07/18/2025
$NVDA analysis:
🔍 Trend Structure: Elliott Wave & Price ActionThe chart follows a clear Elliott Wave sequence, currently in Wave 5.Waves (1)-(5) are plotted across multiple fractals; current Wave 5 shows signs of possible exhaustion as it's entering the R5 resistance zone.Multiple internal minor wave counts (12345) within the macro Wave 5 are also shown.
🟢 Support ZonesS1: $160.92S3: $160.92S4: $149.12S5: $153.86
Larger Equilibrium Zone around $135–$140, previously a strong base of accumulation.Numerous CHoCH (Change of Character) levels confirm prior structure breaks and continuation zones.
🔴 Resistance ZonesR3: $167.82R4: $170.72R5: $175.98 (Current region being