Overbought on Daily chart

22 בינו׳ 2020

Last time JD traded above 41 back in June 2018, it went to $45 before coming back to Earth. bis Repetita ?
RSI is running hot on daily chart above 79. On High Alert Watch in next 3 days.

27 בינו׳ 2020

הערה

Almost 10% down since we took this view.
Things do not look for upward move any time soon.
Failed to hold 38 in the later part of the session.