Watching for downward momentum to slow and find support above the May low.
Targeting a backtest of the break down area/200MA/overhead downtrend line/uptrend line from March 2020 lows
Analysis seem to like the Q4 guidance they gave and the market is forward looking with the bad earnings and reaction behind them now.
All it has know is how to V shape bounce after fast down side moves.
Targeting a backtest of the break down area/200MA/overhead downtrend line/uptrend line from March 2020 lows
Analysis seem to like the Q4 guidance they gave and the market is forward looking with the bad earnings and reaction behind them now.
All it has know is how to V shape bounce after fast down side moves.