$NVDA ~ An Elliott Wave Breakdown.

Earlier in the main wave, our Wave 2(Black) was a Zigzag hence a Flat was expected for Wave 4(Black). Wave B(Blue) closed beyond Wave 3(Black) and our Wave 4 made a 5 wave move(Shown in Red) that retested at the 261.8% Fib. level. With Wave C(Blue) complete, it was coined Wave 4(Black). Wave 5(Black) was launched and has a 5 wave move shown in Green. With a Zigzag for Wave 2(Green), a Flat should be expected for Wave 4(Green). Wave 3(Green) has 5 waves with a triangle for Wave 4(Blue). A confirmation at its current location(423.6% Fib. level) would mean that Wave 3(Green) is complete and a Wave A(Black) of the previously mentioned Flat should be anticipated. Please check my detailed breakdown

for a broader perspective into the same.

NB: The placement of Wave A(Black) of the Flat mentioned above is purely for demonstrative purposes.