Technology stocks are suffering a bit today, but after strong rally on NVIDIA (NVDA), we believe it's just making a subwave “iv” pullback, as we see an unfinished five-wave bullish impulse by Elliott wave theory. So, ahead of tomorrow’s earnings report, be aware of a bullish continuation for wave "v", ideally from projected 680 - 640 support area.
If you are interested in more analysis like this, you may want to watch below our latest recording of a live webinar streamed on February 19:
More By This Author:
Binance Coin Is Ready For A Bullish Continuation
TLT Is In A Correction Within Uptrend
Bitcoin Can Be Trading In The Middle Of A Higher Degree Correction
Comments
Log in or sign up to join the conversation.