SWN
it is necessary to observe the level of 5.5 and 4.9, after reaching these values, it makes sense to enter the corresponding transactions.
Bearish class B divergences, which are evident on RSI, MFI, AO, speak in favor of the decline. However, this is not a guarantor of a collapse, but may simply be a signal for the pair to dump, since the price is in the range (13% of the price movement), it keeps the EMA50 while the indicators are declining. Also, prices for the company will not go down in the event of an increase in oil prices and growth of the sector as a whole, analysts have been betting on the growth of oil until now.
Bearish class B divergences, which are evident on RSI, MFI, AO, speak in favor of the decline. However, this is not a guarantor of a collapse, but may simply be a signal for the pair to dump, since the price is in the range (13% of the price movement), it keeps the EMA50 while the indicators are declining. Also, prices for the company will not go down in the event of an increase in oil prices and growth of the sector as a whole, analysts have been betting on the growth of oil until now.
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