Ok folks, everything is aligning here for $IQ:
Held between the 0.78 - 0.618 Fib for Wave 2 and entering Wave 3 now
Broke out of its wedge, which has been in place since the start of 2023
Above the 50 and 200 Day MA
Rested the 200 Day MA today and held and bounced
Earnings released today and it was a smash hit: EPS beat by 49%
The 50 Day MA is about to cross through the 200 Day MA for a golden cross (bullish)
Fundamentals: FWD PE: 8 and positive growing margins all round.
Wave 3 target is at $13, current price is $5
Fundamentally and technically aligned as undervalued
Verdict: BUY, RIGHT NOW.
A V
2024-08-09 21:14:08 +0000 UTCheng ong huat
2024-05-17 08:06:25 +0000 UTCDV
2024-05-16 20:31:23 +0000 UTCAndreas
2024-05-16 20:29:30 +0000 UTCMagi
2024-05-16 20:07:59 +0000 UTCRobert Page
2024-05-16 20:05:03 +0000 UTCPatrick F
2024-05-16 19:00:03 +0000 UTCVojtěch Pavel
2024-05-16 18:10:14 +0000 UTCAndrew Hopper
2024-05-16 17:54:58 +0000 UTCkensan
2024-05-16 17:43:37 +0000 UTChhtrade
2024-05-16 17:34:56 +0000 UTCGareth Neary
2024-05-16 17:30:47 +0000 UTCDean Garber
2024-05-16 17:29:31 +0000 UTCSven
2024-05-16 17:25:22 +0000 UTCDamien O'Sullivan
2024-05-16 17:18:49 +0000 UTCSofiane
2024-05-16 17:13:55 +0000 UTC