Possible Short Term Uptrend
H Everyone,
Was going through my chart setup for BCN, and noticed a potential uptrend on the daily chart. Both RSI and Divergence are showing an uptrend, with RSI showing 3 potential resistance levels that have to be broken. (46.28, 54.50, and the 58.02)
With some heavy volume, we might see a nice upside short term.
We are still in a downtrend on the monthly chart. RSI has to test the 40 level before we can see confirmation of an uptrend.
Let's buckle our seat belts, and see what happens...
Was going through my chart setup for BCN, and noticed a potential uptrend on the daily chart. Both RSI and Divergence are showing an uptrend, with RSI showing 3 potential resistance levels that have to be broken. (46.28, 54.50, and the 58.02)
With some heavy volume, we might see a nice upside short term.
We are still in a downtrend on the monthly chart. RSI has to test the 40 level before we can see confirmation of an uptrend.
Let's buckle our seat belts, and see what happens...
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