Nothing to say here exept that these levels of RSI has not been seen since IPO of PZZA back in the day. This is troug lands or not and we go sub $30 hitting lower trend line !!!
Trade active
How low should we go to form a "Generational " buying area ? We could argue as low as they can !!!The probabilities we this as the lowest reading on record ever on a monthly scale, should be accepted
as a buying area unless 1929 crash !!!
Trade closed: target reached
MACD is forming a trough or not and we go 1929 !!!Note
All else absolute, MACD is confirming a trough is in already. Or this is wrong signal and we crash !!!Note
Note
Note
2 MACDS...Note
Relative to SPX !!! One of a kind !!! Not seen like this since IPO !!!
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.