The price of the asset is in a correction and may grow.

On the daily chart, a downward correction as the second wave of the higher level (2) and the upward third wave (3) develops. Now, the third wave of the lower level 3 of (3) forms, within which the wave iii of 3 has ended, and a local correction is ending as the wave iv of 3. If the assumption is correct, the asset will grow within the wave v of 3 to the area of 1100.00–1200.00. In this scenario, critical stop loss level is 708.43.

Shares of Nvidia Corp., an American giant in the field of videographic processor development, are adjusting at 846.00.