Nu Holdings Ltd.
Long

Opened new position: NU

220
NU has been added as a new position to our portfolio (8.5% of equity).

The trade has been opened as the price took out Friday's high. This is a pullback entry and a low risk trade. The SL can be set at the 50d MA or at Friday's low for swing traders.

NU shows a strong relative IBD strength and the stock hass been recently oversold.
NU is a holding of Cathy Wood's ARK portfolio.

Here is the link to our updated portfolio which is up > 16% in November:

tradingview.com/watchlists/128292848/

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.