Duolingo has been consolidating after a strong 2023 and is now between the yellow trend lines between $250 and $171
Failure to hold $171 and we would be watching for $DUOL to hold support on one of the green Fib levels at $153 or $131 to expect a continuation of this impulse wave higher.
We also may see a bounce on the yellow trend line and recapture the 200 Day MA at $190 and continue to consolidate, it is not yet clear which direction this will go next.