SOLID ECN LLC
Solid ECN Representative
- Messages
- 516
Nvidia - The price is in correction; the probability of growth is maintained.
On the daily chart, the downward correction of the higher level continues as wave (B), within which wave C of (B) is being formed. At the moment, the third wave of the lower level iii of C has already been built, and there is also a local correction as the fourth wave iv of C, in which wave (c) of iv began to develop.
If the assumption is correct, the price will rise to the levels of 207.45–222.45. The level of 141.81 is critical and stop-loss for this scenario.
On the daily chart, the downward correction of the higher level continues as wave (B), within which wave C of (B) is being formed. At the moment, the third wave of the lower level iii of C has already been built, and there is also a local correction as the fourth wave iv of C, in which wave (c) of iv began to develop.
If the assumption is correct, the price will rise to the levels of 207.45–222.45. The level of 141.81 is critical and stop-loss for this scenario.