NBIS | Informative
NBIS Trend Analysis
Trend Direction: Bullish
The price is trading above both the orange (long-term) and blue (short-term) moving averages.
Formed a Higher Low (HL), followed by a Higher High (HH), confirming an uptrend.
Support from Trendline:
The ascending black trendline is supporting the price action, confirming bullish momentum.
Volume Analysis
Rising Volume: Recent bullish movements are backed by increasing volume, suggesting strong buying interest.
Strategy Suggestions
Long Position:
Entry: On a breakout above $38.69 with volume confirmation.
Targets: $44.75, $48.88, $53.00
Stop-loss: Below $34.84 or the $31.10 bearish line for safety.
Short Position:
Entry: Only if the price breaks below $31.10.
Targets: $30.97, $24.76, $19.57
Stop-loss: Above $34.84 to minimize risk
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.
no pain, no gain
Unveiling illusions, revealing wealth
Unveiling illusions, revealing wealth
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.