This is a continuation of my post on February 25.
The price is now in a REC i.e. the price fluctuates between two lines that are not parallel. It's an expression of indecision – investors can't figure out whether to go up or down.
There was a false break-up on May 7. At the time of break one could get the suspicion that the break would be false as there was no support in volume and RSI. But there was not a break the opposite way as we often observe.
The price is now in a REC i.e. the price fluctuates between two lines that are not parallel. It's an expression of indecision – investors can't figure out whether to go up or down.
There was a false break-up on May 7. At the time of break one could get the suspicion that the break would be false as there was no support in volume and RSI. But there was not a break the opposite way as we often observe.
finance.yahoo.com/ne...ation-134636811.html