COMP is currently testing daily, golden retracement and trendline support which I suspect is going to hold considering the hidden bullish divergence signal on 4H stochrsi which usually signals continuation in a trending market. Declining sell volume on this drop in confluence with major support and hidden bullish div makes me boolish at least for the short term.
Targeting $290 - $305 for this next leg up
Targeting $290 - $305 for this next leg up
Note
Target $296 - $313 (4.236-4.618 extension of inital impulse)
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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.