$IQ
Added 2024-08-19 20:41:53 +0000 UTC$IQ also had a strong day today as it continues to hold the 0.78 Fib at $3 and is starting to show its strength now
The 0.78 Fib has been tested 3 times now and bounced today
We saw what happened with $HIMS today after testing a support level for a number of times.
Earnings are also due out on Thursday before the market opens too, this could be the catalyst that $IQ needs to establish its reversal
Getting above the 0.618 Fib at $4 will mean the 50 and 200 Day MA has been recaptured so this is what we want to see post earnings
I am not adding because I have been adding to other positions lately but I will be happy to see this reverse.
Comments
What happened to this stock today? Bad news before earnings ?.
Joanne Koivuneva
2024-08-22 18:59:04 +0000 UTC
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