Looks like momentum's drying up and a repeat of the new year decline is next.
A divergence between the MACD line & the MACD Histogram as in January looks to be on tonight, (higher MACD peak but lower Histogram peak), should result in a bearish MACD signal line cross.
If that plays out you're also looking at divergence between Price & the MACD line, (thicker lines - higher price peak not backed up by a higher MACD peak).
I think the lower Bollinger band will come into play - currently @ $849
IMO, DYOR
Value at posting: $0.00
long from 925?, page-3
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)