Price has continued its move this morning from $113 up to $134 now, holding perfectly on the 0.618 Fib and the yellow support level
Price is now testing the 50 Day MA at $134 now too.
I suspect some resistance will be met here but momentum could carry this higher and eventually move up to the important green line at $141, which we have been waiting for
Flipping the green line to support and this will continue moving higher to our Wave 5 target
Capex spending by the Mega Caps is now confirmed which will directly benefit $NDVA and $TSM.
sage
2025-02-10 16:10:28 +0000 UTC