How many times have we seen this over the years, strong aggressive breakout followed by a pull back exactly to the breakout level again, in this case at $25.
This pattern repeats itself and is found everywhere, the market loves giving you a second chance because humans always want more of a good thing.
This breakout level also aligns nicely with the 0.5 Fib too and the 0.618 Fib is just slightly lower at $22.80 but above the 50 Day MA....so a hold of support particularly at the breakout level at $25 is a buy signal.
Primefolio
2025-01-13 16:09:06 +0000 UTCFederico Salerno
2025-01-08 18:13:08 +0000 UTCGareth Neary
2025-01-08 18:11:56 +0000 UTCZachary Alpirn
2025-01-08 18:03:57 +0000 UTC