Though it's not very accurate for every stock, whenever there's a death cross on hourly chart, the price has gone down. If that happen, it may show levels around 77. An up move from that level would be a good idea to long. But yesterday's up move has averted it for now. May show upside of 88 and 92. SL 81.50. A sign of concern is that RSI going into over bought state but MACD is going bullish
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I am not a financial advisor. I just have 14 years of experience in trading.
Risk-o-meter Low
Message me or comment for faster updates.
I am not a financial advisor. I just have 14 years of experience in trading.