kostas120
Long

NVDA Ready for next leg up

NASDAQ:NVDA   NVIDIA CORP
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My EW count; if it is valid we could see a nice move up.
Quarter after quarter NVDA is pushing higher and higher as it is beating analysts by a large degree.
Potential from AI, Crypto, Autonomous Driving and Gaming is huge.
I expect this trend to continue; seems like a no brainer long term holding.
  • NASDAQ:NVDA If you want to trade this one, put a tight stop loss due increased market vol atm.
    I will enter the trade after breaking up the 0.5 Fib level to ride the 3rd wave.

    Buy at 232-35, SL 223
    TP1 276 or 293 if 3rd wave extends further up
    TP2 315
Comment: Trade active at 227, the fundamentals are so good so i have decided to enter earlier.
Comment: Moving up nicely so far according to plan
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