$SHOP TOP 20
Added 2024-06-23 18:39:45 +0000 UTC$SHOP found some support on the 0.38 Fib at $63 which is a typical level for a subwave A to complete and bounce for subwave B before moving lower to complete subwave C.
We can see that into the close the price action was testing the 50 Day MA from below too, so we will need to see if this is acting as a resistance level, I would like this to come down to the 0.5 Fib at least at $62 and I will add again, otherwise I would wait until the 200 Day MA is broken at $69 and flipped to support before adding again.
