The price is in a correction, a fall is possible.

On the daily chart, the third wave of the highest level (3) and the fifth wave of the lowest level 5 of (3) ended, and a downward correction develops as the fourth wave (4). Now, the wave А of (4) has formed, and a local correction is developing as the wave B of (4). If the assumption is correct, the price of the asset will fall to the area of 82.50–65.80. In this scenario, the critical stop loss level is 127.00.

Shares of Nvidia Corp., an American giant in the field of video graphics processor development, are trading at 110.00.