Bearish divergence on the monthly.
It looks like the bulls are losing momentum on this current leg up. The Stochastic Oscillator (14,3,3, setting) is showing a divergence. I'll be waiting until after their earnings come out next Tuesday before I decide where to "put" my money on this.
"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
"Always listen to experts. They'll tell you what can't be done, and why. Then do it." - Robert A. Heinlein
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.