FSLY | Divergence | 1 Hour | Short Opprotunity
Updated
FSLY broke a new high on Friday of around $88.
Indicators are showing bearish divergence in the 1 hour time frames, meaning the price has reached a new high, but the relative strength is getting weaker.
This also means that there were more sellers than buyers, and the price is being manipulated.
Indicators are showing bearish divergence in the 1 hour time frames, meaning the price has reached a new high, but the relative strength is getting weaker.
This also means that there were more sellers than buyers, and the price is being manipulated.
Note
We had a pullback today with a very low volume.I don't think it a strong bounce until the long show strength by breaking a new high.
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