Long
Aktualisiert

$NU targets $1.47-$2.12 on the upside

696
It looks like NU has finally bottomed to me and is starting a reversal. I think price is most likely to go to $1.47-$1.63 region. Upper targets there if price is to surpass $1.63.

Price should get there within the timeframe indicated on the gray box region.

Trade active.
Anmerkung
NU needs to break above $.867 and then it's ATH for this idea to be valid. It could be that we just test those regions within this timeframe. If that's the case and we don't break above, I still think we will hit these targets, just not until May-July.
Anmerkung
That move to .55 should've been the bottom. Send it.
Anmerkung
Two scenarios I see here, either $.55 was the bottom, or we have one more leg down to $.475 and we bounce there. Either way, the idea is still valid as of now.
Anmerkung
Update:
$NU Inverse H&S, a break above $.63 will launch us to $.74+
Anmerkung
Updated the timing of this. Idea till valid.
Same targets - $1.47 - $2.12 (updated timing to May 9-23)
Anmerkung
Still*

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