Stock currently showing classical RSI Divergence case where price has made a Lower Low and lower high on Major support zone but at the same time RSI is making HH and HL.
This can be a major turning point for stock to start up-moving only in case if it continues to make HH and HL.
RSI divergence is just a price behavior indicator which give indication of demand at demand zone and a confirmation of is always needed to support this fact by stock behavior making HH and HL.
This can be a major turning point for stock to start up-moving only in case if it continues to make HH and HL.
RSI divergence is just a price behavior indicator which give indication of demand at demand zone and a confirmation of is always needed to support this fact by stock behavior making HH and HL.
Сделка активна
Moving as expected. Partial booking can be done now at this level. Further to be hold with Strict SL.
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Похожие публикации
Отказ от ответственности
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.