The Long Investor
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$NVDA
🕑 Added 2025-04-03 15:01:29 +0000 UTCI think it is clear that the dominant count right now is the corrective wave happening for the Mega Caps and the US market.
$NVDA is approaching the $100 level now and the impulse wave would be under pressure and invalidated under $93
$AMZN, $GOOG and $NVDA will be my prime targets to accumulate when they have completed their ABC correction in this case.
I will be watching for a retest of the 50 WMA from below as a potential Wave B bounce here next but $NVDA's Wave B is not looking as clear as $AMZN and $GOOG right now, so it is unlikely that I will be playing the Wave B bounce.
Comments
Rich Morris
I dont think anyone is asking for someone to tell them what to do. It's more of a philosophical question. Be patient or roll the dice?
Brian
Cap can’t tell you what to do in that regard. It’s really up to you
Ronnie
I have the same question. Should we DCA or sell and wait 30 days
Johnnyboy
Is there a level where you cut your losses in anticipation of it going another 30-40% lower and then buying back in?
