NU HOLDINGS DRN forum
NU to put things in perspective fundamentally, the last time it traded at this price, its most recent EPS was 30+% below where it was in the current quarter that triggered the downgrade. the price target Citi gave is 10% below where the stock was trading when it was making 30% less money. record EPS & record REV in the most recent quarter = 26% drop in share price. it is what it is, but I think it's an overreaction, personally.
NU Got downgraded by the analyst with the lowest accuracy ratings at Citi. GS still has a $19 price target. Buying more.
NU Just a small setback in my opinion, nothing to worry about. The 6% drop in the stock price was triggered by news regarding a potential tax increment proposed by the Brazilian government.
Yes,
NU dropped under the daily 200 SMA it is true, but still holding a raising lows line as shown in the figure. It might be a great entry point. If wrong, stop loss at $11.
NU broke last essential low @12.91. Now at 200d sma and old ATH (12.24$)Without news -6,5% on 29.11.2024
NU buy buy buy copounding
NU correction
NU Will hit a reversal in the coming trading days to overcome resistance price $11.87 to climb to price $12.13. Price is currently heading towards it's second support line which is at price $11.72. There's a possibility it will keep dipping till it reaches the support price and reverse. Prepare for a reversal next trading week.
NU The trend since early OCT still valid .KIV
NU this is a solid bet on Latin America and Brasil. 12-14$ is not a question of if but when.