Long
Possible reversal
Daily trend change will occur if 9.30 resistance can be broken with good follow-through.
RSI resistance that indicated trend change in the past is now being tested. Small inverse head and shoulders in the RSI as well.
MACD has crossed bullish.
Volume increased as the bottom approached and has since tapered off.
Looking for 12 day EMA to become support.
RSI resistance that indicated trend change in the past is now being tested. Small inverse head and shoulders in the RSI as well.
MACD has crossed bullish.
Volume increased as the bottom approached and has since tapered off.
Looking for 12 day EMA to become support.
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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.