COMP still has some work to do here but its starting to diverge on both the RSI and the MACD. Bullishly engulfing here as well with a possible partial decline. This is the 3D but i do like this time frame for reducing a little bit of the noise from the daily, and a little faster than the weekly. You really want to see COMP back above 180, which would open the door to about 100% upside to the next major resistance.
The 1.13 rejection on AC could imply we are going to see an .886 return to complete the Bearish shark here, but even a reasonable retrace to the 50% is about 3X from here.
COMPs also been added to Robinhood and its safe to say that will lead to a lot more volume and eventually some significantly higher prices.
The 1.13 rejection on AC could imply we are going to see an .886 return to complete the Bearish shark here, but even a reasonable retrace to the 50% is about 3X from here.
COMPs also been added to Robinhood and its safe to say that will lead to a lot more volume and eventually some significantly higher prices.