If you have a look at the daily chart there are divergences between the fresh lows and the stochastic that have formed. Also divergence with chaikin money flow, RSI and a large divergence with the MACD histogram in the making as well.
Could be telling us something when price is doing one thing and yet the indicators are showing something else? A break above the 5 day MA would be bullish.
Make of it what you will and dyor.
Cheers!
fresh lows, page-39
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