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lillybear
Aug 4, 2021 2:30 PM

NEGG close to reversal Long

Newegg Commerce, Inc.NASDAQ

Description

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.
Comments
tonyliao
good job, keep it up! I bought it at $18.
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