its got divergences all over the place on every time scale, its at the bottom of a range for 2020. three rising valley bla bla bla. just look at the chart.
wow this thing has every bullish indicator. such a wonderful set up.
positive divergence with inverse head and shoulders. perfect .618 retrace on pull back. this one has a lot left in it.
But Doubtful, Probably gonna dump hard in the near future.
if you caught the knife like many of us did i would not expect much more than a .618 retrace into previous support.
Three rising Valley with positive divergence across MANY time frames. Excellent entry point with low risk.
the chart pretty much explains everything going on.
head and shoulders with bullish divergence. it appears to be braking out. waiting for retest to enter. very low risk trade as long as the market isn't in a decline which is expected soon.
Aggressively broken out of a down trend with bullish divergence. waiting for retest to enter.
Opened up a short position on last peak of the day.
Hidden bullish divergence with 20ma 200ma crossover plus 3 rising valley chart pattern, wonderful setup. Heavily respecting trend lines and squeezing up. i have illustrated how this could possibly play out from here.
don't know why i didn't notice this before