Hey,
this is my first analysis and I'm not a native speaker so please bear with me.
Cathie Wood sold after she bought a bit higher.
Massive downward momentum in price after going sidewards for one month.
I see more downside here, long term support already violated. Next upcoming violation is base of Head and Shoulders.
Fibonacci targets TP1: 43.35$ (6%) TP1: 37.55$ (18%)
Stop loss: 48.20$ (a bit over the bottom of previous sideward move)
this is my first analysis and I'm not a native speaker so please bear with me.
Cathie Wood sold after she bought a bit higher.
Massive downward momentum in price after going sidewards for one month.
I see more downside here, long term support already violated. Next upcoming violation is base of Head and Shoulders.
Fibonacci targets TP1: 43.35$ (6%) TP1: 37.55$ (18%)
Stop loss: 48.20$ (a bit over the bottom of previous sideward move)