Qurate Retail Long
Mixed signals on this ,
Primary wedge ( white ) got broken but failed to rally due to lack of buyers, Head and shoulders pattern created from a secondary impulse up after break out , sending us to lower levels, secondary descending channel has been created where price consolidates in at the moment,
RSI on Daily shows class A bullish divergence, I was originally long on this and will be for as long as RSI confirms it.
Primary wedge ( white ) got broken but failed to rally due to lack of buyers, Head and shoulders pattern created from a secondary impulse up after break out , sending us to lower levels, secondary descending channel has been created where price consolidates in at the moment,
RSI on Daily shows class A bullish divergence, I was originally long on this and will be for as long as RSI confirms it.
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.