Price is close to 3 strong resistances:
- the low (88.47) of the sub-wave " i " of the diagonal tringle wave "C" (19 Jun '12 - 19 Jan '16);
- two upper resistances in ascending trading channels (blue and grey lines).
Besides RSI is at overbought 79 level. Thus, waiting a local correction in a couple days..
- the low (88.47) of the sub-wave " i " of the diagonal tringle wave "C" (19 Jun '12 - 19 Jan '16);
- two upper resistances in ascending trading channels (blue and grey lines).
Besides RSI is at overbought 79 level. Thus, waiting a local correction in a couple days..
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Related publications
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.