Updating the previous post with more confluence detail.
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chart update
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Weekly chart, getting closer to the 21 EMA
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Chart update
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Note: I have the weekly 21 EMA to buy in long or stop limit to short as previous weekly EMA's in the bull run have done both. Some dropped 5% or more and others, no. The dip you have indicated is most likely the 50 or 55 Weekly EMA.
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Note how the price respects the fib.fan and fib.channel lines
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No change in my thoughts until it reaches the buy zone. I'm looking at a few indicators that will hopefully give me a positive sign to buy. What are these? >Bullish Divergence >Accumulation and Distribution index >Volume >Pattern formation >EMA and SMA