Nvidia 2-17 (scalping + forecast)
🔥 Trend: NVIDIA (NVDA) is showing a recovery after a recent correction. The short-term trend is bullish, but resistance is approaching.
Key Levels:
Resistance: $140 (critical breakout zone).
Support: $132.98 (key holding zone).
Indicators:
EMA 9: $136.25 (price above, indicating a short-term bullish trend).
EMA 200: $133.34 (supporting the recovery).
Supertrend: $132.98 (acting as a near-term support level).
MACD: Bullish crossover, indicating positive momentum.
RSI: 70.69, approaching overbought conditions, signaling potential resistance ahead.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping:
Buy near: $136–$137, targeting $140.
Sell near: $140, targeting $135 on retracement.
Stop-loss: Below $133 for risk management.
🩸 2. Breakout Scalping:
Long if price breaks above: $140, targeting $145.
Short if price fails at $140, targeting $135.
🩸 3. EMA/VWAP Strategy:
Price above EMA 9 and 200, indicating a continuation move.
Ideal to buy on pullbacks to EMA 9 ($136) for quick scalps.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If NVDA breaks $140, a continuation to $145–$150 is likely.
A rejection at $140 could trigger a pullback to $133–$130.
RSI suggests cautious optimism; overbought conditions may lead to short-term selling pressure.
🔥 News & Market Context:
Earnings Season: Upcoming earnings could drive volatility.
AI & Chip Demand: NVIDIA remains dominant in AI chip supply, providing long-term strength.
Tech Sector Performance: Strong overall, but macroeconomic factors could influence movement.
🔥 Decision:
🩸 Short-term: Scalping long above $136, but watching $140 resistance.
🩸 Mid-term: Bullish above $140, caution if rejected.
🩸 Ideal Play: Buy on dips, exit near $140 or breakout trade if $140 is cleared.
👑 Final Verdict: NVIDIA is positioned for a potential breakout, but resistance at $140 must be cleared. Traders should manage risk carefully, as RSI suggests the stock is nearing short-term overbought conditions.
🔥 LucanInvestor's Quote: "Opportunities lie at the edge of resistance. Break through, or step aside."
Key Levels:
Resistance: $140 (critical breakout zone).
Support: $132.98 (key holding zone).
Indicators:
EMA 9: $136.25 (price above, indicating a short-term bullish trend).
EMA 200: $133.34 (supporting the recovery).
Supertrend: $132.98 (acting as a near-term support level).
MACD: Bullish crossover, indicating positive momentum.
RSI: 70.69, approaching overbought conditions, signaling potential resistance ahead.
🔥 Scalping Strategy:
🩸 1. Momentum Scalping:
Buy near: $136–$137, targeting $140.
Sell near: $140, targeting $135 on retracement.
Stop-loss: Below $133 for risk management.
🩸 2. Breakout Scalping:
Long if price breaks above: $140, targeting $145.
Short if price fails at $140, targeting $135.
🩸 3. EMA/VWAP Strategy:
Price above EMA 9 and 200, indicating a continuation move.
Ideal to buy on pullbacks to EMA 9 ($136) for quick scalps.
🔥 Mid-Term Trend Forecast (1-3 Weeks):
If NVDA breaks $140, a continuation to $145–$150 is likely.
A rejection at $140 could trigger a pullback to $133–$130.
RSI suggests cautious optimism; overbought conditions may lead to short-term selling pressure.
🔥 News & Market Context:
Earnings Season: Upcoming earnings could drive volatility.
AI & Chip Demand: NVIDIA remains dominant in AI chip supply, providing long-term strength.
Tech Sector Performance: Strong overall, but macroeconomic factors could influence movement.
🔥 Decision:
🩸 Short-term: Scalping long above $136, but watching $140 resistance.
🩸 Mid-term: Bullish above $140, caution if rejected.
🩸 Ideal Play: Buy on dips, exit near $140 or breakout trade if $140 is cleared.
👑 Final Verdict: NVIDIA is positioned for a potential breakout, but resistance at $140 must be cleared. Traders should manage risk carefully, as RSI suggests the stock is nearing short-term overbought conditions.
🔥 LucanInvestor's Quote: "Opportunities lie at the edge of resistance. Break through, or step aside."
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.