing a crucial role in Nvidia's supply chain. An invasion by China could disrupt this supply chain, leading to shortages, production delays, and increased costs for Nvidia. Market Sentiment: Geopolitical instability typically spooks investors, leading to market sell-offs. A conflict involving Taiwan would create uncertainty around Nvidia's ability to maintain its production levels and meet market demands. This uncertainty can drive investors to pull out, causing a decline in stock prices. Trade Restrictions: In the event of a conflict, the US and its allies might impose sanctions or trade restrictions on China, further complicating Nvidia's operations and supply chain. These restrictions could limit Nvidia's access to essential materials or technology, affecting its long-term growth prospects. 5. Social Unrest Due to AI Impact Mass Riots Over Job Losses: As AI technology advances, millions of jobs are at risk of being automated. This could lead to significant social unrest as people face unemployment and economic hardship. Mass riots and protests against AI-driven job displacement could create a hostile environment for companies like Nvidia, leading to negative public perception and potential backlash. Intellectual Property Theft Concerns: AI technologies have been criticized for infringing on the intellectual property rights of artists and creators. This could lead to increased legal challenges and a loss of support from the creative community. Public outcry and legal actions from artists claiming that their work is being used without permission could further tarnish Nvidia's reputation and create financial liabilities. In Conclusion: While Nvidia has enjoyed a remarkable rise in its stock price, several factors suggest that its current valuation might be unsustainable. The potential for heavy AI regulations, a surge in lawsuits, geopolitical risks related to China and Taiwan, and social unrest due to AI-driven job losses and intellectual property theft present significant headwinds. Coupled with the current market capitalization at an unprecedented $2.82 trillion USD, these factors collectively argue for a more cautious outlook, suggesting that Nvidia's stock may not have much room to rise further and could even face a significant correction. And as Always: This is NO Financial Advice, Do your own Research. CYANEShortby cy4ne2
NVIDIANVIDIA : Sell Open: 1142 SL: 1200 TP: 955 Nvidia is a leading company in the design, manufacturing, and marketing of graphics processing units (GPUs), central processing units (CPUs), and parallel computing. Founded in 1993, it is headquartered in Santa Clara, California. Nvidia is renowned for its advanced GPUs used in gaming, scientific computing, artificial intelligence, self-driving cars, and other applications. **Reasons for Selling Nvidia Stock:** 1. **Price Increase:** The primary reason for selling Nvidia stock may be its significant price appreciation, prompting some investors to consider profit-taking. 2. **Market Evaluation:** Some investors may believe that the market has overvalued Nvidia, and the stock may be overpriced relative to expected returns. 3. **Sector Risks:** Nvidia operates in the technology sector, known for its rapid fluctuations and transformations. Some investors may prefer to reduce exposure to the risks associated with this sector. 4. **Investment Assessment:** There may be an investment assessment suggesting better returns in other sectors, prompting some investors to reduce their positions in Nvidia and reallocate capital to other investment opportunities. 5. **Financial Return Expectations:** Investors' expectations of Nvidia's future financial returns may also influence their decision to sell, as negative forecasts could impact the stock price.Shortby ahmedqotb1981Updated 2210
Because someone had to short this.We will consider one technical indicator: F = (G * m1 * m2) / d^2 Aka “gravity” Shortby Fibonaccivix114
Nvidia Corporation is in the Area of Major ResistanceNvidia Corporation (NVDA) on 05/29/24 hit 1,154.92 major Fibonacci resistance is at 1,157.70. Just above that is the long – term rising trendline connecting the Oct 2018 and Nov 2021 peaks. MACD – Histogram and lines are still rising implying higher prices. NVDA could make a major top in one or two trading days. Shortby markrivest7
$NVDA #Bullflag #Earnings #History PT;$1200 #DontShort Earnings questions? You've checked the right Idea. "When in doubt, zoom out." Color Coated a lot of these crayon lines for you bois. LOG SCALE Arrows on last earnings and upcoming earnings... I've only seen more and more AI growth/hype... Shorting this is like shorting EV's in 2020 #NotTheTime... "NVDA 1150 by May" ;) - Prof Everything is "lining" up here imo... I'm happy to see people wanting to short this personally, adds to the #Squeeze. #WhiteBoySummer gets started Wednesday 5/22 NVDA 1000C 6/21/2024 @ $35.20 Not financial advice.Longby Prophecies_R_UsUpdated 5
$NVDA All Systems Go. 1000C Lottos 5/17 JUICE IS WORTH SQUEEZE!1024 Target for Lotto Contracts. 10x 1000C @ $0.60 per Been a Lucky Week. (I don't believe in luck) - Prof GL HF Not Financial Advice ;) Longby Prophecies_R_UsUpdated 4
$NVDA to 1150 by May.. Look back at THEE NVDA call.. #BullflagAfter multiple retests of 61.8 fib, I think JPOW just gave clearance past 1k. I implore you to look at what AVGO did when it broke 1,000 critical level as well as look back at TSLA in 2020 pre/post stonk split. NVDA is now a STONK, and those only go up. AMEX:SPY trend line was regained today, classic shake out before next leg up, thought we'd get a better dip honestly, jobless claims tomorrow probably priced in,,, kind of hard not to long this bull flag setup with the trend on your back, look for cheap 1050c for a couple weeks out is my target. Will post position in AM. Longby Prophecies_R_UsUpdated 121249
NVDA monthly chartElliott wave wise, this can be the end of a wave3 on monthly chart. there has been significant reactions to this series of Fibo numbers and even if it has broken up some time, it has come back to the levels as a buy. by trollist0
💫NVIDIA might be ready for ATH: Multitimeframe💫☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Longby Yelli_tradesUpdated 338