Hi traders, another portion of the analysis that we do on a daily basis! Yesterday´s trade has a big possibility of a winning trade - INSIDERS short, Price Action looks well and psychology behind candles confirms the weakness of Long traders. I am talking about LBTYK SHORT. If you compare SPY and LBTYK charts, especially the last 2 months, you will...
Liberty Global has been accumulating for a while... RSI and MACD are indicating that it might breakup the accumulation zone to rebound... what do you think?
If you're thinking in long-term, you will not buy. The price is below 30MM, and yet, we can't see strong support. The RSI is low, too.