SGYP has been in a downwards channel for nearly three months. The price made a potential move to break out, but rejected off the 200 hour MA. On this MA rejection and failure to breakout of the bearish channel a bearish divergence formed on both MACD and RSI.
Price targets are listed on the chart. Waiting for a resistance confirmation to enter the short position.
Price targets are listed on the chart. Waiting for a resistance confirmation to enter the short position.
Trade stängt: Stopp nått:
whoops