LONG Holding Above 487.50 Targets 499, 506-507, 511 SHORT Holding Under 484.42 Targets 481, 479, 476-477, 469
$NVDA peaked with $588 where it was done with Elliot impulse waves 1-5. Now, it's in correction Wave A to the downside. In Wave A, total 5 waves will be there and today done with Wave 1 from $588 to $469. Now, it'll resume Wave 2 to $578. And in case market goes red on next week due to bad news then cannot rule out that Wave 1 can extend to $460-$400. Good luck.
Be careful, this is an earning play. I don't usually trade on earning days, however, I have good reasons to believe that NVDA's call will be positive today. This, however, doesn't necessarily predict a good outcome. Be careful. Bull flag formed, past a corridor breakout. Target price set at new Resistance bounce. - Strong Uptrend - RSI and STOCH above 50 -...
Be mindful of earnings on the 19th of August. Uptrend resistance breakout. There could be a short term pullback, but overall price is looking to establish a new uptrend corridor. Target price set at a new potential resistance line from February's high. - 5-month uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $475.83 Suggested...
~518 on earnings 19'th - 22'nd ~550 after Jensen's announcement on the 1'st. To last until the 8'th, then will start reaching for a new support at 518.
AMD and NVDA are both hitting a top of channel Resistance on larger timeframes. I am looking at $460 for a potential short on nvidia. I will play a tight stop and see if it can break above the channel. If it did break above you would want to see it establish a new support level above old Resistance, then you could play it going up. But for now I will stick to...
$NVDA Technical Analysis & This Week's Option Play Will NVDA hit $430? NVDA Headlines: Chip stocks in focus, as NVDA surpasses INTC Nvidia gets Street-high price target on console catalyst The Play: - If we can hold this channel support expect to see $430-$435 within the next 2 weeks. We're looking to play the continuation into earnings. NVDA...
Nvidia ($NVDA) Gains But Lags Market: What You Should Know Technical Analysis Going Into Earnings | NASDAQ:NVDA The Plays: - Bullish Call: $400 Call 8/21 | Currently sitting at $1783 (preferably we will wait for a down day to enter) Thinking $400 will be a solid sell wall. - Bearish Put (entry late August): $350 Put 12/18 |Patience will pay My...
Hello traders, as we seen sense 2000 the market is growing and growing, that's really amazing, and volatility as well, so next month we will have only bullish trade be sure about that, in probabilities of 90%. the price will reach the R line, till then i will put analyses about what will be next. Push ❤️ if you think this is a useful idea! Before to trade my...
NVDA is following a nice channel, recently started bouncing off the bottom of the channel and is a good catch as of right now, I called this in the groupchat at 378.29, My long goal on this call is 403.75, Im giving that goal a min of one month and a max of 2 months to reach its target! The group chat is having a 20% sell for the 4th of july ( Use coupon...
NASDAQ:NVDA heavy options activity for the $400 - want to try this over $364 if confirms.Volatile market conditions so playing extra cautious.
385 - 400 region short area Expect a bearish reversal to maintain the trend rather than a bullish continuation through the Fibonacci ring
If he breaks this area, we will see him at the top, towards a new peak. But if there is a momentum for sellers, we will witness a significant decline also towards the levels of monthly support, of course! Let's see what happens, guys! enjoy.
Exhibiting signs of exhaustion, U.S. equities gave up nearly all their gains from the morning, closing today's session flat. The Dow Jones Industrial Average gained +0.56%, the S&P 500 +0.90% and the Nasdaq 100 led the way with +1.09%. Interestingly, a number of heavy hitters are roaming around resistance. One name of note is Apple which finally entered a region...
X FORCE GLOBAL ANALYSIS: In this analysis, we take a look at both technicals and fundamentals for Nvidia (NVDA) Technicals - We see a text book reverse head and shoulders pattern - It seems as though the right shoulder has also finished forming, and our neckline remains around our support at $285 - Our all time high resistance sits at $315 - The Relative...
Practicing fib spirals A descending wedge fractal can be observed Put in optimal entry point for those entering a trade.. .236
Mixed signals bullish chart patterns and bearish chart patterns together! A bulflag and a rising wedge. A double bottom is required along the rising wedge if it is to provide bullish continuation. If not a breakdown will occur post breakout of the bullflag!
Price has printed an inverted head and shoulder pattern. We are looking for price to break and hold above $280. Assuming the market regains traction after the corona virus scare, we should see price reaching back to $315s