jchemile

NU Overview 2022-02-18

NYSE:NU   Nu Holdings Ltd.
Continuing yesterday's overview about NU Today we need to notice two important events.

  • 1. Today we have the most volatile day in its history. Prices have a range of 2.08$ which means near 18% of intraday volatility
  • 2. At the end of the day the security finish below the channel line (9.99). But Still persist the indecision pattern in the rectangle zone.

The short body of the candle means that exist indecision for the market but there is a bullish bias taking into account the two full body bars in the bullish days vs the little one in the short days.

it is still needed a confirmation to be sure about the target to found in: 14.21 said in the overview of: 2022-02-17

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