V divergence
V has been looking to make a trend reversal and it seems the market hiccup September 20 was the catalyst
- V is confirmed to be in a bullish divergence
+ the chart shows two recent lower low's
+ slow stochastic shows higher lows
+ five EMA crossed 200 EMA
- Fibonacci retracement shows price target at $238.68
+ prior resistance is $238.10
V is on a strong up. There are a few resistance levels along the way to collect profits and get better entries.
** for some reason my trend line on my Stochastic Slow did not show but if you look you can see the higher low's
- V is confirmed to be in a bullish divergence
+ the chart shows two recent lower low's
+ slow stochastic shows higher lows
+ five EMA crossed 200 EMA
- Fibonacci retracement shows price target at $238.68
+ prior resistance is $238.10
V is on a strong up. There are a few resistance levels along the way to collect profits and get better entries.
** for some reason my trend line on my Stochastic Slow did not show but if you look you can see the higher low's
Penafian
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