Will the weekly ma200 be able to stop the correction of SQ at 140?
Or maybe more downside (still big red candle touching ma200 & no sign of dip buying)?
The next supports are 100 & the strong 84 previous resistance turned support which coincides
With an 80% FIBONACCI retracement from the start of M-pattern at 32 to the peak at 284.
With any scenario, Wave 3 shall continue in 2022 coz e-payments are here to stay.
This is not financial advice. Trade cautiously.
Or maybe more downside (still big red candle touching ma200 & no sign of dip buying)?
The next supports are 100 & the strong 84 previous resistance turned support which coincides
With an 80% FIBONACCI retracement from the start of M-pattern at 32 to the peak at 284.
With any scenario, Wave 3 shall continue in 2022 coz e-payments are here to stay.
This is not financial advice. Trade cautiously.