Starlink with bullish divergence on MACD
Hello again.
The amount of shoulder-head-shoulder graphic patterns is impressive.
What caught my attention at Starlink, is that we may be seeing a bullish head-to-shoulder.
However, we have a bearish head-to-shoulder in red as well.
Which will prevail?
Well, I believe in a reversal of the downtrend, given the bullish divergence on the MACD, with the declines weakening.
Also, theoretically, we've probably already finished wave 5.
If so, we could be on wave 2 correction, to pullback up and reverse for good.
Greetings
The amount of shoulder-head-shoulder graphic patterns is impressive.
What caught my attention at Starlink, is that we may be seeing a bullish head-to-shoulder.
However, we have a bearish head-to-shoulder in red as well.
Which will prevail?
Well, I believe in a reversal of the downtrend, given the bullish divergence on the MACD, with the declines weakening.
Also, theoretically, we've probably already finished wave 5.
If so, we could be on wave 2 correction, to pullback up and reverse for good.
Greetings
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