The Long Investor
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$ADUR
🕑 Added 2025-05-23 11:28:29 +0000 UTCWe have likely triggered the Algos over the last few weeks and we can see that we saved the price action from a death cross at the end of April and flipped it to a Golden Cross yesterday on the daily chart
The price has run hot now but still valid as an impulse wave but like $HIMS, we don't want to see a parabolic move further
The 4.618 Fib is at $9.23 which we know is the most extended Fib level....if the price action goes beyond this point then it is a parabolic move for me and we will expect a harsh decline next.
We have two great buys in already but I will not be adding again until we get a healthy pull back.
So let's sit tight, don't get played here and wait for our next entry.
Comments
JG
Would you consider trimming Cap?
Joel (ASTS Fan Club)
Maybe do a trim alert 😂 you’ll get your pull back 😉 On a serious note, I’ve missed the buys on this stock when on holiday, so I’m dying for a pull back and will add when it happens.
