As outlined in my previous chart, NBIS tested both S-1 ($38.87) and S-2 ($34.01) before ultimately breaking through. Now trading at $28.80, I’ve plotted a new S3 at $24.41, which looks entirely achievable if selling pressure continues.
So far, there’s no clear sign of a reversal, and momentum remains to the downside. The key question now is whether buyers step in at S-3 or if the stock continues searching for lower support.
Watching closely—stay tuned for further updates.
So far, there’s no clear sign of a reversal, and momentum remains to the downside. The key question now is whether buyers step in at S-3 or if the stock continues searching for lower support.
Watching closely—stay tuned for further updates.
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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.