NVDA: Correction Incoming
Wave count is over. Extended 5th = 1.618x Waves 1-3. Nvidia has been bouncing in the $265 range for quite some time and cannot break above. We have multiple indicator divergences.16% - 30% downside from last close. Short this down to $170 - $210 then enter long.
Good Luck
Good Luck
Note
Tesla Ai Chip announced. TSLA drops NVDA chips. "World's most advanced computer for autonomous driving" - Elon Musk
Trade closed: target reached
Note
:) +30% gain on this shortTrade active
Wave C Short. Here are your targetss3.amazonaws.com/tradingview/snapshots/7/7cCUqA3l.png
Trade closed: target reached
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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.