SamSuka
The Long Investor
The Long Investor

patreon


$NVDA

I think it is clear that the dominant count right now is the corrective wave happening for the Mega Caps and the US market.

$NVDA is approaching the $100 level now and the impulse wave would be under pressure and invalidated under $93

$AMZN, $GOOG and $NVDA will be my prime targets to accumulate when they have completed their ABC correction in this case.

I will be watching for a retest of the 50 WMA from below as a potential Wave B bounce here next but $NVDA's Wave B is not looking as clear as $AMZN and $GOOG right now, so it is unlikely that I will be playing the Wave B bounce.

$NVDA

Comments

I dont think anyone is asking for someone to tell them what to do. It's more of a philosophical question. Be patient or roll the dice?

Rich Morris

Cap can’t tell you what to do in that regard. It’s really up to you

Brian

I have the same question. Should we DCA or sell and wait 30 days

Ronnie

Is there a level where you cut your losses in anticipation of it going another 30-40% lower and then buying back in?

Johnnyboy


More Creators