What A Change
This market always keeps you on your toes. Yesterday's candle close was impressive for the bulls, engulfing the one of 4/17.and could be the first sign of a trend reversal. The RSI is looking nice with a funky head and shoulders formation. The weekly MACD has flipped a few days ago but not too much volume yet. The daily MACD seems to be lagging the weekly and could be a pretty nice bottom to add depending on how today's candle closes.
Trade active
Look at that close!Trade closed: stop reached
Keep an eye out for an update coming soon.
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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.