Overview: in the update of previous weekend, I had NVDA in wave (IV) of a. I had one zigzag completed and expected a second zigzag to form before continuing higher for wave (V).
Update: NVDA did not form the second zigzag as we expected, which is totally fine as a correction can be anything between 1 to 3 zigzags. Now, I see NVDA close to the completion of wave a of (V) (maybe its already complete, but I don't favor that based on the structure).
What follows is wave b of (V) and I have its bottom as a 40D trough happening on 28th of August. Then, the final push higher comes to complete wave (V) of a.
Update: NVDA did not form the second zigzag as we expected, which is totally fine as a correction can be anything between 1 to 3 zigzags. Now, I see NVDA close to the completion of wave a of (V) (maybe its already complete, but I don't favor that based on the structure).
What follows is wave b of (V) and I have its bottom as a 40D trough happening on 28th of August. Then, the final push higher comes to complete wave (V) of a.
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Penerbitan berkaitan
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.