NVDA Stock - Can NVIDIA See 250s? (NVDA/AMD/TSM/AVGO/ASML)

Añadido: 2026-05-09

[00:00:01]Hey guys, what's up and welcome to a new Nvidia daily update video. So today, as usual, let's go over Nvidia. Let's go over the peers as well. I'll give you my thoughts on what we can expect going into next week and uh maybe even a bit longer than that. But uh yeah, all that being said and done guys, let's talk about it. If you enjoyed, don't forget to hit that like button guys, it does help a lot. This is not financial advice and I'm not a financial advisor. But, if you enjoy my technical analysis, I do have a YouTube membership guys um where again, I constantly share my thoughts, post updates to my members every single day as the markets open, you know, technical analysis, chart updates, options flows, all that good stuff for just three bucks a month. Come check it out. That gives you access to uh all my uh uh Tesla updates, including also the broader market updates, you know, spy, Qs, Vix, things like that when of course there's something to update.

[00:00:42]Uh three buck or that that's for three bucks a month. Five bucks adds a tier two which includes Nvidia as well if you want my Nvidia updates as well, you know, chart updates, intraday, etc. Options flow, all that good stuff.

[00:00:53]Or five bucks a month. Sorry, $7. I just took a nap. I'm a little tired. $7 a month uh gives you access to tier three.

[00:01:00]Uh that gives you access to everything I post, including all my Max 7 updates as well that I do regularly throughout the week and also it gives you access to all my non Max 7 updates too. I post a bunch of other stocks, bullish, bearish, key levels to look out for, etc. We have a private Discord where we have active chat room. Uh we have chart reviews Sundays, etc. So again, we'd love to have you there guys. But, jumping into it, Nvidia closing the day up 1.75% closing at 215 and change. So, what does this mean for the the king of the market, you know, the the king of semis essentially? Is the king finally ready to play and join the party and go euphoric and just completely, you know, crazy like everything else is going or is it going to be a massive bull trap and we just kind of ploop back down?

[00:01:39]That's the question. Well, obviously I do lean bullish, absolutely, right? I absolutely lean bullish and there's really no reason not to in my opinion.

[00:01:46]>> [snorts] >> One thing that's interesting to note is the fact that there's I'm not sure if it's confirmed. I think it's confirmed, but as far as I'm concerned it's a rumor, but it might be confirmed that when Trump goes to see um you know, goes to China to see I'm assuming Xi Jinping.

[00:02:00]I'm not sure if he's going there for Xi Jinping or anyway, he's going to China.

[00:02:04]But there's a rumor that he's taking along Jensen and Tim Cook from Apple.

[00:02:08]Which could be very bullish. I mean they both operate in China very nicely, especially Apple and then Nvidia. You know, there's been some restrictions especially on Nvidia. You know, I think you guys remember like not that long ago like maybe a few months ago now it was just like oh China and and Nvidia's good. Oh, they're not good. Oh, they're good. They're not good. They're good.

[00:02:23]They're not It was like every other two other day or every two days. It was just like what the hell's going on?

[00:02:28]Could be some bullish catalyst coming out for Nvidia and potentially Apple as well. We'll see how that goes, guys.

[00:02:33]We'll see how that goes. I think that's either next week or the week after.

[00:02:36]We'll see. We'll see. But moving into just next week or at least the more you know slightly shorter term going into maybe earnings, what do I see on Nvidia?

[00:02:43]Well, it looks very bullish. We technically set a fresh all-time highs today at what 217 uh 80. So not bad at all. Um and again, we're still following the AVGO playbook, right? We're pretty much right here right now as far as I'm concerned. More or less right here. It's been You have to admit it's been pretty remarkable how you know, maybe not one to one, but the overall pathway that AVGO leaves for Nvidia, you know, and Nvidia just follows it like like crumbs like you know, like like like a trail of crumbs on the floor, you know, through a forest type thing. You know what I mean? It's been following it very remarkably. And I think that'll continue. I do think that'll continue.

[00:03:18]So what does that mean if we continue following the AVGO playbook? That probably means that Nvidia, you know, can go a little bit higher still. I think I think maybe going to even 220 is a very real possibility tapping around 220. And then most likely we reject whether it's right here right now or we get that one big final move up higher maybe as early as Monday and then we reject lower. But at that point, you know, kind of like AVGO back when it you know, had this massive move and then it came down to retest all-time highs and it held it fantastically. It'll be pretty much the more or less the same thing on Nvidia over here where I would expect Nvidia to either do this and then retest the previous all-time highs as well which would be pretty much that 208 to about 210 region, or we do it maybe straight away. Maybe we don't get that final pop and we come down to retest it right away. I don't know, right? I'm not going to try to predict every single daily candle that can move in the exact possible way, right? That's just impossible. I like to look at the bigger picture. I like to zoom out a little bit more, and I promise you right now, I used to be someone that wants to look at every single hourly candle and I figure out like go like, "Okay, what is what's it doing next? What's what's literally the next 1-hour candle going to look like for sure?"

[00:04:17]Who cares? What we care about is the bigger picture. What's the bigger picture telling us? It's telling us that the stock is bullish. There's no question about it, right? And that's what we care about, right? We care about the stock being bullish on the bigger picture. We're here for the, you know, the ride for the next week, two, month, maybe a few months even, who knows? Not for the next, you know, hour or two or day. At least not for me. And that's me to continue to tell me that any single drawdown that Nvidia may see, maybe we get a bigger cup and handle pattern here to about, give or take, 208 to 210. As long as Nvidia, guys, make it simple, as long as Nvidia continues holding 208 to 210, more or less, it's looking fantastic to me. It's looking quite fantastic to me. I don't personally see any major areas of concern or, you know, whatever. It looks great. I I think it's going to be looking fantastic, you know, Nvidia has a tendency, when it's very, very, very bullish, to ride the 9-exponential moving average like no tomorrow.

[00:05:09]Absolutely beautiful. I mean, look at how well it was riding it back here.

[00:05:13]Absolutely fantastic. What I'm kind of hoping for is we're somewhere around here right now, give or take. Now, I don't think this move will be as crazy as this was, cuz again, you know, it's kind of a, you know, the rule of law, the law of large numbers, I think it's called, where it just it can't keep doing these kind of moves, right?

[00:05:27]Eventually, the stock is, I mean, technically, it's already pretty damn big, but it gets too big to the point where it can't just keep making these crazy moves, right? It's going to be more like hindered down. But the good news is the fact that it's a lot safer of a stock, right? Compared to like AMD, which flies around like no tomorrow. So, I guess to just make it as simple as possible with all the the aside, 208 to 210, hold that, very, very bullish, and I think that, you know, it'll be uh most likely continuing higher off of that, especially riding that 9 EMA, which is going to slowly also make its way into those sort of 208 or 208 to 210 region to be essentially another added layer of support, if that makes sense. So, that's what I'd be looking for moving forward.

[00:06:05]Who knows? Maybe as early as Monday, but, you know, however long it takes, probably sometime next week on any potential drawdown. You want to see that level continuing to hold. If we start losing that, then, you know, it could be a bit of a more problematic, you know, it could be a seeing a drawdown closer to about 202 or so, right around here, and then we head higher. Uh you know, that would add some level of complications, in my opinion, that we would rather just avoid. Again, 208 to 210, hold that, simple, no issues, easy peasy lemon squeezy. That's what I'd be looking for for now, at least.

[00:06:33]Um but yeah, overall, the stock in the weekly as well, very, very bullish. Um I mean, maybe this is technically a bullish engulfing. I'm not really sure if you would consider this a bullish engulfing. I mean, you technically could. It's just the body's here, well, you know, it's not really technically uh uh you know, encompassing the previous candle body cuz we started higher, so not really sure, but regardless, who cares? It's a bullish candle. It looks great. Nvidia looks great. I I I don't see any issues right now, so as far as I'm concerned, any pullbacks down to 208 to 210, as long as it holds, continues looking very bullish to me. Uh obviously, earnings is in a couple of weeks. That's going to be the bigger question mark, but that's what I'm looking for right now. Also, you can take a look at it in this fashion. If this is truly If this truly was just kind of like a bullish flag, wedge, whatever, breakout, right?

[00:07:16]There's the measured move. You can take the measured move, which was about that.

[00:07:20]We want to take this here, which is kind of you measure the pole. You measure the pole of the flag, which was this right here. And then you measure it from the breakout. And obviously, that's going to take us way higher than we are right now. This is where we roughly broke out.

[00:07:31]This implies that if Nvidia plays out this measured move of this bull flag, this technically implies Nvidia can make its way nicely into the 250s.

[00:07:40]Um definitely post earnings, but post earnings. If earnings goes well, if you know, Jensen pumps it essentially. Yeah, this implies that Nvidia, technically speaking, in you know, maybe a month or two from now, depending on how quick it happens, could be in the 250s, absolutely. If this measured move fully plays out. So, one step at a time, guys. But, TLDR, I do remain firmly bullish AMD.

[00:07:59]AMD, speaking of bullish, my goodness, it's just breaking above every resistance you can ask for. I mean, this trendline was the resistance I was looking for as a potential massive massive massive resistance right around here.

[00:08:09]Nope, it's just breaking past that once again. This stock is just overwhelmingly bullish. I mean, it's just ridiculously how bullish it is. Just when you think it can't go any higher, it does. Pretty ridiculous, I'm not going to lie. Again, you know, what we talked about before was the measured move on the Fibonacci's, which I did it from here to here to here, right? And now we're approaching what I honestly didn't think would happen this quickly, but hey, you know, here we are. Assuming you measure from this level here, the next level to watch out for for a significant resistance would be 500, which is that 2.618 Fibonacci, not something I see very often, but here we are, right? This is one way to measure it. If you're looking at it from a much larger picture, then the other way to measure the Fibonacci retracements or extension would be from here to here to here, >> [snorts] >> which implies that the next level also is 500 actually, which is actually quite nice, cuz that's where that 1.618 Fibonacci lies, which makes a bit more sense actually, so maybe this is the more correct way. But, nonetheless, they both coincide around 500. So, at this point, honestly, AMD probably has a date with 500, you know, especially if Nvidia decides to wake up and the whole semi space continues rocketing higher, you know, AMD probably will follow as well on this unbelievable rally that it has experienced here. This is just This is truly one of the craziest rallies I think AMD has ever seen, even crazier than this one back here. This is Well, maybe not, let's see. This was from the lows back here was about a 140% rally. This one from the lows back here, 140% rally. I mean, we're pretty much there actually, it's pretty much the same thing as this one back here. Very interesting, let's see how that plays out. But, I will definitely be watching for technically the first level here around 456 with the 1.414, but honestly at this point I wouldn't be fully shocked if it gets that little bit of extra percent higher from here, which will be another 8% to about $500 per share. And then I think we can probably start putting in a much bigger top for AMD from there. Um if you do what we talked about, nothing really to say about this name. I'm very very bullish as long as it continues holding previous all-time highs over here, pretty much in the low 400s. I still maintain a very bullish outlook to just slowly but surely grind its way higher. And then of course we have TSM.

[00:10:12]Uh fantastic company and stock. I do I do really like TSM quite a bit actually. I like it more than Nvidia to be honest, but I am currently in Nvidia, not TSM.

[00:10:21]But, it's giving you a pretty decent opportunity. Any continued drawdown on TSM, as long as 400 to about 405 continues holding on TSM and any continued drawdown, this looks very bullish. This was a nice bullish breakout so far today. We had a bullish retest of the 9 EMA as well. If we see it back down into the almost 400 again, could be another fresh opportunity to essentially round off from here and then make its way higher as well. But, this name it continues looking extremely bullish to me. And the other name that I'm personally very bullish on that I am in a position that I did share with my members, my tier three members, right on this candle right here as it was breaking out, um is ASML. I don't see anyone talking about ASML. This stock is just unheard of it seems like. No one talks about ASML. Maybe because the share price is $1,600 per share. But, even then who cares? Like if you're buying $10,000 of ASML, it's 10,000 is 10,000. Most brokers let you buy fractional shares. It it the share price is mostly irrelevant unless you're trading options, then it's obviously substantially more expensive.

[00:11:13]But, if you're trading shares, it doesn't really matter. But, nonetheless nonetheless, it's looking fantastic here. It's looking very very bullish. I I think this name is actually ready to also go way higher. I mean it had a very nice rally, huge consolidation over here, and now it closed now closed a weekly candle above this range that it couldn't before for like what?

[00:11:32]Three, months ish, right? Very nice bullish breakout. Simply put any drawdown back now from this stock into about 1470 to about 1500. I want to see a support and then we ultimately most likely continue resuming higher. But this is also another very important name that no one talks about.

[00:11:50]I don't know why. Like TSM, TSM essentially, you know, creates the the crane, I think it is, right? This is like an analogy I used or that I saw before.

[00:12:00]TSM essentially creates the the foundation like the skeleton of the chips that then Nvidia molds into what they want it to be.

[00:12:07]But ASML gives them the proper tools to do that if I'm not mistaken. It was something like that. I think there was like a There was a good analogy for it when it comes to cranes and in construction. I Let me see if I can find that actually. Now I'm Now I'm just like thinking about it and I can't not think about it.

[00:12:24]Uh here we go. I think it was this one here. I was talking I was using a meta AI. Here we go. This is a good one.

[00:12:27]Check it out. This one right here.

[00:12:30]Um the analogy, right? Nvidia AVGO, architects who design the skyscrapers.

[00:12:34]TSM TSM, construction company that builds the skyscraper.

[00:12:38]ASML, company that makes the one-of-a-kind crane needed to build to build skyscrapers taller than 50 floors.

[00:12:43]So simply put, I mean these guys won't even be able to do what they're doing as well as they are without ASML.

[00:12:48]Very very bullish, man. Very very bullish. Which is also why I like TSM because Nvidia and those guys can't really do what they're doing without TSM. They're the Chewbacca backbones that no one really talks about and I find it very interesting. Not sure why, but I guess it is what it is. But nonetheless, very bullish and this is just going to continue riding the 9-21 EMAs until the momentum fades like it has before in the past. But nonetheless, guys, thanks for watching. See you tomorrow. Peace.