there appears to forming a head and shoulders pattern on NU.
Weekly chart showed a bearish pin two weeks ago, and price is now at 50% retracement of last major swing down. this seems a nice opportunity to short NU.
TP1 a the neckline, TP2 at 1.618 extension
just my idea, appreciate feedback and or constructive criticism
good luck
Weekly chart showed a bearish pin two weeks ago, and price is now at 50% retracement of last major swing down. this seems a nice opportunity to short NU.
TP1 a the neckline, TP2 at 1.618 extension
just my idea, appreciate feedback and or constructive criticism
good luck