NVIDIA (NVDA) | Long Bias | Watching Key Supply Zone + Overvaluation Risk | (April 2025)
1️⃣ Quick Insight:
NVIDIA has been in a strong uptrend since November 2024, but price is now approaching a critical zone around $120–122. We’ve seen a key liquidity grab around the August highs, and the price has been pushing upward since. However, there are signs of possible correction ahead.
2️⃣ Trade Parameters:
Bias: Long (with caution at resistance)
Entry: Already in from $94 zone (liquidity area)
Stop Loss: Below $94 (liquidity base)
TP1: $120 – Watch this for potential rejection
TP2: $143 – If breakout happens
Final Target: $153 – Previous high area
Correction Watch: Potential ABC correction back to $106 or even retesting $94 before continuation
3️⃣ Key Notes:
We're currently in a parallel channel, and NVDA continues to move higher. However, valuation risk is real. Based on fundamentals, NVDA appears overvalued — with a price-to-sales ratio near 20 and book value suggesting a much lower fair value. Earnings have been decent, but cash flow and valuation metrics don’t support this kind of rally sustainably.
A rejection from $120 could lead to a short-term correction. This move could be deeper if macro risks arise — such as tariff threats or negative headlines from political events (e.g., Trump-related trade policies). Always monitor broader tech sentiment (QQQ, NDX) when analyzing NVDA.
4️⃣ Follow-up:
I'll continue watching price action near $120 and update the idea if structure changes significantly.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
1️⃣ Quick Insight:
NVIDIA has been in a strong uptrend since November 2024, but price is now approaching a critical zone around $120–122. We’ve seen a key liquidity grab around the August highs, and the price has been pushing upward since. However, there are signs of possible correction ahead.
2️⃣ Trade Parameters:
Bias: Long (with caution at resistance)
Entry: Already in from $94 zone (liquidity area)
Stop Loss: Below $94 (liquidity base)
TP1: $120 – Watch this for potential rejection
TP2: $143 – If breakout happens
Final Target: $153 – Previous high area
Correction Watch: Potential ABC correction back to $106 or even retesting $94 before continuation
3️⃣ Key Notes:
We're currently in a parallel channel, and NVDA continues to move higher. However, valuation risk is real. Based on fundamentals, NVDA appears overvalued — with a price-to-sales ratio near 20 and book value suggesting a much lower fair value. Earnings have been decent, but cash flow and valuation metrics don’t support this kind of rally sustainably.
A rejection from $120 could lead to a short-term correction. This move could be deeper if macro risks arise — such as tariff threats or negative headlines from political events (e.g., Trump-related trade policies). Always monitor broader tech sentiment (QQQ, NDX) when analyzing NVDA.
4️⃣ Follow-up:
I'll continue watching price action near $120 and update the idea if structure changes significantly.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.
Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.
註釋
We are at level looking good 註釋
looking good taking small profit
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2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
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2 Ways I can help you | Real Trades. Real Edge
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
1️⃣ The 4 Steps to Improve Your Trading Immediately: tradinggen.services/mohamad-link/
2️⃣ Get trade setups & breakdowns Here: t.me/TradeSimple_with_Mo
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。