Right hand side - Daily chart
Left hand side- Weekly chart
The bearish divergence is quite clear. The price is sliding higher against the trend line, while the RSI is moving in a downward channel. Unless, the RSI breaks higher, there is little reason to believe the stock could rise further.
Over here, the RSI is sowing a bearish divergence...while the MACD is showing the loss of bullish momentum.
Overall, it appears the stock is poised for a much needed healthy correction to 600-580 levels.
Left hand side- Weekly chart
The bearish divergence is quite clear. The price is sliding higher against the trend line, while the RSI is moving in a downward channel. Unless, the RSI breaks higher, there is little reason to believe the stock could rise further.
Over here, the RSI is sowing a bearish divergence...while the MACD is showing the loss of bullish momentum.
Overall, it appears the stock is poised for a much needed healthy correction to 600-580 levels.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.