- Stoch RSI is oversold.
-RSI has been consolidating for some time now.
-MACD looks like its about to cross over to the buyers side.
- Price has been hovering at the 618 level.
- We are currently waiting for wave 5 to hit the 161.8 level at $106-$107.
- We see that same pattern behavior at wave 3 with some consolidation/speculative movement.
I'm guessing the reason why its dipping is because of the current market situation with the short squeeze.
Hopefully we can see some upward movement before earnings.
RSI indicates still neutral at 52
MACD shows small buyer volume
STOCH RSI indicates crossover towards bullish
