By Licia Leslie
August 24, 2025
Hi Shoppers,
NuScale Power (Ticker: SMR) is sporting a change in trend candle after this massive selloff of $22 since July 28th:
Wednesday’s action created a bullish piercing candle right at the pitchfork support, which is exactly where we want to see it.
Friday gave us confirmation with bullish action.
SMR looks primed to rally to at least $39.31 with RSI turning bullish and MACD just beginning to curl up.
Trade Review
That hammer in PLTR proved to be the change in trend that stock needed as it traded over $163 on Friday. Yes, I know the overall market was up massively but still a nice call I think the stock is still going higher.
Thank You For Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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