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The Long Investor
The Long Investor

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$EL

$EL is still in search of that support level that has not come since early 2021

Price action was getting some attention last month after it was revealed that Burry has started a position but there has been a rejection at the 0.78 Fib at $85 and the price has pulled back to $67 now.

A lower low is possible here next and the final Fib support level is sitting exactly at $50 now, this level needs to hold now or this is in danger of reaching below $10 next

The 200 WMA is still at $200.

$EL

Comments

Thank you

Yasser Etman


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