We showed this potential Inverse Head and Shoulders pattern during the week if the 200 Day MA is not held, it conveniently aligns with the 0.618 Fib at $156, so if there is a flush down to this level and it holds, it would not be a bad level to add to at least catch a bounce for Wave B.
The market and the $QQQ are pushing higher and $GOOG is lagging, I think there is still a opportunity here.
Bercan
2024-10-13 18:16:53 +0000 UTC