Another Earnings Report by NVIDIA and another minor sell off in the after hours. At this point in time the market has long fully adapted and constantly expects NVDA to do just that: Over deliver on every single promise made.
So far Huang has not let us down, but this really is a dangerous place to operate from.
Primary Scenario
Currently, we see NVDA in the final upward stage of a larger bullish cycle and are preparing for further gains into our red Target Zone ($227.38–$260.60). The cycle top is expected to form within this range.
Long-Term Outlook
The daily chart shows that, following the regular completion of the upward cycle, we primarily anticipate a significant sell-off phase, which should subside near—but still above—support at $86.
So far Huang has not let us down, but this really is a dangerous place to operate from.
Primary Scenario
Currently, we see NVDA in the final upward stage of a larger bullish cycle and are preparing for further gains into our red Target Zone ($227.38–$260.60). The cycle top is expected to form within this range.
Long-Term Outlook
The daily chart shows that, following the regular completion of the upward cycle, we primarily anticipate a significant sell-off phase, which should subside near—but still above—support at $86.
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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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
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.