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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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.