Overbought on weekly and daily RSI, not monthly. Rising wedges noted in chart. Just beware as rising wedges are most often bearish.
By looking at chart, I would think a pull back is coming very soon, although monthly candle looks good as does weekly candle. Just because it is overbought and a lot of green leading up to recent high. I would think someone is going to sell soon.
Possible stop below 18.5
I do not own this and it is Not a recommendation.
By looking at chart, I would think a pull back is coming very soon, although monthly candle looks good as does weekly candle. Just because it is overbought and a lot of green leading up to recent high. I would think someone is going to sell soon.
Possible stop below 18.5
I do not own this and it is Not a recommendation.
Comment:
may encounter R at 43 to 44ish from old high. 20 yr high is 51.80