NVIDA: Heading to 200Hello friends, here is a fresh NVDA update. The structure has become quite clear. NVDA should be heading to the 190-210 region. I find it most probable that it will bottom at 200, because that is where the .5 fib retracement lies from this larger degree move. After this, it should move towards 400+ through the rest of the year. Good luck traders :)
Nvdalong
NVDA: Set your buy orders for 235-240NVDA made a nice 5-wave move off the low, but now it is time to take a rest and digest some of the gains. We may still get one more small push up to the 270 level, but it is not worth chasing right now. The price target for this swing trade is 400+, which would translate to a 60-70% return by the end of the year.
NVDA - Nvidia CorporationNVDA is my first buy in close to a month after being stopped out of everything at the beginning of the month.
I bought a quarter position in the morning, followed by another quarter later in the day, bringing me to a half sized position at an average price of $238.86. Not in any hurry to add size until I get some traction with the shares I have.
The green light to begin buying came on Friday's close, which was a follow-through day on the SPY & QQQ after Monday's day one bottom. Today the indexes continued to follow through, which gave me the confidence to add the second quarter to my position.
Nvidia: Buy the Dip?NVIDIA - Short Term - We look to Buy at 223.00 (stop at 203.00)
Preferred trade is to buy on dips. Levels close to the 50% pullback level of 231.07 found buyers. Trend line support is located at 210.00. The stock is currently outperforming in its sector. The bias is still for higher levels and we look for any dips to be limited.
Our profit targets will be 272.00 and 284.00
Resistance: 250.00 / 300.00 / 340.00
Support: 210.00 / 190.00 / 160.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NVDA: Held Key AreaWatching NVDA to bounce after filling and holding a major gap at 267.84. If we see SOXL start to go green or gaps up, wouldn't be surprised to see NVDA have a move back to 284/285 area. Overall market cannot be going into the gutter for this move to happen. NVDA should find local supply around $280.
If NVDA fails 256 for any reason, swing puts down to 230 may be an absolute monster payday.
NVDA breakout above $315Similar pattern as other SEMIs. Expected breakout above $315. The important part is the consolidation in the $295-315 range. The perfect pattern would have a volatility contraction after the previous larger correction (check), volume dry-out (check), and then higher than average volume on the breakout to new intermediate highs above $315.
NVDA BEARISH WOLFE WAVE DAILYThere is a bearish wolfe wave setup on the daily time frame that triggered last week Dec 3, 2021. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the red perforated line, as shown in the chart. The projected target is approx 180 which is represents a 5 standard deviation move. We do not believe NVDA will reach this level in the short term; however, it is probable that NVDA can take out some gaps that have been left open post run-up. Closest gap target is 267. If this tgt were to be achieved, I would expect it to sell off to 267 and lower Dec 14.
NVDA - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( NVDA ) !
-
4 HOUR
Very bullish market structure..
DAILY
Expecting more bullish pa.
WEEKLY
Nvidia doing great overall!
-
STOCK SETUP
BUY NVDA
ENTRY LEVEL @ 221.01
SL @ 204.83
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Solid NVIDIA earnng to Propel RallyRevenue increased more than expected to $7.1 Billion vs $6.83 expected. Demand for Nvidia AI is strong. Gaming Revenue up 42% from last year.
After hours we saw a jump to $306-7 but we have cleared the big risk event and a retest of recent all time highs is likely now the good news is out and behind us. Buying small pullbacks to $300 for test of $322.
$NVDA Trade Idea $NVDA has been really good to me the last few weeks and is still very strong. Had a good run with lots of call flow still coming in. Will be watching to take this back to that 327 level.
Entry: 309
Targets: 317, 323, then re-enter on the break of 327.
Contract: 11/19 320c
Stop Loss: 15%
NVDA: The Stock that Never Goes Down.Nvidia usually goes up around 3-5% per day, even 17% yesterday, and there is absolutely no reason why it shouldn’t continue to do so.
Heavy institutional buying is expected to catch every dip, but it is rather unlikely this stock will experience dips at all.
Elliott wave:
NVDA is unique in that it only has impulse waves 3, but no corrective waves 2/4. Therefore we are currently trading in the everlasting wave (iii) of 3 to the upside.
Gann:
In W.D. Gann’s book “Tunnel Thru the Air” we find a hidden instruction how to trade NVDA, which is to yolo call options whenever Saturn and Jupiter form a 90 degree angle after new moon, or any other angle, or at any other time.
Supports: 300, 299, 298, 297, etc.
Resistance: none
Correlations:
NVDA is correlated with QQQ in an uptrend, and when QQQ is in a downtrend then NVDA is inversely correlated to QQQ.
Fundamentals:
As the Metaverse is expected to replace planet earth after climate collapse, NVDA is well positioned to supply the necessary GPU, since our new existence is best enjoyed in high resolution.
NVDA price currently experiences exponential growth, which is extremely sustainable and can only accelerate, per all the laws of physics.
When Mark Douglas writes “the stock market is an everlasting stream of opportunities”, what he meant was actually the NVDA stock, but this appears to be a well-kept secret of institutional players.
________________
Disclaimer: The above analysis is for educational purpose only (lol) and not financial advice. Obviously it is satire, but I better mention it.
NVIDIA LONGThere was a rise in media consumption during the Covid Pandemic. Game and Electronic sports has grown immensely and Gaming PC's are more flexible and powerful than any console, therefore people that want to participate in gaming will migrate more towards Gaming PC which is where NVIDIA comes in. "inventor of the GPU, which creates interactive graphics on laptops".
Trust me graphics and performance are everything in gaming.
The Technical view would be that price has made a 79% retracement into a Bullish Orderblock , which is a discount array in ICT terms. Following the Orderflow, that is a reasonable price to look for a buy