Looking for a sell on facebook
- Price way overextended to the upside on the daily timeframe (just like Tesla btw)
- Price retesting top trendline multiple times and rejecting it.
- CLEAR divergence from the RSI in relation to price action
- On a shorter timeframe, it is forming a triangle and let's see where it breaks:
- Price retesting top trendline multiple times and rejecting it.
- CLEAR divergence from the RSI in relation to price action
- On a shorter timeframe, it is forming a triangle and let's see where it breaks:
Note
Still looking for a push even lower. Still holding.
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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.