Market finished full Elliot wave 1-5 and ABC correction, market has to fill the gaps it made going down so that is where are targets are.
Entry: 74 (Now because we just bounced off of an demand zone and 50% fib zone)
Target 1: 97 (First gap zone)
Target 2: 116 (Second gap zone)
Invalidation: 66 (Just below demand zone)
50 week lows for Logitech with good earnings - big upside (analysts suggesting $160 = 99% from here).
Good technical at this level - support, bullish divergence, gaps to fill, money flow low etc.
Good chance for a bounce from here in my personal opinion.
** NOT TRADING, FINANCIAL OR INVESTMENT ADVICE **
![LOGI: LOGI Great Entry $80 [LONG]](https://s3.tradingview.com/f/FMycLoEk_mid.png "LOGI Great Entry $80 [LONG]")
