DIV
EURNZD Buy, double bottomUnderlying div, and bounce on major support level. Enter till monthly pivot for TP.
Good weekend all!
GPRO looking for a bottom.GoPro has been diving into the depths of the chart, doing price discovery and trying to find a bottom; but we can see the market has been buying these dips, as illustrated by the MACD and RSI bullish divs.
Taking the long trade here is really good in terms Risk/Reward but gambly in the sense that there's no bottom put in just yet.
FACEBOOK - Momentum weaknessClear momentum weakness on this upswing as demonstrated by this 4/6H divergence on the MACD. Sell sign on the RMI.
If it does get another leg on it and I get stopped, I'll reshort higher.
S&P Bearisg double RSI DIVThere's a strong double RSI DIV that printed a few days ago, this drop of momentum at the top may still have downside bias IF the low from Sept 24th gets taken out.
