IRBT Retesting Support and Divergent RSI

By ingcarlosmoya
IRBT daily frame shows a hammer candle matching previous support from January. RSI shows a slight uptrend in divergence against price which is in a downtrend with new lower lows. Fibonacci retracement suggests possibles take profit points. Wait until confirmation in lower timeframes so the best entry point could be found.

Disclaimer: This is not financial advice. This is just an idea. Trade under your own risk.
Chart PatternsDivergenceTechnical IndicatorsIRBTsupportTrend Analysis

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