While the main scenario for this stock implies a further advancement in price considering the importance of its product(s) in AI development and deployment, this project attempts to anticipate or "catch", a significant reversal signal, preferably with a candlestick shadow at one of the shapes (similar to the examples highlighted in past price action). 2 other relevant occurrences might pop somewhere else in the snapshot, without shadows, but with other candlestick patterns.
A reversal of a wave (:no matter how big or small), provides a strategic entry relative to the context of the market or the context of future potential scenarios, having a tight exit strategy (above the high or in this case below the low of the signal candle), while being open to higher rewards relative to risk.
This Simulation of potential future scenarios, resulting in a hybrid design that takes into account at least 10 such main scenarios, has been carefully selected, processed, and applied, with alien nen technology and mechanisms, brought to you from the depths of a Black Hole, where time and space collapse into a wonder of oneness and transcendence, called Singularity.
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The price fell after breaking the main orange double curve. For the main initial idea scenario, waiting for a long entry signal, the marked green zone at the blue curves might be of interest to analyze the price action and detect a potential inflection and reversal point.
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An interesting candlestick right below the green curve, but the market still looks bullish on all fronts, despite some bearish signs across the board. Nasdaq had an interesting daily candle too, but I still wouldn't go against Nancy Pelosy (call options worth 1million) on this one yet. Long NVIDIA is probably the sharp bet for 2024.
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I extended the blue curve into the sky and it seems the price will bounce from it because of the reported earnings and revenue... nice coincidence...
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Looking forward to see if there will be a correction towards 750 after getting on the other side of the blue curve, although I am still a little bullish biased on the longer term...
please stop confusing everybody with your charts. Your lines are every which way and do not make sense...you are like an art major trying to draw prediction lines.
nen
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@TomDen1 was not supposed to be confusing. Long bias. was hoping for a retracement and a bounce from one of the curves. I mentioned the zone of the long entry but unfortunately it never got to touch the curves. Still, the price jumped after my comment. Nothing confusing, I just needed a bakcground of math functions to deliver the message, otherwise the one follower that bought Nvidia might have missed the opportunity... :) Some followers know me from the beginnings of the nen project. they know how to look at my projects and also read between the lines. No hedge fund is going to give you free entry signals and I am definitely no hedge fund. I just hope NVDIA doesn drop like a dead bird after it crosses by blue curve. My curves are infamous for magic tricks on the markets privately and publicly. Could be just randomness though. Would I tell you the truth if it wasn't and it was precision versus accuracy?
nen
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@nen legend has it that 3 of the followers actually use custom AI to interpret the nen projects. Could be just a lie...