Long

MLGO Fibonacci Retracement

Updated

Reached the bottom end of the 0.618 Fibonacci Retracement zone which is statistically the best support level if there is going to be a recovery. July is also statistically one of the best months for stocks to be bullish, I see a potential bounce here with enough volume (average volume today was16mil as of this post) so we can assume there is still vision on this company from investors.

Note

Sorry im new to this idea posting, the first window is the idea in question.

Note

Also not 0.618, I mean the 0.382 bottom level

H-Money

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