WEED - Bearish Divergence
Dear Traders,
As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time.
This bearish divergence happens when we have a new high, but RSI shows us a lower high.
It's time for a big retracement people.
Any thoughts ?
Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!
discord.gg/uGsZMS
As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time.
This bearish divergence happens when we have a new high, but RSI shows us a lower high.
It's time for a big retracement people.
Any thoughts ?
Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!
discord.gg/uGsZMS
Note
As predicted WEED and ACB were going down because of the Bearish Divergence.Now I expect this selling pressure to continu. Our main support will be the 100ma located at 58.97$.
Note
Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! [UPDATED LINK] discord.gg/GMHMq8
Note
[Updated Link]Note
Updated Link
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Publications connexes
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.