JSE:IMP Major divergence for short term reversal
With the recent bull run slowing down, the RSI has been diverging away from price indicating short term reversal.
A break below might target 50% fib.
RSI is already below 50
A break below might target 50% fib.
RSI is already below 50
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.