$SE
Added 2023-05-25 19:47:45 +0000 UTCHere we are exactly at the 0.618 Fib level, even losing the 200 Day MA to hit our target.....now the big question is whether or not it is going to hold. The 0.618 Fib level is the ideal spot for Wave 2 to complete and bounce and as we know, the lower it goes below the 0.618 Fib, the weaker the structure gets, however it is still valid as long as it stays above the 0.88 Fib.
The sharp decline is likely brought on by their missed earnings, after successfully beating earnings for the last year.
Comments
Has this lost support?
NM
2023-05-30 19:40:46 +0000 UTC
