Pulled back to the 0.78 Fib level, held well and bounced, it is moving nicely here so I expect this trend to continue at least until the blue line again at $2.95, if the bulls can step in and push this higher to a new high, this will confirm the bull case and Wave 3.
If the price action loses the 200 Day MA at $1.28, it is likely to come back down to the bear case and test the 0.78 Fib level again.
Grouphome
2023-10-24 23:13:54 +0000 UTC