Charlotte's Web heading for support or resistance?
1) Trending downward on daily and weekly. Likely heading south for support at two step levels.
2) Oscillators poised to signal bottoming out RSI, MACD, Stoch
3) Consensio - bearish on all time scales, waiting for the flattening out of the moving averages
4) If market trends downward could drag it down toward step 2.
5) Waiting on entry point and watching for an opportunity is one exists?
2) Oscillators poised to signal bottoming out RSI, MACD, Stoch
3) Consensio - bearish on all time scales, waiting for the flattening out of the moving averages
4) If market trends downward could drag it down toward step 2.
5) Waiting on entry point and watching for an opportunity is one exists?
Comment:
The STOCH RSI would have to go lower and hit my blue line. Then the MACD would have to flatten out more then roll over and start heading up. Then I might get the warm and fuzzies to enter this trade.
