NBIS Long Setup After Earnings — 2x on $NBIL — $245 Target

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NBIS Long Setup After Earnings — 2x on $NBIL — $245 TargetNebius Group N.V. Class ABATS:NBISitsSweepedNBIS (Nebius Group N.V.) is an AI infrastructure company providing GPU cloud computing, native cloud services and developer platforms. It has become one of the more closely watched AI stocks in the market. I am watching two events closely today: earnings at 8:00 am EST and CPI numbers at 8:30 am EST. I remain quite optimistic, as Nebius can maintain its cloud growth and reinforce its full year outlook. On a side note, if you have not seen Hell Grind, the AI feature film made on Higgsfield's platform with the compute running on Nebius, it is worth a look. From a technical standpoint NBIS looks quite bullish too. Price reacted perfectly from the 27 April to 4 May NWOG (New Week Opening Gap), and if you look at the OTE (Optimal Trade Entry) lines, the bodies of the candles are respecting them right now, and you can see where the wicks are coming from. 🟢 I will be looking to take a swing long after earnings and the CPI numbers come out. I do not see price moving much lower before going higher. 🔴 These events can be unpredictable, so give them room to make their impact on the market first, and participate after that. 🔴 I do not see price going much lower, but if it does, I am looking at the 0.79 and 0.705 lines, and the 4 to 11 May NWOG. If price displaces much lower, this idea stays valid until we close under 0.79. Please compare what I am saying with the chart — these OTE numbers are all you need to participate yourself. I am taking this trade on a leveraged ETF, $NBIL. ⚠️ Disclaimer: This analysis reflects my personal market view and is not financial advice. #NBIS #Nebius #Stocks #AI #TechnicalAnalysis #PriceAction #OTE #Earnings #CPI #TradingView #NASDAQ