$F TOP 20
Added 2024-01-21 21:16:20 +0000 UTCThe main area of interest here will be holding the 0.618 Fib at $10.74 and the blue line which is just slightly below at $10.40. This is where the bulls need to defend to show us that this is the start of an impulse wave.
A failure to hold here and we are back into the buy zone and $F is once again showing weakness but it will be at an undervalued level again.
Do I think $F recovers and moves away from this level for 2024?....I have no doubt about it.
$F has been in this situation many times in its 100+ years history, this is a walk in the park for them, they are going nowhere.
