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NVIDIA – Ending Diagonal Signals Wave 2 Correction Toward $135

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The intermediate-degree wave 2 may be completing with an ending diagonal structure near $143. This formation typically signals exhaustion in bullish momentum and often marks the end of a fifth wave.

If this diagonal holds and breaks downward, the minimum expected retracement lies around $135. A deeper move toward the $123–125 region is also possible, depending on the development of the correction.

Price currently stands at $143.77. A confirmed break below the diagonal’s lower boundary may trigger the wave 2 pullback.

📈 This analysis is based purely on Elliott Wave structure. No indicators or external tools were used.

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