$IQ - RC -
Added 2023-10-24 13:54:06 +0000 UTC$IQ has been moving incredibly well sideways over the last 3 months and has been using the 0.78 Fib as support, having a good day today and looks to be testing the 50 Day MA at the 0.618 Fib, a flip of to support here above this confluence level would be a big statement.
I believe this can happen if the market continues its optimistic approach today and leading into big earnings.
Getting above this confluence level and $IQ will need to get above the 200 Day MA which is just above at $6, above this level and the bulls are in control.
Impulse wave does not become invalid until a new low is made below $1.65 but we do not want to see it come anywhere near here.
Comments
Showing serious constraint here
Gareth Neary
2024-01-04 19:21:19 +0000 UTCHi, I admit that I'm losing my patience hereπ
ToniSeba
2024-01-04 19:16:31 +0000 UTCItβs holding strong for weeksβ¦
Qubas
2023-10-24 14:11:07 +0000 UTC
