We have been witnessing an incredibly fast upwards move in CREG stock that is currently halting. The impressive thing is, it follows support and resistance almost perfectly, and it just hit a resistance point. I am shorting because apart from being at a strong resistance, MACD is showing hidden bearish divergence on multiple timeframes and RSI is heavily overbought. I think this is a reliable sell signal.
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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.