SFUND dumped to new ATL and is again at RSI support line forming longterm bullish divergence. Each time we touched RSI support line we got a bounce up. Setup is similar to one we had in September 2023 - after 2 bounces from RSI support line we got strong push to RSI resistance line. Expecting same reaction now. Not clear how high we will go - can go for fibb 0.886 range but I would use weekly RSI resistance line as signal when to exit.
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.
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.