Chart of the day

NVDA reached 960 level which could also be a fifth-wave peak of a short-term five-wave cycle and a long-term five waves. Now has broken below the rising wedge support 860.

A retest 880 rejection and a break below 860 is required for a deeper pullback to 650. A confirmed break above 890 will lead to an extension higher in the fifth wave extension and a retest of 960.

_{Look for the short trade entries with a stop loss above 960. Long trades you can take in the case of a confirmed price action break above 930.}