Spy at a fork in the Road
We are approaching 3 resistances.
1. RSI divergence
2. Channel reentry resistance (White line)
3. Rising wedge resistance ( Yellow line)
I think we reach all 3 resistances at 453.50 -454. At this point we will need a bigger increase in volume to break through that RSI. If there is a break we could seriously be headed back to 470.
If we get rejected i expect a 2-3 percent pullback and close some of those gaps. I know everyone is calling for a bigger drop I just don't see it happening in the middle of earnings.
1. RSI divergence
2. Channel reentry resistance (White line)
3. Rising wedge resistance ( Yellow line)
I think we reach all 3 resistances at 453.50 -454. At this point we will need a bigger increase in volume to break through that RSI. If there is a break we could seriously be headed back to 470.
If we get rejected i expect a 2-3 percent pullback and close some of those gaps. I know everyone is calling for a bigger drop I just don't see it happening in the middle of earnings.
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.