Long $GIGGLE
Entry: 30.10 – 30.25
SL: 29.40
TP: 30.80 – 31.40 – 32.00
Watching $GIGGLE print a solid rejection wick at the 29.81 support level tells me the downward exhaustion is finally meeting some real buy orders.
The price is currently attempting to carve out a local bottom and head back toward the MA cloud, making it feel like a quick relief bounce is currently loading.