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too much momentum to the downside and almost no countermovement
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@Lumimyrsky 4h RSI at 38. The probabilities for further downside continue to fall.
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@Dirty30 Does this mean that the low has now most probably been reached?
@Dennisje definitely oversold
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@Dirty30 I hope so too, it has already slipped almost 7% again. But to be honest, I don't think we'll see a stronger recovery in the next few months (it would be nice)
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@Dennisje that doesn't have to turn now. For me, these are all probabilities. But there will certainly be a small countermovement at some point.
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@Lumimyrsky That's true. Nevertheless, I always take a relaxed view. The share has made 375% in 2 years, so it's okay to make deep corrections 😁
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@Lumimyrsky but that is also blatant. They simply have a price/cash flow ratio of 4.6 😁 You have to find that first with this growth.
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@Dirty30 Actually, almost everything speaks in favor of NU. However, the downward movement only came to a small extent from NU itself, but rather from the environment.
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@Dirty30 Yes, of course, things go down quickly if something could disrupt the growth story.
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