The move is happening, back up to the 200 WMA we go and we have been patient with this one and many have been tested....but when this happens, you need to revert back to the fundamentals and the chart and you can quickly see that it is an undervalued position technically and fundamentally very strong.
On the chart, the pattern has repeated twice over the last 4 years and this is a good indication of what may happen next.
But First, let's see the price action flip the 200 WMA back to support at $116 before we really get excited.
Remember, the price is still in the Buy Zone right now.
Martechnic
2025-05-11 17:41:45 +0000 UTC