Overview: since the very first NVDA update I published on July 23rd, we have not made any change to the long-time idea. On my update of Oct. 1st I had: "since the start of this correction on Nov. 2021, I had this correction as a major wave 4. What are the targets for this wave 4 based on the retracement of wave 3: 116.33 and 82.87." Finally, on Oct 23rd, I published the idea that the bottom is possibly in.
Update: We need a bit of relabeling to the lower timeframe. Looking into the hourly chart, I can see that we are in wave 3 of c of (I) of a of 5. I think we run up to the descending channel trendline and reject for wave (II). I believe wave (II) is going to take a long time to complete, maybe sometime around March 2023.
Update: We need a bit of relabeling to the lower timeframe. Looking into the hourly chart, I can see that we are in wave 3 of c of (I) of a of 5. I think we run up to the descending channel trendline and reject for wave (II). I believe wave (II) is going to take a long time to complete, maybe sometime around March 2023.
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