Seemingly every stock in this sector has spiked on earnings, but on this occasion we will sit on the sidelines.
The volume has declined consistently.
The RSi is in bearish divergence to price action .
Stock is currently at upper trend-line resistance.
Possible rising wedge forming which is not a bullish structure to trade.
The volume has declined consistently.
The RSi is in bearish divergence to price action .
Stock is currently at upper trend-line resistance.
Possible rising wedge forming which is not a bullish structure to trade.