The selloff in NVIDIA caught many traders off guard - us too :( Today, there are clear signs of a recovery. Are we heading towards $1000 now, or not? We believe that the current countertrend movement is an inducement, and the market will make new lows again, closing the gap around $725. From there, we can venture into a long position up to $990. Due to the high volatility and the dimmed market sentiment, we advise against hasty entries.