For your GU it's struggling to go down because it's at 50% fib of the breakout bar on the daily. Also, near 2400 has been support area since last week. They can break 2400 but it can also rise back up from here just put that in mind. Me if I get a double bottom here at GU I'll take the long. I got no double bottom yet so I'm still on the side on GU.
Edit: Just noticed it just tested yesterdays low also. But I want a double bottom today.
Edit: Just noticed it just tested yesterdays low also. But I want a double bottom today.
Be like water go with the flow
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