NVDA

nvda nvda2

No position in Nvidia Corp., just showing it for the beauty of it all. We have shown at least a dozen or more B-waves over the past few months and this one is worth adding to the list for its pure perfection. The stock drops from $40 to $6, clearly a bit of a bear market; furthermore it does so in a very distinct 5-wave move. From the low the stock has rebounded 62% and right to the level of the 4th wave on the way down. Moreover, wave c and a in this rebound are vector equal. Next move should be to the downside. Given a /e at nosebleed levels that is not a big stretch.