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yancapital
Nov 16, 2018 1:12 PM

$NVDA Let's Take a look... Ah, target 150 Short

NVIDIA CorporationNASDAQ

Description

Correction consists of three waves A-B-C
Wave A can be either a zigzag (3 sub-waves) or an impulse (5 sub-waves)
The events that occurred yesterday by the believer and today at the over-the-counter session (falling to 166) gave a clear signal that the current wave A is five-wave and the target is 150 (maybe even 145)

Next will be a rapid rebound to 210 (top of the fourth wave)


But do not be fooled at this moment, because after that the time will come to wave C

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Comment

NEXT STEP 140

Trade closed: target reached

Comments
Nick_Chanas
Well done mate. Did you buy the dip targeting 220$ next?
yancapital
@Nick_Chanas, NVDA looks undervalued. We think NVDA a good potential for growth. We will try to define closer targets in the next forecast.
Nick_Chanas
@yancapital, Thanks for your input. Cheers.
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