Please check out my full blog post:
derzzycharts.com/blog-1/battery-cars-are-charged-up
I mean… the RSI says take some profits. The first bearish divergence is taking place on both time frames. Remember these things can have second and even third bearish divergences before breaking down. The daily MACD is about to have a weak bearish cross on the daily, but that doesn’t even have to happen, it just might. Looking at the weekly MACD its’s just ripping. Lastly the clouds look amazing for both. If I was on the SPACEX rocket ship, which I am not, all I would do is take profit. No one ever went broke taking profit!
Happy Trading!
Brandon Anderson
brandon@derzzycharts.com
derzzycharts
derzzycharts.com
derzzycharts.com/blog-1/battery-cars-are-charged-up
I mean… the RSI says take some profits. The first bearish divergence is taking place on both time frames. Remember these things can have second and even third bearish divergences before breaking down. The daily MACD is about to have a weak bearish cross on the daily, but that doesn’t even have to happen, it just might. Looking at the weekly MACD its’s just ripping. Lastly the clouds look amazing for both. If I was on the SPACEX rocket ship, which I am not, all I would do is take profit. No one ever went broke taking profit!
Happy Trading!
Brandon Anderson
brandon@derzzycharts.com
derzzycharts
derzzycharts.com
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