Downside continuationPA gave the first impulse. I'm aware of the size of the correction. It could lead to a break to the upside as well. However, it's likely that we approach the VA with 3-drives and a getting a clear middle-section to the last leg (3th touch). Shortby Jappie24116
Nvidia is practically a rocket. Is there enough fuel to fly?We can see a very long renewal of the historical high and, in my opinion, a very overbought asset As we see on the monthly timeframe on the MACD histogram, the price shows overbought and a very long time at the highs We can also observe divergence in price and volume, which indicates that an early reversal and correction is close Two targets two support levels first at 800 second at 400 Nothing can grow forever, even such a great asset of such a potentially interesting company for purchase as Nvidia Shortby Juliia7
This is the time to try and shortThe last time NVDA had a meteoric exponential rise of 1500%, it had taken only three months to lose over half of its market cap. This coincided with the monthly RSI being severely overbought. I am proposing we will see the same occur at this level. Not only with the same overbought levels, but nearly double the absolute bottom to top gain we saw from the 2015 era. However, this time we are also at the peak of a trendline on the S&P going back to 1929 when we rejected the 535 level. I am proposing that Nvidia will see a sharp decline possibly to the 600 level within the coming months. Position: 4x 9/20/24 800p. 88% of remaining portfolio is in cash waiting for a 25% retracement on all indexes.Shortby jgdubUpdated 5353124
NVDA short term correction????Be greedy when others are fearful and fearful when others are greedy. NVDA is extremely profitable and AI is the future indeed. However, i do think we are due for a technical correction which would take us below 1k. Thank you & have a nice dayShortby foreignMeerkat66130Updated 116
Short NVDA After Stock SplitNASDAQ:NVDA shares will begin trading on a split-adjusted basis on June 10th. Nvidia has completed five other stock splits since its IPO in 1999, and shares have typically declined sharply during the next year. Regarding reversion targets (pre-adjusted): Correction: 200 Day, currently at $657.97 Long Term Correction: 200 Week, currently at $303.14 Once split-adjusted, historical price action is typically bearish after the bubble. This has implications for semis, the broader tech trade, and equities into year end.Shortby CoteInvestments6
Market Crash - NVDA Ascending WedgeI will be posting a series of ideas that support my market crash thesis. I'll start here with an ascending wedge for NVDA. I consider it an unforgivable sin to short something showing this kind of strength, but extraordinary times call for extraordinary measures. I expect NVDA to elevator down from here after breaking this wedge and filling the recent earnings gap. The stock split should be a sell the news event regardless of my current bias.Shortby AdvancedPlays6
🗺️NVIDIA Roadmap🗺️🚀➕20%🚀🔔Today, I want to analyze NVIDIA stock for you because I think it still has the potential to increase in price, and also, in NVIDIA 's previous rally, AI tokens had a good rise. 💡The main reason for Nvidia's growth is the company's leadership in the field of Artificial Intelligence(AI) chips . The market value of this company crossed the one trillion dollar mark less than a year ago. Nvidia now has a higher market value than the well-known companies Amazon and Google . 💡 Nvidia's earnings report that was published exceeded expectations so that Nvidia was able to make $26 billion in profits in the first 3 months of this year, which is really great. 💡Profitability was 5.3% higher than forecasts , and Nvidia made a profit of $6.12 Earnings per Share(EPS) . 💡Nvidia forecasted $28 billion in revenue for the fiscal second quarter , with a margin of error of 2% . 💡Soon the price of each stock will be divided into 10 units. For each stock of the price break, $0.01 is distributed, which represents 150% growth from the previous period. 💡 Artificial Intelligence Tokens have not yet shown their progress, but it is better to keep an eye on them. BINANCE:FETUSDT _ BINANCE:NEARUSDT _ BINANCE:RNDRUSDT _ BINANCE:GRTUSDT _ BINANCE:TAOUSDT _ BINANCE:INJUSDT _ BINANCE:THETAUSDT -------------------------------------------------------------------------------------------- 📊Now let's take a look at the NVIDIA chart . ✅ NVIDIA managed to break the 🔴 Resistance zone($974_$924) 🔴 by Breakaway Gap . 📈In terms of Classic Technical Analysis , NVIDIA has managed to form a Bullish Long Island Pattern , and this pattern is one of the continuing patterns and will be a sign of the continuation of NVIDIA's upward trend . 🌊According to the theory of Elliott Waves , NVIDIA is completing the main wave 5 and it is very likely that the main wave 5 will finish in the 🟡 Potential Reversal Zone(PRZ)($1,305_$1,138) 🟡. 🔔I expect that NVIDIA will continue to grow at least 🚀➕20%🚀 more, although minor corrections are also possible. NVIDIA Analyze (NVDAUSD), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Longby pejman_zwinUpdated 1120
NVDA (NVIDIA)This Weekly FORECAST Opportunity for NVIDIA. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN5
NVDA should not stop until when...NVDA is in a highly speculative scenario. For a long time, I've been seeing analysts shouting that the price is stretched and begging for a correction. That's precisely what keeps the uptrend going. As long as there is a large number of open shorts and irrational trading of protections, these and other factors are likely to continue acting as fuel. Some observations: 1 - I believe that the true uptrend (wave I) began in October 2002. 2 - From October 2007 to December 2012, a corrective triangle formation occurred (wave II). 3 - Since then, the most expansive movement of the trend started (wave III), peaking in November 2021. 4 - During the year 2022, we might have seen another corrective pattern of a smaller degree (wave IV). 5 - And now, we would be witnessing the development of the final impulsive movement (wave V), with a high speculative degree fueled by the artificial intelligence boom. Medium-term: I understand that the price is trading in a pattern that we can define as an uptrend channel, with the likelihood of continuing the previous movement after the breakout. Alternatively, this could also be considered as a distribution channel. In my perception, the asset is still not doing anything surprising based on its historical movements. I suggest observing longer periods between the years 2015 and 2021 to draw the same conclusion. The point is that the price is really stretched, and trading it is clearly high risk. My goal with this post is to reduce the noise of the narrative and opine that there are rational aspects to be evaluated within the asset's own history. And that speculation can persist for a longer period than most people may want to believe. Longby MrGekkoWallStUpdated 10
NVDA BLOWOFF TOP wave 5 of 5 The chart posted in NVDA from an Elliot Wave structure we are clear in a wave 5 of 5 blowoff see chart for details labeling I am looking to take a 75 to 90% long PUTS in SMH and will be Only be buying IN the money and out in 2025 This is the mirror of the low that formed in oct 2022 at fib relationships on a super cycle degree See oct 2022 post A MAJOR BOTTOM by wavetimer4
NVDA - Antitrust Scrutiny and AI Market MilestonesMarket Chatter: Antitrust Scrutiny and Milestones in the AI and Tech Industry Antitrust Scrutiny for AI Dominance Microsoft ( NASDAQ:MSFT ), OpenAI, and Nvidia ( NASDAQ:NVDA ) are facing antitrust investigations over their dominant roles in the artificial intelligence industry, according to The New York Times. The Federal Trade Commission (FTC) and the Justice Department have agreed to proceed with these investigations. The Justice Department will lead the investigation into Nvidia, while the FTC will focus on OpenAI and Microsoft. Nvidia's Market Cap Controversy Nvidia Corp. ( NASDAQ:NVDA ) has achieved a new milestone, surpassing a $3 trillion market capitalization for the first time and briefly overtaking Apple’s valuation. However, this milestone has reignited debates about its true value. Aswath Damodaran, a professor at New York University Stern School of Business and known as Wall Street’s "Dean of Valuation," believes that Nvidia’s intrinsic value does not justify its current price tag. He acknowledges the company's compelling narrative and market momentum but remains cautious about its lofty valuation. Short-Term Bets on Nvidia Ahead of Stock Split As Nvidia's stock split approaches, traders are making short-term bets on the stock's movements. Data from Cboe Global Markets shows that 19 out of the 20 most actively traded options tied to Nvidia are set to expire by the end of this week. This frenzy is reminiscent of the activity seen around Tesla's stock split in 2020. On Tuesday alone, Nvidia options worth around $283 billion were traded, dwarfing the $18.7 billion traded for Apple. Nvidia's Ascent in Market Valuation Nvidia has rapidly climbed the ranks of the world's largest companies. Earlier this year, it surpassed Amazon to become the third-largest US company. Recently, Nvidia overtook Apple, securing the second spot with a market value of $3.01 trillion. Nvidia's shares closed at a record $1,224.40 each. The company now aims to challenge Microsoft for the number one position, needing to gain approximately $150 billion in market value to do so. These developments highlight the dynamic nature of the tech and AI industries, with significant market movements and regulatory scrutiny shaping the landscape.Longby SroshMayi5
Sh_NVI believe that there have been price gaps, and NVIDIA needs to drop to close them before continuing the upward trend or undergoing a deep correction. The recent surge is justified by the AI hype, and I expect yesterday's move was intended to trigger the short positions on the stock. Therefore, I anticipate a short-term decline in the stock, possibly this week, as the rapid ascent will likely be followed by an equally swift profit-taking reaction. I'm 90% confident in my trade, and I will close the position if a 15-minute candle closes above the stop-loss level.Shortby KAIM17775
Post Split Nvidia Starts Trading TodayI am in the process of rebuilding my Nvidia charts. However, I can say I am still of the mindset that as long as price is above $104.30 that we should get OMH into the target box towards $127.91 or slightly higher. by maikisch6
NVDIA BULLS! DON'T FART TOO LOUDLY. IT'S TOO STUFFYhe AI boom is reaching the sort of lofty heights that characterised history’s great bubbles, from the Dutch tulip mania to the dotcom bust at the turn of the millennium. Investors have now determined that Nvidia alone is worth more than the entire annual output of Spain. Add in the tech companies expected to profit most from the AI revolution — Nvidia along with Amazon, Apple, Alphabet, Meta, Tesla, and Microsoft — and the so-called Magnificent Seven are together valued at more than the stock markets of every other country on the planet. The American stock market’s spectacular performance over the last year, up more than a fifth, has been driven almost entirely by these seven companies. We’ve been here before, many times. New technologies often produce bubbles — railways in the 19th century, automobiles and radios in the 1920s, the internet in the 1990s and now the AI boom, which was triggered by Open AI’s launch of ChatGPT late in 2022. Driving any bubble is the same conviction that the new technology will revolutionise the economy, combined with the fact that nobody can be sure just how it will do that. So narratives of transformation become self-sustaining, as the stock’s rise draws in ever more investors eager to join the ride, creating a self-propelling upward cycle. In time, all bubbles burst, earlier or later. by Pandorra5
Nvidia Races Ahead: Can It Lead After Apple Stock SplitNvidia Races Ahead: Can it Maintain the Lead After Apple's Stock Split? The tech world is abuzz with the news of Nvidia's staggering outperformance of Apple's stock price in 2024. Annually, Nvidia has surged a remarkable 190+%, leaving Apple in the dust with a meager 19% gain. This stark contrast comes just ahead of Apple's highly anticipated 10-to-1 stock split, raising questions about the future performance of both tech giants. Nvidia's Stellar Rise: A Chip Powerhouse on Fire Nvidia's dominance can be attributed to its position as a leader in the booming semiconductor industry. The ever-growing demand for powerful graphics processing units (GPUs) for applications like artificial intelligence, gaming, and data centers has propelled Nvidia's growth. Their cutting-edge technology has made them the go-to choice for tech enthusiasts and professionals alike. Apple's Stagnant Growth: A Maturing Giant? While Apple remains a tech behemoth, its stock price hasn't mirrored the explosive growth seen in other sectors. This could be due to a number of factors. The smartphone market, a cornerstone of Apple's success, has reached a saturation point. Additionally, competition from other manufacturers, particularly in the Chinese market, has intensified. Stock Splits: A Psychological Boost or a Price Trick? Stock splits themselves don't change the underlying value of a company. They simply increase the number of shares outstanding while proportionally reducing the share price. However, stock splits can have a psychological impact on investors. A lower share price can make the stock appear more affordable, potentially attracting new investors and boosting short-term trading activity. Volatility Ahead: Will Apple Reclaim Its Throne? Apple's upcoming stock split has the potential to introduce significant price volatility in the short term. The lower share price might entice retail investors, leading to a temporary surge. However, long-term performance will depend on Apple's ability to innovate and tap into new growth markets. Beyond the Numbers: A Look at the Fundamentals While the current stock price performance paints a clear picture, a deeper analysis of both companies' fundamentals is crucial for long-term investors. Here are some key aspects to consider: • Product Pipeline: Both companies have a history of successful product launches. Analyzing their upcoming product lines and potential disruptions will provide insights into future growth prospects. • Innovation: Continuous innovation is vital for sustained success in the tech industry. Evaluating each company's commitment to research and development will shed light on their ability to stay ahead of the curve. • Market Expansion: Identifying new markets and customer segments that either company can tap into can be a significant growth driver. The Verdict: A Tale of Two Tech Titans Nvidia's current lead is undeniable, but Apple shouldn't be counted out. The stock split has the potential to reignite investor interest in Apple, and its brand loyalty remains unmatched. Ultimately, which company emerges victorious will depend on their ability to navigate the ever-evolving tech landscape, deliver innovative products, and expand into new markets. For investors, this is an exciting time to be in the tech sector. By carefully analyzing both companies' fundamentals and long-term strategies, investors can make informed decisions about where to place their bets. The race between Nvidia and Apple is far from over, and the coming months will be a fascinating test of their respective strengths and resilience. Longby bryandowningqln3
What's next for #NVDA ? I see $1200+Lovely continuation pattern $1000 is going to be reclaimed today And with a potential 20% upside. Expect momentum to help push this thing to these projections. Best of Luck Make the most of the meltup! Longby BallaJiUpdated 5514
NVDA to the moon?The split has really cleaned up the chart and with some patience, there could be some real opportunity on the wave two pullback. Once a top is confirmed, volume will be the guide to get a more accurate greater degree wave two target. Currently, we have it drawn shallower, targeting the lesser degree wave four position, as there is a bullish nature to this ticker. That said, volume will likely dictate what happens once a shorter term top is in.Longby BlueLineTradingLLC3
Is the Surge Sustainable or Just a Temporary Spike?NVIDIA's current price at $1201.58, following a significant rally, suggests a strong bullish momentum. The recent high of $1255.87 indicates the potential for further upside, but the pullback to $1201.58 (down 1.86%) raises questions about near-term sustainability. Considering the current momentum, a speculative price target could be $1300.00 within the next quarter if bullish conditions persist. Long position with a target of $1300.00. Place a stop-loss at $1180.00 to mitigate downside risk. Consider shorting if the price fails to hold above $1180.00, targeting $1100.00 with a stop-loss at $1220.00. NVIDIA’s strong bullish momentum, driven by robust volume and positive technical indicators, suggests further upside potential. However, overbought conditions and significant resistance levels warrant caution. The suggested long position aims to capitalize on the ongoing trend, while the short strategy provides a hedge against potential pullbacks.by AxiomEx3
$NVDA path to the top - $1170ish targetUpdating my analysis with some additions of some key levels to watch for as price makes it's way higher. I do think NASDAQ:NVDA is going to become more volatile over the coming few weeks as it works it's way to the top resistance levels. Even though price seems to be forming a H&S top, I'm not sure that we break down here. I think the most likely scenario is that price moves up to the midpoint at $993-1008. If it breaks it, we likely see the highs at the upper resistance levels. If it can't break that level, it sets up a move down to the lower supports. If those supports hold, then it'll set up one final move to the upper resistance levels. My base case is move to midpoint, reject and then a final move to the highs. But reality is, price can take a number of paths from here. You'll want to long the lower supports, reduce risk at the middle supports and sell the top levels. Let's see how it plays out over the coming month.Longby benjihyamUpdated 9494161
💫NVIDIA might be ready for ATH: Multitimeframe💫☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to consistency. I'm always glad to discuss and answer questions. 🙌 ☝️ALL ideas and videos here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. Important disclaimer - this idea is just a possibility and my extremely subjective opinion. Do not act based on my analysis, do your own research!!Longby Yelli_tradesUpdated 3312
Turn NVDIA into10$ a Share Current Position and Market Overview • Current Position: One NVDA call option at $1210 expiring June 7, 2024. • Current Stock Price: $1150 • Upcoming Stock Split: 10-1 split on June 7, 2024. • Next Pivot Point: June 24, 2024 • Fibonacci Extensions: • 0.618 = $1290 • 0.5 = $1265 • 0.382 = $1238 Rolling my NVDA $1210 call exp. June 7 to $1250 call for July/Aug. Selling $1200 puts exp. Sept to collect premium and potentially buy shares post-split (10-1 on June 7). Plan to sell covered calls on acquired shares targeting Fibonacci levels. #OptionsTrading #NVDA This strategy helps you roll your existing options, sell puts to earn premium and potentially acquire shares, and continue earning premium through covered calls.Longby BullishBear19962
$NVDA perfect #Cup&Handle breakout into perfect #bullflagPerfect is RARE. But thats EXACTLY what the technicals are showing on this beast. Flows are Bullish right now, Fed can't surprise (no balls lol) aka is trapped due to politics, AI is a military priority, this is sector leader (as Livermore would advise trade only leaders) , other Co's need too. Almost a perfect monopoly scenario. Also earnings run up has to be expected... Above 1k I've said on previous charts, STONK SPLIT IN PLAY! "1150 by May" that what the wizard say...Longby Prophecies_R_UsUpdated 2215
NVIDIA: Very Limited Upside Potential - A ScenarioNote: While predicting the future is impossible, the following game plan is based on an analysis of current events, historical patterns, market bubbles, and the growing public fear of artificial intelligence. Please bear in mind that I am an extropist who has been dreaming of the Singularity since I was seven years old, with a keen interest in financial and technological privacy. 1. Current Market Capitalization Unsustainable Levels: As of May 30th, 2024, Nvidia's market capitalization stands at a staggering $2.82 trillion USD. This valuation reflects extremely high growth expectations and significant optimism about Nvidia's future prospects. However, such a lofty valuation may not be sustainable in the face of potential risks and headwinds. Valuation Metrics: Key valuation metrics such as the Price-to-Earnings (P/E) ratio are also at historically high levels, indicating that the stock is priced for perfection. Any deviation from expected growth or profitability could lead to sharp corrections. 2. AI Regulation in 2025 Intensive Regulations: There are growing concerns that the AI industry, which Nvidia heavily relies on for growth, will face stringent regulations by 2025. Governments worldwide are increasingly wary of the ethical implications, data privacy issues, and potential misuse of AI technologies. Impact on Growth: If new regulations impose strict compliance requirements, limit data usage, or introduce hefty fines, Nvidia's AI-driven revenue could be significantly impacted. Compliance costs would rise, innovation might slow down, and the overall profitability could decline, leading to reduced investor confidence and lower stock valuations. 3. Incoming Lawsuits Patent Infringements and IP Disputes: Nvidia is frequently involved in legal battles over intellectual property and patent infringements. As the company expands its technology portfolio, the risk of lawsuits increases, which can lead to costly settlements or prolonged legal battles. Class Action Lawsuits: There is also the potential for class action lawsuits from shareholders if Nvidia fails to meet its lofty expectations or if there are any perceived misrepresentations of its business prospects. Legal troubles can drain resources and divert management attention from growth initiatives, negatively impacting stock performance. 4. Geopolitical Risks: China Invading Taiwan / World War 3 Supply Chain Disruption: Taiwan is a critical hub for semiconductor manufacturing, with companies like TSMC (Taiwan Semiconductor Manufacturing Company) playing a crucial role in Nvidia's supply chain. An invasion by China could disrupt this supply chain, leading to shortages, production delays, and increased costs for Nvidia. Market Sentiment: Geopolitical instability typically spooks investors, leading to market sell-offs. A conflict involving Taiwan would create uncertainty around Nvidia's ability to maintain its production levels and meet market demands. This uncertainty can drive investors to pull out, causing a decline in stock prices. Trade Restrictions: In the event of a conflict, the US and its allies might impose sanctions or trade restrictions on China, further complicating Nvidia's operations and supply chain. These restrictions could limit Nvidia's access to essential materials or technology, affecting its long-term growth prospects. 5. Social Unrest Due to AI Impact Mass Riots Over Job Losses: As AI technology advances, millions of jobs are at risk of being automated. This could lead to significant social unrest as people face unemployment and economic hardship. Mass riots and protests against AI-driven job displacement could create a hostile environment for companies like Nvidia, leading to negative public perception and potential backlash. Intellectual Property Theft Concerns: AI technologies have been criticized for infringing on the intellectual property rights of artists and creators. This could lead to increased legal challenges and a loss of support from the creative community. Public outcry and legal actions from artists claiming that their work is being used without permission could further tarnish Nvidia's reputation and create financial liabilities. In Conclusion: While Nvidia has enjoyed a remarkable rise in its stock price, several factors suggest that its current valuation might be unsustainable. The potential for heavy AI regulations, a surge in lawsuits, geopolitical risks related to China and Taiwan, and social unrest due to AI-driven job losses and intellectual property theft present significant headwinds. Coupled with the current market capitalization at an unprecedented $2.82 trillion USD, these factors collectively argue for a more cautious outlook, suggesting that Nvidia's stock may not have much room to rise further and could even face a significant correction. And as Always: This is NO Financial Advice, Do your own Research. CYANEShortby cy4ne114