Stock is going with inside channel. If it breaks upper channel and retests it , we may talk about long position. Conversely, it is going with inside channel and we will watch its moving on it. In my opinion, with the force of bull index, stock goes upper. Also we should consider the total index. NOT FOR AN INVESTMENT
RSI doesnt support the increasing on price and volume is falling. **NOT FOR AN INVESTMENT
As it has formed double top, now support line is broken and we may wait support line to act as a new resistance. If pattern validates we will see 3.70 area. To remind that, double top reversal pattern has high accuracy but statistically 1/3 of them fail. NOT FOR AN INVESTMENT
Negative Divergence between RSI and PRICE. We may open short positions. NOT FOR AN INVESTMENT
Double top has been formed, support is broken by relatively high volume. We may wait retest of support as a new resistance. Profit target is about 6.70. NOT FOR AN INVESTMENT!
Volume and RSI do not support upper movements. I think we will see a reversal action. *Not for an investment.
By looking the graph, we see that MA100, MA144 and MA200 crosses so on the long run , it is a signal for uptrend. Ps: Not for an investment.
There is a divergence on rsi and price. Short term upper price movements could be seen. Not for an investment . This is just an idea of me.