Being a volatile security Nubank seems to get on track to the bullish channel with begins in 28 of January when hits its minimum price in 6.49 as lowest and closing in 6.75.
However, it's needed that the raises it is necessary that the rise in assets be accompanied by an increase in volume. We need to see that behaviour in order to take a bullish position.
It's...
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...
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...
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...
Using the basics trendline analysis for X we can see that We are in a bullish channel. At least the security be close to 26.25.
However, in the last three days, we can see a Key Reversal that is pushing the price to channel support.
A price to start accumulating this security is around 21.06 which is near 10% of losses and near the support of 20.43
Doing some Renko analysis on QQQ, and understanding the Trading view Platform.
I found:
resistance in 359.65
needle punch in 352.34 - That's its not taking in account
Bricks are 10 points each from
