The current price is near a type of support base being created possibly. Earnings just happened recently and seems like there were mixed results. Won't get too much into that. However, if you look at the "throw up" emojis, price dropped sharply and price started trading sideways before bulls came back into the market. Let's see if we can get some momentum into this potential move eventually. Bearish volume has dropped since that sharp drop and with price trading sideways while also creating a base of support of some sort, I would like to see price reach the target zone located on the chart. Since September of 2022, price has infiltrated this zone about 4-5 times. Could we get a repeat of recent history?
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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.