Behaving itself nicely here and moving in a corrective wave as shown after holding on the 0.38 Fib at $22, so we are looking for more of a bounce here to Wave B but want a rejection before making a higher high from the end of Feb, achieveing this rejection and we can look forward to this coming down lower to the 0.5 Fib at $21....where the 50 Day MA is at right now.
I expect many of our members will add here or start positions at this support.
Matt
2024-03-24 20:05:28 +0000 UTC