SOFI: Bearish Divergence
In this bearish divergence signal - it shows the price making an equal high while the oscillator makes a lower high. This signals less buy side pressure.
Simultaneously were hitting a long term resistance at this point.
Price may want to come down and retest bottom of the rising wedge we find ourselves in. From that point, another analysis is needed.
Simultaneously were hitting a long term resistance at this point.
Price may want to come down and retest bottom of the rising wedge we find ourselves in. From that point, another analysis is needed.
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