Risky short on ELLIE

16 0 1
Bearish Divergence has been on RSI and Fisher for a long period of time. A newer shorter term bearish divergence has also appeared within the larger one. Entry I look to enter on a test of the previous high. Stop is at the R1 for the monthly and also would break the trend line for the tops trend line formed. Holding past the 50 week EMA is risky as it is strong resistance and if it does not make a new high after touching the this EMA that would indicate another bearish signal to me. Blue lines are S/R lines I eyeballed. Let's see how it goes...
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out