NVDA $141 GAP CLOSUREIt hit the resistance and missed the mark by 11 cents. Gap down below needs to be close before it reaches the target. Care for 2 to 3 reversals to make the movement complete to the upside in accordance with trending lines. Entry points are the key.Longby soymundo216
NVDA: Riding the AI Hype Wave to $250!NASDAQ:NVDA just hit its all-time high last friday, reaching my swing trade target. While I took profits as part of my routine discipline, I still believe there's plenty of upside left, with $250 in sight. Here's why: Strong Fundamentals: Nvidia consistently beats earnings expectations, with EPS climbing from $0.11 to $0.68 over recent six quarters. This growth trajectory shows no signs of slowing down, reinforcing the stock's upward momentum. Analyst Confidence: Out of 65 analysts, 51 rate Nvidia as a "Strong Buy," with none suggesting a sell. While the average price target is $149.81, the highest target of $202.79 shows strong backing from the financial community. Bullish Technicals: Weekly and daily moving averages, from the 10-day to the 200-day, are flashing "Buy" across the board. Add to that a myriad of other indicators in different time frames (basically, you name it), and it’s signaling "Buy." In short, everything is pointing towards continued bullish momentum and potential for further gains. Market Leadership: Nvidia's dominance in AI and high-performance computing continues to grow. Its cutting-edge AI chips, as well as its strong presence in data centers and gaming, put the company in a prime position to capitalize on key growth sectors. And finally, why am I more bullish than even the highest analyst target? Well, it’s simple: the hype. Nvidia is at the forefront of the most exciting and disruptive technologies today—AI, data centers, gaming—you name it. The market's enthusiasm surrounding these sectors is growing exponentially, and Nvidia is perfectly positioned to ride that wave. Sometimes, fundamentals and technicals align with pure market excitement, and that’s where I see Nvidia pushing past those conservative estimates toward $250. Disclaimer: This content is for informational and educational purposes only. It should not be considered as financial or investment advice. Trading stocks involves risk, and you should perform your own research or consult with a professional before making any investment decisions. Past performance is not indicative of future results.Longby CF_444Updated 8
$NVDA DoubleTop all the way #BearCorn LOL50Ps look cheap ;p Not fin advice -Jokes On serious note, NVDA should be pushing through 140 today/tomorrow, if it can't and the market can't continue higher and I am expecting some short term dips before the election that should be capitalized on... (Beware NASDAQ:NVDA short term calls, MMs doing shenanigans past 48hrs this usually occurs before something big) - ProphShortby Prophecies_R_Us7729
NVDA – Ride to 146 or Wipeout at 137?Alright, folks, here’s the deal. NVDA is balancing on the edge—either we ride the wave up to 145-146, or the market drags us back to 137-138 for a reset. This is that make-or-break moment where bulls need to paddle hard or risk missing the set. Key Levels: Support: 137-138 (black box) – Lose this, and it’s back to the lineup. Target: 145-146 (orange zone) – Bulls need to hit this to stay in control. It’s all about how price moves in these channels—either we push higher, or we take a quick dip before the next chance comes. What do you think—are we riding this wave or catching some chop? Let me know below. MB Trader Ride the wave Longby Mindbloome-Trading2
NVDA: Buy ideaBuy idea on NVDA as you can see on the chart if only if we have the breakout with force the resistance line.Longby PAZINI192
NVDA $141I think looking at resistances and support, it lower enough maintaining faithful to the bullish trendline. It will definitely retest $141 no later than Friday. The question is, will it break?Longby soymundo218836
NVDA 5-Minute Chart Analysis: Key Takeaways Here’s a more detailed rewrite of the bulletin notes based on the chart, including price levels to make it easier to share with a general audience: NVDA 5-Minute Chart Analysis: Key Takeaways Consolidation Areas: The chart shows two key consolidation zones where NVDA's price action temporarily flattened: First Consolidation Zone: Around $136.00, where the price briefly stabilized after a sharp drop. This period likely represents market participants accumulating shares after a period of high volatility. Second Consolidation Zone: Around $135.50, where the price again entered a sideways range. This consolidation suggests market indecision before the next directional move. Liquidity Grab: During the first consolidation (near $136.00), the price made a quick dip, sweeping below recent lows to grab liquidity (highlighted by the green arrow). This is a common pattern where institutional traders trigger stop-loss orders before driving the price back up. After the liquidity grab, the price reversed and began trending higher, eventually moving back above $136.00. Uptrend Formation: After the liquidity sweep, NVDA resumed an uptrend, forming a sequence of higher lows (HL): First higher low (HL) near $134.50. Subsequent higher lows formed around $135.00, $135.75, and $136.25. These higher lows signal strong buying pressure and indicate a bullish market structure, with each dip being bought up by traders. Theta Decay – For Options Traders: The chart also notes potential theta decay (time decay) affecting options contracts, which is small due to it being Wednesday with options expiring on Friday. This means that the time value of the options is eroding slowly, which could influence decisions for options traders. Volume Spike and Support Levels: A noticeable volume spike occurred during the liquidity grab near $136.00, suggesting heavy buying activity as larger traders stepped in to capitalize on the dip. Post-breakout, the price continued to hold key support levels, with strong buying interest at each dip: Support Level 1: Around $134.50. Support Level 2: Around $135.75. These levels are important to watch for future pullbacks, as they may act as areas of strong buying interest if the price retraces. Breakout Confirmation: The chart illustrates a clear breakout from consolidation, signaling the continuation of the uptrend. After breaking out of the second consolidation (around $135.50), the price steadily increased, confirming the bullish momentum. Traders often look for such consolidation patterns as a sign of strength before a price breakout, as it indicates that the market is gathering momentum for the next move. Potential Price Action Scenarios: With the series of higher lows and bullish structure, NVDA is currently maintaining an upward trajectory. If the price continues to hold the higher lows and key support levels, it could potentially test $137.00 or higher in the near term. However, a break below key support at $135.75 could signal a potential short-term pullback.Longby l4uren_stew4rt117
FOMO: The Silent Killer of Trading SuccessIn trading, one of the most destructive emotions is the Fear of Missing Out (FOMO). It’s that nagging feeling that you’re missing a huge opportunity as the market makes a move without you. For traders, FOMO can be a dangerous mindset, leading to impulsive decisions, chasing price action, and ultimately, heavy losses. Understanding and mastering FOMO is essential for success in the market. What is FOMO in Trading? FOMO is the psychological pressure that traders feel when they see a market move happening without them. It’s driven by the fear that they will miss out on potential gains or that others are making profits while they sit on the sidelines. This emotional response can lead to irrational trading behavior such as: Chasing Trades: Entering a trade too late, after most of the move has already occurred. Overtrading: Opening too many positions in fear of missing opportunities. Ignoring Your Strategy: Making decisions based on emotion rather than following a disciplined plan. FOMO is a natural human emotion, but in trading, it can lead to poor risk management and eventual losses. Strategies to Overcome FOMO in Trading 1. Develop a Solid Trading Plan A well-structured trading plan can be your best defense against FOMO. Your plan should include criteria for trade entries, exits, and risk management. Stick to it no matter what the market is doing. Trust your analysis and strategy instead of chasing moves based on emotion. 2. Focus on Process, Not Profit Trading is a marathon, not a sprint. Focusing on the process rather than the short-term results will help you stay disciplined. Remember that no single trade defines your success. Over time, consistency in following your strategy will lead to better results. 3. Practice Mindfulness and Emotional Control Successful trading requires mental clarity. Practice mindfulness techniques to control your emotions during periods of heightened market activity. Being aware of your emotional triggers can help you pause, step back, and avoid impulsive decisions. 4. Limit Screen Time Watching the markets non-stop can exacerbate FOMO. If you find yourself becoming too anxious or eager to trade, consider limiting your screen time. Set alerts for when a trade setup from your plan is triggered, so you don’t feel the need to constantly monitor price movements. 5. Keep a Trading Journal Tracking your trades and the emotions behind them can provide valuable insights into your decision-making process. A trading journal helps you reflect on FOMO-driven trades, identify patterns, and learn from your mistakes. 6. Accept That You Will Miss Some Opportunities No trader can catch every move. Accepting that the market will always present new opportunities is key to staying grounded. Rather than fixating on what you missed, focus on preparing for the next setup that aligns with your strategy. FOMO is a powerful force in trading, but with the right mindset and strategies, you can learn to control it. By developing a strong trading plan, focusing on process over profits, and practicing emotional discipline, you can avoid the pitfalls of FOMO and improve your overall performance. Remember, the markets will always be there, and so will new opportunities. Stay patient, stay disciplined, and success will follow. Educationby HexaTrades8866
NVDA this morning 10/16/24Looking at NVDA this morning. Current Price Action: NVDA is hovering around $132.40. After a recent drop, the stock is attempting a recovery, showing some consolidation in this area. Volume Profile: The visible volume profile shows a key support level around $128.75. There’s a significant accumulation at the $132-134 range, indicating potential resistance overhead. Resistance Levels: Immediate resistance can be seen at $134.02, with a stronger level around $138.47. Support Levels: Strong support is around $128.75, with another potential bounce level near $126.69 if NVDA continues to drop. MACD: The MACD shows a recent crossover, suggesting a bullish reversal attempt, but it may still be in a weak uptrend given the overall downward movement before it. EMA: NVDA is currently near the EMAs, and crossing above them could trigger more buying interest, especially if volume picks up. End-of-Day Outlook: If NVDA can hold above the $132.35 area and break through the $134 resistance, we could see a test of the $138 level. However, if the current resistance proves too strong and it drops back below $132, there’s a likelihood of testing the $128.75 support. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research or consult with a professional before making any trading decisions.by BullBearInsights4
NVIDIA’s Tug of War: Bulls and Bears Face OffMorning, Trading Family! NVIDIA (NVDA) is stuck in a standoff between bulls and bears. Green arrows point to a possible breakout toward $146, while red arrows warn of a drop toward support around $127.50. It’s all about watching how price reacts at these key levels—whether momentum pushes it higher or sellers step in and take control. Stay patient and focused. Trade what you see, not what you hope for. – Mindbloome Traderby Mindbloome-Trading5
Nvidia (NVDA) Shares Fall Over 4%, Missing a Record HighNvidia (NVDA) Shares Fall Over 4%, Missing a Record High On 12 September, when analysing Nvidia’s (NVDA) stock chart, we drew an upward channel (shown in blue) and noted several resistance levels, including: → a downward trendline (shown in red); → a psychological level at $130. As Nvidia’s (NVDA) stock chart shows, the bulls managed to overcome this resistance zone with a strong candle on 7 October (marked with an arrow). Afterwards, Nvidia’s (NVDA) stock price reached the median line of the blue channel, but sharply reversed downwards yesterday. The bearish sentiment was driven by: → a broader decline in the US stock market, potentially due to investors reassessing risks following the initial corporate earnings results as the reporting season gains momentum; → rumours that the US government is preparing restrictive measures (which may affect Nvidia) to prevent the export of high-tech chip manufacturing technology abroad. As a result, Nvidia’s (NVDA) stock price dropped by approximately 4% yesterday, just shy of the record set on 20 June. What’s next? A technical analysis of Nvidia’s (NVDA) stock chart suggests that support could come from the zone formed by the strong bullish candle on 7 October: → this area includes a combination of psychological levels at $130 and $125; → here, demand forces proved their strength, overcoming the red resistance line that had been in play for nearly four months (this line could now act as support); → a bullish Fair Value Gap can be found on the daily chart in this area. These bullish factors suggest that the price could make another attempt to set a new record by rebounding from the $125-130 support zone. On the other hand, the bears are showing signs of control around the psychological level of $140, near the record high and the median line of the blue channel. Meanwhile, forecasts remain positive. According to a Tipranks survey of 42 analysts, 39 recommend buying NVDA shares, with the average price target for NVDA standing at $152.86 in 12 months. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen2212
[NVDA] Support retestingNice looking setup on $NASDAQ:NVDA. Price complete inverted head & shoulder to the upside, and now possibly retesting the breakout line to flip it into support. See how it goes. Cherio...Longby moressay4
What Can NVDA Do nowWe can see Nice and Strong Uptrend in NVDA and as a trader all we need to do is follow trend. By what I can see on chart NVDA can retest 118-123 lvl to even contiune higher. Price gave nice breakout of a nice Trend Line Resistance and can expect nice gains once price retest the Trendline after breakout. Longby kpcorp333114
Will NVDA Bounce or Breakdown? Key Levels to Watch at $129 and BGood evening Trading Family NVDA is at a critical point right now—will it bounce back from $129, or are we headed down to $126 (or lower)? Let’s dive into the key levels I’m watching and break down what might happen next. If the market holds up, we could see a solid bounce, but if not... well, buckle up for a bigger drop. No fluff—just some good ol' technical analysis with a dash of Fibonacci and candlestick magic. If you found this helpful (or just mildly entertaining), give it a like, drop a comment with your thoughts, and hit follow for more updates. Your engagement helps me keep the content coming—and who knows, it might even help NVDA bounce back too! MB Trader Trade what you see not what you assume 17:56by Mindbloome-Trading1
NVIDIA GOING TO $75?? Unlikely but the chart shows...We have a DOUBLE TOP AND A RISING WEDGE with a price target of $75 on the daily chart. It seem unlikely but there is a big old gap from back in Feb 2024 at $75. There is another gap that needs to be filled around $119 that seem more likely. IMO the market like to balance itself by filling the gaps it leaves behind. The RSI looks to of topped out and is also curving over. Its very unlikely for NASDAQ:NVDA to drop that far down, but down to $119 seems likely before a possible Christmas rally (and wash sales) in late DEC. NVDA is such a strong company and demand for its chips is high, I really don't like the looks of that Double Top combined with a Rising Wedge. Safe Trading everyone!! (Charts are only part of the bigger picture especially with Nvidia, it is a beast of a company and who wouldn't love the opportunity to buy more NVDA at $75)by JoeKing1118
Wait For Another BTFD MomentThe semiconductor sector is reeling after alarming statements from ASML, and NVIDIA is also down significantly. Is now the time for BTFD? From our point of view: Not yet. We expect the NVIDIA share to reach the USD 125 mark first. This is the 38.2% retracement of the last upward movement and the start of a significant support zone in the volume profile.Longby Ochlokrat1
Nvidia - Consolidation Before -50% Drop!Nvidia ( NASDAQ:NVDA ) is preparing for the correction: Click chart above to see the detailed analysis👆🏻 Nvidia is still creating pretty clear market structure and price action and therefore there is no reason to change direction or opinion. Following the previous cycles, a correction of roughly -55% is likely and Nvidia's recent consolidation is a first strong sign of bearish weakness. Levels to watch: $120. $60 Keep your long term vision, Philip (BasicTrading)Short03:42by basictradingtvUpdated 4848242
Bullish on NVDA: Riding the AI Wave!In trading, understanding the probabilities is crucial. By analyzing historical price movements and applying mathematical principles, I can identify high-probability setups on my charts. This mechanical strategy allows me to make informed decisions about entering long positions on NVDA. Why probabilities? They help me navigate the unpredictable nature of the market, ensuring that my trades are backed by solid data rather than just intuition. Here are some key fundamentals currently supporting a bullish bias for NVIDIA (NVDA): - Surging Demand for AI Chips: NVIDIA is at the forefront of the AI revolution, with its chips being essential for training large language models and powering generative AI applications. The company has seen a staggering increase in demand for its GPUs, particularly the H100 chip, which has become critical for tech giants like Microsoft, Google, and Meta. - Impressive Financial Growth: NVIDIA's stock has surged over 150% this year, significantly boosting its market capitalization. Analysts expect continued strong revenue growth, with projections estimating a 75% increase in third-quarter revenue to approximately $31.69 billion. This financial momentum reflects the robust demand for its AI-related products. - Strategic Positioning in Data Centers: As companies invest heavily in AI infrastructure, NVIDIA's GPUs are becoming indispensable for data centers. The projected global capital expenditure on data centers is expected to rise dramatically, benefiting NVIDIA as it supplies the necessary hardware. - Innovative Developments: NVIDIA is actively developing new AI processors to comply with U.S. export regulations, ensuring it maintains a foothold in critical markets like China. This adaptability positions NVIDIA favorably against rising competition from companies like AMD and Huawei. - Market Leadership: With its early investments in AI technology and continuous innovation, NVIDIA has established itself as a leader in the AI chip market. This dominance allows it to command premium prices and maintain high profit margins, which were reported at 79.1% in the first quarter of 2024. These factors collectively create a strong foundation for a bullish outlook on NVIDIA as it continues to capitalize on the growing demand for artificial intelligence technologies. Join me in this journey towards maximizing our potential gains as we ride the bullish wave! 12M: 2W: 1H: Longby Jasminex1x2Updated 9
NVIDIA | A Second Technical Entry Opportunity This Year NVIDIA has presented two key technical entry points for investors in 2024. The first entry came during a correction in early August around the $100 level, which was shared on my TradingView channel. The second opportunity is now, following last week’s close at an all-time high level. After NVIDIA's strong rally in 2024, there have been two technical opportunities to enter the stock. The first was during the correction in early August around the $100 mark , which I highlighted in my earlier TradingView post. The second opportunity has emerged now, as last week's closing price marked the highest in history. While the stock hasn't officially hit an all-time high yet, it has broken through the critical $130 resistance level, which had been a barrier for the past four months. This breakout puts the stock in what is often called "open waters," where there is no significant resistance overhead. It's important to note that while this presents a potential technical buy, fundamentals play a key role here. The resistance of four months is relatively short in terms of a breakout, and from a psychological perspective, buying at current highs can feel doubting. While the technicals suggest a reasonable entry, it’s crucial to have a clear thesis, a long-term holding plan, and solid fundamental research. At this point, I would say that entering the stock now carries more risk. It’s not a good entry point for short-term gains, and I wouldn’t recommend an "all-in" approach at these levels. Only investors who are willing to add to their position during a pullback, and who have done their fundamental homework should consider buying now with a long-term perspective. Summary NVIDIA has presented two technical buying opportunities in 2024, with the latest one emerging after a modest breakout above $130. While there is potential for further gains, such as a move toward $150-$170, this is a riskier entry, especially for short-term traders. Investors should consider the current market environment, do their fundamental research, and only buy if they’re prepared to hold for the long term or add to their position in case of a pullback. Regards, VaidoLongby VaidoVeek6
Top 5 Weekly Trade Ideas #5 - NVDA Support TestBig sell off on NVDA and other semis after the ASML leak. NVDA just had a huge triangle breakout that nearly led to a new ATH. So far NVDA has found support here around 131.50, which is a recent low and the high from August. If it can handle 131.50, it might be a good long for a move back up to ATH and potentially higher. If it breaks below 131.50, next target is the retest of the triangle breakout below.by AdvancedPlays117
NVDA Charting and Overview (Short-Term Short)Hi Traders, Here's my overview of NVDA stock from technical perspective using basic charting and ignoring all the AI frenzy. 1. On 4h time frame I could spot a bigger parallel channel which sits on March 24 highs, Jun 24 highs, August 24 lows (Gap closing). Based on this channel alone, the next target/resistance is ~136 per share area. 2. Also, there is another rising parallel channel which started on the lows of 6th of September. Since then, NASDAQ:NVDA has been printing higher highs until today. This channel upperband is also ~136 area. 3. Finally, if we take a closer look at previous highs where the price pivoted, you can find July 2024 high was the one and was ~136 (136.15 to be precise). This way we have 3 (three) technicals signaling 136 level is a strong resistance and the price might retrace from there at least 4% (down to 130 where another support sits). By the time I am writing this, the price is already in 134 area and I expect it to reach at least 130. Tony. Shortby AATONYUpdated 1110
Opening (IRA): NVDA Nov 15th 83/98/143/158... for a 2.70 credit. Comments: 30-day IV remains fairly decent here at 48.9%. Going wider than I usually do from a delta standpoint, with the short option legs camped out at the 16 delta, but with the wings at standard width (1/10th the price of the underlying), knowing that I will probably adjust the setup at some point given its duration (56 DTE). Earnings haven't been firmly announced yet, but are likely to occur right around mopex (~11/14), so will look to be out of the trade by then. Metrics: Buying Power Effect: 12.30 Max Profit: 2.70 ROC at Max: 21.95% 50% Max: 1.35 ROC at 50% Max: 10.98% Will generally look to take profit at 50% max; roll in sides to delta balance.by NaughtyPinesUpdated 3