EXPI finding technical support at these levels?
EXPI is trading over 50% off the high of a run up that culminated in one last push ahead of the announced stock split. At around $90 a share, the stock appeared overvalued on several metrics and post split, immediately sold off...and violently so. Add in the uncertainty that rising rates throws in to the picture and yes there is good reason to see this pullback to more reasonable levels. I have been waiting for a good entry point and i think these levels around $42 look reasonable for a trade, showing some technical support here.
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