Looking at NVDA since their IPO, there's increasing confidence that NVDA has put in a top and is in a bearish trend for the next 1-2 years. I'm currently looking at December 2023 for NVDA to find a bottom around $100.
That may sound crazy, but you can see the counts I have outlined in the chart. The 23.6% extension is sitting right in that zone for a wave 4.
Now, after that, my upside is showing around $1250 - Great upside opporutnity if you are willing to be patient to get in and even more patient to sit in the trade for a few years.
That may sound crazy, but you can see the counts I have outlined in the chart. The 23.6% extension is sitting right in that zone for a wave 4.
Now, after that, my upside is showing around $1250 - Great upside opporutnity if you are willing to be patient to get in and even more patient to sit in the trade for a few years.
