NVDA Elliott Wave Analysis Trading Lounge Daily Chart,NVIDIA Corp., (NVDA) Daily Chart NVDA Elliott Wave Technical AnalysisFUNCTION: Counter trendMODE: CorrectiveSTRUCTURE: Flat POSITION: Intermediate wave (4). DIRECTION: Downside in wave (4). DETAILS: At this point we are looking for a three wave move in wave (4), with equality of C vs. A as target at 84$. 
NVDA Elliott Wave Analysis Trading Lounge 1H Chart,NVIDIA Corp., (NVDA) 1H Chart NVDA Elliott Wave Technical AnalysisFUNCTION: Countertrend MODE: Corrective STRUCTURE: Flat POSITION: Minor wave C. DIRECTION: Downside within wave C. DETAILS: Looking for further downside within wave C as we seem to be unfolding lower. We could expect a bounce in wave {iv} as we hit TL1 at 100$. 
This analysis provides an Elliott Wave interpretation for NVIDIA Corp. (NVDA) based on both the daily and 1-hour charts. It outlines the current corrective trend and the key levels to watch as the stock navigates through a significant wave (4) correction. * NVDA Elliott Wave Technical Analysis – Daily Chart* NVIDIA is in a corrective structure, likely a flat correction, unfolding as a three-wave move. Currently, the stock is moving lower within wave C, and the next target for wave (4) is set at 84$, where equality between wave C and wave A is expected. This suggests a deeper correction before the resumption of the long-term trend. * NVDA Elliott Wave Technical Analysis – 1H Chart* NVIDIA is currently progressing lower in wave C, and the next key support level is expected around 100$, near Trading Level1 (TL1). A bounce in wave {iv} of C could occur around this level before the final push lower to complete the correction. This would align with the structure’s flat pattern, where wave C typically unfolds as a five-wave move.More By This Author:Elliott Wave Forecast: Nasdaq Tech Stocks Set For Big Moves; Market Top Insights
Cardano Crypto Price News Today Elliott Wave Technical Analysis – Sunday, September 8
XAUUSD Commodity Elliott Wave Technical Analysis – Friday, September 6
