pfe sitting right above what was previously extreme trendline resistance, if it holds above and it uses this as support we should continue the rally.
But keep in mind the RSI is also at extreme resistance, so be extra cautious. A break below the trend resistance can sent it to local support levels.
Im bullish unless we break back below the trend, like and follow for more 💘
But keep in mind the RSI is also at extreme resistance, so be extra cautious. A break below the trend resistance can sent it to local support levels.
Im bullish unless we break back below the trend, like and follow for more 💘
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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.