Nice chart! I hope you don't mind me chiming in with my 2 cents. NU is ping-ponging between the weekly 100SMA and 200SMA, there's a fight going on as to which long-term direction it wants to trend. Your "could target here" line is pretty much at the weekly 100SMA. That line could be the make or break line IMO. The weekly 100SMA is pointing slightly down so yes, it's possible that it could go into abyss. Take a look at the 15min, 30min and weekly charts using 100 and 200 SMA's and let me know what you think. Cheers!
Pennies you're really opening my eyes to look back at the last rejection via fibs -understand now why your targets are so different than mine--and guess whose been wrong lol
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