Above 9.67 low, it favors upside in fifth wave and expect to finish the impulse started from all time low before the major correction starts. Last week, it traded with unusually high volume above 10X, which provides few scenarios. (1). It favors upside in v and can unfold 5 internal waves, while dips remain above 9.67 low but still main momentum divergence. (2)....
Nu Holdings Ltd., a leading digital banking player globally, saw its stock prices rise following an impressive second-quarter earnings report . The company's profits more than doubled compared to the previous year, an achievement that has significantly offset concerns about increasing loan delinquency rates and a reduction in bad loan provisions. Operating...
If you haven`t bought NU before the previous earnings: Then analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 11.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.67. If these options prove to be profitable prior to the earnings...
Macro Monday 46 Emerging Chart Trend in South America and Brazil Brazil is the largest economy in South America, followed by Argentina, Chile, Colombia, and Peru. These 5 countries together hold a huge 90% share of the South American economy. Today we will look at index charts for South America and Brazil to get an overall initial technical picture from...
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 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
Analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 9usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.12. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to...
🔹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...
Simple and clean entry, we are looking to short NZDUSD from the nearest level of supply. As we see the Dollar rally continues to go up, so every rally on USD dominant pairs will be a selling opportunity.
In line with market strength, NU has broken structure and retested. Lets see if we can get 2R+
NU has retraced heavily right to a solid break out structure and shown us enough in price action to justify an entry. Lets see if it can give at least 2R
Break and retest setup criteria has been met and we will use the latest rejection candle as our entry signal to try to gain at least 2R from this trade
The price broke the trendline and retested, So I bought @0.62026 and expecting the price to reach the targets 0.63000, 0.63500 and 0.64500. !!! Trade Safe !!
NU has dropped down to complete bat harmonic pattern and our limit entry has been activated using ATR as SL
Asia has had some movement already and a nice shakedown especially against AUDUSD. However, most pairs against USD are still in technical uptrends and with a fresh session we look to enter an identified break and retest setup using rejection candles in NU. Lets see how it plays out
Similar to GU idea, NU has also retraced back to a nice lever for buyers to come in both on smaller and higher timeframes. Lets see if dollar can show some weakness for both ideas to play out accordingly
NU has met requirement for a reversal setup with multiple rejections stalling out sellers, going for at least 1:2RR
NU is presenting a perfect head and shoulder formation, where the neck was already broke. Looking for at least the 4.37 level where is the daily MA200. Let's see.