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Bearish Divergence for GBR?
Bearish Divergence for GBR?
By ScotianBot
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Jan 22, 2021
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Jan 22, 2021
GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020.
The RSI looks like it's trading in a Descending Channel.
The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading.
Noticeably the price has broken flush to the downside of a bearish pennant unless it's a fake-out.
bearishcross
Bearish Pennant
Chart Patterns
Descending Channel
GBR
goldstocks
pennantbreakdown
Support and Resistance
Trend Analysis
ScotianBot
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