TradingView
wavepoint99
May 29, 2023 2:03 PM

NU - Breakout Horizontal Trend Channel Long

Nu Holdings Ltd.NYSE

Description

🔹Horizontal trend channel in the medium long term is broken up.
🔹RSI is above 70 after a good price increase the past weeks..
🔹The RSI curve shows a rising trend, which could be an early signal of the start of a rising trend for the price as well.
🔹Overall assessed as technically positive for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️
More