Bullish divergence on SPXS
SPXS has been slowly gaining strength. The RSI is reversing from oversold territory while the OBV bounced off a support.
Similar price action can be seen before the March pump.
With the S&P and major tech stocks at all time high, it may be wise to get a hedge. In addition, US election limbo may lead to high volatility in the coming weeks.
This is a short term trade. Do not hold long term due to its decay.
Price targets:
4.85
6.5
Note:
This is not financial advise. Please do your own research.
Similar price action can be seen before the March pump.
With the S&P and major tech stocks at all time high, it may be wise to get a hedge. In addition, US election limbo may lead to high volatility in the coming weeks.
This is a short term trade. Do not hold long term due to its decay.
Price targets:
4.85
6.5
Note:
This is not financial advise. Please do your own research.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.