$TECH - WATCHLIST -
Added 2024-06-22 10:59:07 +0000 UTCI like the confluence level set up here, the price action tested the wedge breakout level and is now pulling back and we can see that the price is sitting on the 50 Day MA and the 0.5 Fib, with the 200 Day MA aligned with the 0.618 Fib.....this is infact a double confluence level aligning perfectly.
So this is rare but nice to see, if the price action can hold between this range then this would set up nicely for a retest of the wedge breakout level again and the bull case would be triggered and into Wave 3, where we have this set at $109, at the 1.618 Fib.
Worth being added to your Watchlist.
