The Long Investor

$TEM - WATCHLIST -

Added 2025-02-26 11:47:17 +0000 UTC

I know a lot of members were keen to chase this but hopefully resisted when it was running from $50 to $92 but now you have a chance to get a lower risk entry and back down at a price before it ran.

What I am watching now is if this pull back to the 0.618 Fib at $54 yesterday is Wave 2 complete, if the price can hold above $54 (and it is up +4.5% in the PM) then we must assume that Wave 3 is next, with a PT at the 1.618 Fib at $152, this would only be confirmed once the blue line is crossed at $79.

That being said, buying when support is found above $54 would still get you healthy returns even a retest of the blue line from below.