Another perfect test on the $4.82 level today which is also the 0.5 Fib and 50 Day MA and held.
To go through an earnings week, with a double miss and there is no break down of structure or losing any of the levels we have been watching closely, I feel is a positive sign....this could have been a lot worse! But so far, the market is showing that the bad earnings may have bean factored in.
A hold above this level going into the weekend would be a good sign.
Gareth Neary
2024-06-07 14:42:02 +0000 UTCAdam L
2024-06-07 14:39:46 +0000 UTCNick
2024-06-07 14:36:09 +0000 UTC