The Long Investor

$DG - SAFE HAVEN -

Added 2024-01-24 21:47:47 +0000 UTC

Starting to see a bend in the price action now and a test of the 50 Day MA, I would like to see the price lose this support and come down further, we can see that the covid low line cuts through the 0.38 Fib at $125, so a retest to at least here would suffice for us to complete Wave 2.

I have also added in the impulse counts here and we can see that there is a potential V shape recovery here if this pull back can hold at one of these white fib levels as shown....this is also one of our safe havens, so a buy and hold strategy here during a market correction, coupled with a potential V shape recovery, makes this very attractive shortly.