Nvidia Stock Analysis | Nvidia Post Earnings Recovery Or? AMD ARM AVGO MU SMCI

hey what's up you guys this is Junior Trader and in this video we are taking a look at Nvidia post earnings after earnings the day after earnings price action and we are seeing something that puts us again a little bit indecisive I mean we will have to see how the price action today develops because as I said that yes earnings has happened I also like to see one next day as well as for PR SE to do its thing complete itself and then you know we would have much more clarity so let's take a look at today on what Nvidia is doing and it's making some Unthinkable move for sure and we'll take a look at that amds smci arm broadcom and Micron so with that please hit the like subscribe and also please note none of this is any Financial advice and it's only for education purposes all right so and throughout this video you'll see me using a lot of my tools if you need access to my tools as well links are in the description below of this video all right now we have Nvidia uh yesterday gabed down we were at one time below $118 that's where I mentioned we had a break off structure now before even going in that direction I actually want to show you the short volume data as well and that is yesterday as well was high but less than you know a couple of previous few of previous days but it's still less but however it's still strong but anyways as I was talking about yes yesterday that we did break the structure going below pretty much that $118 however in the pre-market things got bought back up so let's go to the 5 minutes interval and you can see that when Nvidia opened it opened up little bit higher that's fine but it went all the way high up again to 124 uh does also taking out 1122 but then um eventually the retest in the morning when the market opened has failed right it has turned red and is selling off again so uh definitely uh it's it's a it's again a day when Nvidia is stabilizing its price action but what do we make out of this price action as for the levels to watch now this area 122 Still Remains The Zone of resistance okay so when I I I'm seeing a zone and right because we have these hanging pivots up or down around that zone you these will this is these are not plank boats this you have to take these levels as a Zone you have to see the price action at these zones like what is the price action doing here well it's rejecting on hourly interval B below 200 hours moving average right it's having double tops at least right now on the intraday and is still below those previous um pivots down here technically structure hasn't changed on this to the upside though it's still rejecting there right um around the same Zone if somehow now this is where we are between 20 and 50 days moving average all right if somehow let's say Nvidia manages to close above 50 days moving average you know things may still turn around okay it's not a bad reaction usually stocks would just plummet after a bad earnings reaction and viia did fine it got bought back up in the pre-market right but we are then seeing a continuation of the selloff now it all comes down to how Nvidia closes the day if Nvidia closes somehow let's say about 12 do things when not maybe fully bullish but they will be in the bullish favor right if we close even above 50 days moving average we and but below 122 though we will remain in the downward structure we'll have to take a look then at the lower time frame on the when the day has closed how Nvidia has closed right but this is the Zone like between 20 and 50 days moving average that but you can see it's selling off right the structure still still technically is Once after becoming bearish and negative it's still red and negative below 122 and 39 cents area if I turn on my structural indicator as well you can see we did turn red already here right so um we did break the structure retest is failing and it all comes down to what it does 118 you can still use that but structure has broken let's see what it does at 118 if anytime we lose that as well much more downside at least right now the retest when the market has opened is failing yes in the pre-market we saw a strong retest back up again 200 hours moving average but as I said yesterday as well if you seen the pre-market some bullish action don't just get carried away by that it did take us above 122 I was telling I was saying that 122 we we may not even go above that this becomes an area of resistance we did go a little bit higher than that I get it but we still rejected with the double top at underneath of 200 hours moving average and lost finally 122 thus in other words when I said that the structure has broken don't get carried away if in the pre-market you see a strong price action because here's your answer to that there was no point of getting carried away as it's just after retesting Double top it's selling off so let's see how the market closes as I said I like to see one day after earnings as well especially with a stock like Nvidia when it's doing trying to do something else right is without doing a follow through to the downside is trying to a little bit rebound but it's again giving up and selling off in that area but we'll see how Nvidia closes all right um but yeah you still have levels to watch that are provided and accordingly you know do that thing all right now let's go to AMD and uh we are seeing some rebound happen on AMD as well coming in at that 20 days moving average um but we are still well yes 20 days moving average is fine that's where I expected at this level you know if some Bounce has to happen it can happen here if we lose this 145 and 32 cents with 20 days moving average there's a bigger problem to the downside if somehow we can continue to hold this area sure but is that what we are looking at so let's go to the hourly interval and on hourly interval it's not a bad price action you know the way it has turned itself in this could be an inverted Head and Shoulder as well it's all comes down to if it can continue to hold above 146 and 26 since if it does this Zone as well right um then you have a chance of this going higher but again we are below 200 hours moving average at least right now we are seeing a sell off below that so when the price is trying to rebound technically it's just a rebound on daily interval but on Inay hasn't turned fully bullish yet you it's better off to just wait and hold and see if the pullback holds at these zones like 145 and 26 Cents if they hold pullback holds on the lower time frame at these important levels then you can uh play the upside so for example yeah this if this cool of right now you are still seeing after that push up we are seeing a lower Highs but if you somehow see it can maintain above these areas somehow um you know forms a double bottom start forming higher PIV it can continue higher so let's see if this turns into a just a pullback but you have the levels to watch uh down here and this was the morning play as well when we were trying to just rip up on this very similar to nvidia's price action right um it's a little bit different not very similar but uh Nvidia is red AMD is though green um but yeah if yeah so this is the Zone if it can save it saves it the pivot 145 and 22 28 cents otherwise yeah a little bit downside SMC also rebounded but then you can see it's selling off still underneath of the previous pivot right structure on this is not bullish right now it's still bearish you can see rebounds are still being shorted and structure is bearish on this thing right now still all right so that's smci arm okay arm is Towing around playing playing around with us yesterday structure broke today uh structure well it's holding above 20 days moving average and thereafter trying to go higher up from there right um that's that's what it seem it is doing here so well yeah that was the area again yesterday Nvidia really broke everything right in the post Market all these stocks were selling off today in the premarket this thing come came back strong got Above This level of 126 and 26 C significant level with support of 20 days moving average now if it can hold 200 hours moving average or even the level of 126 and3 cents area if from here it can hold that this Zone it Bulls can still hold control of it that's all with arm I would say yeah this is what happens guys the after earning sometimes things things are just messed up because things something would happen in the post market and then the next day things would completely try to you know um break left or right everything it's it's yeah that's what earnings does it just mess up everything all right broadcom so broadcom holding 20 days moving average um as I said post Market it was below 20 days moving average but it opened up higher it's still rejecting underneath of that 16152 cents if somehow it can get above that um this zone of 16152 cents it can continue higher all right in the overall structure as well so um but yeah 15640 it also has its earnings coming up but we'll just do it with the structure though right um and yeah so this just yeah if you can still maintain above 156 and 44 C after today that's fine Micron Micron is not in the bullish structure some rebound is coming but it's still weak right now and I'm not seeing anything to the upside on this thing if we go to the hourly interval if we want to see a good rebound out of it um at this point we need to close above today first 9516 and uh we'll we'll have to see some more consolidation here in my opinion for it to make some more upside otherwise if it can get above 9739 cents today itself sure some upside can continue but I would want to see some more consolidation here before if any upside has to develop and if anytime we start to lose $95 and2 and finally eventually if you lose 93 and 54 it's still game over on this thing so let's see what it does okay um let's take a look at spy and QQ as well just before wrapping up and yeah it's so it's funny right like spy again as I said Nvidia screw screwed up everything right yesterday now today well spy is still bullish overall and it's still going strong right uh yeah it's still bullish guys let's see QQ because it it's doing a buyb today right it's trying to come back up yeah so yep you can see that it's getting above again 47378 cents um getting above the previous pivot so technically it's in the bullish structure again all right and that's why whatever we do we have a stop loss on the other side of the structure if if for any reason whatever position is taken I don't like to do anything between 50 and 20 but I like I don't need I I don't like to be in the bullish position anymore if the structure has broken but I don't like to short between 50 and 20 I don't really I only buy at 20 not just 20 but at significant level and pivots if those are holding uh with the price section and the structure that might tools helps in and but yeah that's the zone right one sorry 47378 cents getting above it is already in this thing is bullish all right so just before wrapping up let's take a look at Nvidia again so yeah again it all comes down to if well if it stays below 12245 cents today technically it's still in the downward structure let's see if 20 days moving average can save it with $118 level that's a Confluence Zone let's see if if it can do that so again let the action develop today we'll have more clarity thereafter and and then I'll I'll talk about it later but yes um yeah stronger weakness is below 118 with the stop loss on the other side for sure and if he can close above 122 area and 40 cents area then maybe Bulls May again look strong so all right we'll see all right I'll see you my next videos and my other videos today will be coming out a little bit later um not in the afternoon they'll be coming out today in the evening all right with that I'll see you my next videos guys take care bye