Stock is much better valued now and buyers may come in soon, as stock is at first support (green line) and monthly price came down to cloud. If price goes below Monday's low then we can see stock retreat to 122-110, between dashed yellow lines.
Note: Any calls I buy are day trades or short term swing. I am looking for a market bounce soon, and eventually further stock correction.
Note: Any calls I buy are day trades or short term swing. I am looking for a market bounce soon, and eventually further stock correction.
Note
bought a small position in the stock today.
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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.