Some consolidation now above the 0.618 Fib after a 3 wave pull back and along the blue support line
Remember we are in the Buy Zone, so I do believe the price is undervalued here with a margin of safety, both fundamentally and technically.
RSI is also showing a recovery too on the daily chart and starting to move out of the extremely oversold territory to 30
These are bullish signals
A hold above $69 and I believe this can move higher next
I do have a sizeable position here.
Robert
2025-03-12 23:35:46 +0000 UTC