$BIDU
Added 2024-05-23 15:12:52 +0000 UTCWhen a stock breaks out of a long wedge and bounces aggressively, we almost pray for a pull back and retest of the wedge breakout level
And right now we are getting a test of the 0.618 Fib at $102 and just slightly below is the test of the wedge breakout level.
A hold on this level and we have the higher low retest and a signal to add.
You either take advantage of these holds or you ask why did you buy in the first place?
I know why I bought, technically and fundamentally undervalued and in a market that has initiated its reversal.
Comments
Are we still ok with this dropping to $101 today?
Thane
2024-05-23 19:35:46 +0000 UTC
