Long NBIS as it completed Intermediate waves I and II

6 mag

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 mag

Nota

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

17 mag

Trade attivo

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 mag

Trade chiuso: obiettivo raggiunto

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 mag

Nota

Here is a bigger picture I envision.