Stoic-Trader

NVDA - Expecting the pullback to continue

Short
NASDAQ:NVDA   NVIDIA
After a very long run to the upside, NVDA seems to be out of gas, at least in the short term.

In my primary count, we have reached a long term wave 5 (black), which could lead us to a long correction cycle.

Nevertheless it´s still to early to tell, and I like to work with what´s in our hands right now: a falling wedge, which I believe could take us to the first level of support (and a gap) at $231, which is also 50% pullback from the 2021 impulse.

📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)

linktr.ee/stoic.trader
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.