NVDA Weekly Harmonic Elliott Wave and Hurst's Cyclic Analysis
Overview: let's review the key points of the previous update:
Update: there is not much to update. As expected, we are in wave x of (IV), which is developing as a flat. What follows is wave y of (IV). I have 368.76 as my potential target for wave (IV) bottom and it should happen on Aug 1st.
- NVDA is in wave (IV), developing as a double zigzag.
- We are in wave (3) of C of w of (IV).
- Aug 1st as a trough of 40 week magnitude (wave (IV) bottom).
- 2nd week of September as a potential point for a peak (wave (V)).
- Dec. 1st for as a 20 week trough (wave b bottom).
Update: there is not much to update. As expected, we are in wave x of (IV), which is developing as a flat. What follows is wave y of (IV). I have 368.76 as my potential target for wave (IV) bottom and it should happen on Aug 1st.
