NU HOLDINGS LTD CEDEAR EACH 2 REP 1 ORD forum
NU suffering a lot from the macro and will continue to do so, potentially we will go to single digits. However, long term this is a great opportunity, and we might see some positive news during 2025 too. NU is still killing it and I am not sure Trump will have a negative effect on Brazil, he is incentivized to weaken the $, which would help the R$ that investors are concerned about
NU to put things in perspective fundamentally, the last time it traded at this price, its most recent EPS was 30+% below where it was in the current quarter that triggered the downgrade. the price target Citi gave is 10% below where the stock was trading when it was making 30% less money. record EPS & record REV in the most recent quarter = 26% drop in share price. it is what it is, but I think it's an overreaction, personally.
NU Got downgraded by the analyst with the lowest accuracy ratings at Citi. GS still has a $19 price target. Buying more.
NU Just a small setback in my opinion, nothing to worry about. The 6% drop in the stock price was triggered by news regarding a potential tax increment proposed by the Brazilian government.
Yes,
NU dropped under the daily 200 SMA it is true, but still holding a raising lows line as shown in the figure. It might be a great entry point. If wrong, stop loss at $11.
NU broke last essential low @12.91. Now at 200d sma and old ATH (12.24$)Without news -6,5% on 29.11.2024
NU buy buy buy copounding
NU correction
NU Will hit a reversal in the coming trading days to overcome resistance price $11.87 to climb to price $12.13. Price is currently heading towards it's second support line which is at price $11.72. There's a possibility it will keep dipping till it reaches the support price and reverse. Prepare for a reversal next trading week.
NU The trend since early OCT still valid .KIV