Just wanted to point out that there is a hidden bullish divergence in the making which could indicate underlying hidden strength.
Redline = 144 Daily EMA, provided strong support during the 2015-2017 run up.
(I use fibonacci numbers for my EMA ribbons, 55, 89, 144 , just preference. I primarily use them to guestimate support)
you heard it here first.
Redline = 144 Daily EMA, provided strong support during the 2015-2017 run up.
(I use fibonacci numbers for my EMA ribbons, 55, 89, 144 , just preference. I primarily use them to guestimate support)
you heard it here first.
Comment:
I don't want to hear comments like who uses divergences for confirmation. Well I do.... waiting for lagging indicators for confirmation is already too late.