$ONON
Added 2024-03-14 09:42:01 +0000 UTCWe wanted the dip after earnings down to the 200 Day MA to get this cheaper but we were presented with a very aggressive flush down to between the 0.78 - 0.887 Fib and also held the bottom of the wedge too.
This was an opportunity I could not ignore and added, which was the plan before earnings if this opportunity presented itself, so I stuck to the strategy
The price action has jumped 18% since.
The impulse wave is perfectly in tact here and a retest of the 200 Day MA again is still possible at $29.50
Once the price can hold above the 200 Day MA and wedge, then Wave 3 is next at $39.
Comments
Hi there, I am new here. I don't really understand this post. What is the buy point? The current price is $33.28.
Mark
2024-03-14 12:10:38 +0000 UTC
