Updated
NU Potential Long Term Play?
I realize there is not much data, but the positive divergences on the longer period wave trend oscillator (30) and money flow index (30) , plus the double bounce on the .786 fib retrace, seem like a potential strong reversal is brewing. What do you guys think? I'm waiting for confirmation via a bullish cross on the wavetrand indicator and yellow vwap oscillator.
Note
NU may have more room to go down, this setup is probably invalidated. Going to wait until volatility goes down and reevaluate.
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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.