The green trend line is the new option. But stochastic shows overbought.
Plus there seems to be a MACD divergence starting to play out. Prices have made higher highs but MACD histogram (momentum) indicator does not support the higher prices. May still retrace back to the prior trendline support, to approx 0.22-0.23 level. Might place a buy limit at about this level
But this is the market you never know what will happen.
chart, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
