This is a top/short region target on NVDA. This chart is based on the pattern, fib channels, an estimated retracement grid, and time cycles.
This version 1 chart is if NVDA's earnings come in bad and cause the stock to dump sooner rather than later. The top end price would likely be between 320-326, and from there into approximately august it's possible to come all the way down to about $225.
Version two will be in another post, which uses similar measurement metrics but assumes earnings are passable.
This version 1 chart is if NVDA's earnings come in bad and cause the stock to dump sooner rather than later. The top end price would likely be between 320-326, and from there into approximately august it's possible to come all the way down to about $225.
Version two will be in another post, which uses similar measurement metrics but assumes earnings are passable.