New Historical Lows-Bullish Retest or more Bearishness?
I am pointing at this stock because the last monthly candle has recorded a historical monthly low since 1986!.
Would we have a bounce back to at least test this monthly S/R? Are we going to have more bearish levels?
In Daily, we have a bullish divergence on both MACD and RSI and a relatively strong volume on the last candle.
In H2, the divergence is clearer.
Would we have a bounce back to at least test this monthly S/R? Are we going to have more bearish levels?
In Daily, we have a bullish divergence on both MACD and RSI and a relatively strong volume on the last candle.
In H2, the divergence is clearer.
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