$HD TOP 20
Added 2023-03-26 19:41:25 +0000 UTCAnother consistently reliable member of the Top 20 List, Amber Wave 3 has behaved very well and we are looking for a bounce now to meet the 200 Day MA and then reject and then come down for Wave 5 and into the bear case and buy zone. RSI is right at 30 at the oversold spot, so a bounce is likely.
Very comfortable structure here and no rush to buy in until our buy zone. We know that liquidity may be tightening so builders are under pressure, this will likely bring this down further for us to benefit from.
So What Now?
We wait. It is doing exactly as we expected from it.
