You can see the negative divergence on this chart. Stock been pumping up and momentum is vanishing.
I am shorting from up here, puts 2 weeks out.
I am shorting from up here, puts 2 weeks out.
Note
Below 14MA, next stop is 30MA? or 0.786 fib line?
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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.