NBIS is trading at $89.50, down 4%, reversing gains from a strong three-day rally and signaling profit-taking pressure.
- The preceding three-day rally had added 23.57% to the stock price through December 22.
- Technical indicators had warned of overbought conditions, with RSI near 72 and KDJ saturation at 85/80, signaling potential pullback risk.
- The stock is currently finding support near the $91.10 level and the 50-day moving average around $88.