Nebius Group N.V.
Long
Updated

Long NBIS as it completed Intermediate waves I and II

868
I believe that now NBIS is in wave III.
Wave II retraced almost all the wave I.
I will try to update on smaller waves as they progresses.
Note
wave II was an expanding flat with wave C = 1.618 * A
Trade active
Nice progress up, and it is still early days in Intermediate wave III. Now we are just in wave (i) of III. I'd expect sharp sell-off to erase most of the wave (i) gains before next move up with ATH.
snapshot
Trade closed: target reached
I don't expect much upside in near term and decided to take the profit.
I will re-visit NBIS after the pull-back.
snapshot
Note
Here is a bigger picture I envision.
snapshot

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.