adezeno

NVIDIA perfect setup

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NASDAQ:NVDA   NVIDIA
the story started with a very wide-inversed H&S, well in Elliott wave this pattern indicated a turning point for an impulsive 12345 or ABC corrective wave

judging from the price move in 2023, it seems to me NVDA falls into the impulsive wave category. yesterday we had a nice BO from the megaphone structure.

while the immediate target is around $266. but I want to point out that a pullback will happen soon. a pullback for wave 4. i will be caution here.

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