No changes to our impulse wave here and this is still a favourite of Buffetts, although he reduced his position a small bit.
The price has been consolidating sideways in this wedge since Sept 2022 and can continue to do so until the wedge limits are tested.
Their earnings report was out on Weds and it was a double miss, so this may delay their breakout for another while.
Ricardo Magdaleno
2024-03-01 20:30:01 +0000 UTCGareth Neary
2024-03-01 20:21:53 +0000 UTCRicardo Magdaleno
2024-03-01 20:13:41 +0000 UTC