Short Term Trading Week Starting: 29th Jan, page-134

  1. 982 Posts.
    lightbulb Created with Sketch. 25
    For LIT-heads, (and I'm one of them):

    There's a bullish divergence on the MACD (see purple)
    NB: that's just a road sign and, as we all know, road signs are not always observed.
    RSI is close but does not confirm MACD signal.

    The 5-wave sell down has not bust support (green).

    LIT.png
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.