NBIS

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Will Storey
Jan 16, 2025 08:47 PM 0 Answers
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Hi Marty, what are tour thoughts on NBIS?  Looks like some serious short covering this week or something.  Stock was showing serious buying well before the good CPI number.  Do you think this is a buy into new highs?  Thanks!

Will,

I am sorry for the delayed reply! GOOD EYE!!!

NBIS is a buy above the pivot point at $38.69. It is trading slightly below that pivot point currently. This stock will be on our ready list Tuesday January 21. It is likely to pull back to its moving average before trading higher. Remember strong sales growth comes before strong earnings growth

 

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