Short
#BLL #stock #short #doubletop
On the daily the stock has formed another double top. All indicators are pointing down and trend is down. I think this is a good short pay for the next few weeks.
weekly
two out of the three indicators are negative, MACD and OBV. Stock RSI is oversold. Overall trend is up. Stock has formed a confirmed double top.
Monthly
BLL is in an uptrend, however, two of the three indicators are pointing down. the MACD is pointing down and Stoch RSI is pointing down. OBV looks fine.
weekly
two out of the three indicators are negative, MACD and OBV. Stock RSI is oversold. Overall trend is up. Stock has formed a confirmed double top.
Monthly
BLL is in an uptrend, however, two of the three indicators are pointing down. the MACD is pointing down and Stoch RSI is pointing down. OBV looks fine.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.