Retested the 200 Day MA today from above and bounced and this is a positive sign but we still have more work to do....I am still only seeing three small subwaves since it bottomed at $84.44, so I want to see at least 5 waves to confirm that the bottom from that pull back is complete.
The 50 Day MA is just above at the blue line at $88.17, a positive sign is a flip here to support and holding above the blue line.
I will likely add again if this can flip this blue line to support.
Peter C
2023-06-27 21:16:32 +0000 UTCStephanie
2023-06-27 14:06:57 +0000 UTC