TECH Buy 17.12.2024 08:28
Nvidia Corp.: wave analysis
Growth is possible.
On the daily chart, the third wave of the higher level (3) develops, within which the fifth wave of the lower level 5 of (3) forms. Now, the wave iii of 5 has formed, and a correction is ending as the wave iv of 5. If the assumption is correct, the asset will grow within the wave v of 5 to the area of 151.00–170.00. In this scenario, critical stop loss level is 115.00.
Indicators
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Buy