if allowed, may I keep this thread up for others and myself to practice and improve our technical analysis
Personally, i am trying to learn how to be a swing trader and just ride the ups for a couple of weeks or even months. Nothing long term
so i guestimated the support and resistance seems to be going down MA20 crossed over MA50 which is good, but there is a huge gap followed by some downwards trend MACD is slightly going down at the top and rising at the bottom, which means that there is a slight downwards trend MACD seems like it will be crossing soon so that might not be a good idea, as well as the histogram becoming smaller RSI lows are rising so that is good, but right now it is overbought so its coming down so overall this stock has some indicators which is pointing it to the downwards trend so its not an idea buy right now that is what im getting at anything I missed or messed up? maybe change my MACD settings a bit since I am looking to hold for a month at max probably? i shortened RSI to 10 instead of the default 14
