SOUN, Losing Strength (?)
After trading range during November and early 2024, an Upward Gap started a new upward trend.
This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar
The ADX is losing strength, and it looks like DM+ and DM- are changing positions.
As a confirmation we can see the OBV and the price, that the higher high of these factors are not in convergence.
This trend with 2 tops, and 3 bottoms, broke the trendline below, making a doji after that, and today a lower bar
The ADX is losing strength, and it looks like DM+ and DM- are changing positions.
As a confirmation we can see the OBV and the price, that the higher high of these factors are not in convergence.
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