Shares of Nvidia Corp., the American giant in the field of video graphics processors, are trading at 1063.00.

Growth is possible.

On the daily chart, a downward correction ended as the second wave of the higher level (2), and the upward third wave (3) forms. Now, the third wave of the lower level 3 of (3) is forming, within which, a local correction has formed as the wave iv of 3, and the wave v of 3 is developing. If the assumption is correct, the asset will grow to the area of 1100.00–1200.00. In this scenario, critical stop loss level is 754.50.