Multi timeframe analysis, interesting stock here. Currently locked in a distinguished downtrend channel.
Day chart is showing a breakout of falling wedge, bullish reversal however directly above is channel resistance.
RSI approaching overbought levels, trading above 10SMA.
Will likely see resistance around the 14.77 level, around the 8 level appears a good buy to start building a position
Day chart is showing a breakout of falling wedge, bullish reversal however directly above is channel resistance.
RSI approaching overbought levels, trading above 10SMA.
Will likely see resistance around the 14.77 level, around the 8 level appears a good buy to start building a position
Trade active
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.
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.