Hey traders, CAPITOL FEDERAL FINANCIAL is in a fake downtrend with shadow cast by sellers and low volume of past sales. By leaning on the TIMEFRAME M 1 we see a marubozu with a low volume of purchase executed before large volume of sales so the title still demands to rise. It is quite plausible to go on the high top which is a comfort zone the symbolic number of...
- PRICE IS AT MAJOR RESISTANCE AND RANGING
- DECLINING VOLUME ON PREVIOUS RALLY - POSSIBLE WEAKNESS?
- RSI IS AT RESISTANCE AND SHOWS EARLY SIGNS OF REJECTION
- STOCHASTIC POSSIBLE CROSSOVER OF %K OVER %D IN OVERBOUGHT RANGE
NOTE: i MAY HAVE ENTERED TO SOON, AS I HAVE NO CONFORMATION FROM MY STOCHASTIC YET (COULD HAVE WAITED FOR CONFORMATION VIA AN EXIT OF...