NVIDIAShort
NVDA - NVIDIA short time
The chart possibly ended its 5 wave rally and now it's going into a corrective wave. We should take maximum profit from it.
To make the trade more secure, we need to divide it into at least 3 entries. 1st entry to close at first target. Second entry to go at the end of the blue arrow that indicates the end of (C) wave. The 3rd entry will be held until the chart reach the wave IV of a smaller degree, although as a second wave the price has the potential to fall even by 61.8%. This is the case where we need to wait for a part of correction to form, or to make fundamental analysis
Write down in the comments your opinion about the stock decline
To make the trade more secure, we need to divide it into at least 3 entries. 1st entry to close at first target. Second entry to go at the end of the blue arrow that indicates the end of (C) wave. The 3rd entry will be held until the chart reach the wave IV of a smaller degree, although as a second wave the price has the potential to fall even by 61.8%. This is the case where we need to wait for a part of correction to form, or to make fundamental analysis
Write down in the comments your opinion about the stock decline
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