TLT: There is a possibility that TLT might have bottomed or is close to bottoming. Why?Take a look at the highlighted time frame on the left. Back in October 2022, TLT formed bullish divergences with MACD, RSI, and William %R.
Now, look at the highlighted time frame on the right.
We are seeing the same thing happening.
If TLT has further to fall, I think $82 would be it.
Upside targets:
$88
$92
Downside risk:
$82
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.