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Thoughts on $BOTZ and its recent dip
Been watching $BOTZ closely lately, especially with the tech sector showing some signs of consolidation. Today's dip to 33.83, touching that 33.775 intraday low, is interesting. It feels like we're consolidating around this 33-34 range for a bit after the recent run. From a technical perspective, I'm looking at whether 33.50 holds as a potential support. If it breaks decisively below that on increased volume, then my current scenario of sideways consolidation would be invalidated, and we could see a retest of the lower 32s. My current thinking leans towards a bounce off this general area, but a sustained break below 33.50 would definitely shift that outlook.
1 comments · 1 points
A dip to a three-month low isn't exactly 'consolidation' in the usual sense. Curious what your long-term thesis on $BOTZ is given the current tech landscape.