NVIDIA

NVDA Weekly Update

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Overview: in the update of previous weekend, my expectation was that NVDA was close to the completion of wave a of (III), followed by wave b of (III) to test the high of wave (I).

Update: NVDA followed the proposed path precisely. What I see at the moment is that wave b is developing as a double zigzag (or it might turn into a single zigzag depending on how strong the general market will be) and wave a of W of b is very close to its completion, which will be followed by a corrective move to the upside next week.
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