Is just at the lower limit of the trend line now in the wedge, a break down here and this is at the 0.618 Fib at $86.91...the blue line is at the previous low at $84, below this level and we are into the buy zone....this is very little room for error to stop this breaking down into the buy zone.
On the chart, $100 again has been the fair value level for a number of years, so right now we are under that and in the buy zone we will certainly have our margin of safety.
Strong Buy in the Buy Zone.
Logan Shaffer
2023-06-25 15:18:16 +0000 UTC