At 79-80. Negative MACD restrengthened on 4 hr and daily.
Daily MFI at lowest since April, while Accumulation at lowest since September.
Bull case: Recent gaps are filled, MFI getting close to oversold, RSI on its way towards oversold.
Bear case: Retest to 79-80 entirely possible with restrengthening of negative MACD on higher tf. 3 day and weekly MACD looking to possibly go red in the next week or 2.
Waiting on more candles to see if a pattern emerges on that down trend in black.
Not advice. DYOR.
Daily MFI at lowest since April, while Accumulation at lowest since September.
Bull case: Recent gaps are filled, MFI getting close to oversold, RSI on its way towards oversold.
Bear case: Retest to 79-80 entirely possible with restrengthening of negative MACD on higher tf. 3 day and weekly MACD looking to possibly go red in the next week or 2.
Waiting on more candles to see if a pattern emerges on that down trend in black.
Not advice. DYOR.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
