Nvidia recently showed a clear move to the upside, leading us to view the previous correction as complete and to prepare for further gains in the near term. Currently, we see NVDA in the final upward stage of a broader bullish cycle and are looking for further gains into our red Target Zone ($227.38–$260.60). The cycle top is expected to form within this range. In our alternative scenario, NVDA may have already completed the upward cycle with the peak at $212.16. If so, the stock would now be in a broader correction and could next fall below support at $145.50 (probability: 33%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.