Nvidia
NVDA channel.We see a long-term channel (purple lines). It started in 2016. In October 2018, it was broken. Then the "Diamond" model was formed. And the growth began until March 2020. Then the price of April 2020 pushed off from the support of the "diamond" and took a course sharply up to rejoin the old purple trend.
Today we are near the trend resistance, the peak growth is limited to $620-630 and the stabilization in the range of $605-615 at best. In the worst case, close to the day of the report, the price will draw something similar to the "Double Top" model and, breaking through the "neck" level, will go down to the support of the channel - to $525.
A breakout may be about to happen / NVDAToday we will analyze the current situation of NVDA
- We can see a Massive consolidation that started in September 2020 to Date (160 days)
- From a Technical perspective we can consider it as a Flat Triangle
- The way of trading this structure is waiting for the breakout above it (that's the signal that the pattern is active) where we have the green line
- Stop-loss can be set below the whole structure
- We can use Fibo Extenssions to define the possible target or we can use the higher trendline of the ascending channel (In this case we have a convergence between those levels)
- First fibo extension will be the level we will use to protect our position (risk-free) and we will aim to close our setup on the 2nd fibo extension
- Take into consideration that this type of movements may take 3 to 6 months to be completed (patience is key in this discipline)
🎮 Nvidia — Big 🐻 comes out of hibernation.● 4D
NASDAQ:NVDA
I really want to believe that only the first wave of V of (III) is formed from the top of triangle IV . But it is necessary to prepare for the worst — for the main scenario, where on the horizon the senior correction of the fourth wave of the " Supercycle " degree with approximate goals of ⁓ 10 $.
● 1D
NASDAQ:NVDA
The area indicated by the pink channel can serve as a reversal target. In the range of 830-870 , there is a cluster of significant Fibo extensions. The primary wave ⑤ will complete its target by reaching 161.8% of the wavelength ① . When the values of 830-840 are reached, the wave ④ will divide the wave V in the Fibonacci ratio, and the waves (1)-(5) in the composition ⑤ of V will reach equality.
● 2h
NASDAQ:NVDA
It is very likely that the wave (4) is completed by a contracting triangle with a further exit up. An excellent setup for buy trades with an eye on the early resumption of growth with the final wave (5) of ⑤ .
The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
NVIDIA shall drop and rise like the phoenix!In light of market volatility, I'm expecting $NVDA to be a downward trend (see the SELL signal and 8 confirmations) to their low FIBO retracement,
and then bounce off from support and rise towards earnings runup.
Happy Trading, from CJ -- aka the greatest FURU.
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NVIDIA still rangebound; possible swing opportunity (again)When NVIDIA touched the support of the lower channel I bought for a swing trade to the top of the channel. That was an easy 10% profit in about 4 days with very minimal risk since I bought at support. That resistance is proving to be strong at the moment. It is sending NVIDIA down again. Also, MACD is below 0 and pretty flat and ADX is also flat, which corroborate the rangebound price. Those moving averages may offer some support but if the price gets to the bottom of the channel and the support holds I am buying again with the same strategy. I will keep and eye on those indicators along with Stoch RSI to help me find a good entry with a clear upside.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
$NVDA - 25-35% gains by April - JuneNVDA will break out before earnings are here. If you want to get those sweet gains, buy in from now. A last dip to 520 might occur, it might now. Better be safe than sorry and lock in at 540 from now.
This is a 2-3 month play maybe 4 month play depending on what NVDA announces during their earnings. If they announce an acquisition, the high price on earnings will dip back to 550 from 600 by wallstreetbets and others before being bought all the way to 680 over the next few months by more clever and opportune traders.
tldr:
1) Run to 600 for earnings
2) Good earnings = Dip and quick run to 680 or more.
2) Bad earnings = Dip and slow run to 680 or more over months.
Breakouts happen from 2 days up to 1 and a half month before earnings depending on how known a company is. For NVDA, i think we're about to start seeing the price run up in expectation to the earnings all the way up to the earnings date. You can buy now and sell before earnings for easy money.
Buying from now and holding post earnings is riskier and could wipe what you earned or double it.
Take your pick on what to do.
NIO- Partnership with NVIDIA and QualcommShort-term catalysts may be in the play for NIO.
On January 9, NIO unveiled its long-awaited first sedan, the NIO ET7 which uses Nvidia's DRIVE Orin system-on-a-chip and Qualcomm's chips for 5G capability. Together, NIO and NVIDIA aim to accelerate the development of autonomous driving on smart vehicles.
According to CNEVPOST, on Saturday, Qualcomm said that it would work with NIO to bring the latest next-generation digital cockpit technology to the ET7, which would use the third-generation Qualcomm Snapdragon Automotive Digital Cockpit Platform and the Qualcomm Snapdragon Automotive 5G Platform.
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DYOR, not the investment advice.
NVIDIA on the bottom of the channelNVIDIA has been trading on a channel for the past couple of months. Today it dropped 5% to the bottom of the channel. Although Stochastic and MACD (not on the chart) are not giving any clear signals, the OBV has been moving up throughout this time, which means interest is high and traders are buying at these levels. I already have a nice amount of shares but I am planning to buy at the support and sell at the top of the channel (for about 10% profit) if it gets there in the short/mid term. My stop loss will be placed just below the lower line of the channel.
***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!***
***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
NVIDIA - time to get outWith recent bitcoin mania, one would think that NASDAQ:NVDA would be one of the stocks to benefit.
However, stock is performing quite weak lately and now seems to be breaking down after failed attempt to make new highs in recent days
Might be good short opportunity of another overextended name in tech sector
Nvidia long position ongoing. Hello traders.
Just wanted to share an ongoing Nvidia trade with opportunity to still enter before market reopen.
Working the H1 time frame here on this stock using a follow trend script.
Nvidia is a great example of how the script I'm using can be used on stocks if you operate on lower time frames to catch the ups and downs needed for working those lower time frames.
On this stock I'm using the script to work to a stop loss and take profit target.
Back test data is show at the bottom of screen on three years worth of data.
For anymore information please drop me a message.
NVDA to All Time HighsGood morning traders, today we want to share our analysis in NVDA.
🔸Needless to say, it is a stock that has been extremely bullish for a long time.
🔸This year, the price had an increase of more than 200%, and with very few corrective processes, one at the beginning of the year with the downside move suffered by most of the assets, and the current correction, which is 25%.
🔸Respecting the bullish vision, we consider that after the current consolidation process, we will see a new upside move, which will again lead to record highs.
🔸Of course, this will be valid only if the price can penetrate the resistance zone, since while it is inside the retracement, we cannot define when the breakout will happen.
🔸The estimated minimum price of increase is 20%, which is the size of the correction range, projected upward.