NVDA – 08/28/2024

NVDA earnings today …

Very interesting inflection … watch the New Taiwan Dollar as it looks to be inflecting. Historically, when the chart tops, the SOX takes off and goes higher.

We have a major target hit on the SOX and, what appears to be a valid 5 wave count.

Note the .786 and .618 price projection around 99-100 for support and if we blow thru that then the projection/1.27 around 79-81.

Here’s some targets for NVDA and the New Taiwan Dollar …

Last post on Semi’s: https://atomic-temporary-44460632.wpcomstaging.com/2024/07/14/semiconductor-index-july-14-2024/