One of my favorite setups. RSI, MACD, and OBV showing divergence and is currently trading below the declining MA 20 & 50
Trendline break on the daily, we should see this start to sell off (impulsive break)
First target $240 level near MA 100
Second target $225 near MA 200
Trendline break on the daily, we should see this start to sell off (impulsive break)
First target $240 level near MA 100
Second target $225 near MA 200
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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.