Going to be interesting to see where the price goes from here when the market opens. Most times the Stoch's are up is when the MACD
is on a down tick. But, this time, the Stoch's are on the way down, still high, while the MACD
is at its peak with negative convergence. And, there aren't any other recent Bullish
patterns at that level to lend support. I don't have a position in this one, just curious as to where the price goes, hoping to learn from it. If you have any incite to offer on this kind of setup we're seeing, feel free to share what you think will happen. Looks like the Stochastic's want to bring the price down but the MACD
has some good momentum from XLNX's recent up-leg, breaking through the resistance level
, which is now, what looks like, its only support.