Retrace Back To Golden Pocket between .5 and .618 Fib.
It has broken above the trend line and I believe the stock has bottomed. Even though the price targets have been lowered, it will likely fill the gap in the golden pocket zone. Hence $103 by Feb 2025.
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Candles are knocking at 50 SMA. Could be similar to December 12th, 2023 and onwards.
Catatan
Finally cracked through 50 SMA first time in 10 months. MACD has also crossed above 0 line.
Catatan
Well, damn! Cannot win against a company's gloomy statement. They do have a history of surprising with ER. Last it said something like that and revenue was significantly higher.
Catatan
MACD has turned bullish. Earnings will be interesting.
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And we are oversold on the weekly.
Catatan
Volume is our friend and is picking up. Stock is oversold.
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