Solid News

Nvidia Corp., Elliot Wave Analysis

12/6/2022 10:27 AM

Growth is possible.

On the daily chart, a downward correction of the higher level ended as the wave (B), within which the wave C of (B) formed, and the upward wave (C) develops. Now, the first entry wave of the lower level i of 1 of (C) is forming, within which a local correction has ended as the wave (ii) of i, and the wave (iii) of i is developing. If the assumption is correct, the asset will grow to the area of 210.00–240.00. In this scenario, critical stop loss level is 150.60.

Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023