Nebius Group N.V. (NASDAQ: NB)⚠️ Disclaimer: This chart is for educational purposes only.
Cup and Handle Pattern Formation
Cup Formation:
The price peaked near $63–$64 in February 2025, followed by a rounded bottom forming a "cup"-like structure between March and May 2025.
This rounded shape is smooth and symmetric, matching the textbook "cup" base.
Handle Formation:
From June to August 2025, price entered a shallow consolidation phase just below the $63–$64 resistance.
This side-ways and slightly downward drift with narrowing volatility creates the "handle."
Current Price: $55.09
It's approaching the neckline/resistance zone at $63.89.
Implication:
The Cup and Handle is a classic bullish continuation pattern. A breakout above $64 with strong volume would confirm the pattern, potentially leading to a measured move target of approximately:
Conclusion: Technical Outlook
Pattern: Cup and Handle
Breakout Trigger: Daily close above $64 with volume > 12M
Target Zone: $90–$100
Support: $51 (handle base), $45 (major swing support)
Risk Management: Ideal stop loss below handle support (~$50)
Regulatory Note: We are an independent development team. Our services are not registered or licensed by any regulatory body in India, the U.S., the U.K., or any global financial authority. Please consult a licensed advisor before making trading decisions.
