The daily chart is displaying a positive divergence between RSI and price. This combined with price activity between dual trandline support is an indication that stock may turn up and touch the upper trendline resistance, giving a risk to reward ratio of more than 4.
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.