Overview: let's review the previous update:
Update: NVDA continued lower in wave w of (II) as we expected, but to a higher extent than we expected, no problem! I see a pullback as wave x of (II) coming next, which provides a good opportunity to short NVDA.
- We finally broke the ascending trendline on the hourly chart.
- So far, we have ALMOST completed an abc structure, possibly wave w of (II), what follows is a wave x to the upside which provides a good spot to short NVDA .
Update: NVDA continued lower in wave w of (II) as we expected, but to a higher extent than we expected, no problem! I see a pullback as wave x of (II) coming next, which provides a good opportunity to short NVDA.
