Overbought with RSI set on 70. Not quite overbought with RSI set on 80.
Price is over the top band set on an 80 DMA which is also an overbought signal. Price can remain overbought for extended periods of time.
Earnings beat.
Possible Cypher or a Shark that is known to reverse at the end of the final or 4th leg.
No recommendation.
A lot of green equals a lot of buyers who can become potential sellers.
Price is over the top band set on an 80 DMA which is also an overbought signal. Price can remain overbought for extended periods of time.
Earnings beat.
Possible Cypher or a Shark that is known to reverse at the end of the final or 4th leg.
No recommendation.
A lot of green equals a lot of buyers who can become potential sellers.
Commentaire:
Note: W patterns usually reverse at the end of the 4th, or last leg up. They begin with a 1st leg Down.