$IQ
Added 2024-07-26 11:57:40 +0000 UTCThe infamous $IQ!
Yes there has been weakness and a sell off since its earnings but it has come back to test its 0.78 Fib again at $3 and has so far found support.
We thought it was undervalued when we first bought and we still think its undervalued now, across all metrics.
Price is still below its 50 and 200 Day MA so risks still exists so I will not be adding to my position until these levels are regained.
If we can start seeing a move back up to $4 and convert this 0.618 Fib to support, this will be steady progress.
