$BEAM - RC -
Added 2023-11-27 16:35:39 +0000 UTC$BEAM has been moving well since the end of October too since completing Wave C on our chart.
The price has since broken out of this long wedge, successfully back tested the wedge from above and bounced and is now testing the 200 Day MA at $29.40 today.
We can also see that the price action is trying to stay above the blue line too which had previously been a support line in the past, before losing it in August this year, staying above this blue line and getting above the 200 Day MA should keep this moving up our impulse wave with no issues.
Comments
Thanks Gar will review .. it's about what I had https://twitter.com/tempo_cap/status/1727094115161247756?t=W_quzHL4AxQYRX1TWMRxJg&s=19
TommyJR
2023-11-27 21:02:03 +0000 UTCThanks, Gar!
Thomas
2023-11-27 16:48:59 +0000 UTCI certainly think there is a strong argument for this.....small caps are offering a lot of value right now
Gareth Neary
2023-11-27 16:46:37 +0000 UTCAnother thought: It seems to me that we are seeing some risk-off behavior. Would you support that? Do you think we're going to see a run of the small caps that have been lagging?
Thomas
2023-11-27 16:45:44 +0000 UTCGreat to see this name here. Would be interested to see your comparison between $BEAM, $NTLA and $CRSP from an EWT perspective.
Thomas
2023-11-27 16:40:16 +0000 UTC
