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Re: None

Tuesday, 04/26/2022 3:07:54 PM

Tuesday, April 26, 2022 3:07:54 PM

Post# of 198710
I missed that there was a falling wedge in play.

+ Price has been riding the top of the hourly bollinger band all day.

+ Hourly MACD looks better than it's looked since January. (I cut it off on this chart for clarity.)

-- We're approaching one of the profit targets for that wedge around ~$0.075 and the 200 hour moving average, so it'd make sense to see some resistance soon.

-- Hourly RSI is in breakout and breakouts/breakdowns don't usually last long before market correction.


Intraday hourly:
Dashed pink and bold light blue 20 hour moving average line are bollinger bands.
Dark blue is 200 hour moving average.


I edit too much! Refresh any of my recent posts to get silly little updates and clarifications.

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