The Long Investor
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$EVVTY - RC -
🕑 Added 2025-02-19 12:46:05 +0000 UTC$EVVTY has broken down from its wedge in mid 2024, retested the wedge from below and rejected and has fallen for the last 6 months.
Price is now testing the 0.618 Fib at $79, which is also the 50 Day MA from below this week.
Failure to flip this level back to support and the next test is $70 and below this red line, the bear case is triggered and the next support level is at $48 on the 0.78 Fib.
Bulls want the 0.618 Fib to be flipped and hold, then watch for signs of a reversal.
