I'm calling the TOP on NVDA.
It has finished a 1/5 wave, and I believe now it's inside an ABC corrective wave. ABC are measured with fibonacci retracements and extentions, but easily there could be a double zigzag that send NVDA even lower.
Bonus: Notice the rising wedge and the falling volume that tells us that the uptrend is now exhausted.
It has finished a 1/5 wave, and I believe now it's inside an ABC corrective wave. ABC are measured with fibonacci retracements and extentions, but easily there could be a double zigzag that send NVDA even lower.
Bonus: Notice the rising wedge and the falling volume that tells us that the uptrend is now exhausted.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.