is showing strength. I am using a variety of old and new indicators and thinking in this analysis. First, there is Andrew's pitchfork
MLH 1 and it's clone. Price has pretty well been contained within these two forks and key pivots
have been accounted for along the median lines. Next, there is the gap acting as support. But the gap is not alone, we also have Lazy Bear's edition of Tim West's earnings
hidden level support. Kudos really go out to Tim for opening my mind to this type analysis. Thank you both for sharing your talents. Finally , I am using Chris Moody's ultimate RSI multi time frame
indicator. This indicator has the unique ability to display two RSIs of different time frames at the same time. Here I am using a weekly and daily. The orange weekly is trending down and knowing what is happening on the larger time frame is key. Thank you Chris for this fantastic indicator. I have added a trend line
connecting the weekly tops . With this indicator, my thinking is price will reverse here in oversold territory and return to an overbought condition above the yellow line. I am also using the blue daily to draw a pitchfork
to help with the path and timing. I see the possibility of price running up right into earnings
. Many thanks to the contributors here at Trading View!