Lumen, made a great run up in the past weeks/month. Touched the top of the channel, expecting to calm down for now. Why? Let's see.
It's dropped out of the bullish RSI trend, it made a negative cross on the MACD (while this is turning up for now and RSI also), volume going down, finished 3th Elliott Wave, expecting to retrace to leg 4 before we'll head upwards at the end of this year again. Not buying for now.
It's dropped out of the bullish RSI trend, it made a negative cross on the MACD (while this is turning up for now and RSI also), volume going down, finished 3th Elliott Wave, expecting to retrace to leg 4 before we'll head upwards at the end of this year again. Not buying for now.