Chart of the Day: Potential Breakout in Nebius

AI-datacenter-BTT-774959335.jpg

Nebius consolidated for months, but some traders may think the datacenter stock is breaking out.

The first pattern on today’s chart is the long basing pattern between November and late March. (It could also be viewed as a cup and handle following the rally between March and October.)

Second, prices remained above the …

For more, please click here to view the related idea and chart analysis on TradingView.

NBIS_8VRQ4A53.png

Nebius (NBIS), daily chart, with select patterns and indicators, courtesy of TradingView.

Tags:

Share:

headshot-David Russell A7R00277-sept-2025 (1).jpg

About the author

David Russell

David Russell is Global Head of Market Strategy at TradeStation. Drawing on more than two decades of experience as a financial journalist and analyst, his background includes equities, emerging markets, fixed-income and derivatives. He previously worked at Bloomberg News, CNBC and E*TRADE Financial. Russell systematically reviews countless global financial headlines and indicators in search of broad tradable trends that present opportunities repeatedly over time. Customers can expect him to keep them apprised of sector leadership, relative strength and the big stories – especially those overlooked by other commentators. He’s also a big fan of generating leverage with options to limit capital at risk.
Show more

Related articles

Market Insights, Insights AI, and all related pages and content are hosted by TradeStation Group, Inc.

Client Support Icon
Chat Offline