Overview: let's review the previous update:
Update: NVDA followed the proposed channel perfectly. Now, I see that we are near the completion of wave a consisted of 5 waves. The pullback that follows (wave b), is going to test the green descending channel. Note that I have not yet provided the future labels on the daily chart. This abc structure that is going to test the descending channel on the daily chart is either an x wave (bottom is not in) or wave 1 (bottom is in). The pullback that follows will determine that.
- I believe NVDA has bottomed based on the structure.
- If we breakout through the green descending channel, it is a decent confirmation for this idea.
Update: NVDA followed the proposed channel perfectly. Now, I see that we are near the completion of wave a consisted of 5 waves. The pullback that follows (wave b), is going to test the green descending channel. Note that I have not yet provided the future labels on the daily chart. This abc structure that is going to test the descending channel on the daily chart is either an x wave (bottom is not in) or wave 1 (bottom is in). The pullback that follows will determine that.
관련 발행물
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.