The Long Investor
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$IWM
🕑 Added 2025-02-07 17:50:38 +0000 UTC$IWM is still being held down by the 50 Day MA and there has been moments where it has broken above this MA but we can see clearly that it is a resistance level.
Price has already pulled back to the 0.618 fib at $220 and there have been higher lows since then, so I believe the market is waiting for the right moment to send this higher
Once the 50 Day MA is flipped to support then I believe this moves up to $245.
