TECH Buy 14.09.2021 07:48
Nvidia Corp.: wave analysis
The price is in a correction and may grow.
On the 30-minutes chart, the first upward wave of the higher level 1 develops, within which the wave iii of 1 formed. Now, a local correction is developing as the fourth wave iv of 1, within which the wave (c) of iv is forming. If the assumption is correct, after the end of the correction, the price will grow to the levels of 248.50–260.00. In this scenario, critical stop loss level is 203.72.