RSI overbought, capitulation and potential retrace
Currently super overbought on the 1day RSI, and a reduction in overall weekly volume on the MACD. Looks to me like a potential capitulation period, followed by a further retrace within the overall up-trend. Especially if market sentiment continues to shift with China trade talks. Could be a great week coming up ahead and plenty of room for day-trade/swing-trade action while CGC gains momentum approaching earnings.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.