Barclays – Poised for correction
Barclays is one of the volume leaders today. The stock appears priced for a correction –
Bearish price RSI divergence on the 4-hour chart
Overbought on the daily chart
Stuck at weekly 100-MA
Thus, a minor pull back to 200 from the current price of 2111 appears likely.
Bearish price RSI divergence on the 4-hour chart
Overbought on the daily chart
Stuck at weekly 100-MA
Thus, a minor pull back to 200 from the current price of 2111 appears likely.
Related publications
Disclaimer
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.