Short update: In the last upload we said to watch for support on the green fib levels and so far it has held the 0.5 Fib very well, so now we want to see a retest of the 0.78 Fib level at $40.56, which is also our blue line, a flip here to support and we have good momentum, obviously still a lot more work to do to recover the large gap drop after earnings but we are watching how to handle when a stock drops unexpectedly like this and the appropriate way to manage your holdings then without panicking.
Reuben Garrison
2023-09-14 17:22:39 +0000 UTC