The Share has been trading at a higher level and making HH and LH which suggest the buyer has strengthened the market. During the upside move the RSI and the Macd have supported the move as well.

Recently the stock has made a new high but the RSI has not supported the price as well as Macd has seen a crossover at the top which is also not supporting the price increase and Awesome Oscillator is also not supporting the price move.

All this is suggesting we can see a correction ahead on the downside.

If the stock closes below the Trend Line and the RSI and the MACD is supporting the move on the downside we can expect the move to strengthen  ahead.

Advice : Wait for a correction, there is an opportunity ahead.

Selling Opportunity Ahead

Jul 22 2021

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