Where the sellers regained control
Again looking at RSI divergence coupled with OBV to predict short term reversals for earnings breakout superstocks.
The ideal sell point was marked with bearish RSI divergence and the OBV started to trend down.
The next reversal or maximum point of discomfort was after the retest of RSI being very oversold in conjunction with the price touching the 200 DMA.
The ideal sell point was marked with bearish RSI divergence and the OBV started to trend down.
The next reversal or maximum point of discomfort was after the retest of RSI being very oversold in conjunction with the price touching the 200 DMA.
Disclaimer
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.