IOT March 15, 24: Fail Breakout
On March 8, 24 the stock 
IOT broke out into new high after earnings but since then struggled to move up further.
On March 15, 24, the stock goes down below the support hence confirming a fail breakout.
The stock is still in a very good uptrend. But it might take some more time to consolidate before a new move from here
IOT broke out into new high after earnings but since then struggled to move up further. On March 15, 24, the stock goes down below the support hence confirming a fail breakout.
The stock is still in a very good uptrend. But it might take some more time to consolidate before a new move from here
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