NVDA Forecast Until END of 2024This is just an opinion, but I think we have some consolidation, and after that, hopefully, we will be back on the upward trend again by the end of 20204.
NVDA trade ideas
Help a brother out!Looking for support at $121. I'm sure by next week we'll see if we bounce off $121.
NVDA Back to SupportIt's a bit of a bloodbath today for tech, but NVDA is coming right back into support after rejecting at ATH. Should be a key area to determine direction, I'm leaning towards a bounce but it's rough out there right now. Either way, decent setup here.
Both the long and short have good R/R. Long here with a stop below $131.50ish, or short on a break and retest with a stop above.
This is Wyckoff Volume Spread Analysis in a Downtrend In this short video, Author of "Trading in the Shadow of the Smart Money", Gavin Holmes, shows one of the major Volume Spread Analysis set ups to go short, No Demand in a downtrend.
In this example Gavin went short in the NQ Nasdaq futures because of bullish news in stock NVIDA which caused both the index and the stock to collapse at the time of filming.
All markets move on three key universal laws.
Supply and Demand
Cause and Effect
Effort Vs Result
You can get a copy of the latest Wyckoff VSA trading plan by going to www.tradeguider.com and clicking on the TradeToWin page or contact us on livechat on the front page.
Wishing You all good trading and constant profits,
Gavin Holmes
Author "Trading in the Shadow of the Smart Money"
www.amazon.com
THRIVING IN CHAOSAs elections draws near, the result/outcome will definitely affect the financial market so WHY WILL NVIDIA GROW EVEN WITH THE WW3 LOOMING?
1.NVIDIA is the leaser in the artificial intelligence(AI) and data centre industries, largely due its cutting edge GPUS. These GPUs are essential for training large AI models like OpenAI's GBT series and other machine learning systems.
2.The company's AI- focused hardware, particularly the H100 GPUs ,is essential for training deep learning models ,autofocus vehicles and cloud based AI system
3.NVIDIA is branching into automotive AI and autofocus driving technology, partnering with companies like Mercedes and other automakers to provide the computing power needed for autonomous vehicles.
4.This company has has seen enormous growth in its data centre segment, which now contributes significantly to its revenue
6.The company has made strategic acquisitions, such as MELLANOX, which expanded its data centre and networking capabilities
AS TECHNOLOGY CONTINUE TO EVOLVE ,NVIDIA WILL BE THE CENTRE OF ATTENTION. LONG TERM BUY
There is a bullish structure that has been formed( w pattern) inside a bullish triangle showing a continuation bull movement/mometum coming . good luck on the longs
NVDIA Don't miss this opportunity. Can even reach $240.NVDIA (NVDA) gave us the most solid buy entry back on our August 08 signal (see chart below), following a -35% decline:
Such declines are standard technical buy opportunities especially when taken place at the bottom (Higher Lows trend-line) of the 2-year Channel Up (since October 2022). As you can see, the stock made new All Time Highs (ATH) and as it remains below the middle of the Channel, the upwards potential is significant.
As long as the 1D MA200 (orange trend-line) supports, we remain bullish on our original long-term Target ($190.00) but now we feel confident to target by the start of 2025 the upper layer of the pattern, setting Target 2 at $240.00 (Fibonacci extension 3.0).
Note also that, as mentioned on our previous analysis, the current Bullish Leg continues to look very similar to the one that bottomed on October 2022. This is also evident on their 1D RSI fractals.
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10/31/2024. NVDA Daily chart--> KEY LEVELSNVDA: Buyside needs to hold: 135.90. Buyside daily target: $145.18
If $135.90 breaks, possible today (YM has daily sell trigger already), NVDA could retrace to $125.01 (buy line, exit point from initial break of 117.
NVDA lets go DOWNNASDAQ:NVDA
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I continue to believe that the short on this stock will quite reach the lower values. Let's open shorts and take our profit soon.
Expect a move to 148 this weekTesla has been steadily grinding higher in this upwards channel. It just formed a nice cup and handle and consolidated it's last high as a new bottom. This is ready for a next leg up.
NVDA Revving Engine UpA nice Consolidation over the last 2 weeks with declining Volume.
An easy move to 155-160 is imminent.
#nvda #NVIDIA #semis #chips #nasdaq
NVIDIA at a Crossroads: Breakout to $150+ or a Dip to $138 Morning, trading family! Hope you’re all doing well. Let’s chat about NVDA—things are shaping up, and it feels like we’re at a bit of a crossroads. I’ve got a few scenarios in mind, so let’s walk through them together.
Scenario 1:
If we can break above this trendline, NVDA could gather some steam and make a nice run into the 150s. That would be a pretty strong move, and if momentum holds, we could keep cruising higher from there.
Scenario 2:
There’s also the chance we dip down into the 139-138 zone first. If buyers show up here, it might just be a little reset—kind of like taking a breath before pushing higher again.
Scenario 3:
If the market decides to break below 138, we could see a deeper pullback toward 136. It might feel like a bigger drop, but that could be the market giving us a better entry point before it starts building back up.
The key here is not to get ahead of things—just let the market show us its hand. It’s all about staying patient and prepared. What do you guys think? Do we break up, or do we get a dip first? I’d love to hear your thoughts—drop a comment below and let’s talk it through.
Mindbloome Trading/ Kris
Trade What You See
NVDA: AnalysisOn NVDA we are faced with two situations. In the event of a strong break of the vwap and the resistance line we would have a high probability of seeing the market go up!! Furthermore, if it is the support line which is broken forcefully we would have a good chance of seeing the market fall.
an NVDA pullback that should soon endsemiconductors and especially large TPU manufacturers have developed a share in a tech rally that is probably not over. the stock usually continues to break to new all time highs when it initially gets through double top weekly resistance at new highs. this volatility is not over, but there are clear levels where the market structure could rebound to poc and vah zones marked out here.
ALL TIME HIGH MEANS NEW BUYERS DAILYNvidia levels are not surprising. Keep buying, these are the new low levels
NVIDIA Waiting for the big day !!!! Although we closed last week with a candlestick pattern called an 'Inside Candle,' the following candle was green, but it didn’t exceed the last high (see slanted yellow arrow).
Nvidia is stronger than ever, but that doesn’t mean the price won’t take a pause or make a small pullback before its report; rather, the price is likely entering an accumulation phase, as everyone expects Nvidia’s upcoming quarterly report to show excellent earnings results.
So my forecast for Nvidia is that it will fluctuate between my point of interest as resistance and the yellow order block as support, but the most important moment here will be its earnings report day—that’s when the price will make a decision and direction.
Thank you for supporting my analysis.
TRADE SAFE
Best regards!"
A Beginner’s Guide to Spotting High-Growth Stocks Like NvidiaWhen it comes to choosing stocks with explosive growth potential, understanding the core fundamentals and market trends of a company can make all the difference. For beginner investors, navigating the financial markets can be overwhelming, but focusing on companies with solid growth indicators, like NASDAQ:NVDA , can offer an edge. Known for its leadership in AI and advanced processing technology, Nvidia exemplifies how a strong market position and innovation pipeline can lead to robust growth.
This guide will walk you through the fundamental and technical indicators to look for in a potential high-growth stock, using Nvidia as a prime example to illustrate these points.
1. Understanding Market Conditions and Sector Trends
The Importance of Sector Trends
Before investing in a single stock, it’s essential to understand the broader market context and sector-specific trends. Nvidia operates within the technology sector, particularly focusing on AI and semiconductor products, which have seen immense demand and interest from institutional investors.
Market Trend Insight : Nvidia’s strength lies in its position within a technology sector that has consistently outperformed other sectors due to increased demand for AI applications and high-performance computing. This sector alignment often signals growth, as companies like Nvidia benefit from broader technological advancements.
Why This Matters : Investing in high-performing sectors can enhance your portfolio’s growth potential, as companies within these sectors are often on the cutting edge of innovation.
2. Key Financial Indicators for Growth Potential
Evaluating Revenue and Earnings Growth
A company’s financial performance can tell you a lot about its growth potential. Nvidia’s EPS (earnings per share) has shown substantial year-over-year growth, driven by rising demand for its processors in data centers, gaming, and AI applications.
EPS Rank and Institutional Interest : Nvidia holds a strong EPS Rank of 99, suggesting it outperforms 99% of the market in earnings growth. Stocks with high EPS rankings attract institutional investors, which provides a strong support base and can create upward momentum for the stock price.
Sales and Profit Margins : Nvidia’s revenues increased from $27 billion in 2022 to over $61 billion in 2024. With a pre-tax margin of 62% in 2024, Nvidia is a solid example of high profitability, which can be a strong indicator of future price growth.
Projection : Over the next four months, Nvidia’s upward trajectory is likely to continue as demand for AI-related technologies grows. This, combined with high institutional interest, could push Nvidia’s stock price to new highs, making it a favorable pick for growth-focused investors.
3. Technical Indicators That Signal Momentum
Using Relative Strength and Moving Averages
Technical analysis is essential for understanding a stock’s momentum. Nvidia’s Relative Strength (RS) Rating of 98 suggests it has been consistently outperforming the market. Additionally, Nvidia is trading above both its 50-day and 200-day moving averages, indicating it’s in a bullish trend.
Accumulation/Distribution Rating : Nvidia’s positive Accumulation/Distribution (Acc/Dist) Rating signifies that more investors are buying than selling, a bullish indicator that hints at increased institutional interest.
Key Insight for Beginners : When a stock stays above its key moving averages, as Nvidia does, it generally suggests that the stock is in a bullish phase. Watching these levels can help investors identify ideal entry points in anticipation of future gains.
4. Understanding Nvidia’s Competitive Advantage in Technology
Why Innovation Matters
Nvidia’s success story is anchored in its innovative product portfolio. From high-performance GPUs (Graphics Processing Units) used in gaming and AI to its advancements in autonomous vehicles, Nvidia is a leader in multiple high-growth tech segments.
Product Demand and Market Potential : Nvidia’s technology is at the heart of AI research, making its products indispensable for data centers, AI model training, and complex computing tasks. As the AI industry grows, so does Nvidia’s market share and relevance.
Growth Potential : As AI becomes increasingly integrated into various sectors, Nvidia’s role will expand, solidifying its place as a long-term growth stock. New investors can find value in Nvidia’s broad market applications, as the demand for AI technology continues to surge.
5. Practical Steps for Beginners: Building a Strategy
Investing in growth stocks like Nvidia requires a disciplined approach. Here are steps beginners can take to maximize their chances of success:
Set Price Targets and Define Your Time Horizon : By establishing clear price targets and knowing when you want to exit, you create a plan that reduces emotional trading and maintains focus on your goals.
Use Stop-Loss Orders for Protection : Stocks with high volatility, like Nvidia, can experience rapid price changes. Setting stop-loss orders protects your investment by automatically selling the stock if it drops below a certain level.
Focus on the Fundamentals : Keep an eye on Nvidia’s earnings reports and sector performance to ensure the company’s fundamentals remain strong. Consistently high EPS, strong sector alignment, and upward momentum are positive signs that you’re holding a stock with long-term potential.
6. Avoiding Common Pitfalls and Emotional Traps
Tips for Managing Risk
Avoid Chasing Overextended Stocks : Nvidia has been in a confirmed uptrend, but buying in during a peak could lead to losses if the stock corrects. Waiting for a minor pullback can offer a better entry point.
Watch for Earnings Announcements : Nvidia’s quarterly earnings often lead to price volatility. Monitor earnings reports to gauge whether the company continues to meet growth expectations.
Takeaway : Staying informed about market trends and understanding your risk tolerance will help you avoid impulsive decisions, a common mistake for beginner investors. Following a disciplined approach can improve your ability to manage risk effectively.
Conclusion: Nvidia’s Growth Story and What It Means for You
NASDAQ:NVDA stands as a prime example of a high-growth stock with strong fundamentals, innovative products, and an aligned market trend. For beginners, Nvidia offers an opportunity to learn how to identify a high-potential stock by focusing on both technical and fundamental indicators. The company’s success in AI and technology sectors provides a clear roadmap for identifying future investment opportunities.
By focusing on companies like Nvidia, with consistent earnings growth, high RS and EPS rankings, and strong institutional support, beginners can create a solid foundation for a growth-focused portfolio. Remember, successful investing is not about timing the market perfectly; it’s about making well-researched decisions and staying committed to a sound investment strategy.
This comprehensive guide on Nvidia not only highlights its current strengths but also provides practical tips for spotting other high-growth stocks. By following these insights, beginner investors can start making informed choices and potentially enjoy the rewards of strategic investing.
NVIDIA weekly and logHello,
A quick look at the past.
Well, it's been going up since 2012!
A short-term trend has resumed in the long-term trend as shown by the regression line channels.
The orange line represents the 200-period simple average.
Make your own opinion, before placing an order.
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Take 40% profit and going downNASDAQ:NVDA
The stock has reached our target zone, bringing us a 40% profit.
For long-term holders – don’t sell; after a correction, it will generate more returns as it’s trending and set for further growth.
For swing traders, consider closing positions as a correction is likely to push prices down. I’ll give you a buy signal again afterward.
NVDA - Keeping out of the good zone ?NVDA has gone up crazy, but it broke out of the good channel, and tried hard to get back in. Now if it break the support line, we could see a large dump.
Not financial advice.
We can extend into the Target Box, But below $128.73 = $95 BucksNvidia has arrived in the target box for our intermediate (B) wave high. Can we extend in the target box? Yes.
However, two things are top of mind to this analyst.
1) The earnings catalyst mid-November is a "keep hope alive event". Therefore, I do not see big trader commitments prior to that. If we go up further into the target box...it will be an overlapping grinding pattern. I see the earnings catalyst as positive fundamentally, but a technical sell event.
2) If price breaches $128.74...that should yield us $95.
If this is how the price action plays out...then at $95, you would do well consider NVDA longs.
Best to all,
Chris
