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ScotianBot
Jan 22, 2021 1:28 AM

Bearish Divergence for GBR? 

Description

GBR has created lower highs on the RSI since Oct 2018 but the price has continued higher until the blow-off top in late June 2020.

The RSI looks like it's trading in a Descending Channel.

The KST has seen multiple bearish crosses since Dec 2018 and continued lowers highs indicating momentum is fading.

Noticeably the price has broken flush to the downside of a bearish pennant unless it's a fake-out.
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