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Nvidia Corp., Elliot Wave Analysis
9/13/2022 11:39 AMA fall is possible.
On the daily chart, a downward correction of the higher level develops as the wave (B), within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has formed, a local correction has ended as the fourth wave iv of C, and the fifth wave v of C is developing. If the assumption is correct, the price of the asset will fall to the area of 100.00–50.00. In this scenario, critical stop loss level is 179.78.
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