New chart so hard to extract info but appears to have formed a C&H pattern...
Has broken prior high once and had a throwback to right under long entry level of 48.97...
A throwback is different from a pullback in that price breaks high then comes back down in a small time frame..as long as price does not continue down, they are not an issue. CRSP is one that has throwbacks that are painful at times and price continues down for a bit..
I had to looks at hourly and 4 hour chart to see NV and OBV and it is high
Not quite overbought and I keep RSI on 9/20 and 80/so by the time mine says overbought,..it is really overbought. .
Stocks can trade in an overbought condition for quite a while but is a good warning sign for the conservative trader...
If a stock is in a very strong trend up, I sometimes wait until it is overbought on RSI on daily, weekly and monthly..
I meant to put a star on that 3rd candle wick at bottom... Apprears to be an adam H&S inverted pattern. An adam is spikey and an eve is rounded..but they can be mixed with each other as well
Array Technologies, Inc. provides solar tracking solutions and services for utility-scale projects. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that automatically adjusts module angles in response to weather and site conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America, and Australia.
Has broken prior high once and had a throwback to right under long entry level of 48.97...
A throwback is different from a pullback in that price breaks high then comes back down in a small time frame..as long as price does not continue down, they are not an issue. CRSP is one that has throwbacks that are painful at times and price continues down for a bit..
I had to looks at hourly and 4 hour chart to see NV and OBV and it is high
Not quite overbought and I keep RSI on 9/20 and 80/so by the time mine says overbought,..it is really overbought. .
Stocks can trade in an overbought condition for quite a while but is a good warning sign for the conservative trader...
If a stock is in a very strong trend up, I sometimes wait until it is overbought on RSI on daily, weekly and monthly..
I meant to put a star on that 3rd candle wick at bottom... Apprears to be an adam H&S inverted pattern. An adam is spikey and an eve is rounded..but they can be mixed with each other as well
Array Technologies, Inc. provides solar tracking solutions and services for utility-scale projects. Its products include DuraTrack HZ v3, a single-axis solar tracking system; and SmarTrack, a machine learning software that automatically adjusts module angles in response to weather and site conditions. The company was founded in 1989 and is based in Albuquerque, New Mexico with additional offices in Europe, Central America, and Australia.