Long NBIS as it completed Intermediate waves I and II

6 May

I believe that now NBIS is in wave III.
Wave II retraced almost all the wave I.
I will try to update on smaller waves as they progresses.

6 May

Not

wave II was an expanding flat with wave C = 1.618 * A

17 May

İşlem aktif

Nice progress up, and it is still early days in Intermediate wave III. Now we are just in wave (i) of III. I'd expect sharp sell-off to erase most of the wave (i) gains before next move up with ATH.

21 May

İşlem kapandı: hedefe ulaştı

I don't expect much upside in near term and decided to take the profit.
I will re-visit NBIS after the pull-back.

21 May

Not

Here is a bigger picture I envision.