The recent parabolic run in price may have come to an end, as major technical weakness, reversal signals alarming for a potential top.
-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February
Add to that, the bubbly behavior of the shares in the past few months
twitter.com/thefxchannel
thefxchannel.com
-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February
Add to that, the bubbly behavior of the shares in the past few months
twitter.com/thefxchannel
thefxchannel.com
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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.
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.