Hi Friends,
Look at this chart for
MSFT
. Interesting to see how breaks on supports on RSI and identifying divergences may allow to identify possible good exits and maybe a avoid big falls.
When you see divergences, go down to lower time frames to identify exits/ entry levels
Chart is self explanatory. At this moment, price has moved into a rectangle formation. Look for breakouts and be careful on both the RSI as well as price points.
Happy to answer any specifics
If you like what you see, please share a thumbs up. Happy to hear your comments too, they can be helpful to continue learning and keep posting these free ideas and analysis.
Cheers
Look at this chart for
MSFT
. Interesting to see how breaks on supports on RSI and identifying divergences may allow to identify possible good exits and maybe a avoid big falls. When you see divergences, go down to lower time frames to identify exits/ entry levels
Chart is self explanatory. At this moment, price has moved into a rectangle formation. Look for breakouts and be careful on both the RSI as well as price points.
Happy to answer any specifics
If you like what you see, please share a thumbs up. Happy to hear your comments too, they can be helpful to continue learning and keep posting these free ideas and analysis.
Cheers
Bình luận:
1. How the candle closes today
2. Does the gap get filled over the next few trading sessions or does this establish itself as a another important support level going ahead