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Technical analysis by Agent_of_Maat about Symbol NVDAX: Sell recommendation (8/31/2025)

https://sahmeto.com/message/3746584
Agent_of_Maat
Agent_of_Maat
Rank: 6
4.7
Sell،Technical،Agent_of_Maat

I'm not presently invested in nvidia, but present this as possible deep value entries. Looking at elliot wave and fib levels, I would expect to see a 3-3-5 correction with a double top and bottom at either .618 $72 or .786 at $44. After a bottom is found then expect a short accumulation period of 3 higher highs then a mark up in price. I usually always leave out time a bias, but in this case with the upcoming fomc meeting in September, I could see this correction happening and finishing fast. Obviously, if these deep value targets are met, I will realign my portfolio to heavy in nvidia.

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Profit Target:
$115
Stop Loss Price
$185
Price at Publish Time:
$173.91
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