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Danny Naz: Burry's trading approach involves shorting right side of inverse head and shoulders

Danny Naz: Burry's trading approach involves shorting right side of inverse head and shoulders
Burry shorting inverse head and shoulders

Danny Naz suggests that Michael Burry prefers to short the right side of the inverse head and shoulders chart pattern. The tweet also references NBIS, a stock ticker, but provides no additional context.

Danny Naz has previously outlined key price triggers and entry targets for several stocks, including AVAV, AVGO, BB, BE, and BIIB in recent trading notes. He has also covered UBS's initiation of SKHY with a $204 target, citing a sustained 40% return on equity forecast through 2031 and expectations for memory growth driven by artificial intelligence in a separate report. These updates reflect Naz's focus on technical setups and target-based strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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