Thanks for that. My timelines are longer and I’m not looking at it in such granular detail. But you made me look! I stayed on the weekly chart and divergences are common particularly of one or two weeks. There’s no divergence longer than ten weeks.
The only one that bears any resemblance to the current divergence was after the long price fall after listing. In late Sept 2022 the prices diverged in a similar pattern for aprox three weeks. It marked the end of the down trend .
If you zoom out a little the current very short divergence is just noise imo, but if it signals anything it’s most likely signaling the end of the down trend. Which also aligns with the breakout of trend lines of both CU6 and the NBI.
But I’m not trying to figure out what the stock will do next week.
CU6 Price at posting:
$2.16 Sentiment: Buy Disclosure: Held
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