SamSuka
The Long Investor
The Long Investor

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$NVDA - RC -

No changes here either since the last time I uploaded this, it has been consolidating sideways under the 4.618 Fib since May.

A pull back to the 200 Day MA at around $400 is not ruled out yet, neither is the gap fill to $300 either.

But overall, the impulse wave remains firmly in control and I see this moving higher over the next year.

$NVDA - RC -

Comments

It is seen in Wave 2 and Wave 4, typically in Wave 4's....so this consolidation could be Subwave 4 of Wave 3.

Gareth Neary

Just to learn more — this sideways consolidation is covered my EW theory? In what sense if yes?

makis


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