NokiMo
The Long Investor
The Long Investor

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$NU - WATCHLIST -

$NU does have its ER after the close and this is a reminder of its bullish set up:


- Broken out of its bullish descending wedge

-Above is 50 WMA

-Above its blue support line
-Completed an ABC pull back after Wave 5
-Wave 3 target is at the 1.6187 Fib at $28.95

ER needs to be clean, no misses and normal or good guidance and the price action will then look after itself.

The downside risk is back into the descending wedge again and possibly the Buy Zone below $10.

$NU - WATCHLIST -

Comments

Seemed like a good quarter but the company didn’t crush it. Would’ve been awesome if it had.

Kunit Stock Dog

Added. Let’s see how the ER treats me

Alejandro Rey


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