While 
MU locked in its breakout above $1,016, Nebius (
NBIS) is sitting in the waiting room inside an identical multi-month wedge:
• The Base: 21W MA held firmly on heavy volume, stacking higher lows off diagonal trendline support.
• Momentum Ticking: Weekly RSI stabilized above 50; selling pressure on the MACD is visibly running out of gas.
• Execution Gate: The compression ceiling sits right at the $250–$260 supply shelf.
Trade Parameters:
• Trigger (Long): Confirmed close > $260.50 (clearing the descending trendline)
• Target 1 (Liquidity Shelf): $360 – $401
• Target 2 (Apex Measured Expansion): $430+
• Risk / Invalidation: Loss of the wedge baseline / 21W MA
Big brother leads, high-beta infrastructure follows. Watching the $260 gate. ☕
MU locked in its breakout above $1,016, Nebius (NBIS) is sitting in the waiting room inside an identical multi-month wedge:• The Base: 21W MA held firmly on heavy volume, stacking higher lows off diagonal trendline support.
• Momentum Ticking: Weekly RSI stabilized above 50; selling pressure on the MACD is visibly running out of gas.
• Execution Gate: The compression ceiling sits right at the $250–$260 supply shelf.
Trade Parameters:
• Trigger (Long): Confirmed close > $260.50 (clearing the descending trendline)
• Target 1 (Liquidity Shelf): $360 – $401
• Target 2 (Apex Measured Expansion): $430+
• Risk / Invalidation: Loss of the wedge baseline / 21W MA
Big brother leads, high-beta infrastructure follows. Watching the $260 gate. ☕
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.