Panjang
Buying the dip! WISH to $22
The pullback continues, but the mission remains the same; the fundamentals remain the same. This is nothing more than an opportunity to load up more shares. Reminder: 7.7B market cap. Last quarter revenue: 772 million... This is a stock you hold when you can get it at these prices.
I am expecting the local bottom to form at $11.30ish as there is a nice volume shelf there. I have buys set at 12.35 and 11.40, which should give me an average buy in price of around $11.80, considering my other buys.
Technical analysis:
We failed to pass the $15 supply zone. We're simply heading down to $11.30, grabbing liquidity and will reattempt to breach $15. I am eyeing the 38.2 retrace fib for a bounce. I think price will respect those trend lines, even though it's rudimentary, I find success with this sort of method and I'm sticking with it.
Disclaimer: this is not financial advice.
I am expecting the local bottom to form at $11.30ish as there is a nice volume shelf there. I have buys set at 12.35 and 11.40, which should give me an average buy in price of around $11.80, considering my other buys.
Technical analysis:
We failed to pass the $15 supply zone. We're simply heading down to $11.30, grabbing liquidity and will reattempt to breach $15. I am eyeing the 38.2 retrace fib for a bounce. I think price will respect those trend lines, even though it's rudimentary, I find success with this sort of method and I'm sticking with it.
Disclaimer: this is not financial advice.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.