SamSuka
The Long Investor
The Long Investor

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$NVDA

The market is bouncing after Trumps U turn comments last night.

A drastic change in approach.....opinions aside, it was needed.

The devil will be in the detail now and I suspect the h20 chips may still be banned from China too, unless this is brought into the deal that needs to happen now.

So in spite of this, the chart does not change.

We still expect at least a bounce for Wave B back up to the 50 WMA at $123 now, which is also at the yellow resistance line and in between the 0.5 Fin and 0.618 Fib range at $119 -$127

If a deal is not made and trump flip flops again, then Wave C must be expected, this road is still long.

$NVDA

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