RHTrading

Semiconductors Pretty Blatant Bear Divergence with RSI

AMEX:SOXL   DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES
189 12 5
Great Analysis on SOXL. Looking forward to an update on this symbol! Thank you! Ryan
+1 Antworten
Ryan, I re-entered SOXL on Friday afternoon based on your SPY chart. You are the best analyst out there and you don't charge for your service. Thank you for your help navigating this volatile market.
Antworten
RHTrading SOXLite
@SOXLite, Love the positive message. Guys like me don't hear that all too often. Take care
Antworten
Ryan, You were right about bear divergence. Stop loss hit just below the handle at $150. Position closed. Need another trade idea to re-enter.
Antworten
RHTrading SOXLite
@SOXLite, New opportunities every day my friend
Antworten
Could a bull flag be forming??
Antworten
I believe we are in a cup and handle pattern with a measured move to the $210 area.
Antworten
Price was $164 when RSI peaked at 83. Price went even higher to a second peak at $172 while RSI fell to 72. Price and RSI both fell after that second peak to $125 and 34 respectively. Thus, I imho the divergence has already played out. Current high is $187 and RSI was 75 at that peak which both are higher than that second peak. Therefore, there is no divergence from that second peak to the current high price.
Antworten
RHTrading SOXLite
@SOXLite, Cup and Handle would be a very powerful pattern. More important, it's a plausible one given the shape. Appreciate your thoughts SOXLite. We'll watch it unfold.
Antworten
chart underlying index SOXX.... it doesnt show divergence
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden