User: fiboman: Golden Opportunity Trading: DDD 30.03.16.png

DDD 30.03.16.png

3D printers ready for correction... a buying opportunity


This is an interesting chart. But the RSI at approx 4/25 is lower than the RSI at approx 3/12 even though the price is higher which means the price is bullish in relation to the indicator (positive reversal). You have the price rising from here but it may be more bullish. It suggests to me the count could be (1) (2) then 1-2 with possibly much higher prices ahead. We'll see. Tomb 3/31/16