$OPEN - RC -
Added 2024-01-17 19:00:32 +0000 UTCAt a very important level now for $OPEN, for the last 9 months $OPEN has been moving very well and bullish, holding at strong Fib levels and moving in structured counts.
The market pull back has $OPEN back at a confluence level of the 200 Day MA, our Blue support line and the 0.618 Fib at $3.
If the bulls are able to hold this level, this can start moving higher for our Wave 3 target at the 1.618 Fib.
Losing this level and it is down to test the lower Fibs but obviously weakness will be shown here then and will be in the hands of a the market to turn around too.
Comments
So when do you think is a good time to enter? Wait for it to bounce, pull back and make a higher low than today?
Tomer Altman
2024-01-17 19:03:24 +0000 UTC
