$INDI heading back to its main support?

By IboProtrader
INDI did as I expected in my last post on INDI. Considering the general tax selling sell-off in the market towards the end of the year it is possible that it is headed to its main support area around $11, which is nearly 200SMA today. This is a drastic pullback, but SPACs have not found their firm stepping stone to higher prices yet.
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IboProtrader

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