Very nice Cup and Handle formed here, with the handled pulling back to in between the 0.5 Fib and 0.618 Fib levels, where the 200 Day MA was waiting, making this a strong confluence level,
A hold above the 200 Day MA at $17 and a reversal can come back up to the two blue line at $20 and $22.
Justus
2025-02-04 09:20:41 +0000 UTC