Nvidia – Monthly Analysis + Long Term Forecast
I hope you had a chance to follow our Nvidia long term forecast 10 months ago. The chart above was posted in August 2022. The chart below was made today with the original chart elements.
After today’s move, NVDA put itself into a technical trap which would be difficult to overcome.
. . . In this overview, we discuss the candles and patterns that NVDA formed or is about to form on multiple frames and their most probable outcomes. We evaluate technical events and analyze the long- and short-term perspectives for the stock using Elliott Waves and Fibonacci theories.
Previous update + Long Term Forecast:
https://investingangles.com/2023/05/28/nvidia-weekly-analysis-updated-long-term-forecast-nvda-nvda/
. . . This and other individual stock analyses are available for the subscribers of the Stock Library package.
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