$NVDA: Wave 2 correction in place

NVDA: I'm long term bullish on NVDA. I count the current weakness as a Wave 2 correction. Wave 2 can correct deeply. Presently, it has not corrected 38.2% yet.

I have a long term NVDA position that accounts for 2.7% of my portfolio. If it drops to 38.2% retracement area, I'll add. If not, I'm happy with holding my current position.

Currently, I'm 8% in cash.