I drew this box to include the low that went to $43.17 It went to that and turned things around. someone said it wouldnt go any lower than $47.00 well it went that low and lower. This box shows that ibit is above the 50 percent line . Its above the 200 day moving average. which some people consider this a buying zone. personally i bought when everthing was down because i knew this market would come back like it has. Make your own decisions about this, but I grab as much as i can because this market isnt going anywhere. I am in my 50s and the market is still here. Buy quality stocks such as Apple ,Amazon and tesla and so on. you have to ask your self why is this market down , the companys are stll growing, such as apple. well happy trading.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.