I am thinking it should hit $37 first liquidating some people out and refilling the bags with the people who got liquidated and continue the ride upwards again.
Typically stocks would find a big capitulation point before riding the move upwards in the bull market.
HOWEVER don't forget that the perfect buying moment (dec 2022) is already in the past and the later you get in this market the more difficult it is and the less gains you will see
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