Nvidia's meteoric rise in recent months is a testament to the burgeoning artificial intelligence (AI) revolution. As tech giants race to integrate AI into their products and services, the demand for Nvidia's high-performance computing chips has skyrocketed. The company's stock has surged by an impressive 25% in the past month alone, and it's on the brink of...
Good morning Traders
Everyone has a coffee in hand lets get into it
So in the video I break down a bit more wave counting, a few projections on where we are going up and where we might encounter some resistance plus our thesis is still in check on hitting 128-129 zone like we discussed before.
Enjoy
MB trader
Dear Traders,
First of all, we are mainly looking at the technical and we make decision on what we see on the chart. That is why in our view, behaviour of the price has shown us that there is possibility of swing buy coming and it can be one of the big buying opportunity/investing opportunity. Please this is no guarantee and do your own research before taking any entries.
Good morning Traders
Here is my video analysis on NVIDIA at the moment. Have a review and let me know what you think.
The main areas of concern are: 108 and 110 if we break those levels I dont see why the market cant go to 114 range.
Any questions, comments, ideas, want me to share more ideas on any topic let me know.
The trend is your friend and lastly we...
First of all, Nvidia is moving in a medium term downtrend, and on the way to lower low.
so we could see that the important support area would be previous low area, which share the same level with previous high volume candle.
In this case, traders who want to buy may need to wait for a better buy timing!
This is the price action for NVDA & it should do $155+ but honestly, I don't trade news so I am least worried about today. Follow the analysis & if you have any doubts feel free to txt me.
I have discussed all the important levels
NOTE:DO NOT TRADE OPTIONS TODAY
Overall speaking, Nvidia stock price is moving in a bullish market.
It just break above the pullback area, signaling a potential rally.
The price soared after break above the previous pullback area, which confirmed the high winrate of this buy point.
Tech entrepreneur Elon Musk took to social media platform X to celebrate a significant development in the world of artificial intelligence (AI). In a post, Musk lauded Nvidia for their contribution to the launch of training for xAI's Memphis Supercluster. This massive computing facility, equipped with a staggering 100,000 of Nvidia's H100 GPUs, marks a significant...
Notice the momentum shifting to the upside with 4h Highs to takeout. 1h showing strength flagging post market, may be a good breath before price exhales at open tomorrow.
Entry: Price broke through the trend line and the swing high of trend line. Will be looking to take longs from the bullish zone if the market taps it.
Stop Loss: Will be below the swing low.
Take Profit: TP1 will be at the bearish Zone, TP2 will be at the Highs.
Nvidia has officially introduced its next generation AI hardware and software offering, setting a new standard in the industry. With cutting-edge technology and innovative solutions, Nvidia is paving the way for the future of artificial intelligence.
This new offering promises to revolutionize the way we approach AI, providing faster, more efficient, and more...
Today is day 2 of the NASDAQ:NVDA GTC conference, NASDAQ:NVDA had a bearish day yesterday even though it was day 1 of the event. I think there was actually a lot of great news for NASDAQ:NVDA , but surprisingly there was little upside in terms of price action. So far NASDAQ:NVDA has been bearish since reaching the yellow trendline, and I think the momentum...
After the sharp drop that NVIDIA had on Friday, what consequences can we observe?
Has the bubble been burst? Are we going to attend strong corrective phases?
Following the line with the price at maximums on February 12 and 23, we can see that when it reached that resistance line last Friday, the price fell sharply.
Since then it has moved laterally, above the...
Nvidia stock NVDA price just hit a new all time high Monday after the chip company unveiled new products and partnerships at the annual Consumer Electronics Show (CES).
The company rolled out three new chips that will let gamers, designers and other users make better use of AI on their personal computers.
Technically speaking, the stock NVDA is still having the...
Get ready, traders! The highly anticipated earnings report from NVIDIA Corporation (NVDA) is just around the corner, and analysts are placing their bets on a target rise for this tech giant. If you want to make serious gains, now is the perfect time to consider going long on NVDA.
Analysts have been closely monitoring NVDA's performance, and the consensus is...
Short NVDA again, I honestly think we see a significant correction here from a technical perspective. Not sure whos buying here. Being very cations of short stop runs like the one we just had yesterday. Went 60% short at the open today at $444.32. 4 hr candies are beautiful. Not advise. Plan to walk it down with stops and see what happens. Not advise
I couldn't contain my excitement when I heard about the recent development that has sent shockwaves through the industry. Brace yourselves, as this news might be the golden opportunity we've been waiting for!
Just yesterday, JPMorgan, one of the world's leading financial institutions, made a groundbreaking announcement about a "massive shift" in its approach to...
After the filling of the gap left by the market in the bullish trend at the same time see the rejection of the price of the golden zone Fibonacci we will see a reversal towards to supply zone
- Trading is probality control you risk management
Good Luck !
