I'm not presently invested in nvidia, but present this as possible deep value entries.
Looking at elliot wave and fib levels, I would expect to see a 3-3-5 correction with a double top and bottom at either .618 $72 or .786 at $44.
After a bottom is found then expect a short accumulation period of 3 higher highs then a mark up in price.
I usually always leave out time a bias, but in this case with the upcoming fomc meeting in September, I could see this correction happening and finishing fast.
Obviously, if these deep value targets are met, I will realign my portfolio to heavy in nvidia.
Looking at elliot wave and fib levels, I would expect to see a 3-3-5 correction with a double top and bottom at either .618 $72 or .786 at $44.
After a bottom is found then expect a short accumulation period of 3 higher highs then a mark up in price.
I usually always leave out time a bias, but in this case with the upcoming fomc meeting in September, I could see this correction happening and finishing fast.
Obviously, if these deep value targets are met, I will realign my portfolio to heavy in nvidia.
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Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.