Logitech International S.A. - Registered SharesNASDAQ
Description
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Logitech is simultaneously declining in Volume and price and the lowest oversold RSI value at my target coincides with 38$. This sets up nicely for a quick swing trade before EOW.
On decreasing red (selling) volume, that means it’s decreasing in price on low volume. Meaning sellers aren’t present or are fading. So decreasing selling volume usually means it’s preparing for another leg up. This may be a long.