Fibonacci & Technical Analysis: PATH and EZPW in Focus
Description
Tammy Marshall uses Fibonacci numbers and technical analysis to identify support and resistance levels in the market. She highlights the importance of defining risk and setting stops. Marshall discusses UiPath (PATH) noting its pattern of higher highs and higher lows, and its resilience above key moving averages. She also touches on EZCORP (EZPW) as a potentially strong stock in an economic downturn, emphasizing its current setup and the strategy of buying dips in strong companies. Marshall provides an outlook for the S&P 500, offering key support and resistance levels to watch.
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