Never trust breakouts that form in Rising wedges. Most recent Case and example is Amazon. Either the correction for this stock happens on earnings or early sept but it will happen and this stock will return to early 200's.
Divergence in RSI spotted and outlined on My chart
Volume levels lowering spotted 285
Safest entry for shorts is back below
Divergence in RSI spotted and outlined on My chart
Volume levels lowering spotted 285
Safest entry for shorts is back below
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Related publications
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.