RH
Short

RH Possible Short Opportunity

94
Descending Triangle. Lower Highs longer term vs the . Started with a bearish harami.

RSI stuck in the middle.

MACD is looking to turn positive on the daily, but without anything to really boost it, it could be short lived. 2 hr and 4 hr MACD are both looking weak 2 hr with a pop of strength just now, 4 hr still looking for red. Weekly MACD is also looking to go red.

May see a fake out on daily temporarily.

Being around ATH not a lot to draw on for supports, what I can find are the dashed lines. $189.91 with minimal support, $173.93 with much more support and just follows gap fill at $175 and change.

This is not advice.

Fakeout over next day or 2 is entirely possible then a drop to or below support at $207. If it proves to be a descending triangle, would expect it to break below. $228 and change would invalidate the lower highs and possibly the triangle.

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