$IQ is slowly drifting higher after impressively holding between the 0.78 - 0.618 Fib levels since July.
Now it is starting to make its impulse move higher but the next big obstacle in its way is the 200 Day MA at $5.50.
Flipping this level to support will be crucial, if the bulls can successfully complete this flip, the impulse wave up for Wave 3 is in full control.
Ramon
2024-05-09 13:33:06 +0000 UTC