RUM Bullish Divergence Update + 1 Cent Head Theory!
Hey Folks.
Some new ideas.
I highlighted previous divergence on the 1 hr, which lends me to believe the overall bullish divergence is playing out.
As for the current structure. I highlighted a small Head and Shoulder that has potential to form an Inverse Head and Shoulder. Left shoulder at $8.88, the 1 cent head at $8.87 and a potential $8.88-$8.89 right shoulder.
Happy Trading!
OnePath
Not financial advice.
Some new ideas.
I highlighted previous divergence on the 1 hr, which lends me to believe the overall bullish divergence is playing out.
As for the current structure. I highlighted a small Head and Shoulder that has potential to form an Inverse Head and Shoulder. Left shoulder at $8.88, the 1 cent head at $8.87 and a potential $8.88-$8.89 right shoulder.
Happy Trading!
OnePath
Not financial advice.
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