NU has been added as a new position to our portfolio (8.5% of equity).
The trade has been opened as the price took out Friday's high. This is a pullback entry and a low risk trade. The SL can be set at the 50d MA or at Friday's low for swing traders.
NU shows a strong relative IBD strength and the stock hass been recently oversold.
NU is a holding of Cathy Wood's ARK portfolio.
Here is the link to our updated portfolio which is up > 16% in November:
www.tradingview.com/...atchlists/128292848/
The trade has been opened as the price took out Friday's high. This is a pullback entry and a low risk trade. The SL can be set at the 50d MA or at Friday's low for swing traders.
NU shows a strong relative IBD strength and the stock hass been recently oversold.
NU is a holding of Cathy Wood's ARK portfolio.
Here is the link to our updated portfolio which is up > 16% in November:
www.tradingview.com/...atchlists/128292848/
Combing the BEST of two WORLD's: Cathie Wood & Mark Minervini