Bullish Signs:
Bearish Signs:
Not a strong short term play, would classify this as risky if you want to play the short term upside. Less risky playing the middle/long term downside.
- Bullish divergence on the RSI
- Bullish divergence on the MACD
- Double bottom potential (could bounce in that range though)
Bearish Signs:
- In descending channel
- Breakout from rising wedge
- Weak pullback to the wedge
Not a strong short term play, would classify this as risky if you want to play the short term upside. Less risky playing the middle/long term downside.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.