Tracking the RSI and what looks like the early signs of a breakout in the downtrend.
Higher risk here as it's not overly clean, but worth taking a starter.
INTC took a hammering following the last earnings.
Looking at the chart, the RSI is trending upwards while the price has been relative range-bound, the top of which is the open following said earnings.
A close above this, which I believe is imminent, should open up space to the next fib at ~$26.
I'm in a starter long here but a close above $22.25 will be a...
In my view the $140 - $142 level is critical for SOL in the short term. We close above the trendline and it's time to start re-entering long positions with size.
EXTR got hammered on rough forward-looking guidance in their last earnings. After dropping 18% the stock has rallied seemingly on no new developments, actually, the most recent change is there has been (unsurprisingly) litigation opened for the loss.
www.tradingview.com
I'm looking for a sign this rally is failing and I'm focusing on a simple RSI divergence. If...
