TECH Buy 26.03.2024 08:28
Nvidia Corp.: wave analysis
Growth is possible.
On the daily chart, a downward correction ended as the second wave of the higher level (2), and the upward third wave (3) develops. Now, the third wave of the lower level 3 of (3) is forming, within which the wave iii of 3 is developing. If the assumption is correct, the asset will grow to the area of 1100.00–1200.00. In this scenario, critical stop loss level is 845.66.
Indicators
Overall recommendation Buy
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Buy