77 views
Looks like it is as low as it can go. Just posting for myself for learning purposes.
Jul 22
Comment:
Will watch how this opens tomorrow.
Related Ideas
@sykes, Firstly, thank you for this update. I am currently short on Deutsche Bank since the long term trend is bearish, with no doubts. That said, I will be headging and then going long ( 1/3 or 1/4 of my short position ) only when i will have some daily close at least +3-4 percent with increased volumes. I am not sure if it will happen on next days. Situation is getting worse for European banks and I am a bit concerned for next weeks and months. Technically, we are close to oversold area for RSI on daily chart and 4 hrs as well, which is a very bearish signal when a stock is moving in a trend ( when is moving in a range, an oversold RSI is a buy signal ).... therefore, I guess we might have a rebound, but before jumping into it, I wanna see strong daily closes. P.S. What;s the name of the indicator above MACD? thank you
Reply
@SimoneSiesto, Think it is this one.
- this guy uses it has some videos around on divergence. https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q
Reply
Zoomed way out.