Analysis: The RSI (14) on the daily chart is at 65, approaching overbought levels, while the current price of $22.18 is near the upper end of its 14-day ATR range. The stock’s rapid move from $21.50 lacks confirmation from the OBV (On-Balance Volume), which is flat, suggesting a potential reversal. Enter short below $22.10, with a stop-loss above $22.50. Target $21.40 (20-day SMA).
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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.