NVDA update 11/14

NVDA: Another member request. Please keep them coming. This one is very simple. Price is now about to complete (green) minor-3 of (red) intermediate-iii, of (yellow) major-3 of (blue) primary-III. Thus the next direction will be down, and I estimate it could drop back to the 150-170 level: it was prior support/resistance. Then price should rally in minor-5 to new ATHs to complete intermediate-iii, etc. Thus upside potential is short term limited, a better buy point is (much) lower for those who’ve missed the boat so far. Longs from much lower levels can ride this correction out, our protect profits with some puts. You pick 🙂 Long term there’s still plenty of upside left, but the easy money (3rd of a 3rd of a 3rd wave) has been made IMHO.

NVDA