Back out of the wedge again and resting on the 50 Day MA on the 1hr chart.
It is a tough day for any stock today but especially one that is just about to find its feet again and trying to reverse.
Sideways movement here would not be a bad sign as it weathers this storm.
Staying above the blue line is important, we know that below $84 is the buy zone....but still a bit to go before it tests this level.
Pierre penasa
2023-08-04 10:32:58 +0000 UTCMakis Dimakis
2023-08-02 22:54:53 +0000 UTCJeff Yi
2023-08-02 22:30:36 +0000 UTC