Looks a few things going on here but with a mostly bearish vibe on the short term. And it looks like we will be respecting the wedge until breakout.
On the 4 hours we have slight bearish Divergence (higher high stock price & lower low on the stochastic & RSI)
Recently just created a double top.
All in all it seems we will have a difficult time pressing through the $30 barrier in the coming week.
Please do your own TA. This is not trading advice. Good luck everyone!
On the 4 hours we have slight bearish Divergence (higher high stock price & lower low on the stochastic & RSI)
Recently just created a double top.
All in all it seems we will have a difficult time pressing through the $30 barrier in the coming week.
Please do your own TA. This is not trading advice. Good luck everyone!