If this is in fact will play out. Overbought on RSI and on MFI. MACD weakening. Increase in selling pressure EOD to bring RH down from closing at ATH.
Could pop Monday and or Tuesday to new ATH before dropping.
Pop is from news of Buffett buying into RH.
Better view on 1 and 2 hr. But DYOR.
looks like this coulda possibly been a cup and handle with a gap since it has minimum 7 sessions with low trading volume. If this drops we'll prob see like 200 (small wedge + coming out of a bullish cup and handle)
Could pop Monday and or Tuesday to new ATH before dropping.
Pop is from news of Buffett buying into RH.
Better view on 1 and 2 hr. But DYOR.
looks like this coulda possibly been a cup and handle with a gap since it has minimum 7 sessions with low trading volume. If this drops we'll prob see like 200 (small wedge + coming out of a bullish cup and handle)