1
Nu Holdings stock price surged more than 11.76% in the last one week.
2
Nu Holdings share (NYSE: NU) price showed a breakout after an accumulation near the 50-day EMA.
3
The price trend analysis illustrates a short-term correction phase in the current quarter.
Nu Holdings Ltd. stock price is up 11.76% in the past week. The stock price showed an accumulation near the 50-day EMA followed by a price surge. The price has a strong resistance at $8.19 the breakout of which may attract more buying volume and the price may surge to test the sellers’ presence at the upper supply levels.
The price trend analysis demonstrates that Nu Holdings stock price persists a bullish outlook and has been following an upward trajectory above the key moving averages. The NU share price is up 65.04% as compared to the six-month timeframe and has yielded a return of 98% on a year-to-date basis.
Moreover, the current quarter hasn’t been that profitable f
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