Should the price be incapable of breaking shoulder resistance and the RSI unable to show momentum, we may break down to original IPO prices. I'm buying now and if more if this occurs.
Timeline for this price movement can occur sometime next week. Allowing time to consolidate prior to earnings on the 17th.
The market has been responding well to big tech earnings. Meaning focus can be shifting away from macro economic fears.
If we have an exciting and successful earnings, this can be the catalyst for a trend reversal.
My opinion and not advice.
Timeline for this price movement can occur sometime next week. Allowing time to consolidate prior to earnings on the 17th.
The market has been responding well to big tech earnings. Meaning focus can be shifting away from macro economic fears.
If we have an exciting and successful earnings, this can be the catalyst for a trend reversal.
My opinion and not advice.
