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NVDA PUMP NEXT WEEK
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NVDA's Final 5th Wave Rally: A Short-Term Opportunity
I believe NVIDIA (NVDA) is setting up for its final 5th wave rally in the current Elliott Wave sequence. The corrective structure leading into this rally appears to have completed a WXY pattern, where the W wave took the form of a Zigzag, the X wave also formed a Zigzag, and the Y wave was a Double Zigzag. The correction ended on Tuesday, precisely at the 0.382 retracement level—a typical target for a 4th wave correction.
This technical setup suggests that the 5th wave is now underway. Based on this analysis, I project that NVDA could reach $150 or higher by this upcoming Friday, 12/27. For traders looking for high-risk, high-reward opportunities, the 145 strike call options expiring on 12/27 may offer substantial upside, potentially yielding 2,000% or more if the stock moves as anticipated.
As a trader specializing in risky, out-of-the-money options, I believe the probability of success for this trade is above 50%. However, this is NOT FINANCIAL ADVICE, and this setup involves significant risk. Make sure to assess whether this trade fits within your risk tolerance and trading strategy before acting.
I believe NVIDIA (NVDA) is setting up for its final 5th wave rally in the current Elliott Wave sequence. The corrective structure leading into this rally appears to have completed a WXY pattern, where the W wave took the form of a Zigzag, the X wave also formed a Zigzag, and the Y wave was a Double Zigzag. The correction ended on Tuesday, precisely at the 0.382 retracement level—a typical target for a 4th wave correction.
This technical setup suggests that the 5th wave is now underway. Based on this analysis, I project that NVDA could reach $150 or higher by this upcoming Friday, 12/27. For traders looking for high-risk, high-reward opportunities, the 145 strike call options expiring on 12/27 may offer substantial upside, potentially yielding 2,000% or more if the stock moves as anticipated.
As a trader specializing in risky, out-of-the-money options, I believe the probability of success for this trade is above 50%. However, this is NOT FINANCIAL ADVICE, and this setup involves significant risk. Make sure to assess whether this trade fits within your risk tolerance and trading strategy before acting.
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