$NVDA ~ An Elliott Wave Breakdown.(Detailed Spectrum)

Our Wave 2(Black) of the main wave was a Zigzag hence a Flat for Wave 4(Black). When Wave 3(Black) completed a three wave move, shown in Green, was made, hence A(Blue). Wave B(Blue) went beyond the end of 3(Black) and had 3 waves, shown in Red, also(as expected for Flats). The last of this 3 wave move(Wave c-Red) had 5 waves shown in Black. Upon completion, our Wave B(Blue) was over and we expected a Wave 4(Black). Our Wave 4 made a 5 wave move(Shown in Red) that retested at the 261.8% Fib. level. With Wave C(Blue) complete, it was coined Wave 4(Black). Wave 5(Black) was launched and has a 5 wave move shown in Green. With a Zigzag for Wave 2(Green), a Flat should be expected for Wave 4(Green). Wave 3(Green) has 5 waves with a triangle for Wave 4(Blue). A confirmation at its current location(423.6% Fib. level) would mean that Wave 3(Green) is complete and a Wave A(Black) of the previously mentioned Flat should be anticipated.

NB: The placement of Wave A(Black) of the Flat mentioned above is purely for demonstrative purposes.