Technical analysis by bigbull037 about Symbol NVDAX: Sell recommendation (12/15/2024)

- NVDA has completed it's motive wave 1-5 and currently is under corrective wave ABC. - Within ABC leg, it's under the leg C where it will eventually find a bottom and then start fresh motive wave 1-5. - Chart looks interesting and monitor carefully for the entry when it corrects!NVDA is heading to 105-112 range. I believe most of the TA here were wrong and calling for $240. - I remain optimistic about NVDA as their chips are best in the game but I won't pay more than intrinsic value to buy it. - I'll be buying shares of NVDA in 115s and below in increments- NVDA dipped to $112-$115 during deepseek narrative. Bought the dip @ 116 and sold at 143 for roughly ~20% gain. I believe NVDA can go to 165 post earnings but I would recommend selling into strength than adding more as late half of 2025 earning growth will be slower as compared to last year so premium multiple might compress🎯 🎯 🎯