Ellat1978

NUVA. Has it reached the bottom?

Long
NASDAQ:NUVA   None
Nuva is falling in the channel. The price every time bounce from the bottom of the channel. There are two good retracement from 0.5 fibo. Now we got 0.618 fibo retracement. So, it could be a good entry point for a long run. Also medical sector can be a good security, acounting the coming S&P 500 fall and growing cases of COVID-19.

P.S. It`s not the financial advice. It`s just my analysis.
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.