Nu Holdings Ltd.’s stock price (NU) fell in latest intraday trading, while trying to gather positive momentum that may help it rise anew and attack the nearby pivotal resistance of $14.08, as it also attempts to vent off its apparent overbought saturation on the RSI indicators, especially with the start of a negative crossover showing up, amid the dominance of the upward correctional trend in the short term and trading alongside a rising trend line.
Therefore we expect the stock to rise in upcoming trading, especially if it breaches the aforementioned resistance of $14.08, targeting the next one at $15.16.
Today’s price forecast: Bullish
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