$NVDA
Added 2025-04-09 18:26:17 +0000 UTCWhat a response.
No changes to the chart here and we can see that price has already bounced up to the 0.38 Fib level already at $111.
A Wave B bounce has 3 waves in it, assuming this is now the first wave, then we still have two more to go and it would be extremely uncommon to be completed over a few sessions too
The 50 WMA aligning with the wedge yellow resistance/support line in between the 0.5 - 0.618 Fib range is still the Wave B target, so we will be watching this closely.
I am not chasing this here, I already hold a position, a higher low pull back for the second wave may be attractive but now sooner than that.
Very happy with our count on this.
Comments
When does a potential Wave B turn into Wave 1 bullish impulse?
Navid Choudhury
2025-04-10 03:30:11 +0000 UTCIf the contrarian view is in play then we need NVDIA to front run the market. So if one is hoping for. Melt up to wave 5 on the SPY then we donโt want NVDIA to reject at this B. Correct?
Brian
2025-04-10 02:55:11 +0000 UTCHi Cap, quick question on timing that makes everything very complex. How is the usual timing for a B wave once the A wave took only 6 weeks?
El Buscador De chollos
2025-04-09 18:38:19 +0000 UTC
