$NEBIUS(NBIS)$ Let's set aside the noise and look at the chart. Going back to mid-April, the price has largely tracked the upper Bollinger Band, with pullbacks holding fairly well at the median line. That's a good sign, typical of an uptrend with gap fills. MACD has turned down, but history shows it rarely stays below the divergence line for long. RSI is cooling off, which could set the stage for the next move higher. The trajectory for AI is only going up, though it will be punctuated by both favorable and unfavorable takes from Wall Street—another term for rotation. I prefer exposure to the picks and shovels of the AI sector since they don't move in lockstep with the hyperscalers. FPS, VRT, NVT, BE, APLD, GEV, INIO should all do well through the rest of the year. The 50-day average is at 204, so don't get too greedy.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
