While the main scenario for this stock implies a further advancement in price considering the importance of its product(s) in AI development and deployment, this project attempts to anticipate or "catch", a significant reversal signal, preferably with a candlestick shadow at one of the shapes (similar to the examples highlighted in past price action). 2 other relevant occurrences might pop somewhere else in the snapshot, without shadows, but with other candlestick patterns.
A reversal of a wave (:no matter how big or small), provides a strategic entry relative to the context of the market or the context of future potential scenarios, having a tight exit strategy (above the high or in this case below the low of the signal candle), while being open to higher rewards relative to risk.
This Simulation of potential future scenarios, resulting in a hybrid design that takes into account at least 10 such main scenarios, has been carefully selected, processed, and applied, with alien nen technology and mechanisms, brought to you from the depths of a Black Hole, where time and space collapse into a wonder of oneness and transcendence, called Singularity.
A reversal of a wave (:no matter how big or small), provides a strategic entry relative to the context of the market or the context of future potential scenarios, having a tight exit strategy (above the high or in this case below the low of the signal candle), while being open to higher rewards relative to risk.
This Simulation of potential future scenarios, resulting in a hybrid design that takes into account at least 10 such main scenarios, has been carefully selected, processed, and applied, with alien nen technology and mechanisms, brought to you from the depths of a Black Hole, where time and space collapse into a wonder of oneness and transcendence, called Singularity.
Comment:
The price fell after breaking the main orange double curve. For the main initial idea scenario, waiting for a long entry signal, the marked green zone at the blue curves might be of interest to analyze the price action and detect a potential inflection and reversal point.
Comment:
An interesting candlestick right below the green curve, but the market still looks bullish on all fronts, despite some bearish signs across the board. Nasdaq had an interesting daily candle too, but I still wouldn't go against Nancy Pelosy (call options worth 1million) on this one yet. Long NVIDIA is probably the sharp bet for 2024.
Comment:
I extended the blue curve into the sky and it seems the price will bounce from it because of the reported earnings and revenue... nice coincidence...
Comment:
Looking forward to see if there will be a correction towards 750 after getting on the other side of the blue curve, although I am still a little bullish biased on the longer term...