1- There is no Harmonic formation.
2- MACD has formed Bearish Divergence that can be easily noticed. However, MACD overall direction is Bullish.
3- Stochastic is almost Overbought and it's poised to go down.
4- EMA 20_50_200 are all Bullish.
Weekly Analysis:
On daily, there is a Bearish Divergence in addition to Oversold MACD. It also hit 52 Weeks High (Yellow dot line) which will make the price bouncing back down for a while.
HOWEVER, On Monthly, it has been on Bullish move for a long time.
04/09
2- MACD has formed Bearish Divergence that can be easily noticed. However, MACD overall direction is Bullish.
3- Stochastic is almost Overbought and it's poised to go down.
4- EMA 20_50_200 are all Bullish.
Weekly Analysis:
On daily, there is a Bearish Divergence in addition to Oversold MACD. It also hit 52 Weeks High (Yellow dot line) which will make the price bouncing back down for a while.
HOWEVER, On Monthly, it has been on Bullish move for a long time.
04/09