$NU - Potential double topNYSE:NU There is potential for a double top. Watch the critical support area around $13. 👀 As always, I share my opinions and trades. I'm not suggesting that anyone follow my trades. You do you.by PaperBozz7
Will Nu Continue Rally After Unusual Volume Activity Last Week?Above 9.67 low, it favors upside in fifth wave and expect to finish the impulse started from all time low before the major correction starts. Last week, it traded with unusually high volume above 10X, which provides few scenarios. (1). It favors upside in v and can unfold 5 internal waves, while dips remain above 9.67 low but still main momentum divergence. (2). It may see minor upside as v and the volume can be exhaustion move before it reverses in larger correction, which confirms below 9.67 low or by breaking the trendline. (3). It will start nesting higher and erase the momentum divergence, which extend higher. That move should ideally supported by gap up move. by EWFcw3
Nu Holdings reports strong Q2 earnings, shares surgeNu Holdings Ltd., a leading digital banking player globally, saw its stock prices rise following an impressive second-quarter earnings report . The company's profits more than doubled compared to the previous year, an achievement that has significantly offset concerns about increasing loan delinquency rates and a reduction in bad loan provisions. Operating predominantly in Brazil, Mexico, and Colombia, Nu Holdings boasts a customer base exceeding 100 million, covering 55% of Brazil's adult population. Known as Nubank, the company operates without physical branches, leveraging a cloud-based platform optimized for mobile devices. For the quarter, Nu recorded revenues of USD 2.8 billion, surpassing the average analyst estimate of USD 2.66 billion, according to a Bloomberg survey. Technical analysis of Nu Holdings Ltd. (NYSE: NU) Examining potential trading opportunities based on the current technical landscape of Nu Holdings' stock: Timeframe : Daily (D1) Current trend : the stock is currently in an uptrend, with the quotes recently reaffirming support above the support line Resistance : the resistance at 12.30 USD has been broken Support : support has solidified at 9.65 USD Potential downtrend target : should the trend reverse to a downtrend, the downside target could be set at 7.50 USD Short-term target : if the uptrend persists and continues beyond the current resistance, a short-term target could be 14.35 USD Medium-term target : with continued momentum, the stock price might aim for 15.50 USD Investors and traders should monitor Nu Holdings closely, especially in light of its strong quarterly performance and its strategic position in the growing digital banking sector. The company's innovative approach and expansive market coverage in key Latin American countries position it well for sustained growth, which is reflected in the positive trajectory of its stock price. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.by RoboMarkets1
NUNU Ascending Triangle Buy & Buy & Buy Certainly. Here's the information about nu Holding (Nubank) in English: nu Holding, known as Nubank, is a financial technology (FinTech) company that provides digital financial services. Their main business areas include: Digital Banking: Offering savings accounts and credit cards through a mobile app. Credit Cards: Issuing credit cards with no annual fees. Personal Loans: Providing loan services through their digital platform. Investments: Offering an investment platform for retail customers. Insurance Services: Providing insurance products through digital channels. Payment Services: Facilitating money transfers and payments via their app. Nubank stands out for its use of technology to reduce costs and deliver an excellent customer experience, primarily focusing on digital service delivery. The company started in Brazil and has expanded its services to other Latin American countries. Nubank's approach emphasizes using technology to streamline financial services, making them more accessible and user-friendly compared to traditional banks.Longby OhmJeerasak0
NU Starting Next leg up?Two weeks in a row now that NU has closed above the $12.50 price point. This base started back in March, with earnings around the corner will be watching this chart closely.Longby Blake_Mello0
NU is getting ready for a big move upward! Beautiful bullish pattern supported by EMA's. Expecting a big bullish move soon! 🤑🚀🤘🏻Longby SIGNALIST_indicatorUpdated 449
NU breaking out to new all time highsNU weekly chart showing the stock breaking into clear skies, and new all time highs! Longby Blake_Mello1
NU LONG POSITIONI tried a handleless cup pattern and failed. For now, it looks like it's forming a new handle. However, the high volume at the handle is a negative factor. On the weekly chart, however, the little change at the closing price is a positive factor. It could be proof that someone is buying in a certain price range. This pattern was seen in 2023. If it breaks out strongly the buy line, buy it. If it doesn't and hits a new low, avoid buying.Longby KANUSEUpdated 2
$NU buy reasons: -big volume before breakout -nice consolidation -price above pointing up moving averages -all time highLongby Kangaroo-MarketUpdated 0
NU Breaking ConsolidationAnalysis: NU Holdings Ltd. Has returned 45% YTD and currently maintains an average volume of 22.29M . Price has been stuck in consolidation since early May. Price has had four (4) attempted breaks of structure since. Watch for breaks or advances in "Support Resistance Structures (1) & (2)". Watch for a clear break "Support/Resistance D" before consideration. "Time Axis 2" has been broken - look for higher break in price on "Time Axis 3". Please Leave a Comment ArticaAnalyticaLongby ArticaAnalytica0
A sign that someone is buying up this stock.% Using Google Translator. Please understand. As of now, NU is showing a typical institutional(or market maker anyway) acquisition pattern. I am writing down a small tip regarding this part. NU has been forming a tight weekly close around $11.7 for over five weeks following dramatic volatility following its earnings release. At the same time, during the first four weeks, trading volume remained high with significant differences between weekly highs and lows. Since market makers' accumulation usually involves maintaining low trading volume at the bottom of a falling stock and accumulating stock volume over a long period of time, there is room for interpretation of NU's pattern as being different. However, NU is also clearly a market maker's accumulation pattern. Why is that so? First, let's assume that we are a market maker and that we are trying to accumulate NU in large quantities at a slightly lower price. What is needed to acquire large quantities at a relatively low price? First of all, if you want to buy in 'large quantities', of course you will need that much to buy. To do this, we need to get existing market players to sell the amount of NU they own. In addition, we must suppress the buying force that continues to push up stocks inertially. In particular, for stocks that were on an upward trend, such as NU, neither institutions nor individuals want to easily sell their holdings. This is because, if they are already making profits, they are willing to tolerate a slight adjustment or sideways move for higher profits. Above all, NU is strongly perceived as a 'Buffett' stock, so there are many people who believe in Buffett and hold on. In this situation, if you want to get them to sell the stock, you have to first make it a 'boring' stock. So what exactly are ‘boring’ stocks? That would be a stock that, while the Nasdaq is rising, has not been able to rise on its own for several weeks and has been moving sideways or even falling. What people fear the most is loss, and the next thing they hate is FOMO. If you look at NU's weekly chart, the Nasdaq index continues to rise, while NU is showing a sluggish sideways trend. When the price of a stock rises a little, someone lowers the price again, and when it rises a little, they lower the price again. It can be seen as a fierce battle between selling and buying forces, and that is correct, but the fact that the weekly closing price moves sideways in a similar range ultimately shows that this stock is being managed by existing large-scale forces. As a result, the power of buying forces trying to raise stocks began to gradually decline. This long, boring period would have caused existing players to sell off their stocks little by little. Because during that time, AI stocks, including NVIDIA, would have continued to hit new highs. Players who were already seeing profits took profits by reducing the proportion of underperforming stocks. And players who suffered losses in the last correction tried to make up for their losses by selling whenever the stock price rose with the mentality of trying to break even. (This is a natural human instinct that appears when you lose money in stocks.) As a stock becomes increasingly 'boring', the gap between weekly highs and lows becomes smaller and trading volume begins to decline. Just like last week. Last week was the week when NU Holdings' popularity began to fade in earnest. The buying force to push the stock price up has become very weak, which has led to a decrease in trading volume. There were more people selling than buying as it started to move in the opposite direction of the market index, showing a 'uninteresting' pattern. Volatility decreases and stock prices appear to gradually decline. At this time, I noticed Friday, June 14th. This was because if a market maker was managing this stock, he would definitely buy up again the quantity of NU whose price fell that day. And sure enough, NU rose 1.2% to $11.7 even as the market index struggled. They happily acquired the volume that was pouring in due to market pressure, and this was a clear signal. Looking at this, it is assumed that the institutions currently accumulating NU are quite seasoned professional investors. It is highly likely that the stock price will continue to move sideways for a certain period in the future. They will make bottoms with low trading volume and occasionally raise prices, enticing existing players to sell their stocks and move on to other stocks. until when? That is until they have acquired a quantity they are satisfied with. Hold on to NU unless it plummets on very high volume, or the support line breaks. Unless they change their minds for some reason, there is a high possibility that they will break the new high with strong trading volume in the future.Longby KANUSE0
NU Long PositionHi traders, Turning our attention to Nu Holdings Ltd. (NU), we can observe the formation of an ascending triangle pattern over the past few weeks, indicating a potential bullish breakout. Nu Holdings, a prominent digital banking platform in Latin America, has been experiencing significant growth in its user base and market presence. The company's innovative approach to financial services and strong market position make it a key player in the fintech industry. The ascending triangle pattern is characterized by a horizontal resistance level and an upward-sloping support line. This pattern typically indicates that the price is likely to break out above the resistance level after a period of consolidation. The series of higher lows demonstrates increasing buying pressure, suggesting that the bulls are gaining control. As NU approaches the resistance level of the ascending triangle, a breakout above this level could confirm the bullish continuation. Entering a long position upon confirmation of the breakout appears reasonable. Take Profit: 14.61 Final Target: 16.64Longby vf_investment1
NU Holdings Options Ahead of EarningsIf you haven`t bought NU before the previous earnings: Then analyzing the options chain and the chart patterns of NU Holdings prior to the earnings report this week, I would consider purchasing the 11.50usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $0.67. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 5
NU Holdings Ltd: Pattern Before EarningsFundamentals: Nu Holdings Ltd is a Brazil-based company that provides a digital banking platform. The company is doing ok. It does not meet all my parameters, but it is ok. Earnings come out tomorrow. I will be strict with stops. Technicals: Daily: cup-with-handle pattern 5EMAs pb with MACD Weekly: shallow pb buy signal uHd Comment: buy signal is around 12.49, but I bought it early. Target is 24. Longby Rocketman223
Nu Nears Old HighsNu Holdings is a Brazilian fintech that doubled its revenue last quarter. Some trend followers may see opportunity in its current setup following a significant run. The first pattern on today’s chart is the $10.50 level where NU peaked in mid-February. The stock pulled back to test that level in mid-April and bounced. Has old resistance become new support? Stochastics also dipped to an oversold condition. Third, NU ended last week higher after fluctuating between previous week’s peak and trough. That kind of bullish inside week may suggest it’s poised to continue a longer-term uptrend. Finally, the company went public in December 2021 for $9 a share. It spiked to $12.24 later that month. Notice how the stock is now back near the old peak. A move above those levels could potentially represent an important breakout. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.by TradeStation5
Nubank (NU) is highly overextendedNubank is priced as the 3rd largest company in Brazil by market capitalization, which is insane, plus the RSI is extremely overbought on the daily and weekly chart.Shortby outbreeak2
NU HOLDINGS FORECAST Q3 23 Im currently long with my stop loss in place highlighted by the red zone not level thats my tp of which if it breaks the red zone im looking for a retest of sorts then short till the second target and following that arrow back long to my tp level if it breaks tp im going to stock around and update my potential targets but NYSE:NU looks by Bekiumuzi_DubeUpdated 8
Nu ShortNYSE:NU short to nearest fib level at 9.50 at MA50. If lucky MA200 at second fib 8.30. Clear divergence and overbought I've bought June PUT @11 strikeShortby pandersail0
NUBANK NU Problem! Possible parallel channel break out. - 1.618 Fib Ext & Channel target is $8.51 to $9.13 - Plucked positions at green circles for long term hold - RSI continues to rise - Above 200 day SMA (same as 40 week SMA) - Failure to break above (which is very possible) will only lead me to make another allocation on RSI trend line retest. NUBANK Fundamentals look exciting - Milestone of 80 million customers 2 weeks ago - Brazil-based Nubank partnered Polygon to expand the reach of its Nucoin loyalty programme to its 80 million customers. - In October 2022, the Nubank/Polygon announced the Nucoin token and launched a pilot run involving around 2000 users. Nucoin was designed to recognize customer loyalty and encourage engagement with Nubank products, and by expanding the programme, the token could reach as many as 70 million customers across Brazil. - David Marcus former Paypal CEO and former head of payments & crypto at META has been added to the NUBANK Board - Nubank secured a loan of up to USD 150 million from the International Finance Corp in January 2023 in order to expand its operations in Colombia - Nubank has a division in Colombia named Nu Colombia, which is a fast-growing credit card issuer. In August 2022, Nu Colombia made the announcement that the country's regulator had granted its proposal to form a financial firm. This licence allowed Nu to add a full savings account linked to other credit products to its lineup of credit cards and e-wallets, as well as acquire deposits, a less expensive financing source similar to that used by large banks. - Approximately 35 percent of the Colombian adult population has no access to any formal financial services and are considered “unbanked,” according to the Colombian Banking Association. Some 79 percent of adults have no access to credit cards. There is a HUGE market here for long term growth. - Last 4 earnings reports have had surprised to the upside. - Next earnings report is 15th May 2023 (key date for break of channel or rejection) - We all know Warren Buffet holds a long position in Nubank. Longby PukaChartsUpdated 9
NUBank Update - Stop Raised NUBank - NYSE:NU ⚠️We already lost the 21 SMA ✅Raised my stop to $7.55 Good news is we have POC under price and we had two touch downs to the $7.70 level. IMO if we lose these both, the diagonal line too will be lost too & id rather get some of the position off the table. I still think we can bounce and go higher with a wave 5 extension higher. You could enter a trade here and set a stop under POC to your risk tolerance. Would I do this? Only with a small position because we have had one hell of a run. An ideal entry would be off the 200 MA @$6.83 at present. Lets see how this plays out. Incredible run and profit, and now a protective stop in place hat ensures gains will crystalize if structure is broken PUKAby PukaCharts2
NUBANK - A perfect example of great TANUBANK - NYSE:NU A beautiful case of Technical Analysis providing all the structures for a winning trade. First shared this idea earlier in the year. It was just an idea....now we are almost 100% up. Surpassed 90% return on this trade since taking up positions in June 2022 and again in Jan 2023. I sold a portion in Aug 2023 with a breach of the 21 day SMA and reentered slightly lower with a stop. We then reclaimed the 21 day and started moving towards the target. What's beautiful about this trade is the following: 1. We had a double bottom 2. We then had a parallel channel breakout with a target that aligned with the 1.618 fib extension. 3. As things progressed we identified a 5 wave Elliot count. Now we have clear incoming targets at $9.04 and $10.17. We will use the RSI oversold timeframes from the past to help identify when we need to watch the chart carefully (red area) and we also know we can rely on the 21 day SMA as a trigger sell. All the hard work is done here on this trade. We just need to ensure we sell some of our position or all of it if it breaks down. Typically after a 5 wave count you get an ABC style correction. With the TA being perfect on this chart to date, it would not surprise me to see a good correction when this wave 5 completes. All the same, we remain in a winning trade and stay on trend until the trend changes. I almost forgot to mention earnings are released next Tuesday 14th November , so we will need to keep an eye then too. NYSE:NU PUKALongby PukaChartsUpdated 5
Opened new position: NUNU 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: www.tradingview.com Longby JS_TechTrading0
NuBank at the crossroad NYSE:NU Nubank, a crypto-friendly Brazilian bank owned by Nu Holdings, has proven to be a lucrative investment for Warren Buffett's Berkshire Hathaway, which has seen a 93% gain on its Nubank stock this year, making it the best performer in Berkshire's portfolio. Despite some of Berkshire's other key investments like Coca-Cola and Kraft Heinz showing declines, Nubank has shown significant operational growth, increasing its customer count and revenue substantially, and even transitioning from a net loss to a substantial profit. This performance, along with its close ties to the highly regarded Sequoia Capital, makes Nubank an attractive stock to consider for investment, despite the relatively small size of Berkshire's stake in it compared to its overall portfolio.Longby TotoParasca1