Paper Index Weekly Relative Strength

The weekly Paper Index has broken out of a bullish wedge formation while displaying a bullish divergence between price & the RSI indicator. Relative strength is beginning to develop against the SPX as well. This may be a good industry to scout for some alpha.
alphaBullish DivergenceTechnical IndicatorsnasdaqpaperSPX (S&P 500 Index)Trend AnalysiswedgebreakoutWedge

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