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Floating Island Reversal Pattern
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Stock Of The Day: Floating Island Reversal Pattern In Nebius?
Benzinga· 2025-08-20 16:50
Shares of Nebius Group N.V. NBIS are trading lower Wednesday. They may be on the verge of filling a gap to the downside.This action would make a classic ‘floating island' pattern appear on the chart below. This has bearish implications and would suggest a new downtrend is forming. This is why it is our Stock of the Day.When buyers or sellers are aggressive, they can move stocks. They can even make a stock open at a price different from the one at which it closed.Because there is no trading between the openi ...