NokiMo
The Long Investor
The Long Investor

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$NU

$NU has been handling the market and some catalysts very well lately.

The miss on Earnings and Buffett revealing that he has exited his $NU position has still not changed the structure of this chart.

We know it was quite bullish going into ER, with a clear breakout and holding above all important MA's but it has turned out very beneficial for $NU now.

I think the longer $NU can hold above the 200 Day MA at $12.50 and the blue support line at $12.30, the higher the chances that this starts moving higher as expect to the 1.618 Fib at $29.

The one variable is that $NU may move sideways above this support level until the next ER's after that ER miss.

I don't think holders should have an issue with that.

$NU

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