We have a similar three candle pattern. Downward pressure on the RSI after a negative divergence. Stochastic RSI getting bearish. MACD ready to travel downward. And both times coincide with earnings season. I'm not saying it has to go down. But its sure looks like it.
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.
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.