$CHTR - WATCHLIST -
Added 2024-07-22 15:21:43 +0000 UTCI have spoken about this company a number of times over the last few months, as I noticed a trend from Superinvestors that they have started positions here or added to their holdings in the previous quarter so it caught my attention.
We have this completing its Wave 2 and Wave C and have been observing its bounce since April and it has been strong.
It bounced to its 200 Day MA and 0.618 Fib, which were conveniently at the same level at $334.
So I am expecting a pull back now to the white fib levels as shown, we can see that the 50 Day MA is at the 0.5 Fib now, making this another confluence level.
A test and hold here and we could have our buy signal.
Fundamentally a very strong company and technically the set up is there too.
This is on my watchlist.
