$IQ
Added 2024-10-07 17:10:58 +0000 UTCNice pull back here so far, moving in line with $NIO
$BABA and $BIDU are still showing relative strength but I believe their pull back will be next and could help $NIO and $IQ pull back further.
We should be watching for a test and hold above the 0.618 Fib here at $2.45, we can also see how the 50 Day MA is aligning with the 0.5 Fib too at $2.65, so this will also be a level of interest to see if we get a hold here.
Comments
Cup and Handle formation can not become invalidated
Gareth Neary
2024-10-07 17:17:51 +0000 UTCA pull back greater than. 5 invalidates the cup and handle?
Brian
2024-10-07 17:16:55 +0000 UTC
