The sell-off in Motus has not been as strong as I initially expected and this has raised the question of whether of not the stock has bottomed.
The correction from 13163 to 7890 can be labelled as a double-zigzag. The bounce from 7890 looks strong so I will maintain a bullish stance above 7890 with a buy the dips strategy.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.