A repeating pattern and potential opportunity
All three companies have some form of crypto offering.
NUbank, Coinbase and Sofi appear to have similar bottoming patterns with double bottoms and a head and shoulders style reversal. The charts are not identical but you can clearly see a repeating testing of levels and a price cluster (red shaded area) which...
Possible parallel channel break out.
- 1.618 Fib Ext & Channel target is $8.51 to $9.13
- Plucked positions at green circles for long term hold
- RSI continues to rise
- Above 200 day SMA (same as 40 week SMA)
- Failure to break above (which is very possible) will only lead me to make
another allocation on RSI trend line retest.
NUBANK Fundamentals look...
NUBank - NYSE:NU
⚠️We already lost the 21 SMA
✅Raised my stop to $7.55
Good news is we have POC under price and we had two touch downs to the $7.70 level. IMO if we lose these both, the diagonal line too will be lost too & id rather get some of the position off the table.
I still think we can bounce and go higher with a wave 5 extension higher. You could...
NUBANK - NYSE:NU
A beautiful case of Technical Analysis providing all the structures for a winning trade. First shared this idea earlier in the year. It was just an idea....now we are almost 100% up.
Surpassed 90% return on this trade since taking up positions in June 2022 and again in Jan 2023.
I sold a portion in Aug 2023 with a breach of the 21 day SMA...
NUBank to Coinbase Chart Comparison
Is it just me or do these two charts look very similar?
Maybe Cathy Wood knows something....after her HUGE purchase
Imagine if COIN played out like NUBank, lets see what happeds
Puka
Why 2021 Was a Decent Year for Bitcoin
More than 2021, Bitcoin partook in a lofty ascent in its fairly estimated worth. Toward the beginning of the year, a solitary coin was esteemed at $32,000, and by April that number had multiplied. Brokers were hopeful that more extensive acknowledgment of bitcoin by dealers and large banks would uphold the cost.
In any case,...
Nubank NYSE:NU remains in the channel plotted in the analysis of the day 2022-02-15. Despite the fact that in the middle we have the announcement of some purchases by NYSE:BRK.A , the earnings report and the Russian invasion to Ukrania.
We need to wait to see what happens in this new pivot and see the evolution of the volume, especially in the critic's...
Continuing yesterday's overview about NYSE:NU Today we need to notice two important events.
1. Today we have the most volatile day in its history. Prices have a range of 2.08$ which means near 18% of intraday volatility
2. At the end of the day the security finish below the channel line (9.99). But Still persist the indecision pattern in the rectangle...
After BMFBOVESPA:NUBR33 finally found its bottom at 8.32 points it formed a double bottom pattern last week, then a spike surged pumping the price over 10% breaking an important resistance zone before the market closed for the Christmas holiday.
What we can expect for its reopening tomorrow is the price continuing its run aiming for the second level of the...
![NUBR33: NUBR33 Price Reversion [next target]](https://s3.tradingview.com/0/0IqTCgj6_mid.png "NUBR33 Price Reversion [next target]")
