As the chart says!
I'm not bearish on the market AT ALL, I'm just laying out there some observations I saw in the market.
It could look like we could be seeing a stock market correction similar to that of around October-November 2020, where growth stocks took a huge hit.
Technicals:
a). MACD crossing on NEW HIGHS
b). Divergent RSI (Which is not a good indicator when using on the market, and I do not suggest using this trading strategy according to my own DUE DILIGENCE)
Disclaimer: It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.
I'm not bearish on the market AT ALL, I'm just laying out there some observations I saw in the market.
It could look like we could be seeing a stock market correction similar to that of around October-November 2020, where growth stocks took a huge hit.
Technicals:
a). MACD crossing on NEW HIGHS
b). Divergent RSI (Which is not a good indicator when using on the market, and I do not suggest using this trading strategy according to my own DUE DILIGENCE)
Disclaimer: It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser.
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.