We are preparing for a large fall on this stock. We have a negative RSI (RSI below the RSI-MA) and we are extremely over bought
The strategy is SELL @ 115.00-119.00 and take profit on first objective 98.50 (FIB) and then re-sell once again higher levels. Ultimately we will see 91.20 > 83.75.
The strategy is SELL @ 115.00-119.00 and take profit on first objective 98.50 (FIB) and then re-sell once again higher levels. Ultimately we will see 91.20 > 83.75.
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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.