This pull back could not have worked out any better so far, the price finished exactly at the confluence level yesterday above the 200 Day MA, between the 0.5 - 0.618 Fib levels.
So let's wait for a hold of support here
We spoke about this in the chat group yesterday, this is the first low pull back, we don't buy on this pull back, we wait for a higher low next before adding.
All we need to see now is a hold between here and the 0.618 Fib at $269, followed by a higher low and we should be considering a position.
Nick E
2024-09-25 12:30:33 +0000 UTCSunja C
2024-09-25 11:43:29 +0000 UTCAL
2024-09-25 10:48:54 +0000 UTC