The daily chart shows a series of bearish RSI divergences while price has continued to move higher. Volume is not confirming higher highs and stochastic is topping off, indicating a high probability we are at the top of this sequence. Weekly and monthly charts are also showing similar bearish RSI divergence patterns, foreboding that a future correcting wave will be quite violent. I have a short term price target of $65 per share.
تعليق:
^Ignore, I posted on the wrong idea; my apologies.
Looks like Bulkowski's Ending Diagonal. I think we may see one final wave upward to $2014 around September 7th/10th.