Remember this for NVDA elovemer It just shows how strong these natural targets are that we could eyeball the price action back in Oct.
.... ok i take back.... taking it all back.... .... 3 is done..... now for 4 up .... by the way.... my numbers are not Elliott wave counting..... ..... i am just saying 3rd wave down on daily since the last high..... .... possible waves 4 and last wave 5 down..... just a possibility
Status. Hold long "Short position", long "Long position" and short "Long position". Strategy. Find a good exit point for long "Short position". Note. Short term position reversed at 100, 10, 20 points down move, near measured move and Monday lower when there was a higher high.
Short term position reversed at "W" pattern failure. Prepare to reverse short term position again if there is a higher high. If there is a lower low close long "Long position".
Position reversed at "W" pattern confirmation. Set target at measured move. Set stop at the last low.