Just having a look at the chart for the first time in ages i...

Just having a look at the chart for the first time in ages i noticed a text book divergence setup, using the stochastic indicator.

Have a look at the stochastic at the bottom of this chart and note the first high on the 25th June then the second higher high on the 9th of July, the stoch bands are lower on the the most recent high showing divergence and a shorting opportunity. The opposite applies for convergence trades.

I know its great in hindsight, but its something i look out for.