The upward trend from the low point is very impressive, having already completed three upward waves, and is only missing a small fifth wave, followed by a 1-2 retracement. The overall structure is still incomplete. First, it must break through the strong resistance level of 102 with high volume. Secondly, to confirm the continued upward trend, it needs to break through 116. As I've said before, it generally follows Nvidia; NBIS is like a leveraged stock of Nvidia, and it surges whenever NVDA rises
This rocket stock has more than doubled in less than a month from its low point. Next, I think the focus will shift to the AI sector, and this rocket stock will take a break. NVDA is the most stable, NBIS is more aggressive, and AVGO is also a good option. AVGO already has a small leading diagonal pattern, and it should undergo a small second wave tonight before starting a larger upward trend
What is the trend for Nbis going forward?
byu/Odd_Kaleidoscope817 instocks
Posted by Odd_Kaleidoscope817
4 Comments
My guess is it’ll go up or down soon.
Stop chasing technicals. Just start investing. It needs confirmation of execution in the next earnings. Untill then. Up down or sideways.
But did you consider the trapezoid pattern followed by a quad wave that then undergoes a fractal split which collapses down into a small replacement wave which then surges to a neutral trend and explodes out into a star like wave?? That’s where I really think NBIS will start to shine.
|**Ticker**|**Company Name**|**Recommendation**|**Price**|**AI Score**|**Sentiment Confidence**|**Sentiment Score**|**Risk Level**|**Market Cap**|**Div. Yield**|**6 months Return**|
|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|:-|
|[NBIS](https://127.0.0.1/aiportfolioanalyst/Bank/Utilities/StockHistory.cfm?symbol=NBIS)|Nebius Group N.V.|Hold|90.03|36.18|66%|0.36|High|21,470,400,512|0.00%|
The system I use tells me to Hold.
However I am not very familiar with the company.