Nvidia Stock Analysis | Nvidia Earnings Disaster | AMD ARM AVGO MU SMCI

hey what's up you guys this is Junior Trader and in this video let's take a look at Nvidia stock today so we finally had its earnings we have a chart in our hand on daily interval you can't really see any difference because trading view doesn't really highlight what happens in the post Market or pre-market on The Daily interval but this is where the price is where I have put the Red Line This is almost where the price is right now we have fallen off the cliff all right things have fallen off they have broken legs are broken mountains are broken everything is things are broken all right so as I talked about and we'll take a look at how Nvidia has affected and its earnings and everything amds SMC arm broadcom and Micron but we'll mostly focus on Nvidia here now as I was talking about well first of all no one knows what's going to happen at that time with the priz section let's go to the hourly interval first so no one going to know no one knows what's going to happen through the price action right no earnings can be great price must still fall guidance can be great price must still fall right um I'm not going to go too much in depth on all those details of you know numbers the technicals earnings what are the guiding I'm not going to do any of that pretty much I'm just going to focus on the technicals U because you know that's how I make the money and that's how I trade and we have a chart in our hand already now after earnings what is the new chart looking like right so earnings we have had um you know um beat on all the fronts right well EPs and also revenue and then we also have like Nvidia you know coming up with uh $50 billion share buyback approved in the past whenever they have bought back price have reacted tremendously in support right but so that's what I'm trying to say there's no correlation that you can you know um put put up right so um and I you know there's not any bad guidance like Nvidia you know is just been fine right even for forward-looking guidance um so again you can go through all these numbers and you know the details but um yeah so the company expects fiscal Q3 revenue of 32.5 billion plus or minus 2% so it's you know analysts expected they're forecasting anything down it's like a tremendous growth that they're still showing and that's what my point is it doesn't matter what you know it's all about once we have the chart developed and we have the new chart or the price section in our hands we just have to build our trading plan from thereafter and that's what I want to focus on in this video and also um guys I would highly suggest check out my dividend investing channel it's right over here junior Trader divident investing Channel you can find the link to the this channel in the description of this video video as well and here in this portfolio I hold Nvidia share and now since Market has been falling I might be using that opportunity because the cash that I put on side by selling some of the positions partially profits that I took out especially on Nvidia when I was talking about I'm taking some partial profits here also for the reason High short volume High short sellers were coming which we'll talk about in just a second but all that stuff I cover here on this channel so check it out uh if you want to follow along check out the video subscribe here as well and yeah please do that so all right let's come back over here now um as you already know I have been talking about that how short selling volume has been coming in high back then price action wasn't really uh confirming in the support of that right but you can today's short volume data will come this evening if you have my tool you can plug and play and if you need access to my tools links are in the description below of this video so but this High short volume person that has been coming on Nvidia and 13 acting as a supply Zone finally short sellers prevailed earnings was you know the thing that would have concluded things one or the other way if we would have squeezed above 130 that would have added a lot of this buying pressure because all these short cells would be covering their position but they prevailed they won and that's what I'm saying right everything is great on Nvidia but price still fell what does this tell you that all these big hedge funds are working together it doesn't matter what the it's all about it doesn't matter what happens in the earnings it's all about what the narrative now that's going to be created after the price has made the move it's all about what what they cherry pick how they build the narrative and what they sell you in that narrative to make you believe something as for their News section right and that's why I don't really too much talk about the uh the media the news and you know how things are what they are saying it doesn't matter right so that's why I trade with the technicals and the data and this is what I said no one knows what's going to happen through the earnings period 130 if you squeeze above it we will have another pivot in our hand all these short cells will cover and that will give the more you know strong move to the upside but technically we never did that and we unfortunately 118 is what I talked about that if we gapped below this post earnings that's a break of the chart break of the technicals we lost $118 all right and that's where we have broken the chart now let's talk about all of that stuff right like from to from Tomorrow onwards what are the levels to watch what is the price section and all of that stuff to watch so now here's the thing chart has broken to the downside we are below $118 we have broken the chart to the downside lost the previous distribution level of support area zones and uh we have lost the pivots previous pivots as well blue box pretty much the support of you know 50 days moving every loss lost that 122 lost that everything is lost on the structure on the chart now tomorrow most likely we going to open below 20 days moving average right so where's the price 117924 cents right now right just just around around hovering around 20 days moving average there there are two levels pretty much to watch tomorrow one is $18 so let's go back to the hourly interval because you know that's where the things are to talk about and you can see in the post reaction after price falling off coming trying to retest and where is it selling off again at very same level8 this becomes your level tomorrow to watch also in the downtrend and also if I show you the structure my indicator and tool on the hourly interval uh we do have a you know quite a strong sell off into that cloud as well and even though today we were weaker to the downside and then eventually we we are very red right now as well right so but so the the levels to watch tomorrow guys so there's 118 you are watching if he somehow get above 118 area this level there's some rebound potential but I would not put lot of bucks into that I don't you want to trade rebound right now because usually the next day after earnings we would see a follow through things may turn around with a stock like Nvidia that's why I don't we don't know where like to the day after earnings as well I like to see what the price price action is going to do but the levels for that is 118 is if we get above it some rebound is possible 122 but I'm not going to put any confirmed price action here because usually you see a follow through the next day but there are exceptions that the next day we might see a reversal as well so it all comes down to still what's going to happen tomorrow but the levels to watch for that is 118 you have to give one more day to for the price action to stabilize 118 and above some rebound is possible but until remember until 122 and 42 cents now it's just going to be a rebound the structure overall will still stay bearish now we have lost the level and that level has now become a resistance level and those are like 122 and also 180 now I'm just saying if we cross above 118 which could happen in the pre-market as well tomorrow some rebound is possible but don't confuse that rebound until 122 as a bullish play that's just a rebound structure until 122 and 42 cents is still technically a downward structure now it all depends how you want to trade this structure right so if you want to trade the rebound from 118 but since we're in the downtrend you need to have a stop loss don't get too much carried away we're holding it forever and if we get about 122 tomorrow if that happens that would happen pretty much by the time market closes I don't expect that to happen early in the morning that's quite going to be a big move but if it happens it happens but what I'm trying to explain you is that this is the new distribution phase you have in your hand lot of short sellers which have piled up here that I showed you um you know in the video as well and um and this is where now those short sellers they have the chart in their favor as well and until you know any rebound most likely in my opinion will be shorted I won't be surprised if nvdia comes down to $629 not saying it going to happen just tomorrow but that's the direction right now we have opened up the flood gates too right because as I showed you this um short volume data right um this is where now all these sh look they're not going to be happy just $5 $6 move these are pretty much big hedge funds guys right and their happiness would be there now when if they can push the price quite low so yeah get ready there may be more downside coming $16 but as you know I'll be taking this opportunity to buy not saying I'm just going to buy tomorrow what I'm saying is that for me as I already took partial profits again I'm telling you guys check out these videos here on this channel okay my dividend investing Channel and I you know I will be using this opportunity to build more position for the cash now that I have put on the site by taking some partial profits right and um so yeah but weakness is there on Nvidia you know um if you don't even get up 180 and forget the rebound we're just going to continue lower tomorrow right so just yeah so yes we have broken the chart and to the downside things things are in the downward structure all right at least for where what the price session is showing me right now Okie doie well so that's Nvidia uh let's take a look at now AMD and everything is a blood bath now AMD is at $140 in the post Market um it's not surprised we already had a loss of structure on it andb just added a catalyst to the move and 140 is right around here AMD has also lost 20 days moving average so uh we are still technically in the downward structure from there on and right now things just continue lower again um any rebound tomorrow if on AMD comes usually you know sure that's a possibility after a you know postmarket a complete reaction but uh intraday any upside until 145 is not changing any structure that's just going to be a rebound technically until 145 and 1257 cents in the downward structure right now on AMD right so that's that smci so SMC as I talked about in the morning as well this thing finally just just gave up today flushed right Hindenberg report and also on the thing that oh this smci is hilarious guys so they are not filing their same stuff again right uh 10K delay I don't know what you know they I mean you know that's the report that has come out and they're saying oh well we can't file it whatever right oh hind after Hindenberg report right and oh it's messed up smci is messed up guys smci is messed up and it also broke a significant pivot as well today 477 in post Market it's even lower like 413 is it where it's set in the post market like this thing is done like this thing can continue lower and keep flushing there is no upside right now there is no point in buying this falling knife with such a bad news and playing you know when you're on the wrong side of SEC you are done I mean yeah you are done smci is done guys I mean yeah all right so yeah that's smci poor thing arm uh it's also selling of $5 down in the post market so uh it's it's at $120 uh pretty much right over here but uh structure on this we already broke the structure today though and now is we just seeing more downside on this and so yeah right now um no upside uh from where we are it's just a downward structure and if I take it to the hourly interval um you know um yeah it this is now well well we'll have to see if for any consolidation for any upside otherwise no it's still just in the downward structure lower highs lower lows any rebound until any level 123 or so will just be a you know not much more than just a rebound it's just in the downward structure right now yeah and yeah pretty much once we lost this these areas right and I showed you the structure has already broken right on the daily as well yeah so and in the post Market with nvd everything is selling off broadcom post Market quite a deep sell off 151 uh right now on this one right over here this is where the price is and but the structure was already broken guys on my indicator 3 days ago so if you need access to my tools links kind in the description below and um yeah and now we're just continuing lower we lost 20 days moving average as well it's technically in the bearish structure full on and any rebound most likely it's just a short play um we'll see but yes in the downward structure we'll open up at least will we might open up tomorrow lower and um yeah it's just not looking that any momentum or the buying momentum on this would come so uh yeah not looking good yeah selling off you have a loss of a significant level then and a resistance and rejection underneath that and just been selling up all right so that's broadcom let's take a look at Micron and Micron is no surprise let's see in the post Market how low is it though $91 but it's it's no surprise this thing is already broken couple of days ago five days ago pretty much last week it broke guys right over here right so uh this area it broke and $91 is where it is right now right up here so so yeah right now it's still in the downtrend we'll see if any support forms consolidation forms here but I'm not expecting much provided if Envia continues to fall tomorrow all these semiconductors will also continue to fall don't expect much right now um yeah I will be you know buying those you know edfs right in my dividend investing Channel and this is going to be a buying opportunity for me so as I said pointed to you to this junior Trader D investing Channel link to this channel is in the description below and also my tools are in the description below of this video if you're interested all right all right that's it for this video guys and I'll see you in my next video all right take care bye and video is still falling all right bye