NBIS stock was predicted to sell off due to an overbought reversal after retesting previous highs, with a significant gap-down potential, and the sell-off occurred as predicted.
"When the when NBIS tested support, came back up to retest, it was a perfect overbought reversal... This was a textbook setup for an overbought reversal from the RSI to the MACD... retesting previous highs, there being a gap down potential... the potential for this thing to sell off was so much greater than the potential of of loss... But guess what? I didn't take this trade. And guess what? It went exactly according to plan. It ended up getting rejected at the same previous highs and from overall highs."
