NVDA ... Longer term LOG chart
This is in a topping area of a "B" wave. I expect a decline to the lower black channel as illustrated on the chart...
Price is currently in-between fibs .5 & .62. Could get a little tricky. A trendline break approach would be prudent IMO. See chart below...
This is in a topping area of a "B" wave. I expect a decline to the lower black channel as illustrated on the chart...
Price is currently in-between fibs .5 & .62. Could get a little tricky. A trendline break approach would be prudent IMO. See chart below...
Komentarz:
Be prepared for something like this to occur
Komentarz:
Update...spike to the top Notice fib level
Komentarz:
We're at the anticipated area.... May want to get a trendline in place.
Komentarz:
I think that should do it...
Komentarz:
It appears this could be resolved ending in a diagonal... Still looking for confirmation on the weekly. .786 fib at 296.50.
Komentarz:
Taking shape.... Area of interest $295..ish
Komentarz:
The dreaded head and shoulders.... Looks like a top. If it breaks the channel that will be further confirmation.
Komentarz:
Continue to be an observer... Looking for sell set-up at Fib cluster below