1) I drew resistance line on RSI indicator and it touched 5 times. It seems be broken soon. Please check out arrows and you will see RSI level is approximately 30 level and RSI's 2 moving average will be cross each other nearly. 2) I applied SMA(8 period) on Momentum indicator and they have crossed each other. On the other hand, resistance line of momentum was broken but we have to wait at the end of the month's closing line. 3) I applied WMA(14 period) on CCI indicator and they are very close each other to cross soon. Target Price is 150$ and OF COURSE IT CAN HAPPEN OR NOT. 4) I drew resistance line on prices and green candle gave us sign for broken resistance line but again we have to wait at the end of the month's closing area for candlestick.
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Resistance lines of RSI and Momentum have already been broken. -DI will cut below ADX soon. And it will be buy sign.
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Daily Chart!
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Weekly Chart! It will decrease a lot. New bottoms are found!
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2 days ago i wrote sth wrong in my analysis. Falling Wedge on MACD not Descending Triangle!
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MACD broke its resistance line last week! Maybe new increase?
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Weekly Chart! CCI and RSI broke their resistance lines last week!
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Wrong Analysis it is related to TSLA!
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Daily Chart! Momentum broke support line! New bottoms are found. It is not going very well.
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Daily Chart! OBV broke support line and Rising Wedge Chart Pattern happened there. It generally brokes support line and it happened as we expected.
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Weekly Chart! As i showed it before, Rising Wedge generally breaks support line and it happened as we expected. MACD broke support line!
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Daily Chart! Momentum broke resistance line.
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Daily Chart! MACD broke resistance line but wait for CCI and RSI.
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Weekly Chart! CCI broke resistance line but wait for second confirmation.
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Daily Chart! RSI and CCI broke resistance lines.
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Daily Chart! RSI, +DI and OBV broke resistance lines.
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