17 % short term PROFIT is ahead, Be Prepared in advance!

2021년 4월 28일

NVDA trend is clearly up going and currently making its wave 4 of ascending impulse. Up going wave 5 is still ahead. It has probably completed its wave b of 4 after reaction to 0.618 Fibo retracement .One more short leg down to 570 USD ( Wave c of 4 ) is on the way. We have strong support zone at around 570 . In the case of reaction to this zone and starting up going wave from, the target will be at around 670 which makes around 17 % Profit.
Stochastic indicator is making a new bearish reversal and I guess it will be in oversold zone when price hits the support zone (Possible buy zone).
Watch for a triggering signal around 570.

Enjoy your trading !

2021년 4월 29일

노트

Now, we have new bearish reversal after a very short term bullish reversal in stochastic indicator. This usually corresponds to wave B and happens in the midway of the indicator's traveling path down to oversold zone.

2021년 5월 4일

노트

So far everything follows the prediction.Watch 570 USD carefully

2021년 5월 4일

노트

If 570 support can not protect the price next important support will be 551-555

2021년 5월 11일

노트

The price just hit next mentioned support zone, Lets follow the reaction and see if trend is going o reverse here.

2021년 5월 11일

노트

Be aware that the whole drop from 648.57 to 550 may be just one A and the previous abc wave counting for correction of wave 4 may need updates.
If and only if you know Multi Unit Trade strategy and are able to consider alternative scenarios you can go long, otherwise I recommend you to simply skip this trade.
If open stick to your stop loss which is 550.
This is my last update on this idea. if needed I will publish another separate idea for NVDA.
Good luck everyone.

2021년 5월 12일

노트

Check the Update for NVDA: