If we break the current price level, (There is a large lower wick from 11/9/20 which is at the current price level.) I see the trend continuing into the purple price area/200MA marked on the weekly chart. RSI still has room to decline. I'll be watching closely over the next week or so. From there I'd be looking to enter around the purple area and DCA from there. We'll see how the current market conditions play out!
This is just looking at Logitech from a technical standpoint.
The valuations also look fairly decent.
Enjoy!
This is just looking at Logitech from a technical standpoint.
The valuations also look fairly decent.
Enjoy!