Quote:
Originally Posted by ninjacookies
Same stock? I'm keeping my eye out.
https://www.tradingview.com/x/zjO8hAoZ/
I'm paying attention to that 50ema resistance. Daily stoch looking like it may be getting slightly toppy here, too...but doesn't necessarily have to be the case.
Weekly had a nice bounce off the 50 ($79.50)...if it holds, the uptrend is still very much in tact. |
It could bounce between the 50 and 200 until it breaks up or down. Generally I view a convincing break above 200day after a consolidation as a pretty bullish signal tho.
Never used stochastic rsi before. Too many indicators usually just muddies the water for me.
I use regular RSI occasionally, support and resistance pivot points, heiken ashi candles, and the 20/50/100/200 emas