$NET - RC -
Added 2023-07-07 14:59:41 +0000 UTCStill seeing a downward trend here with lower lows too, it is taking its time and moving more sideways down, we can see that the climb from $40 to $72 was a lot more abrupt that the descend so far, so sellers have been reluctant but there is no denying that this has more to go to the downside.
Bulls will be watching for the 50 Day MA at $59 now as a potential support line to save this from going down down lower......however, we can see that the 200 Day MA is still at our Wave 3 target, this will not be lost on the market.
