Mazdock - Monthly, Weekly, Daily time frame analysis
RSI on Aug 29, 2022 - 85.63 / Closing price - 394.50
RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95
Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR.
If breaks the levels 594, next support @ 520/525 (11% roughly)
If holds the levels of 594/590, wait for next BO
RSI on Oct 07, 2022 - 84.03 / Closing price - 632.95
Overstretched scenario, Rsi divergence on daily charts make an unfavorable RR.
If breaks the levels 594, next support @ 520/525 (11% roughly)
If holds the levels of 594/590, wait for next BO