The Long Investor
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$NVDA
🕑 Added 2025-05-14 11:06:13 +0000 UTCPrice action is now above the 0.618 Fib, the 50 WMA and the ascending triangle bottom line at $129.
Clean break above this strong confluence level too but no retest of this breakout level just yet and it may take another week for the retest to happen which will lead this into their earnings date.
As we know, Wave B can run as high as its previous ATH so we are still holding our position, we should be all green on our position too at this point if you followed my Buy Alerts into $NVDA.
So I will continue to hold until there is a rejection and in the meantime I will let this run.
A break above the previous ATH level and the green line at $174 has not changed.
Comments
SSP2
NVDA is always my favourite chart update - carries so much weight to the wider market sentiment
Gareth Neary
Nope, 0.618 Fib.....it's not a Wave 3 target
Shayanak Kundu
Cap the $174 is 1.618, not 0.618, correct?
