Short
YNDX @upper channel boarder, needs to cool off soon
YNDX had quite a run, broke the prior ATH resistance and currently sits at the upper channel boarder.
RSI asks for a cooldown.
With the first sign of weakness this is a candidate for a short position.
target would be the prior ATH since resistance quite often become support.
RSI asks for a cooldown.
With the first sign of weakness this is a candidate for a short position.
target would be the prior ATH since resistance quite often 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.