Vaibhav Global going into downtrend!

I thought to enter into Vaibhav Global but it looks like this is going into downtrend. Reasons:
1. Rising Wedge Consolidation in progress
2. Negative Divergence supported by MACD
3. Negative Divergence supported by RSI.

I will wait for this correction to get over and then enter at right location.
Chart PatternsTechnical IndicatorsTrend Analysis

Declinazione di responsabilità