navi7182

$PHUN gap fill to the downside before next leg up.

Long
NASDAQ:PHUN   Phunware, Inc.
Hello everyone,
$PHUN has a gap to fill down towards $1.67 fib level, then will retrace back to $2.12 and ultimately pushing higher. I think we will see consolidation in this area until the next news is released or if it runs as a sympathy play if and when $BTC.X continues to rise.
Hope this helps.

Will look to buy back in at $1.67 or below, sold earlier on the run up for profit, now will buy back in lower than original cost.

Best,



Navi

Disclaimer

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.