NVDA heads up at $183.72: Golden Genesis fib to mark a TOP?

30 Jul

Chips have been flying high since the April lows.
NVDA has just hit a Golden Genesis fib at $183.72
This is a "very high gravity" fib so expect a reaction.

It is PROBABLE that we "orbit" this fib a few times.
It is POSSIBLE that we reject to form a major top.
It is PLAUSIBLE that we Break-n -Retest to continue.\

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See "Related Publications" for previous EXACT plots ------>>>>>>>>
Such as this post at the last Golden Genesis:

Hit the BOOST and FOLLOW for more such PRECISE and TIMELY charts

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1 Ogo

Dagangan aktif

PLUNK! Major dip under way (yellow shaded area is from posting time)

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Closer look with notes:
Opened shorts at the Golden Genesis fib.
Closed 50% at TP 1 for about 3% gains.
Waiting for TP 2 at $168 for about 9% gains.

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Let's see if the dip continues.
SL at BE on shorts for now.

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7 Ogo

Dagangan ditutup: sasaran tercapai

PING from "give me a ping Vasilly, One Ping Only" And my rule on Pings
"Not every Ping starts a Reversal,
but Most reversals Start with a Ping"

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Zoom in (m1)
WOW, thus our faith in the Golden Ratio.
Even though we have never been here before,
the Golden Fib WARNED us to watch out HERE.

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We made some money shorting, but more importantly:
We added tremendous faith in our religion of the Golden Ratio.

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