It just depends how long you’re planning to stick around. The last time (and only time in the last 15 years) TD Alignment reached +5 (back in 2011), high-to-low the stock was cut in half in a span of 7 months.īottom line, if you are bullish or bearish on Nvidia, you can easily be right. In addition, the obvious parabolic move of the last 18 months, has pushed “TD Alignment” – an aggregation of various TD oscillators – to a max +5. By itself, this should be enough to move most bulls to the sidelines sooner than later.

The secondary exhaustion tied to this indicator will be $194.89. A July close above $144.35 will complete the “Countdown Sell 13”. The monthly chart however, is what should have all shorter-term bulls keeping an eye on the exits. Nvidia (NVDA) Stock Chart with DeMark Indicators – “Monthly” Bulls gotta be feeling good about this chart. Meanwhile, the “Risk Level” (secondary exhaustion) tied to the May 12 “Countdown Sell 13” has been broken – albeit not (yet) on a qualified basis. The “Countdown Sell 13” of May 12 was not able to interrupt the overlapping “TD Sell Setup”, and the latter completed on June 30 that laid the ground for yet another “Countdown Sell 13” to complete. The weekly chart has equally bullish indicators. Nvidia (NVDA) Stock Chart with DeMark Indicators – “Weekly” If the “TD Sell Setup” completes and the “TDST Level Up” breaks on a qualified basis, it would be a perfect picture for more upside. That was the pause that refreshed and the stock is now on bar 4 of a new “TD Sell Setup”, and is already trading above “TDST Level Up”.

On a daily DeMark chart, levels/counts suggest higher prices: the early June “Countdown Sell 13” resulted in a completed “TD Buy Setup” on July 6.

Nvidia (NVDA) Stock Chart with DeMark Indicators – “Daily” The answers to those three questions may well be “everyone”, “yes” and “yes”, as long as traders can match their expectations to the correct time frame.

So who’s going to win? Should one chase the next $20-40 of upside? Or is it time to leave the party?

Nasdaq nvda price target