Nvidia has moved higher outside of the standard retracements expected.
Due to the overlap we could be either dealing with a double zig zag for minor B which is common, or this is a series of nested 1-2's in the purple count. If this develops into the purple count, this will sub-divide towards the $1,100 region. As of this morning I am expecting in the minimum a micro iv and v to complete Minor B.
That also puts price in a position to potentially challenge the previous ATH and remain a corrective retrace...that will result in price revisiting the $760 area minimum in a flat for an extended ALT wave 4 in purple.
Best to all,
Chris
Due to the overlap we could be either dealing with a double zig zag for minor B which is common, or this is a series of nested 1-2's in the purple count. If this develops into the purple count, this will sub-divide towards the $1,100 region. As of this morning I am expecting in the minimum a micro iv and v to complete Minor B.
That also puts price in a position to potentially challenge the previous ATH and remain a corrective retrace...that will result in price revisiting the $760 area minimum in a flat for an extended ALT wave 4 in purple.
Best to all,
Chris
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.