LP, nice eye on the positive divergence, but I don't like it...
Here is why, I'm assuming you looked over my lesson... one of the "reinforcer's" I used as a confirmation of a "good" positive divergence was the double bottom pattern... I do not like this double bottom because Bottom 1 is HIGHER than Bottom 2... IMO, it needs to be opposite of this for myself to feel comfortable (some may disagree... this is all just my opinion).
What I'd be looking for is a break of the upper channel line before I'd even think about hopping into this one...
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.