$NVIDIA Corp(NVDA)$ $Invesco QQQ(QQQ)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ 

🚨📰🚀🥊☕️📈📉📊🥊🌟 Nvidia & QQQ: A Tactical Dance Between Bulls, Bears, and... Maybe a Cup of Coffee? 🌟🥊📈📉📊☕️🚀📰🚨

Kia ora Tiger traders!

I've been updating my charts, and after reviewing $NVDA and $QQQ, it's clear that both are at critical technical junctures⚠️❗️

With Nvidia’s Head and Shoulders (H&S) pattern and QQQ’s Inverse Head and Shoulders (IHS), we’re gearing up for big moves. Plus, with CPI data looming on the 11th of September, the market is poised for a turning point. I believe the market will be ready to buy by then, but I’m still unsure whether today will show us red or green 📉📈🔺🔻

Nvidia: Will the Blue Band Hold, or Are We Facing an Inevitable Downfall?

📉 Post-Market: $102.83 (-4.09%)

$NVDA is clinging to the blue band support around $101, a level tied to Bollinger Bands and volatility zones. It’s held for now! My updated charts show this is a pivotal level~if it holds, Nvidia could stabilise, but a break below may signal a deeper sell-off due to the bearish Head and Shoulders pattern🐻📉.

💙 $101 - $102.40: This blue band is a crucial support zone. If Nvidia holds here, we might see some consolidation. But if it breaks, we could be looking at a slide to $97.50 and lower.

🛑 $97.50: Breaching this level would complete the right shoulder of the H&S, pushing Nvidia toward the $90 neckline, confirming a bearish reversal 📉.

📉 Head and Shoulders Pattern: With the head formed at $140, Nvidia’s potential breakdown below $101 would confirm the right shoulder, signaling a larger trend reversal.

$QQQ: The Tech Sector's Last Stand?

📉 Post-Market: $446.77 (-0.43%)

The QQQ ETF is showing signs of a bullish Inverse Head and Shoulders (IHS) pattern on my 4 hour chart, but it’s not confirmed yet. A breakout could send the entire tech sector, including Nvidia, on an upward trajectory.

🟠 $447.70: This is the first resistance level we need to break to kick off the rally.

🚀 $449.30: Breaking this would confirm the IHS and send tech stocks soaring.

⚠️ $443.25 and $436.28: If the breakout fails, the sector could face more downside pressure.

Which Comes First: Nvidia’s Fall or QQQ’s Rise?

Nvidia’s Head and Shoulders pattern is much further along than QQQ’s IHS. Nvidia is already testing that $101 support, and if it breaks, we’ll likely see the right shoulder complete quickly❗️

Meanwhile, QQQ still needs to break $447.70 and $449.30 to confirm its bullish pattern. It’s a close race to see which happens first 🥊🥊🥊📉📈❗️

📉 Nvidia’s Bearish Breakdown: If Nvidia breaks $101, it will likely confirm the H&S pattern, leading to a larger market pullback.

QQQ’s Bullish Reversal: If QQQ breaks $449.30, it could pull Nvidia back up and prevent a full H&S breakdown.

My Take on CPI and the Market ~

With CPI data dropping on 11 September, I believe the market will be ready for a buying spree 🛍️🛒. The big question is: Will today be red or green? 🔻✅ The uncertainty is strong 💪, but CPI could just be the market’s catalyst!

🔑 Key Takeaways:

🟢 Bullish Case: Nvidia holds $101, and QQQ confirms its Inverse Head and Shoulders breakout, sparking a tech rally.

🔴 Bearish Case: Nvidia breaks $101, completing the H&S pattern, leading to a market pullback before QQQ’s IHS can play out.

- My hopes are pinned on this scenario for now!

Hey Tiger Traders! Which pattern do you think will hit first~Nvidia’s breakdown, or QQQ’s breakout? And who’s ready to jump in when CPI data lands?

TigerGPT: With both these patterns in play and CPI on the horizon, should traders hedge their bets or go all-in for the bullish breakout@TigerGPT 

Happy trading ahead. Cheers, BC 🍀

@Tiger_comments @TigerPM @Daily_Discussion @TigerStars @TigerPicks @TigerOptions @koolgal @SPACE ROCKET @Happiness. 

Sources: TradingView, Yahoo Finance, InvestorPlace, MarketRebellion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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  • TigerAI
    ·2024-09-09
    TOP

    Based on the information provided, let's analyze the situation for NVIDIA Corp (NVDA) and Invesco QQQ (QQQ):

    NVIDIA Corp (NVDA):  

    Post-Market: $102.83 (-4.09%).  

    NVDA is currently at a critical technical juncture, with a Head and Shoulders (H&S) pattern indicating a potential bearish reversal.  

    The stock is clinging to the blue band support level around $101, which is tied to Bollinger Bands and volatility zones.  

    If NVDA holds the $101 support level, it may stabilize. However, a break below this level could lead to a deeper sell-off.  

    Traders should closely monitor the price action around the blue band support zone ($101 - $102.40) to assess the stock's future direction.  

      Invesco QQQ (QQQ):  

      There is no specific data provided regarding the price or technical situation of QQQ. However, it is mentioned that QQQ has an Inverse Head and Shoulders (IHS) pattern, indicating a potential bullish reversal.  

      A breakout above $449.30 could trigger a rally and potentially support NVDA's price.  

      Regarding the upcoming CPI data on September 11th, it could be a turning point for the market. It is not possible to predict the market's color (red or green) on a specific day, as it depends on various factors and market dynamics.

      Key Takeaways:

      Bullish Case: If NVDA holds the $101 support level and QQQ confirms its Inverse Head and Shoulders breakout, it could spark a tech rally.  

      Bearish Case: If NVDA breaks below $101, completing the Head and Shoulders pattern, it may lead to a market pullback before QQQ's Inverse Head and Shoulders can fully play out.  

      In terms of investment decisions, it is crucial to consider the volatility and risks associated with the market and individual stocks. Traders may consider diversifying their portfolios and using risk management strategies to mitigate potential losses.

      Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Trading stocks involves risks, and it is important to conduct thorough research and analysis before making any investment decisions.

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    • TigerAIReplying toBarcode

      I have found some recent news articles related to NVIDIA Corp (NVDA):

      "NVDA, AMD, INTC: Which Chip Stock Is Best Value?" - This article discusses the semiconductor industry, with a focus on NVIDIA and its competitors. Read more

        

      "Daily Scoop 🍨: The Nvidia Blackwell Story / Nothing Weird / Buy 💪" - The article examines the delay of NVIDIA's next-generation AI accelerator chip, Blackwell, and its impact on the company's fiscal Q3 and Q4 results. Read more

        

      "Nvidia Stock Falls Again. Should You Buy the Dip?" - The article explores the recent decline in NVIDIA's stock price and analyzes whether it presents a buying opportunity. Read more

        

      "NVDA Stock Slips on Weak Jobs Report and Antitrust Concerns" - This article highlights the factors contributing to the decline in NVIDIA's stock, including disappointing U.S. jobs data and news of a potential antitrust investigation. Read more

        

      "Nvidia Stock Rout To End Soon Says Fundstrat Analyst, Crypto Market Recovery Ahead?" - The article discusses analyst predictions about a potential recovery in NVIDIA's stock price and its potential impact on the crypto market. Read more

        

      Please note that these news articles are for informational purposes only and do not constitute investment advice. It's always recommended to conduct thorough research and analysis before making any investment decisions.

      If you would like more specific information, you can visit the stock quote page for NVIDIA Corp (NVDA) on a financial platform or website.

      2024-09-09
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    • TigerAIReplying toBarcode

      Thank you for your kind wishes! I hope you have a wonderful Monday as well. Feel free to reach out anytime if you have more questions. Have a fantastic day ahead! Take care! 💯

      2024-09-09
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    • BarcodeReplying toTigerAI
      Cheers TigerGPT, happy Monday and have a great day ahead yourself! I’ll let you know if I have anymore questions 💯!
      2024-09-09
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  • Happiness.
    ·2024-09-09
    TOP
    额外的!!!!


    @TigerGPT 你认为现在是购买的时候吗$Palantir Technologies Inc.(PLTR)$$SoFi Technologies Inc.(SOFI)$现在???这些股票在2025年和2026年会上涨吗?你认为
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    • Barcode
      你可能错过了这次的蘸酱
      2024-09-09
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    • TigerAIReplying toHappiness.

      不客气!如果您还有任何问题或需要进一步的帮助,请随时提问。投资愉快!🖤

      2024-09-09
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    • Happiness.Replying toTigerAI
      [酷][守财奴][开心]谢谢。🖤
      2024-09-09
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  • Happiness.
    ·2024-09-09
    TOP
    Thanks for the full details of numbers post sis 🩵.
    I truely believe this September is the buy month. Because October will be Bullish. I am ready to buy from Next week onwards for any low points ❌ my taken is : $NVIDIA Corp(NVDA)$,$Vanguard S&P 500 ETF(VOO)$ and $Invesco QQQ(QQQ)$. Also watching $Microsoft(MSFT)$ for how low it can go. 🫶🏼🩵♥️🙊🍭


    Enjoy shopping our family 🎉😄
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    • Barcode
      All good H, happy trading for the dips and highs, cheers BC 🍀
      2024-09-09
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  • Tui Jude
    ·2024-09-09
    TOP

    I hope $NVIDIA Corp(NVDA)$ Will drop for you BC! 💕💞💖

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    • Barcode
      Thanks TJ 🍀
      2024-09-09
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  • Kiwi Tigress
    ·2024-09-09
    TOP
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    • Barcode
      Haha yes for today!
      2024-09-09
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  • Kiwi Tigress
    ·2024-09-09
    TOP
    🤞为你BC💚·📉📉📉
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    • Barcode
      谢谢KT!🌳
      2024-09-09
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  • koolgal
    ·2024-09-09
    TOP
    愿多头获胜💪💪💪
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    • BarcodeReplying tokoolgal
      😆,那就行了!💯干杯!
      2024-09-09
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    • koolgalReplying toBarcode
      骗局.....
      2024-09-09
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    • BarcodeReplying tokoolgal
      施展你的魔法koolgal➖➖🔋✨✨✨
      2024-09-09
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  • Barcode
    ·2024-09-09
    TOP

    🚨·⚠️‼️📉英伟达的内部警告:科技摊牌中采取战略行动的信号📉·‼️⚠️🚨

    英伟达(NVDA)内部激进的内幕抛售活动可以被视为该股的看跌信号。通常,当公司内部人士(高管或主要利益相关者)开始大量出售其股票时,通常表明对公司未来业绩的潜在担忧,或者认为股价在当前水平上被高估。这种类型的抛售可以被解释为对该股的近期走势缺乏信心,即使大盘或外部观察人士仍然看涨。

    对于英伟达来说,这种内幕抛售加剧了该股图表上潜在的头肩顶(H&S)形态,进一步表明该股可能即将出现调整。内幕销售,尤其是高级领导层的内幕销售,通常被视为交易员的警告信号,表明那些最了解公司前景的人可能正在为潜在的下跌做好准备。这可能会导致市场参与者的看跌情绪增加,他们可能会开始效仿。

    从本质上讲,这些行动可能会成为更广泛市场反应的前奏,如果其他技术指标与这种行为一致,英伟达的股票可能会面临更大的波动性,甚至下跌趋势。虽然内幕抛售并不总是预示着立即下跌,但它们对投资者来说是一个重要的风险指标,特别是当与更广泛的市场信号(例如H&S.

    对于英伟达来说,其影响是显而易见的。随着内部情绪变得谨慎,这是对大盘的警告,尽管该公司的长期基本面(在AI和GPU技术领先地位的推动下)仍然保持💪,但该股可能面临中短期阻力。随着越来越多的市场参与者关注技术信号和内幕活动,这些可能会表现为价格向下调整。激进的出售是内部谨慎的信号,可能会促使外部投资者在短期内重新考虑他们对英伟达的风险敞口。

    内幕抛售和看跌技术模式的双重融合不应被忽视,尤其是那些在高管层或机构规模管理投资组合的人。它代表了技术分析与内部知识相遇的关键时刻,为Nvidia创建了需要关注的全面风险状况。因此,具有前瞻性思维的投资者最好将这些信号纳入其整体策略,可能会重新分配资源或实施对冲策略以减轻潜在的下行风险。

    总之,英伟达的内幕销售和不断演变的头肩形态的综合影响对未来可能出现的动荡发出了强有力的警告。这种内部谨慎和技术脆弱性的融合很可能预示着英伟达股价近期下跌,这也对以科技为主的QQQ产生广泛影响。对于战略投资者,尤其是高管层面的投资者来说,现在是重新评估风险管理协议并为可能更加动荡的交易环境做好准备的时候了。

    @Tiger_comments@TigerPicks@TigerStars@Daily_Discussion@TigerPM@koolgal

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  • Queengirlypops
    ·2024-09-09
    TOP
    Bear for the day BC 🐻📉🐻‍❄️🐻📉🐻‍❄️🐻📉🐻‍❄️🐻📉🐻‍❄️🐻📉🐻‍❄️🐻📉🐻‍❄️🐻📉🐻‍❄️
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  • Ahqing
    ·2024-09-09

    Great 

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  • Sonsonkok
    ·2024-09-09

    Great article, would you like to share it?

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  • nanagred
    ·2024-09-09

    不错的分享

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  • poporo
    ·2024-09-09
    很棒的文章,你愿意分享吗?
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  • KSR
    ·2024-09-09
    👍
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    • Barcode
      🤝
      2024-09-09
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  • Queengirlypops
    ·2024-09-09

    很棒的文章,你愿意分享吗?

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  • Hen Solo
    ·2024-09-09

    很棒的文章,你愿意分享吗?

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    • Barcode
      为股票HS干杯!🍀
      2024-09-09
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