I see this movement potentially setting up. I plan to write on this in a few more days after the stock moves up a little further.
The initial play will be to the downside. The stochastic is overbought and RSI is nearing that area. A drop is coming, but I am anticipating the stock to rise long-term.
Bearish over next month.
Bullish after that
The initial play will be to the downside. The stochastic is overbought and RSI is nearing that area. A drop is coming, but I am anticipating the stock to rise long-term.
Bearish over next month.
Bullish after that
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.