RSI Weekly Falling Wedge
Weekly chart.
RSI falling wedge with a bullish RSI target of 94.82.
Expecting retest of this wedge before lift off.
To support this, trend is still unchallenged on the weekly chart, as you can see.
Lastly, the EMA 20 and 55 are about to kiss on the daily chart, which happened last time we retested our major trend line.
Price target: 152157 in next 4-8 weeks.
RSI falling wedge with a bullish RSI target of 94.82.
Expecting retest of this wedge before lift off.
To support this, trend is still unchallenged on the weekly chart, as you can see.
Lastly, the EMA 20 and 55 are about to kiss on the daily chart, which happened last time we retested our major trend line.
Price target: 152157 in next 4-8 weeks.
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.