NVDA with high volume broke out of the trading range 400 to 500 which has been a range for more than 6 months and trades at around 550 atm.
Usually, after significant breakouts, price movement tend to Rallye not more than 5% higher off of an all-time high, if it does euphoria is kicking in. Price action could look for a pullback or consolidation to former...
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📉 Technical and Fundamental Insights
On the hourly chart, you can see how the price is trading at the upper boundary of the descending channel and has hit the MA(200).
Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOGL) essentially said...
Most people that don't own a computer that includes an NVIDIA graphics processor will not know the core reason for why NVIDIA as a company is doing so well. NVIDIA updates their more current lineup of graphics processors on a regular basis the same way Microsoft has updated their systems with finite tweaks. Each month Nvidia updates and upgrades their processors...
Same as last NASDAQ:NVDA post. Megaphone resistance breaking or holding right now might be a bulltrap or a breakout. AMEX:SPY bounce is ridiculous btw haha.
I want lower prices. Fast, otherwise tomorrow looks like squeezed shorts on the menu...
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...
Executive Summary:
Our comprehensive analysis of NVIDIA Corporation (NVDA) encompasses a multitude of technical indicators and fundamental data. As of the latest observation, NVDA has exhibited a mixed sentiment, warranting a nuanced approach for potential entry and exit points. The current market position presents a speculative upside target of $993.62, aligning...
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
Nvda bounced off support, causing a 4-hour time frame double bottom. Yet, it is getting rejected at the 830-supply zone. Bringing 770 back on the table with a possible fall though. Enter a short position here.
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...
The stock is completing wave v of (c) of a higher degree C. I'm anticipating price to drop further to fill the gap that was created in the $700 range. Here, we'll be preparing to buy.
As I look at the price action of this stock, and the chart in particular, I currently see two things in April 2024; one is double top over 4-5 sessions, which could cause an imminent drop to mid 700s and beyond, the second is the lunge to 758 a very key area of resistance that was support which could push this to the next leg. As earnings approach, this could...
