NVIDIA (NVDA) Chart Analysis
NVIDIA appears to be approaching the completion of the fifth subminuette wave within wave 3 (yellow). This aligns with a smaller impulsive wave structure, signaling a potential short-term peak in this cycle.
Expected Movements:
• Wave 4 Correction: After completing this fifth wave, a corrective wave 4 could emerge, retracing part of the recent bullish move. This correction would likely establish a base for the next rally.
• Grand Supercycle Wave III (Red): Following the wave 4 pullback, NVIDIA may restart a new cyclical 5-wave bull pattern within the grand supercycle wave III. This structure represents long-term bullish potential.
Key Levels to Monitor:
• Support and resistance levels during wave 4.
• The formation of wave 5 for potential continuation or divergence.
NVIDIA appears to be approaching the completion of the fifth subminuette wave within wave 3 (yellow). This aligns with a smaller impulsive wave structure, signaling a potential short-term peak in this cycle.
Expected Movements:
• Wave 4 Correction: After completing this fifth wave, a corrective wave 4 could emerge, retracing part of the recent bullish move. This correction would likely establish a base for the next rally.
• Grand Supercycle Wave III (Red): Following the wave 4 pullback, NVIDIA may restart a new cyclical 5-wave bull pattern within the grand supercycle wave III. This structure represents long-term bullish potential.
Key Levels to Monitor:
• Support and resistance levels during wave 4.
• The formation of wave 5 for potential continuation or divergence.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.