Similar story for $IQ as a lot of stocks lately, more sideways movements and price action holding the 0.78 Fib and below their 50 and 200 Day MA, structure is still in place and we need more strength here.
$IQ has a habit of showing some strength when its back is against the wall and it means that buyers are stepping when they need too.
This needs to continue but for now, no changes to the chart or projection.
Kristof Van Nevel
2023-09-22 20:34:17 +0000 UTCQubas
2023-09-22 16:44:55 +0000 UTC