Managing to hold onto the wedge line so far after a really aggressive opening, market did not take the stock split news very well but if it can stay within the wedge and maintain the trend line support, it still has a chance to break to the upside....I know a few people bought this but I hope it was just small amounts and the lesson can be taken here to wait for confirmation, I put the blue lines on the chart to show support and resistance lines and the blue line in this case was the a previous reistnce/support line, so it needed to flip this from resistance to support and it did not do this at all.
Francisco Martin
2023-04-17 20:05:25 +0000 UTC