$NVDA peaked with $588 where it was done with Elliot impulse waves 1-5. Now, it's in correction Wave A to the downside.
In Wave A, total 5 waves will be there and today done with Wave 1 from $588 to $469. Now, it'll resume Wave 2 to $578.
And in case market goes red on next week due to bad news then cannot rule out that Wave 1 can extend to $460-$400.
Good luck.
In Wave A, total 5 waves will be there and today done with Wave 1 from $588 to $469. Now, it'll resume Wave 2 to $578.
And in case market goes red on next week due to bad news then cannot rule out that Wave 1 can extend to $460-$400.
Good luck.
Trade closed manually:
I don't see the upward momentum yet. So, I'm closing this idea & will publish new idea.
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