$IQ
Added 2024-06-12 10:46:32 +0000 UTC$IQ has pulled backed now to the 0.618 Fib which happens to be exactly at the wedge breakout trend line.
This is where $IQ needs to hold support and bounce from here.
Falling back into the wedge will not be a good sign, the impulse wave isn't invalid but it is not a good sign losing this strong confluence level.
Fundamentals remain strong with $IQ too, so it is in a position to move higher once support is found.
I am holding onto my position and may add when we get the reversal confirmed.
