$NVIDIA(NVDA.US)
Latest price chart technicals
The recent price action has me pivoting to a less bullish stance in favour of a more cautious one.
I am seeing two possible counts. The previous count I presented is still viable but probability has shifted towards the next rally being a B wave instead of a fifth wave.
The wave off what I believe to be a bottom coming into today’s data is important. We are trending hard down into a Gann time factor which has a 75% chance of a reversal.
All waves are complete with a diagonal C seen on many charts. Price action strong 5 waves up favours a fifth wave. A weak back and forth price action into year end favours a B.
Disclaimer: NOT financial advice. Kindly do own due diligence.
@Longbridge Singapore @Bridge Buzz SG
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