I tell you what, I personally thought the Daily charts would keep the RSI and Slo STO bouncing near the top and the 60min chart would be bouncing all around with these indicators. That trader dumping shares these past two weeks has really impacted the Daily chart in a big way. Even if it gets to a bullish condition, you just don't know if that big dump of Aug. 15th is going to happen again or not. That's what is holding this down in the way that it is.
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.