LMND looks bearish here and may be heading back down to the support of the 0 fib below. As it becomes oversold it may provide a prime opportunity for a bounce entry, although safer would be entry at fibs above.
Note
Perhaps we are seeing the beginning of the reversal! Nice move today, still waiting on the cross of the fib above for entry.
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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.