jchemile

NU Overview 2022-02-17

jchemile Updated   
NYSE:NU   Nu Holdings Ltd.
Today Nubank ( NU ) broke the channel top line in 10.02. And closed above it in 10.09. It's a good signal because it means that this channel is broken, and we extend the baseline of the triangle, we can establish a target goal of +4.22 U$S. It means a gain of 42% Approx.

However, it's necessary to have a confirmation in the successive days. Besides that, it's essential to notice that in 22-February will come to the Earning review for the company. So, this event will affect in one or another direction the asset.

Today we have, maybe, a good signal: channel broken with a good volume. But, we need confirmation and take into account the caveat of the important event for the company: the earning review.

Therefore, despite the euphoric power of investors and similar to the overview signed in February 15. Its important to remains neutral in the observation of the tendency.
Order cancelled:
After testing the channel the equity lost the tendency so the target the trade is invalid

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