Every article on google is bearish just like every other time it has gapped down aggressively.
This GAP is almost 100% going to fill. When, I do not know.
I think it could consolidate here and pop to 155 to create triple negative divergence AND produce a lower high even after a gap fill.
If we fall and loose this red 55 day MA, the algorithm will flip to bearish.
This GAP is almost 100% going to fill. When, I do not know.
I think it could consolidate here and pop to 155 to create triple negative divergence AND produce a lower high even after a gap fill.
If we fall and loose this red 55 day MA, the algorithm will flip to bearish.
Note
needs to hit $135 ish.Trade active
Hit the resistance trend line I have.I think tech in general will correct or go sideways until April, May or June.
Trade closed: target reached
yuuur
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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.