The hourly chart is giving off some pretty strong sell signals.
The leveling off of the price along with the bearish divergence on the stochastic indicator suggests this one is due for a correction after a long accumulation. The MACD is showing a pretty clear change in direction also.
I've just sold mine, but I will keep an eye out for a return of the bulls in the not too distant future.
The leveling off of the price along with the bearish divergence on the stochastic indicator suggests this one is due for a correction after a long accumulation. The MACD is showing a pretty clear change in direction also.
I've just sold mine, but I will keep an eye out for a return of the bulls in the not too distant future.