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Expanding Flat on NVIDIA: Bearish or Final Leg?

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NVIDIA after a recent bullish trend has formed an Expanding Flat correction.

  • Wave (B) exceeded Wave (A)’s start, confirming this as an Expanding Flat (3-3-5) structure.
  • Wave (C) is in progress, unfolding in a five-wave sequence.
  • The 1.618 Fibonacci extension (~102 USD) is a key support zone, with 2.618 (~56 USD) as an extreme bearish target.
  • A reversal could follow after Wave C completes, so these levels are crucial to watch.


Key Levels to Watch:
  • 102 USD (1.618 Fib extension - first support zone).
  • 56 USD (2.618 Fib extension - extreme bearish case).


❓ Is this the final leg down before a bullish reversal, or more downside ahead?

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