Right on 61.8% of Fibonacci
$NYSE:MRO
MRO stopped right over 61.8% of fibonacci level. Is it gonna continue or not? It doesn't have that much of a range that make the investors interested but at this level! I'm interested now. Last 5 minutes today volume went up crazy while it was going down, 60K. Almost three times the regular volume for other 5 minutes candles. Does the last 5 minute price action and volume imply that it's time for it to go down! It could be.
I have to see tomorrow move to make a decision about it. Need to have some confirmation on top of volume. I don't see the RSI overbought nor the stochastic showing some downward momentum.
MRO stopped right over 61.8% of fibonacci level. Is it gonna continue or not? It doesn't have that much of a range that make the investors interested but at this level! I'm interested now. Last 5 minutes today volume went up crazy while it was going down, 60K. Almost three times the regular volume for other 5 minutes candles. Does the last 5 minute price action and volume imply that it's time for it to go down! It could be.
I have to see tomorrow move to make a decision about it. Need to have some confirmation on top of volume. I don't see the RSI overbought nor the stochastic showing some downward momentum.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.