Verified Investing on $NBIS (Nov 10, 2026)
After a 5.27% drop broke NBIS below a multi-year ascending parallel channel and a rally to key resistance failed, the speaker says to watch the channel's bottom ahead of Thursday's earnings: holding above 136.03 would give NBIS an opportunity to rise, potentially to 194.
Jump to any passage
Next up is NBIS stock, guys. NBIS stock experienced a day of decline of 5.27%. But I also want to clarify this for you: like the Nvidia chart, these drops were very sharp. It was a very sharp downward move , touching key Fibonacci support levels and breaking through parallel ascending channels that had contained the price for several years, wasn't it?
Therefore, today's price movement was very promising. You can see that we closed yesterday inside the parallel channel. Today the price rose until it reached this key resistance level, but it failed and immediately retreated to close below that parallel channel.
This brings the cycle back to tomorrow, where we see the price rising in off- hours trading because a key component, Coreweave, was rising on the charts before the program started.
But for NBIS, keep an eye on the bottom of the parallel channel in the coming days as we have the earnings announcement on Thursday. Stay above the 136.03 level in the parallel channel, and you will have an opportunity to rise on the charts, an opportunity that could push the price up to the 194 level for NBIS stock.
Watchpoints
What this channel has said about $NBIS
Verified Investing has 3 calls on this stock; only the adjacent ones are shown.