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dRends35
Mar 8, 2022 7:34 PM

INDO - Topping Short

Indonesia Energy Corporation LimitedArca

Description

Chart request for @Othman07,

Explosive impulse has wicked through long and short range fibs to form a very large star - bearish.

And with RSI hitting 95 that will most probably be that for this name ala AMC.

This will probably form and evening star on the weekly and I would be very surprised if there is still candle body above the fibs by the end of the month.

Not much to do here unless you want to short a very volatile chart.

Not advice.
Comments
Othman07
Great job thank you 🙏
Mr_Parker
Wrong.
dRends35
bobbyd1
Absolutely False......
dRends35
@bobbyd1, Did you press play? 💡
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