$NBIS Here’s the current setup I’m watching on $NBIS . One thing to note: the second tag is a moving level along the trendline, so keep that in mind when looking for a bid…it won’t stay fixed. Overall, I like how this is shaping up. Price has reclaimed the EMAs, and the 50 MA is moving up fast toward a potential cross above the EMA200. That’s a positive sign that short-term momentum is starting to build. We could get some pre-earnings momentum, but after what we saw with $AMD and $SNDK , I think most traders will be a bit more patient and selective. I’ll keep everyone updated here as the setup develops and let you know when I decide to take a bid. No need to force anything..let the setup come to us.
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