We did stray off topic there so I will try and redeem myself with some charts
It's starting to move into the pointy end, let's see if it plays ball.
There is still a bit of wiggle room. When it started to trend down I was looking at this point at 9c for a re-entry, there were a few points that looked like the right technical play on the 200sma but 10c has held strongly so far. Still not ruling anything out though
There has been a bit of talk about divergence and it is something that I am interested in learning. Hoping someone could give me some guidance here.
The first one I have marked on the chart seems very clear just before the run up, but the second one I'm a bit unsure of. If I measure the bottom of the candles, should I measure the top of the RSI? On the first one it seems that either way it works, but on the second one it looks like the only way it works is if I measure the bottom of both the candles and the RSI
Have I done this right?
IMUGENE CHART. TA only, page-29217
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