ANH has laboured to move higher & is facing the following headwinds:
1. RSI is struggling to make a new high despite price going higher (RSI in overbought territory)
2. Each rally is being sold off around current area of resistance
Once price makes a swing high, that will be the cue to open a short position targeting take profit on a swing low confirmation below the upward slopping trendline.
1. RSI is struggling to make a new high despite price going higher (RSI in overbought territory)
2. Each rally is being sold off around current area of resistance
Once price makes a swing high, that will be the cue to open a short position targeting take profit on a swing low confirmation below the upward slopping trendline.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.