The Long Investor
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$NU - WATCHLIST -
🕑 Added 2025-05-08 19:38:19 +0000 UTCVERY big breakout here and there are no changes to this chart.
I highlighted this set up in the last update and now we have the breakout of the bullish wedge and above the 200 Day MA and the blue support line.
Ideally we want to see the 200 Day MA at $12.70 and the blue support line at $12.30 flipped to support and confirmed.
ER is due after the market closes on Tuesday and very clearly the set up is there to move higher once the report is clean and beats estimates....market is showing that it is bullish leading up to this ER too.
The 1.618 Fib target at $29 has not changed either.
A higher high above $16.15 will confirm the Wave 3 target at $29 for me.
Comments
Trading Chairman
$MELI earnings was a good indicator.
AceKing 187
LETS GO
