NVIDIAShort
NVDA - Possible bearish sentiment for the next 18-24 months
Looking at NVDA since their IPO, there's increasing confidence that NVDA has put in a top and is in a bearish trend for the next 1-2 years. I'm currently looking at December 2023 for NVDA to find a bottom around $100.
That may sound crazy, but you can see the counts I have outlined in the chart. The 23.6% extension is sitting right in that zone for a wave 4.
Now, after that, my upside is showing around $1250 - Great upside opporutnity if you are willing to be patient to get in and even more patient to sit in the trade for a few years.
That may sound crazy, but you can see the counts I have outlined in the chart. The 23.6% extension is sitting right in that zone for a wave 4.
Now, after that, my upside is showing around $1250 - Great upside opporutnity if you are willing to be patient to get in and even more patient to sit in the trade for a few years.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
CE - BitDoctor
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Access our private indicators and join our Premium Room: bitdoctor.org
Beware of scams - I'll never DM you asking for funds.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.