$NU targets $1.47-$2.12 on the upside

It looks like has finally bottomed to me and is starting a reversal. I think price is most likely to go to $1.47-$1.63 region. Upper targets there if price is to surpass $1.63.

Price should get there within the timeframe indicated on the gray box region.

Trade active.

Note

needs to break above $.867 and then it's ATH for this idea to be valid. It could be that we just test those regions within this timeframe. If that's the case and we don't break above, I still think we will hit these targets, just not until May-July.

Note

That move to .55 should've been the bottom. Send it.

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Two scenarios I see here, either $.55 was the bottom, or we have one more leg down to $.475 and we bounce there. Either way, the idea is still valid as of now.

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Update:

$NU Inverse H&S, a break above $.63 will launch us to $.74+

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Updated the timing of this. Idea till valid.

Same targets - $1.47 - $2.12 (updated timing to May 9-23)

Note

Still*

benjihyam

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benjihyam

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