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lillybear

NEGG close to reversal

Long
Newegg Commerce, Inc. (NASDAQ:NEGG)  
lillybear Updated   
NASDAQ:NEGG   Newegg Commerce, Inc.
Trend Analysis
2
1
trendanalysis
NEGG made a higher low earlier this week and is trying to find support on the the trend line from its previous 2 lows this year.
On the daily RSI it's showing it's first green candle
Retracement from $70 highs
Needs breakout for confirmation.
Comment:
Sell triggered at $22. Nice!
Will look for re entry when it calms down.
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