trend up
I see double top On daily charts, MACD is overbought and has made a double peak. We are a long way from the 200-day averages. Indicators constantly give signals for correction.
BUT, if we follow the past years, it would not be wise to expect a drop such situations.
Again, when we examine the old movements, the most effective signal is the daily RSI. Whenever we see a lower top, we have to be careful. Until then, drops are buying opportunities.
Our short term regression channel can be used to swing trade.
It is not investment advice.
BUT, if we follow the past years, it would not be wise to expect a drop such situations.
Again, when we examine the old movements, the most effective signal is the daily RSI. Whenever we see a lower top, we have to be careful. Until then, drops are buying opportunities.
Our short term regression channel can be used to swing trade.
It is not investment advice.
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