Verified Investing on $NBIS (Nov 5, 2026)
NBIS is deeply oversold (RSI 29.71) after breaking the lower bound of an inclining parallel channel and piercing the $121.73 78.6% fib retrace; it bottomed at $113.30 today and is rallying back. A near-term bounce is expected, targeting the M pattern's low pivot, quoted at 14561.
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Next up into NBIS. Look at the bottom of the screen. RSI at 29.71. nasty sell breaking this bottom portion of this inclining parallel channel. But look what it ran straight into today, guys.
The fib 786 fib retrace from this low pivot from February 4th all the way up to the most recent pivot high in June. And that level is at $121.73. Notice how we pierced that. And we did so with a decent margin getting down uh to 113 and30 at the low today, but now rallying back up.
Everything is just in oversold beyond oversold territory due for a bounce. And much like the Sandis chart, what is on this chart, guys? A nice low pivot in the middle of that M pattern.
And that's going to be the destination for this near-term bounce on NBIS 14561 on the chart. NBIS 14561 on the chart.
What this channel has said about $NBIS
Verified Investing has 3 calls on this stock; only the adjacent ones are shown.