If we take a look at the RSI and the price action at the hourly we can see several points of bullish divergence as well as on the MACD histogram in addition to its bullish uptick and potential crossover.
If we take a closer look at the 15 minute chart we can also see an RSI bullish divergence as well has the MACD bulish divergence and if you look at the MACD histogram on the positive side you can see that it is starting to make a concave shape, indicating some bull strength on the short term, but of course it was at closing ,so it can be unpredictable how that will affect it will open the next day.
If we take a look at the daily chart and compare the RSI on august we can see a hidden bullish divergence and a MACD that is about to cross over with a bullish uptick.
The gain is not that much for this play, but I think it's a pretty safe play that is worth to take in my opinion.
If we take a closer look at the 15 minute chart we can also see an RSI bullish divergence as well has the MACD bulish divergence and if you look at the MACD histogram on the positive side you can see that it is starting to make a concave shape, indicating some bull strength on the short term, but of course it was at closing ,so it can be unpredictable how that will affect it will open the next day.
The gain is not that much for this play, but I think it's a pretty safe play that is worth to take in my opinion.