loader image

Is NVDA About to Wipe Out the Whole Market?

by | Nov 27, 2024

LIVE AT 2:30 PM ET: MY NO. 1 TRADE TO ENTER BEFORE TODAY’S MARKET CLOSE!

Today’s video dives into a heavyweight stock that’s had everyone talking this year: Nvidia (NVDA). 

With its massive influence on semiconductors, tech and the Nasdaq, its recent price action — down over 10% the past week — might just hold the keys to the broader market’s next move.

So is NVDA about to take the whole market down with it? 

Here’s the scenario…

NVDA’s chart has been a battleground for buyers and sellers. Recent post-earnings chop has trapped longs, and led to a breakdown in critical levels like $140, sparking stop-loss triggers and increased volume. 

If support at $128–$132 fails, we could see a flush to the $120 range or lower. And if semiconductors (SMH) start breaking down further, the Nasdaq might follow — dragging the entire market with it.

Let’s break it down:

🟢 Key Levels: Watching $128–$132 for potential H-pattern rejection and further breakdown.


📉 Volume Trends: Stop-loss triggers escalating volume below support.


💻 Semis on Edge: SMH nearing critical support — what’s next?


📊 Market Impact: NVIDIA’s weight in the Nasdaq could ripple across the entire market.

Let me know—are you holding or trading this action?

No order flow today. However… if you want to see my No. 1 trade to enter BEFORE the close today… join me at 2:30 p.m. ET SHARP!

The team at Lance Ippolito Trading

Lance doesn’t want the CCP spying on him, so you’ll never find him on TikTok. Same goes for other social media sites, which are filled with impersonators, scammers and crypto bros. 

You can only find him on his personal YouTube Channel — smash that Subscribe button! https://www.youtube.com/@LanceIppolito 

And in his private Telegram channel: https://t.me/+-gVwEIwGJhplMTgx 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. $300K+ Shadow Sweep Order on Overlooked Stock

This one stock that I believe hardly anyone is looking at… 

Just had a $300,000+ in Shadow Sweep hit it.

Which means this stock just moved from some random ticker in the market… 

To what could potentially become a high-conviction trade setup for us. 

I know this week is supposed to be “boring,” where every trader sits on the sidelines in anticipation of Thanksgiving… 

But not me 😀

In fact, at 2:30 p.m. ET, I’m hosting a FREE class where I’ll expose the details of this stock… 

How I spotted the MASSIVE Shadow Sweep order on it… 

And I’m giving folks a chance to hop on what could be my best Thanksgiving trade in history! 

Join the Pre-Thanksgiving Party Here!

WRITTEN BY<br>Lance Ippolito

WRITTEN BY
Lance Ippolito

What to read next

Have any questions? Contact Our Customer Service Team

Share via
Copy link