bamdadsalarieh

NVDA Weekly Harmonic Elliott Wave Analysis

NASDAQ:NVDA   NVIDIA
Overview: in the update of previous weekend, I had NVDA in wave (IV) of a. I had one zigzag completed and expected a second zigzag to form before continuing higher for wave (V).

Update: NVDA did not form the second zigzag as we expected, which is totally fine as a correction can be anything between 1 to 3 zigzags. Now, I see NVDA close to the completion of wave a of (V) (maybe its already complete, but I don't favor that based on the structure).
What follows is wave b of (V) and I have its bottom as a 40D trough happening on 28th of August. Then, the final push higher comes to complete wave (V) of a.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.