The Long Investor
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$BLDE
🕑 Added 2025-04-28 18:52:42 +0000 UTC$BLDE had a difficult earnings in March and was unable to find support on the 0.78 Fib at $2.70, price has since dropped to the last Fib support level at 0.887 and has so far managed to hold support and make a higher low.
Price action is still below the 50 and 200 Day MA but I can see three waves in this pull back, so a potential impulse wave is still active.
What we need to see next is a series of higher highs and higher lows and we can expect a new impulse wave to form.
The low risk entry is waiting to add once the 50 and 200 Day MA is converted to support above $3.40.
Comments
Ragin_Savant
Testing that 200 day!
