$F TOP 20 UPDATE
Added 2023-08-03 17:58:44 +0000 UTC$F has held the 0.618 Fib again at $12.87, after going as low as $12.86 today, this is the third time that the 0.618 Fib has held support.
We can also see that the 200 Day MA is exactly at the 0.618 Fib level too.
A double support like this is always something you want to see, especially on the daily chart.
$F can take its time moving, as long as we see it maintaining this support line.
Worth noting here too that the 50 Day MA has passed through the 200 Day MA already at the start of July.
The trend here favours the Bulls.
Comments
Dropping and pull back, there is a difference. $NIO still has to complete its ABC corrective wave and the 50 will still be above the 200
Gareth Neary
2023-08-03 18:31:32 +0000 UTCAlready a position Gar? I consider, that triple bounce gives confidence
Kristof Van Nevel
2023-08-03 18:23:20 +0000 UTCAnd since the golden cross the price action has been dropping. Interesting behavior
makis
2023-08-03 18:01:25 +0000 UTC
